April 28, 2017 (Vancouver, Canada)… Lundin Gold Inc. ("Lundin Gold" or the "Company") (TSX: LUG, Nasdaq Stockholm: LUG) reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act. As a result of the issuance of 23,471 common shares in connection with a previously disclosed loan facility, as at April 30, 2017 the number of issued and outstanding shares of the Company is 118,819,824 common shares with voting rights. About the Company Lundin Gold Inc. owns the Fruta del Norte (”FDN”) gold project located in southeast Ecuador. FDN is one of the largest and highest grade undeveloped gold projects in the world. The Company is advancing FDN in order to realize the significant potential of this asset. The Company believes that the value created will not only greatly benefit shareholders, but also the Government and people of Ecuador who are the Company's most important stakeholders in this project. Lundin Gold views its commitment to corporate social responsibility as a strategic advantage that enables it both to access and effectively manage business opportunities in increasingly complex environments. Lundin Gold is committed to addressing the challenge of sustainability - delivering value to its shareholders, while simultaneously providing economic and social benefits to impacted communities and minimizing its environmental footprint. Additional Information The Company is obliged to make this information public pursuant to the Financial Instruments Trading Act (Sweden). The information was submitted for publication at 2:30pm Pacific Time on April 28, 2017. For more information, please contact Lundin Gold Inc. Ron F. Hochstein President and CEO +593-2-299-6400 +1-604-806-3589 Lundin Gold Inc. Sophia Shane Corporate Development +1-604-689-7842 info@lundingold.com www.lundingold.com