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    Sunridge Gold Corp. (the "Company" or "Sunridge") shares and warrants were de-listed from trading on the TSX Venture Exchange and the OTCQX on Friday, May 13, 2016. Shareholders of record on May 18, 2016 (the "Record Date") will be entitled to a return of capital to be paid in two distributions (the "Record Date Shareholders"). The first distribution will be paid to the Record Date Shareholders on May 25, 2016. The second distribution, currently estimated to be CDN$0.04 to CDN$0.05, will be paid to the Record Date Shareholders approximately six months later. At the Record Date there are a total of 231,762,265 shares outstanding. The first distribution will be CDN$0.36 per share for a total of CDN$83,434,415. In addition, the Company will pay warrant cancellation fees of CDN$0.02 per warrant for a total distribution of CDN$1,042,968 to cancel 52,148,383 warrants that had not been exercised before the shares were de-listed. Sunridge shares will continue to trade on the OTCQB until the Company is liquidated in November 2016. FINRA published a bulletin on May 20 and clarified on May 23, 2016, advising the U.S. markets of the corporate action (return of capital, initial distribution) and establishing an Ex-Date of May 26, 2016 for entitlement to the CAD $0.36 distribution paid through DTCC. The Company will continue to be a reporting issuer and will continue to meet its continuous disclosure obligations until it dissolves, including the preparation and publication of interim financial statements and management discussion and analysis.