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Magnum Goldcorp Issues Stock Options

West Vancouver, British Columbia – September 22, 2016 – Magnum Goldcorp Inc. (the “Company” or “Magnum”) announces that in accordance with the terms of the Company’s stock option plan, the Company has granted 5,800,000 incentive stock options to certain directors, officers, employees and consultants, at an exercise price of $0.05 per share for a term of 5 years.

For further information, contact Mr. Clive Shallow, Shareholder Communications, at 604-922- 2030 or visit the company’s website at www.magnumgoldcorp.com.

Magnum Goldcorp Inc.

“Douglas L. Mason”
Douglas L. Mason

Neither the TSX Venture Exchange nor its Regulation Services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release