Chairman's Chats

Tocqueville Gold Fund acquires 19.5 million shares of NuLegacy Gold

To friends, family and NuLegacy shareholders/stakeholders:

Hi Folks,

We are pleased to inform you that the renowned Tocqueville Gold Fund, co-managed by John Hathaway and Doug Groh, purchased 19.5 million shares of NuLegacy at C$0.20/share in an open market transaction on the Chi-x exchange on April 19, 2016 from Global Resources Investment Trust PLC ("GRIT"), a British resource investment trust.

Mr. Hathaway, a long-term successful gold fund manager was interviewed in October 2015 and very presciently advised that investors "stick to your guns - hold on to those mining shares".

Global Resources Investment Trust PLC ("GRIT"), a British resource investment trust, which supported NuLegacy during the worst of the bear market, was pleased to be able to liquidate part of its resource investment portfolio profitably.

Cheers to all,

Albert J. Matter
Chairman, Director
NuLegacy Gold Corporation | NUG:TSXV | NULGF:OTCQX
C: 604.512.7003 |

The foregoing does not constitute an offer to sell or the solicitation of an offer to buy any security and is not intended to be relied upon as advice to investors or potential investors. In addition, the foregoing contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions based on information currently available to the Company. Readers are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required under applicable securities legislation.

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