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Gold Jubilee Announces Mr. James Currie as President

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June 19, 2017

Vancouver, BC – Gold Jubilee Capital Corp. (TSX-V:GJB) (“Gold Jubilee” or the “Company”), has appointed James A. Currie as president of Gold Jubilee. Mr. Currie will be leading the team in advancing its highly prospective copper-gold porphyry target in Northern British Columbia, as well as finalizing and advancing the recently announced copper-gold exploration project in Serbia.

Mr. Currie stated, “I am pleased to be joining a group of proven mine finders and am looking forward to our planned exploration programs in Northern British Columbia and Serbia, two areas with excellent copper and gold potential.”

Mr. Currie was most recently the chief operating officer of Pretium Resources, leading the development of the company’s Brucejack high-grade gold asset in British Columbia. Previously, he led the construction and development of New Gold Inc.’s New Afton gold mine in British Columbia, which went into production ahead of schedule in 2012. Over the course of his 34-year career in the mining industry, he has held roles in senior management, engineering and operations on a number of projects that have progressed through feasibility to successful operation on schedule and budget. Mr. Currie holds a bachelor of applied science with honours in mining engineering from Queen’s University and is a registered professional engineer.

Mr. Currie will be granted 400,000 options at a price of 23 cents per share with a five-year term.

Minaz Devji, chief executive officer of Gold Jubilee, stated: “We are pleased to announce that Jim will be joining the company as our new president. His extensive experience will be invaluable in helping guide the company into the next phase of its growth.”

ABOUT GOLD JUBILEE CAPITAL CORP.

Gold Jubilee Capital Corp. (TSX-V: GJB) is a Canadian-based junior exploration company comprised of highly qualified mining professionals with one active copper-gold exploration project, the Pyramid project, located in northwestern British Columbia.

BY ORDER OF THE BOARD OF DIRECTORS

“George Cavey, P.Geo”

Vice President, Exploration and Director

For further information, please contact Gold Jubilee at (604) 684-4691, email Mike Devji at mike.devji@goldjubilee.ca or visit our SEDAR profile at www.sedar.com.

Investor Relations Contact

KIN Communications
Roger Blair
(604) 684-6730
GJB@kincommunications.com

This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, execution of the Option , the making of cash payments and share payments, obtaining TSX-V approval, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements and Gold Jubilee undertakes no obligation to update such statements, except as required by law.

Neither 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.

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