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LATEST FIRM TRANSACTION

Gowest Gold Completes Private Placement

September 30, 2014

Gowest Gold Ltd. (TSXV: GWA) (“Gowest” or the “Company”) completed the final closing of a non-brokered private placement for aggregate gross proceeds of $2,900,000. Gowest issued and sold 36,250,000 units of the Company, at a price of $0.08 per unit, with each unit comprised of one common share and one common share purchase warrant.  Each common share purchase warrant is exercisable to purchase one common share of the Company at a price of $0.11 until September 30, 2016.

This closing forms part of a larger offering of units pursuant to which the Company raised an aggregate of $4,000,000.

Wildeboer Dellelce LLP acted for Gowest with a team that included James Brown and Michael Rennie (corporate/securities).

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