2017-06-05 16:03 CT - News Release

An anonymous director reports

SHORE GOLD RESPONDS TO RECENT TRADING ACTIVITY

At the request of the Investment Industry Regulatory Organization of Canada, on behalf of the Toronto Stock Exchange, Shore Gold Inc. has issued the following statement in response to the recent trading activity in its common shares.

Shore is engaged in preliminary discussions regarding a potential transaction with a third party involving an earn-in on Shore's mineral properties. However, no agreement has been reached, and there is no assurance that these discussions will continue or that any transaction will be agreed upon. Until such time as it is appropriate to make a public announcement on any potential transaction, should one occur, Shore Gold will not comment further on this matter.

If the discussions result in agreement upon a transaction, of which there is no certainty at this time, an announcement will be disclosed in accordance with applicable legal and regulatory requirements.

We seek Safe Harbor.

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