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New Carolin Common Shares Cleared for Quotation on OTC Link

(via Thenewswire.ca)

March 17, 2016 / TheNewswire / New Carolin Gold Corp. (the "Company" or "New Carolin") (TSXV: LAD; OTC:MDULF) wishes to announce that, pursuant to FINRA Rule 6432 and Rule 15c2-11 under the Securities Exchange Act of 1934, Glendale Securities, Inc. ("Glendale") has filed a Form 211 in connection with the Company's common shares and, as a result, the Financial Industry Regulatory Authority ("FINRA") has cleared Glendale's request to submit a quote ( Bid, Ask) for the Company's common shares under the symbol "MDULF".

U.S. based shareholders and interested parties can obtain quotes, affect trades and follow the market through otcmarkets.com.

Robert Thast, President, said, "We are pleased to see an additional trading venue made available to further enhance liquidity for our current, and future U.S. Shareholders. As New Carolin Gold Corp. works to develop what we believe is an extremely exciting gold play, we will continue to improve visibility and maximize both our domestic and international investor exposure, to put this story on a global stage."

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of 144 sq. kms of contiguous mineral claims, collectively known as the Ladner Gold Project. Located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, the Project is host to several historic small gold producers, including the Carolin Mine, Aurum Mine, Emancipation Mine and Pipestem Mine and has numerous gold prospects. For additional information, please visit the Company's website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"Robert L. Thast"

President & Chief Executive Officer

Phone: 778.294.3211

Cell: 604.220.5031

E-mail: ceo@newcarolingold.com

Web site: www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company's expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

Copyright (c) 2016 TheNewswire - All rights reserved.

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