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| Press Release

Buccaneer Gold Comments on Market Activity

TORONTO, Feb. 09, 2018 (GLOBE NEWSWIRE) -- Buccaneer Gold Corp. (TSX-V:BGG) shares were halted today pending comment from the Company.

The Company has no knowledge of any activity which would create such a rise in share prices.  The Company has fully disclosed all material information in the public domain.

About Buccaneer

Buccaneer is a mineral exploration company whose long-term objective is to build a diversified Company focused on the acquisition, exploration and development of mineral properties. Additional information about the Company is available on www.buccaneergold.com.

This press release contains forward-looking statements which reflect the Company’s current expectations regarding future events, including with respect to the settlement of its litigation and its attractiveness as a transaction partner. The forward-looking statements involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed this news release and neither accepts responsibility for the adequacy or accuracy of this news release.

Buccaneer Gold Corp.: H. Richard (Rick) Smith Director, President and Chief Executive Officer
416 890-1232
info@buccaneergold.com

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