News Releases

GWR Resources Inc. Changes Name To Engold Mines Ltd.

May 18, 2016


May 16, 2016. Vancouver, BC. David H. Brett, President & CEO, reports that GWR Resources Inc. (former trading symbol GWQ) has changed its name to Engold Mines Ltd. (trading symbol EGM) to better reflect the Company’s focus on the Aurizon Gold prospect within its 100% owned Lac La Hache property in British Columbia’s Cariboo region. Effective the opening of trading on Monday, May 16, 2016, Engold will commence trading on the TSX Venture Exchange under the symbol EGM. No other change has been made to the Company’s capital. Shareholders approved the name change at the Company’s AGM held in Prince George on April 22nd, 2016, along with all other resolutions before the meeting.

“The name Engold better reflects the company’s new strategic direction that is focused on the high grade Aurizon Gold prospect,” said Engold President & CEO David Brett. “Management believes Aurizon Gold, which lies within Engold’s larger Lac La Hache Property in BC’s Cariboo region, has the potential to host an economic, high grade, underground gold mine.”

Engold Mines Ltd.

Per/

David Brett

President & CEO

For further information, please contact:

David Brett, Telephone: 604-682-2421

This news release may contain “forward‐looking statements”. Readers are cautioned that any such statements are not guarantees of future performance and that actual development or results may vary materially from those in these “forward looking statements.”

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 accuracy of this release.

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