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Ophir Gold Corp. 
Listed Company 

KAPUSKASING GOLD CORP. ("KAP")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: February 3, 2016
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 3,440,000 shares to settle outstanding debt for $172,000.

Number of Creditors: 4 Creditors

Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price
Creditor Progroup=P Owing per Share # of Shares
Dean Nawata Y $60,000 $0.05 1,200,000
Jaelky Holdings Inc. (Andrew Davidson) Y $60,000 $0.05 1,200,000
A.Davidson Business Trust (Andrew Davidson) Y $25,000 $0.05 500,000

The Company shall issue a news release when the shares are issued and the debt extinguished.
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