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Kestrel Gold Inc. 
Listed Company 

KESTREL GOLD INC. ("KGC")
BULLETIN TYPE: Consolidation
BULLETIN DATE: April 10, 2014
TSX Venture Tier 2 Company

Pursuant to a resolution passed by shareholders on March 27, 2014, the Company has consolidated its capital on a (four) 4 old for (one) 1 new basis. The name of the Company remains the same.

Effective at the opening on Friday, April 11, 2014, the common shares of Kestrel Gold Inc. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mining' company.

Post - Consolidation
Capitalization: Unlimited shares with no par value of which
11,095,842 shares are issued and outstanding
Escrow: Nil shares

Transfer Agent: Computershare
Trading Symbol: KGC (UNCHANGED)
CUSIP Number: 500861208 (new)
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