PRG Precipitate Gold Corp

THIS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES. 


Precipitate Gold Corp. (the "Company" or "Precipitate") (TSX VENTURE:PRG) is
pleased to announce that it has completed a non-brokered private placement of
6,953,333 units of the Company at a price of C$0.15 per unit for gross proceeds
of C$1,043,000 (the "Offering"). 


Each unit consists of one common share and one common share purchase warrant.
Each common share purchase warrant entitles the holder to purchase one
additional common share at a price of C$0.25 per common share until May 26,
2015, subject to the Company's right to accelerate the expiry date of the
warrants if the daily volume weighted average trading price of the common shares
of the Company on the TSX Venture Exchange is equal to or exceeds C$0.50 for a
period of 10 consecutive trading days between September 27, 2014 and May 26,
2015.


No finders' fees were paid in connection with the Offering.

Precipitate will apply the net proceeds of the Offering to future exploration of
the Company's projects in the Dominican Republic and Sonora State, Mexico as
well as general working capital purposes.


All securities issued or issuable under the Offering are subject to a four-month
hold period expiring on September 27, 2014, in addition to such other
restrictions as may apply under applicable securities laws in jurisdictions
outside of Canada. 


Final closing of this Offering is subject to final acceptance by the TSX Venture
Exchange.


About Precipitate Gold: 

Precipitate Gold Corp. is a mineral exploration company focused on exploring and
advancing its mineral property interests in the Tireo Gold Trend of the
Dominican Republic and Sonora State, Mexico. The Company also maintains assets
in northern British Columbia and southeast Yukon Territory and is actively
evaluating additional high-impact property acquisitions with the potential to
expand the Company's portfolio and increase shareholder value.


Additional information can be viewed at the Company's website
www.precipitategold.com. 


On Behalf of the Board of Directors of Precipitate Gold Corp.,

Jeffrey Wilson, President & CEO 

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Precipitate Gold Corp.
Jeffrey Wilson
President & CEO
604-558-0338 / Toll Free: 855-558-0335
investor@precipitategold.com

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