May 1, 2019
Renaissance Gold Closes Private Placement by Altius Minerals

Renaissance Gold Inc. (TSX.V:REN / OTCQB:RNSGF) (“RenGold”) is pleased to announce that Altius  Minerals Corporation (TSX:ALS) (“Altius”) has completed its investment in the Company of $1,429,054 by way of a non-brokered private placement through the issuance of 5,716,216 units at a price of $0.25 per  unit (a “Unit”) as announced on April 24, 2019. All securities issued and issuable are subject to a hold  period in Canada expiring on September 1, 2019. 

Robert Felder, President and CEO states “We are very pleased to have Altius’ support and welcome them as a more significant shareholder. We have had a long-term and productive association with the Altius  team, including past alliances which generated project royalties for Altius on our Silicon and Jupiter  projects. We see their meaningful support of our company as a vote of confidence in our technical and  business capabilities, and our strong commitment to creating shareholder value through discovery. The  financing will provide additional funding for our 2019/2020 generative exploration programs.” 

Chad Wells, Vice President Business Development of Altius commented “It’s a genuine pleasure to  increase our shareholding in RenGold as we view Bob and his group as one of the preeminent project  generators in the mineral business today. Altius also has notable royalty exposure to projects generated by  RenGold from past alliances, including potential discoveries like Silicon.” 

Prior to completion of the private placement Altius owned 1,083,784 common shares of RenGold  representing 1.7%. After completion of the private placement Altius owns 6,800,000 common shares of  RenGold representing 9.9%. If Altius exercise all of its Warrants, then Altius would own and control an  aggregate of 12,516,216 common shares of RenGold representing an ownership interest of approximately  16.9% (post-issuance). 

Altius purchased the Units for investment purposes. Depending on market conditions and other factors,  Altius may from time to time acquire and/or dispose of securities of RenGold or continue to hold its current  position. 

About Renaissance Gold Inc.

Renaissance Gold Inc. is a western US focused prospect generator utilizing a joint venture business model.  RenGold applies the extensive exploration experience and high-end technical skills of its founders and team  members to search for and acquire high quality precious metal exploration projects that are then offered for  joint venture to industry partners who provide exploration funding. RenGold maintains a large portfolio of  gold and silver exploration properties and has entered into over 70 exploration agreements including those  as its predecessor, AuEx Ventures Inc., and those from Kinetic Gold. RenGold’s objective is to place its  projects into exploration agreements, testing as many drill targets as possible and providing maximum  exposure to success through discovery.  

About Altius Minerals Corporation 

Altius directly and indirectly holds diversified royalties and streams which generate revenue from 15  operating mines. These producing royalties are located in Canada and Brazil and provide exposure to  copper, zinc, nickel, cobalt, iron ore, potash, thermal (electrical) and metallurgical coal. The portfolio also  includes development stage royalties in copper and renewable energy and numerous predevelopment stage 

royalties covering a wide spectrum of mineral commodities and jurisdictions. Altius also holds a portfolio  of junior equities that were generated from vending exploration projects to industry partners in exchange  for minority equity interests and new royalties. 

THIS NEWS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION  OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF ANY OF THE SECURITIES  IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE  UNLAWFUL, INCLUDING ANY OF THE SECURITIES IN THE UNITED STATES OF AMERICA.  THE SECURITIES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED  STATES SECURITIES ACT OF 1933 (THE “1933 ACT”) OR ANY STATE SECURITIES LAWS  AND MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO, OR FOR  ACCOUNT OR BENEFIT OF, U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE  1933 ACT) UNLESS REGISTERED UNDER THE 1933 ACT AND APPLICABLE STATE  SECURITIES LAWS, OR AN EXEMPTION FROM SUCH REGISTRATION REQUIREMENTS IS  AVAILABLE. 

By: Robert Felder, President & CEO 

For further information, contact: 

Robert Felder 775-337-1545 or bfelder@rengold.com 

Ronald Parratt 775-337-1545 or rparratt@rengold.com 

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. 

This news release contains certain statements that may be deemed “forward-looking” statements. Forward  looking statements are statements that are not historical facts and are generally, but not always, identified  by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”,  “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or  “should” occur. Although Renaissance Gold Inc. believes the expectations expressed in such forward 

looking statements are based on reasonable assumptions, such statements are not guarantees of future  performance and actual results may differ materially from those in forward looking statements. Forward  looking statements are based on the beliefs, estimates and opinions of Renaissance Gold Inc’s management 

on the date the statements are made. Except as required by law, Renaissance Gold Inc. undertakes no  obligation to update these forward-looking statements in the event that management’s beliefs, estimates or  opinions, or other factors, should change.