Received by email:

File: PR.EARLY WNG.GPK.docx



CSE. GPK

For Immediate Release



DELTA, B.C., August 17, 2018/Grand Peak Capital Corp. (the "Company" or "Grand Peak") (CSE: GPK) announces that it own
--->s, directly or indirectly, 5,139,000 common shares of Desert Gold Ventures Inc., representing approximately 13.42% of 
--->Desert Gold Ventures Inc.'s non-diluted, issued and outstanding common shares.  The Company also owns, directly or ind
--->irectly, 1,000,000 share purchase warrants of Desert Gold Ventures Inc.  Should the Company exercise its warrants at t
--->his time the Company would then hold approximately 16% of the issued and outstanding shares at of this date.

Grand Peak acquired the securities described in this press release for investment purposes and, in accordance with app
--->licable securities laws, Grand Peak may, from time to time and at any time, acquire additional shares and/or other equ
--->ity, debt or other securities or instruments (collectively, "Securities") of Desert Gold Ventures Inc. in the open mar
--->ket or otherwise, and reserves the right to dispose of any or all of its Securities in the open market or otherwise at
---> any time and from time to time, and to engage in similar transactions with respect to the Securities, the whole depen
--->ding on market conditions, the business and prospects of Desert Gold Ventures Inc. and other relevant factors.

ON BEHALF OF THE BOARD
OF DIRECTORS

Tajinder Johal
Chief Executive Officer
604-357-4725

Certain statements contained in this release may constitute "forward-looking statements" or "forward-looking informati
--->on" (collectively "forward-looking information") as those terms are used in the Private Securities Litigation Reform A
--->ct of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any o
--->f the words "could", "intend", "expect", "believe", "will", "projected", "estimated", "anticipates" and similar expres
--->sions and statements relating to matters that are not historical facts are intended to identify forward-looking inform
--->ation and are based on the Company's current belief or assumptions as to the outcome and timing of such future events.
---> Actual future results may differ materially. In particular, this release contains forward-looking information relatin
--->g to the business of the Company, the Property, financing and certain corporate changes. The forward-looking informati
--->on contained in this release is made as of the date hereof and the Company is not obligated to update or revise any fo
--->rward-looking information, whether as a result of new information, future events or otherwise, except as required by a
--->pplicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not 
--->place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking in
--->formation contained herein.