Canyon Gold Corp. Arranges Funding for its Subsidiary 'Defense Technology Corporation' (DTC)

Las Vegas, Nevada -- (Newsfile - November 13, 2015) - Canyon Gold Corp. (OTCQB: CGCC) (The Company), is arranging a non-brokered financing of $300,000 through a European funding group. The financing is based on a convertible note with at 20% discount at time of conversion with a six month restriction. The Company further is granting the funding group an option for an additional financing of $500,000.

The Company plans to use the funding to develop and market the first project of its Subsidiary 'Defence Technology Corporation 'DTC' known as "The Offender Alert Passive Scan™".


Appointment of Michael Breitsemeter to the DTC Advisory Board:

Stephen Studdert, Pres. & CEO of CGCC and Jeffrey Vanalstine, Pres. & CEO of DTC are pleased to announce the appointment of Michael Breitsemeter to the advisory board of DTC. Michael brings a wealth of knowledge in the area of Nano Materials with global applications. Michael's relationship with the company has been ongoing for a number of years. "We are very pleased to formalize the relationship with Michael as we gain momentum through our merger with Canyon Gold", Mr. Vanalstine said.


DTC's ECO FRIENDLY PRODUCTION:

DTC plans to use a range of recycled materials including aluminum and plastics for ECO friendly products. Mr. Vanalstine said, "We expect to beta test series VII ECO units within weeks of receiving production tooling. We believe that we are on target to protect every school child in the country for an estimated 99 cents per child per year, and our products are proudly made in the USA".


THE COMPANY'S SUBSIDIARIES:

DEFENSE TECHNOLOGY CORPORATION, LLC:
http://www.defensetechnologycorporation.com

DTC was formed in 2007 to bring products to market in the areas of personal and collateral protection. DTC will succeed in the markets of personal and collateral protection by creating technology that is unique in design and operation. The company currently has two products in development that will have the potential to change the face of their respective industries.

DTC's business model is based on the hub and spoke system operating in an identified market with a direct connection to decision makers. The markets for the lead product are the 105,000 U.S. public & private schools, colleges and universities. The core customer base is government, specifically federal, state, and regional, together with international replication and future commercial applications.


Long Canyon Gold Resources Corp. 'LCGRC' owns 30 mineral lease claims and has the opportunity to acquire additional claims in the mineral-rich Spruce Ridge area as well as in the similarly mineralized Pequop Mountains of the Long Canyon Trend Area of Nevada. These sections are adjacent to the original discovery acquire by Newmont Mining for 2.3 Billion Dollars and also the site of the planned first open pit mine in the area.

LCGRC continues to seek funding for its phase two development programs on its substantial Gold claims in Elko County Nevada. As gold market valuations improve in the future the Company will proceed with its planned deposit exploration.


On behalf of the Board of Directors

Stephen M. Studdert
President & CEO



Company Contact:

Canyon Gold Corp.
Stephen Studdert, President
1 800 520-9485
Email: cgcc@canyongoldexploration.com



Forward-Looking Statements: 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 Canyon Gold Corp. 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 Canyon Gold Corp.'s management on the date the statements are made. Except as required by law, Canyon Gold Corp. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.