Stem 7 Capital Announces Increase to Private Placement

NEWS RELEASE

Stem 7 Capital Announces Increase to Private Placement

May 2, 2017 – Vancouver, B.C. - Stem 7 Capital Inc. (the “Company”) (TSXV-STS.H) is pleased to announce that due to increased demand, it has increased the amount of its previously announced nonbrokered private placement offering from $375,000 to $425,000. Under the increased offering, the Company may issue up to 8,500,000 units at a price of $0.05 per unit. Each unit is comprised of one common share and one share purchase warrant exercisable at $0.10 per share for a period of 12 months from the closing date of the private placement.

All securities issuable pursuant to the private placement will be subject to a four month hold from the closing date, in accordance with applicable securities laws.

The Company intends to use the proceeds of the private placement for general working capital purposes.

Completion of the private placement is subject to the approval of the TSX Venture Exchange.

On behalf of the Board

Dave McMillan Chairman & CEO

For additional information, please contact:

Dave McMillan Chairman & CEO Tel: 1-778-773-4560 Email: [email protected]

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