NEW DIRECTOR Vancouver, B.C.: Prime Meridian Resources Corp. (“Prime” or the “Company”) (TSXV

March 2, 2016 News Release TSX-V Symbol: PMR

NEW DIRECTOR

Vancouver, B.C.: Prime Meridian Resources Corp. (“Prime” or the “Company”) (TSXV Symbol: PMR) is pleased to announce the appointment of Ed Low as the Chief Financial Officer for the Company. Mr. Low has provided accounting services to public companies for the past 18 years and has been the CFO for several companies traded on the TSX Venture exchange. Previously, Mr. Low was the Controller for Nevada Geothermal Power Inc., an alternative energy company with an operating geothermal power plant in northern Nevada which had revenues of US$20-million annually, and raised over $280 million over an 8-year period 2003-2012.

The Company further announces that Gregory Pearson has been appointed as a Director of the Company and the Vice President of Corporate Development. Mr. Pearson has been a partner in Nexvu Capital Corp. since 2002 and has over 30 years of experience in the private and public sector capital markets.

The Company also announces the resignations of Annie Storey, former CFO and Chantal Schutz as Directors of the Company and would like to thank both for their service in helping the Company through its management transition and re-organization over the past two years.

On behalf of the Board of Directors of Prime Meridian Resources Corp.

"Brian Leeners"

Brian Leeners, CEO & Director

For further information, please refer to our website www.primemeridianres.com or contact:

Prime Meridian Resources Corp.

TEL: 604-893-8384 Email: [email protected]

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.