Confederation Minerals Ltd. Grants Stock Options

Suite 1980, 1075 West Georgia Street, Vancouver, British Columbia, V6E 3C9 Tel: 604 688 9588; Fax: 778 329 9361

March 29, 2018 TSX-V Symbol: CFM

Confederation Minerals Ltd. Grants Stock Options

Vancouver, British Columbia, Canada, Confederation Minerals Ltd. (TSX-V: CFM) (“Confederation” or the “Company”) reports that it has granted incentive stock options, exercisable to purchase up to an aggregate of 1,050,000 shares of the Company, to directors and consultants of the Company pursuant to the Company’s stock option plan (the “Plan”). The options are all exercisable at the price of $0.40 per share until March 29, 2023, subject to any earlier termination in accordance with the Plan. The grant of options is subject to regulatory approval.

On behalf of the Board of Directors,

Confederation Minerals Ltd.

“David Velisek”

David Velisek CEO & Director

CORPORATE INQUIRIES Confederation Minerals Ltd.

Suite 1980, 1075 West Georgia Street Vancouver, B.C.

604.688.9588 [email protected] www.confederationmineralsltd.com

About CFM

Confederation Minerals Ltd. is a British Columbia based company engaged in the business of acquisition, exploration and development of mineral properties. Its objective is to locate and develop economic precious and base metals properties of merit. Confederation Minerals Ltd. owns 70% of the Newman Todd project in the Red Lake Mining District of Northern Ontario, as well as 100% ownership in another property in the Red Lake Mining District of Ontario.

Neither 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.