Gem International Resources Inc. Announces Increase in Private Placement Offering

3467 Commercial Street, Vancouver, B.C. V5N 4E8 Telephone: (604) 871- 9916 / Facsimile: (604) 871-9926

May 12, 2016 Symbol: GI News Release

GEM INTERNATIONAL RESOURCES INC. ANNOUNCES INCREASE IN PRIVATE PLACEMENT OFFERING

May 12, 2016 — Further to its news release of March 29, 2016, Gem International Resources Inc. announces that it is increasing its offering from $800,000 to an offering of up to $1,225,000 for the sale of up to 24.5 million units at a price of five cents per unit. Each unit will consist of one common share and one non-transferable share purchase warrant for the purchase of one further common share of the company within two years of the date of grant at the price of 15 cents per such common share. Finders' fees shall be payable in cash. A portion of the net proceeds ($300,000 (U.S.)) shall be used for a non-refundable deposit used by Global Gems for the establishment of office, staff and geologist infrastructure. The balance of the funds shall be used for National Instrument 43-101 report writing fees, research fees, legal fees for supporting legal opinions, audit fees and travelling expenses for corporate travel to raise balance financing to finance the first phase of work estimated at $1.95-million (U.S.), as well as to provide unallocated working capital. The Company intends to seek regulatory approval for a first tranche closing of approximately $800,000 shortly.

On behalf of the Board of

GEM INTERNATIONAL RESOURCES INC.

Per:

“Simon Tam”

Simon Tam, Director

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