Allante Terminates Qualifying Transaction

Suite 303, 595 Howe Street

Allante Resources Ltd.

Vancouver, B.C. V6C 2T5

Phone : (604) 336-8616 Fax : (604) 718-2808

N E W S R E L E A S E

Allante Terminates Qualifying Transaction

Vancouver, B.C., September 30, 2014 – Allante Resources Ltd. (TSX-V: ALL.H) (the "Company"), a Vancouver-based Capital Pool Company listed on the NEX board of the TSX Venture Exchange announces that the results of the assays on the Malinga Property indicated lower than expected mineralization, and accordingly Allante Resources Inc. and the Company have elected to terminate their Share Exchange Agreement (refer to News Release May 15/14).

Accordingly, the Qualifying Transaction that was the subject of the Company’s Filing Statement posted on SEDAR on March 28, 2014 has been withdrawn, and the Company will be seeking a new Qualifying Transaction.

ON BEHALF OF THE BOARD

SIGNED: “Joe DeVries”

Joe DeVries, President and CEO Contact: (604) 336-8616

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.