Ardonblue Announces $150,000 Private Placement

Ardonblue Ventures Inc.

NEWS RELEASE

Ardonblue Announces $150,000 Private Placement

Vancouver, B.C. – June 1, 2016 – Ardonblue Ventures Inc. (the “Company”) (TSX-V: ARB.H) is pleased to announce a planned non-brokered private placement (the “Private Placement”) of up to 3,000,000 units (each a “Unit”) of the Company at the price of $0.05 per Unit to raise gross proceeds of up to $150,000. Each Unit will consist of one common share of the Company (a “Share”) and one common share purchase warrant (a “Warrant”). Each Warrant will be exercisable to purchase one additional Share at the price of $0.05 for a period of 12 months after closing.

The proceeds from the Private Placement will be used to pay debts and for general working capital. No finder’s fees are anticipated to be payable in connection with the proposed financing, which is subject to receipt of all necessary regulatory approval, including acceptance by the TSX Venture Exchange (the “TSXV”). All Shares issued pursuant to the Private Placement and any Shares issued pursuant to the exercise of Warrants will be subject to a four-month hold period from the closing date.

The Company also announces with regret the passing of Sean O’Neill, a director of the Company, at the young age of 59 years. Sean will be remembered for his contributions to the Board as well as his easy going, fun loving way and the many great lifelong friendships he had.

On behalf of the Board of Directors

“Clive Brookes”

Clive Brookes CEO, President and Director

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.

Certain disclosure in this release may constitute forward-looking statements that are subject to numerous risks and uncertainties relating to Ardonblue’s operations that may cause future results to differ materially from those expressed or implied by those forward-looking statements, including its ability to complete the contemplated private placement. Readers are cautioned not to place undue reliance on these statements. NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR AN INVITATION TO PURCHASE THE SECURITIES DESCRIBED IN IT.

15444 Royal Avenue, White Rock, BC V4B 1N1 Mailing address: PO Box 48838, Bentall Centre Station, Vancouver, BC V7X 1A8 [email protected] Tel: (604) 408-1990 Fax: (604) 608-4822