Glacier Lake Cancels All Outstanding Stock Options

Vancouver, B.C. March 22, 2019 – Glacier Lake Resources Inc. TSXV: GLI – (“Glacier” or the “Company”) announces that a total of 122,500 incentive stock options, under its Share Option Plan, which were granted to certain consultants, officers and directors (the “Optionees”) of the Company have been cancelled. The Company received written acceptance from the Optionees for the cancellation. All other outstanding incentive stock options of the Company have now expired in accordance with their terms.

For additional information please feel free to contact:

Saf Dhillon President/CEO Glacier Lake Resources Inc.

Tel:866-687-7059 Dir: 604-688-2922 [email protected]

Please visit our Website at: www.glacierlake.ca

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward- looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

Suite 1588 – Canaccord Financial Tower, 609 Granville Street, Vancouver, BC V7Y 1G5 O: 604-688-2922 TF: 866-687-7059 www.glacierlake.ca