ADZ.V · 2017-12-04 12:00:00

Adamera Minerals Announces Non-Brokered Financing

Financings

TSX Venture Exchange: ADZ

News Release: 17-24

Not for dissemination in the United States or through U.S. newswires

Vancouver, British Columbia, December 4 , 201 7 – Adamera Minerals Corp. (TSX -V:ADZ)

announces a non -brokered private placement of up to 5 million units at a price of $0.10 per unit for

aggregate gross proceeds of up to $5 00,000. Each unit will consist of one common share and one non -

transferable warrant, with each warrant entitling the holder to purchase one common share at a price of

$0.20 for a period of 1 year following the closing date. The warrants are subject to an accelerated expiry

date, which comes into effect when the price of the Company's c ommon shares on the TSX Venture

Exchange closes at a price of $0.30 or more per share during any ten consecutive trading day period,

commencing four months plus one day after the date of issuance of the warrants. In such an event, the

expiry date will be a ccelerated to a date that is 30 days after the Company’s shares trade for ten

consecutive days at or above $0.30.

The securities issued pursuant to the private placement will be subject to a four month hold period from

the closing date. The Company may pay a finders' fee in connection with the private placement, subject to

compliance with the policies of the Exchange. Completion of the private placement and the payment of

any finders' fee remain subject to the receipt of all necessary regulatory approvals, including the approval

of the Exchange.

The proceeds of the private placement will be used for exploration and development of the Company's

mineral properties, as well as for general working capital

Adamera Minerals Corp. is exploring for high -grade gold deposits within hauling distance of the

operating Kettle River Mill in Northeastern Washington State. The company’s strategy is to fast-track the

discovery to production process by exploring close to a mill in need of ore. Adamera is exploring several

projects with a goal to become the dominant mining/exploration company in the area through discovery.

On behalf of the Board of Directors,

Mark Kolebaba

President & CEO

For additional information please contact:

Tel: (604) 689-2010

Fax: (604) 484-7143

Website: www.Adamera.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy

of this release. Statements in this press release, other than purely historical information, including statements

relating to the Company’s future plans and objectives or expected results, may include forward-looking statements. Forward-

looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource

exploration and development. As a result, actual results may vary materially from those described in the forward-looking

statements.