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AORO.V ·

Aloro Announces Appointment of New Director and Grant of Stock Options

Management Changes Share Capital & Compensation

Suite 1085, 555 Burrard Street Tel: 604-689-5722

PO Box 201 Fax: 604-685-9182

Vancouver, BC, Canada, V7X 1M8

News Release

April 3, 2018 TSX.V Symbol: AORO

Frankfurt Symbol: 4LP

_____________________________________________________________________________________

ALORO ANNOUNCES APPOINTMENT OF NEW DIRECTOR

AND GRANT OF STOCK OPTIONS

ALORO MINING CORP. (the “Company”) is pleased to announce that, effective April 2, 2018,

it has appointed James Carter to the board of directors and as a member of the audit committee

of the Company.

Mr. Carter is a Chartered Professional Accountant with over 45 years’ experience in both the private

and public business sectors, and was Vice President of a NYSE listed company focused on merchant

banking activities from 1998 to 2017. He specia lized in conducting corporate evaluations, due

diligence reviews, analysis and related negotiations for corporate acquisitions, as well as designing,

negotiating, managing and implementing corporate and debt restructurings and risk management

programs.

He was based in Europe from 1998 to 2005, and has extensive domestic and international experience

encompassing both North American and European capital markets with particular expertise gained

in emerging markets and the natural resources sector.

During his career, he has served as an officer an d director of a number of private and publicly

traded companies in various industries in both North America and Europe.

The Company also announces that, pursuant to it s stock option incentive plan, it has granted

stock options to James Carter to purchase 20 0,000 common shares of the Company at an

exercise price of $0.10 per share for a period of five years.

ALORO MINING CORP.

Per: “Thomas A. Doyle”

Thomas A. Doyle

President & CEO

www.aloromining.com

For further information, please contact:

Thomas A. Doyle

Logan Anderson

Phone: (604) 689- 5722

Email: [email protected]

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.