Resolve Ventures Closes Debt Settlement Transaction

700-838 W Hastings Street, Vancouver, BC, V6C 0A6

Telephone: (604) 644-6794

For Immediate Release

Trading Symbol: RSV – TSX-V

RESOLVE VENTURES CLOSES DEBT SETTLEMENT TRANSACTION

VANCOUVER, BRITISH COLUMBIA – DECEMBER 17 , 2018 – Resolve Ventures Inc. (TSX -V: RSV)

(the “Company”) is pleased to announce that, pursuant to its news release issued September 27,

2018, the Company has received TSX Venture Exchange (“Exchange”) approval on its debt settlement

transaction.

The Company h as allotted and issued an aggregate of 3,616,585 units (each a “ Unit”) and 1,349,998

common shares (each, a “Share”), both at a deemed price of $0.07 per Unit or Share, to settle a total

indebtedness of $347,661.15 (the "Transaction”).

Each Unit consists of one common share of the Company and one non-transferable share purchase

warrant (a “Warrant”). Each Warrant shall be exercisable to acquire one additional common share of

the Company (a “Warrant Share”) for a period of five years at a price of $0.09 per Warrant Share.

The Company determined to satisfy this outstanding indebtedness with Units and Shares to preserve

its cash for operations.

4,016,585 common shares are subject to Surplus E scrow over a three year term, pursuant to

Exchange policies. All securities issued pursuant to the Transaction are subject to four -month and

one-day hold period.

About the Company

Resolve is a Vancouver based publicly listed exploration company trading on the TSX Venture

Exchange. The company is led by a highly skilled management and technical team with numerous

previous successes in the junior mining sector.

For further information on the Company, visit www.resolveventures.com or call (604) 644-6794.

ON BEHALF OF THE BOARD

Clive Massey, President

(604) 644-6794

Neither TSX Venture Exchange nor their 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.

This press release contains "forward-looking information" that is based on the Company’s current expectations, estimates, forecasts and

projections. This forward- looking information includes, among other things, statements with respect to the Company’s exploration and

development plans. The words "will", "anticipated", "plans" or other similar words and phrases are intended to identify forward-looking

information. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the

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Company’s actual results, level of activity, performance or achievements to be mate rially different from those expressed or implied by

such forward-looking information. Such factors include, but are not limited to: uncertainties related exploration and development; the

ability to raise sufficient capital to fund exploration and developme nt; changes in economic conditions or financial markets; increases in

input costs; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; t echnological or

operational difficulties or inability to obta in permits encountered in connection with exploration activities; and labour relations matters.

This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered

carefully and readers s hould not place undue reliance on such forward-looking information. The Company disclaims any intention or

obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.