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New Point Exploration Provides Clarification and Update ON Consulting Agreements

Regulatory & Compliance

newpointexploration. com

CSE: NP / OTC: NPEZF / FSE: 4NP

Suite 310 – 221 West Esplanade, North Vancouver, BC, V7M 3J3 1

NEWS RELEASE

NEW POINT EXPLORATION PROVIDES CLARIFICATION

AND UPDATE ON CONSULTING AGREEMENTS

VANCOUVER—February 12, 2019— New Point Exploration Corp. (CSE: NP / OTC: NPEZF / FSE: 4NP)

(“New Point ” or the “Company”) is issuing the following news release to provide an update and

clarification on the previously announced consulting contracts engaged by prior management . The

Company has decided to continue to work with each consultant until expiry of their contract as they were

stated “ non-refundable” and, therefore, the Company has deemed there remains value in each

consultant’s expertise and abilities until the term of their contract ends.

Through these consultants, the Company has covered key areas in operations and assured expertise in

the following areas:

• Property introductions;

• Financial analysis and advice with respect to any merger;

• Joint venture, acquisition, substantial asset purchase or sale;

• Introduction to corporate development opportunities;

• Communications and market awareness services aimed at maintaining and building the profile of

New Point among existing and potential shareholders; arrangement of independent third party

research articles;

• Featuring the Company on Alphastox and preparing a full report introducing New Point to

Alphastox subscribers;

• Handling and assisting with online web presence;

• Establishing and maintaining online advertising platform;

• Expertise and advice with regards to investor trade shows and conferences;

• Publishing commentary on the overall industry in which New Point operates and why investors

need to get excited about New Point;

• Circulation of biweekly updates about New Point; and

• Distributing relevant information to New Point's shareholders from time to time.

“Having these areas of expertise secured for the future of New Point is assuring, that we will be able to

grow this company in a significant fashion. Further, these consultants will be seeking to extend the term

of their contracts (at no cost to the Company) due to the trading halt ensuring the Company will continue

to get full value out of each consultant,” said David Greenway, President & CEO.

newpointexploration. com

CSE: NP / OTC: NPEZF / FSE: 4NP

Suite 310 – 221 West Esplanade, North Vancouver, BC, V7M 3J3 2

About New Point Exploration Corp.

New Point (CSE: NP / OTC: NPEZF / FSE: 4NP) is engaged in the business of acquiring, exploring and

developing mineral properties related to the growing battery industry. Focused on high grade, prospective

properties in North America, New Point is building a portfolio that includes lithium, cobalt and copper

projects in prospective, mining-friendly jurisdictions. New Point, A Next Generation Metals Company.

On Behalf of the Board of New Point Exploration Corp.

“David Greenway”

Chief Executive Officer

Corporate Office

310-221 West Esplanade

North Vancouver, BC

V7M 3J3

For further information, please contact:

E: [email protected]

P: (604) 318-0114

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the

Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements based on assumptions and judgments of management

regarding future events or results. Such statements are subject to a variety of risks and uncertainties, which could

cause actual events or results to differ materially from those reflected in the forward- looking statements. The

Company disclaims any intention or obligation to revise or update such statements.