Troymet Completes Sale of McClarty Claims

CAN: 27469297.2

TSXV : TYE

www.TroyMet.com

Troymet Completes Sale of McClarty Claims

May 30, 2018 - Troymet Exploration Corp. (TSXV:TYE) ( “Troymet ”) is pleased to

announce that, further to its May 3, 2018 news rele ase, it has completed the sale (the “ McClarty

Sale ”) to an arm’s length private purchaser (the “ Purchaser ”) of all of its interest in: (i)

Troymet’s 40% interest in 5 mineral claims that are subject to a Joint Venture Agreement among

Hudson Bay Mining and Smelting Co., Limited and Tro ymet dated July 30, 2012; as well as (ii)

Troymet’s 100% interest in 3 mineral claims (collectively, the “ McClarty Claims ”). The

McClarty Claims consist of property located in the McClarty Lake area of northern Manitoba.

The consideration for the McClarty Sale, consisted of the following payments on the closing

date: (i) $100,000 cash paid by the Purchaser to Tr oymet; (ii) the issuance to Troymet of an

aggregate of 2,250,000 common shares of the Purchaser; and (iii) the issuance by Troymet to the

Purchaser of 2,500,000 common shares of Troymet (th e “ Troymet Shares ”) at a deemed price

of $0.01 per Troymet Share. The Troymet Shares issu ed in connection with the McClarty Sale

are subject to a hold period that expires on October 1, 2018.

TROYMET EXPLORATION CORP.

Kieran Downes, Ph.D., P.Geo.

President, CEO & Director

For further information, contact:

Investor Relations

Tel: 250-729-0453

Email: [email protected]

Website: www.troymet.com

Neither the 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 news release.