C$1,440,000 UNIT FINANCING Michael Carr, Director of Bitterroot Resources Ltd. ( “Bitterroot” or the “Company”, symbol BTT, TSX-V) announces that the Company has agreed to issue 8,000,000 units priced at C$0.18, for gross proceeds of C$1, 440,000 in a non -brokered private placement . Each unit cons

BITTERROOT RESOURCES LTD.

Suite 206-B, 1571 Bellevue Avenue, West Vancouver, BC, V7V 1A6

tel 604 922 1351, fax 604 922 8049

www.bitterrootresources.com

NEWS RELEASE

January 25, 2017

C$1,440,000 UNIT FINANCING

Michael Carr, Director of Bitterroot Resources Ltd. ( “Bitterroot” or the “Company”, symbol

BTT, TSX-V) announces that the Company has agreed to issue 8,000,000 units priced at C$0.18,

for gross proceeds of C$1, 440,000 in a non -brokered private placement . Each unit consist s of

one common share and one half of a common share purchase warrant. Each full warrant will be

exercisable at C$0.30 for a period of 24 months. The proceeds will be used to fund exploration

and acquisition costs on the Company’s recently-acquired Hackberry silver pro ject and for

working capital. A finders' fee of 6 per cent cash and 6 per cent share purchase warrants (broker

warrants), exercisable on the same terms as the private placement warrants, will be paid to third

party finders.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael S. Carr

Director

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX

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

FORWARD LOOKING STATEMENTS: This document contains statements about expected or anticipated future

events and/or financial results that are forward -looking in nature and as a result, are subject to certain risks and

uncertainties, such as general economic, market and business conditions, regulatory processes and actions, technical

issues, new legislation, competitive conditions, the uncertainties resulting from potential delays or changes in plans,

the occurrence of unexpected events and the company’s ability to execute and implement its future plans. Actual

results may differ materially from those projected b y management. For such statements, we claim the safe harbour

for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995.