BTU ACQUIRES DIXIE HALO PROPERTY CONTIGUOUS TO GREAT BEAR’S DIXIE PROJECT, RED LAKE DISTRICT, CANADA August 24 th, 2018, 2017, Vancouver, BC, Canada – BTU METALS CORP. (“BTU” or the “Company”) (BTU -

Suite 1240, 789 West Pender St. Vancouver, British Columbia

Phone: 604-683-3995/ Toll Free: 888-945-4770/Fax: 604-683-3988

BTU ACQUIRES DIXIE HALO PROPERTY CONTIGUOUS TO GREAT BEAR’S

DIXIE PROJECT, RED LAKE DISTRICT, CANADA

August 24 th, 2018, 2017, Vancouver, BC, Canada – BTU METALS CORP. (“BTU” or the “Company”) (BTU -

TSX:V) pleased to announce that the Company has acquired 10 claims comprising 85 units (1,514 hectares )

adjoining the northern and eastern boundaries of Great Bear Resources Corp.’s (G BR – TSX:V) Dixie Project

located in the Red Lake District of Ontario. Great Bear recently reported a high -grade discovery in drill core

assaying 16.35 meters of 26.91 g/t gold and 7 meters of 44.47 g/t gold in two holes on the “Hinge Zone” at the

Great Bear’s Dixie Project (see PR dated August 22, 2018).

The Dixie Halo property wraps around the north-eastern and eastern portions of the Great Bear’s Dixie Project. The

northwestern portion of the Dixie Halo property is approximately 2.3 kilometers northeast of Great Bear’s “North

West Step-Out” target and approximately 4.5 kilometers northeast of the “Hinge Zone”. Portions of the Dixie Halo

property were actively explored as recently as 2008 (Trueclaim Resources Inc. -Assessment Report # 20006619)

with two dr ill holes located within 250 meters of the Dixie Halo property boundary. A complete review of the

assessment files will be initiated immediately.

BTU president Mike England states: "We are pleased to acquire this strategic property around an exciting new gold

discovery in an established mining district. The Company’s management and consultants have extensive experience

in this area of Ontario and this type of gold system. That, along with excellent logistics, will allow the Company to

fast-track this property to the drill stage. "

Portions of the Dixie Halo property cover the contact between intrusive rocks and metavolcanics marked by regional

magnetic geophysical trends. The property has excellent logistics and is cut by Ontario provincial highway 10 5.

Topography is subtle, with extensive overburden cover. Mobile Metal Ion (MMI) geochemistry was completed in

2008 with anomalous zinc located just south of the Dixie Halo property.

The Company is acquiring a 100% interest in the claims comprising the Dix ie Halo property from arms -length a

party through payments of $85,000 CAD in cash, and the share issuance of 750,000 shares, over a four (4) year

period. The vendor retains a 1.5 % Net Smelter Royalty (“NSR”), half of which is purchasable by BTU for $500,000

at any time.

The technical contents of this release were approved by Case Lewis, P.Geo, a Qualified Person as defined by

National Instrument 43-101. The Property has not yet been the subject of a National Instrument 43-101 report.

About BTU Metals Corp

BTU Metals is a Canadian -based junior exploration company focused on developing its Galway Gold project

located in Ireland and the Shakespeare Gold project in Ontario. For more information on BTU Metals Corp. please

visit our website located at www.btumetals.com.

ON BEHALF OF THE BOARD

“Paul Wood”

Paul Wood, CEO, Director

FOR FURTHER INFORMATION, PLEASE CONTACT:

Telephone: 1-604-683-3995

Toll Free: 1-888-945-4770

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

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

FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future

performance and reflect management’s current expectations and assumptions. Such forward -looking statements reflect management’s

current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that

these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cau se future

results to differ materially from those expected. These forward -looking statements are made as of the date hereof and, except as required

under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or

circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those

made in our filings with SEDAR in Canada (available at WWW.SEDAR.COM).