BTU Capital Corp. Completes Qualifying Transaction

6365911.1

BTU CAPITAL CORP.

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

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

BTU CAPITAL CORP. COMPLETES QUALIFYING TRANSACTION

June 16, 2017, Vancouver, BC, Canada – BTU CAPITAL CORP. ("BTU" or the "Company")

(BTU.H-NEX) is pleased to report that it has completed its qualifying transaction.

As announced in its February 21, 2017 news release, BTU has entered into an option

agreement (the "Option Agreement") with arms-length optionors whereby BTU has been

granted an option to acquire an undivided 100% interest in the "Shakespeare Property" located

approximately three kilometers northeast of Webbwood, Ontario. Additional information

regarding the Shakespeare Property may be found in the Filing Statement, as well as in the

independent NI 43-101 technical report prepared on behalf of the Company by Elizabeth

Ronacher, PhD, P.Geo., and Jenna McKenzie, P.Geo. of Ronacher McKenzie Geoscience.

Pursuant to the Option Agreement, 900,000 common shares have been issued to the optionors.

Additionally, BTU announces that it has comple ted its previously announced private placement

offering of Units and flow through common shares. Under the private placement, BTU issued a

total of 12 million Units (at a price of $0.05 per Unit) and 1.8 million flow through shares (at a

price of $0.10 per share), for aggregate gross proceeds of $780,000. Directors of BTU

subscribed for a total of 1.9 million Units under the private placement. Finder's fee in the

amount of $21,500 were paid to arm's length agents.

Proceeds from the private placement will be used as described in BTU's news release on May

31, 2017, including for the funding of exploration programs on the Shakespeare Property, to

repay arm's length debt, for general and administrative expenses, and to provide working

capital.

ON BEHALF OF THE BOARD

“Michael England”

_________________________________

Michael England, President, 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 Venture Exchange) accepts responsibility for the adequacy or

accuracy of this release.