BTU Closes First Tranche of Financing

METALS CORP.

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

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

BTU CLOSES FIRST TRANCHE OF FINANCING

April 30, 2018, Vancouver, British Columbia - BTU METALS CORP. (“BTU” or the “Company”) (BTU-TSX-V) is

pleased to announce the Company has closed a first tranche of its previously announced non -brokered private

placement (see PR dated April 19th, 2018) issuing 9,007,401 units (the "Units") at a price of $0. 06 per Unit for

aggregate gross proceeds of $540,444.06.

Each Unit is comprised of one common share (a "Share") and one half of one Share purchase warrant (a

"Warrant") of the Company. Each full Warrant will entitle the holder to purchase one Share (a “Warrant Share”)

at a price of $0.10 per Warrant Share for a 24 month period after the Closing Date. The warrants are subject to

an acceleration clause, which states that the issuer will have the right to accelerate the expiry date of the warrants

if, at any time, the average closing price of the shares is equal to or greater than 25 cents for 10 consecutive

trading days. In the event of acceleration, the expiry date will be accelerated to a date that is 30 days after the

issuer issues a news release, announcing that it has elected to exercise this acceleration right. Finders’ fees of

$11,760.00 and 196,000 broker warrants were paid to arm’s length parties. The shares and warrants comprising

the units are subject to a 4 month hold period expiring August 31, 2018.

The Company anticipates closing the second and final tranche of this financing within the coming weeks.

Proceeds raised will be used for general corporate purposes and for advancing the Company’s 16,640 hectare

Galway Gold Project located in County Galway, Republic of Ireland.

For more details regarding th e Galway project please refer to PR dated February 27, 2018 ("New gold and

copper Assays Result In Targeting Two Additional Zones For Drilling o n the County Galway, Ireland

Project").

Michael England, President, 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.