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BTU.V ·

BTU Confirms High-Grade GOLD Samples ON Irish Property

Corporate Updates

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

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

BTU CONFIRMS HIGH-GRADE GOLD SAMPLES ON IRISH PROPERTY

July 27th, 2017, Vancouver, BC, Canada – BTU CAPITAL CORP. (“BTU” or the “Company”) (BTU-TSX:V)

is pleased to report the results of its recent due diligence site visit to the companies Galway Gold Property located

in County Galway, Republic of Ireland.

As part of the company due diligence program, several areas located on the Galway Property which have returned

high-grade gold values were visited and five representative grab samples were collected. Th e areas sampled

included two sites in the Lee Valley and three sites on the Dooros peninsula. Sample results are shown in the

following table:

Location Au ppm

Au g/t Ag ppm Cu ppm Pb ppm

Lee 49.6 49.6 100 967 12.30%

Lee 7.25 7.25 9.4 112 931

Dooros 0.05 - 0.5 406 182

Dooros 0.02 - 0.5 977 13

Dooros 26.3 26.3 47.4 3.73% 5

The company is targeting orogenic and low-sulphidation mineralization based on the following factors:

 Location within the Caledonian (Lower Paleozoic) orogenic zone.

 Favourable lithologies for metal precipitation (chemical traps) within the Dalradian Supergroup

metasediments, e.g., graphitic schist, marble.

 Favourable source rocks for gold, e.g., arc volcanics and numerous cross -cutting faults, evidence for

post-collision rifting and volcanism in the Silurian/Devonian in Ireland and neighbouring terranes.

 Known gold occurrences related to late cross-cutting fault structures, some of which show evidence for

near-surface boiling, e.g., Bohaun Gold occurrence.

About the Lee Occurrence

The Lee occurrence lies within P rospecting Licence 2295 and is located 10km west of the Bohaun epithermal

gold occurrence. A series of mineralized boulders were discovered by Ovoca Gold Exploration in the late 1980s.

These boulders returned values of up to 195 g/t Au and 240 g/t Ag. Deep overburden sampling outlined a 1km

long, NW trending le ad-zinc-arsenic-silver-gold anomaly. Subsequent trenching located a tectonic breccia

containing sulphides and gold values up to 12 g/t. The mineralized breccia is associated with a lamprophyre dyke

intruded along a pre-existing shear zone (Ovoca Gold Exploration PLC, 1988).

Additionally, Ovoca identified a second separate hydrothermal system on PL2295. In this system, gold values

are associated with quartz porphyry intrusions in Dalradian rocks. Outcrop sampling of an exposed fault system

yielded gold va lues between 3 and 5 g/t Au . Float samples of comparable material assayed up to 24.5 g/t Au

(Ovoca Gold Exploration PLC, 1987).

About the Dooros Occurrence

The Dooros occurrence lies within Prospecting Licence 3145 and gold is reported from massive pyrrhotite

mineralization hosted in an amphibolite unit. An historical sample taken from this area assayed by Anglo United

Development Ltd. returned 1.3 g/t Au. Ennex reported the discovery of a 3000’ long zone containing anomalous

gold values. Trenching has identified seven bedrock copper -gold occurrences, with the best historical showing

having a strike length of 120’ averaging 1.1% copper and 0.20 ounces gold per short ton. Historical trench

samples include:

 1.7 metres of 11.2 g/t Au

 1.2 metres of 7.12 g/t Au

 2.7 metres of 12.6 g/t Au

 4.2 metres of 6.2 g/t Au

(Source - Irish Base Metals / Aquatine Mining Data).

Five of the occurrences were tested by drilling and all holes intersected mineralization including 15.0 feet of 0.17

ounces gold per short ton (Aurum Mineral Resources Limited 2009, Exploration Work Report PL3145).

The five grab samples collected by BTU were assayed by ALS Minerals Laboratories located in Loughrea, Co.

Galway Ireland, ALS Loughrea is an accredited laboratory. All samples underwent a 33 element four acid ICP-

AES analysis.

Michael England, President of BTU Capital Corp. states: “The continued delivery of high grade gold samples is

fully consistent with our interpretation of the Galway Project and strengthens our intention to carry out an

aggressive work program which will begin in September of 2017 . The work program will include ground

geophysics, geological sampling and mapping, and trenching.

Derrick Strickland, P. Geo, a director of BTU, is a qualified person as defined by National Instrument 43-101 and

is responsible for reviewing and approving the technical contents of this press release.

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 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 cause 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).