Canoe Director Durham Retires

CANOE DIRECTOR DURHAM RETIRES

Oakville, Ontario, January 4, 2018 - Canoe Mining Ventures Corp. (TSXV: CLV)

(“Canoe”) announces effective immediately, Mr. Bruce Durham has retired as

Independent Director opening his seat for a future appointment. Canoe’s board of

directors would like to thank Mr. Durham for his involvement at Canoe and they wish

him every success in his future endeavors.

Additional information and corporate documents may be found on www.sedar.com and

on the Canoe Mining website: www.canoemining.ca.

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 news release.

On Behalf of the Board of Directors of Canoe Mining,

Duane Parnham, President and CEO

Contact Information

Canoe Mining Ventures Corp.

277 Lakeshore Road East, Suite 403

Oakville, Ontario - L6J 6J3

Tel: 1.289.837.0101