Canoe Mining Announces Closing of Non-Brokered Private Placement

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Canoe Mining Ventures Corp.

277 Lakeshore Road East, Suite 403, Oakville, Ontario L6J 6J3

T: 289 837 0101 F: 289 837 1166

www.CanoeMining.CA

Canoe Mining Announces Closing of Non-Brokered Private

Placement

OAKVILLE, ONTARIO ( September 8 , 2017) --- Canoe Mining Ventures Corp. (TSX

VENTURE: CLV) ("Canoe" or the "Company") wishes to announce that further to the

Company’s news release dated September 1, 2017, the Company has closed the non -brokered

private placement financing (the “Private Placement”) and has issued a total of 20,000,000

common shares at a price of $0.05 per share for total gross proceeds of $1,000,000.

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

Canoe website: www.canoemining.ca

On behalf of the Board of Directors of Canoe Mining Ventures Corp.

Duane Parnham, President and CEO

Contact:

Tel: 289-837-0101

Email: [email protected]

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.

Forward Looking Statements

This news release includes certain forward -looking statements or information. All statements

other than statements of historical fact included in this release or other future plans, objectives

or expectations of Canoe are forward -looking statement s that involve various risks and

uncertainties. There can be no assurance that such statements will prove to be accurate and

actual results and future events could differ materially from those anticipated in such statements.

Canoe expressly disclaims any i ntention or obligation to update or revise any forward -looking

statements whether as a result of new information, future events or otherwise except as otherwise

required by applicable securities legislation.