Canoe Mining Evaluating New Opportunities

Canoe Mining Evaluating New Opportunities

Oakville, Ontario, December 18, 2017 - Canoe Mining Ventures Corp. (TSXV: CLV) ("Canoe")

wishes to disclose that it will be evaluating possible investment and business opportunities in

various sectors, including but not limited to: mining, cannabis and blockchain technology.

While no decisions have been made, Canoe has an obligation to its shareholders to investigate

all opportunities being presented to management that would enhance shareholder value. As

such, Canoe will continue to disclose relevant and timely information as it becomes available.

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,

Duane Parnham, President and CEO

For further information, please contact:

Canoe Mining Ventures Corp.

Duane Parnham

Tel: 1.289-837-0101

Email: [email protected]

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 statements 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 th ose anticipated in such statements. Important factors that could cause actual

results to differ materially from Canoe’s plans or expectations include risks relating to the actual results

of current exploration activities, fluctuating gold prices, possibili ty of equipment breakdowns and

delays, exploration cost overruns, availability of capital and financing, general economic, market or

business conditions, regulatory changes, timeliness of government or regulatory approvals and other

risks detailed herein a nd from time to time in the filings made by Canoe with securities regulators.

Canoe expressly disclaims any intention 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.