Roughrider Announces Option Termination

Roughrider Announces Option Termination

VANCOUVER, BC / ACCESSWIRE / May 4, 2018 / Roughrider Exploration Limited (TSX-V:

REL) ("Roughrider" or the "Company") - reports that it has terminated the option agreement for the

Iron Butte property located in Nevada, USA (see news release dated June 22, 2017 for details of the

agreement).

The Company will continue to develop exploration strategies and evaluate other potential business

ventures with a view to maximizing shareholder value.

About Roughrider Exploration Limited

Roughrider and its partner Kivalliq Energy are exploring the Genesis uranium project located in the

Wollaston-Mudjatik geological trend extending northeast from Saskatchewan's Athabasca Basin. In

addition, Roughrider has now added the Silver Ace and Sterling projects in central British Columbia.

For further information, please contact:

Scott Gibson

Chief Executive Officer

604-697‐ 0028

Neither 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 release.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Certain information contained or incorporated by reference in this press release, including any

information as to our strategy, projects, plans or future financial or operating performance, constitutes

"forward-looking statements." All statements, other than statements of historical fact, are to be

considered forward-looking statements. Forward-looking statements are necessarily based on a number

of estimates and assumptions that, while considered reasonable by the company, are inherently subject to

significant business, economic, geological and competitive uncertainties and contingencies. Although the

Company believes the expectations expressed in such forward-looking statements are based on

reasonable assumptions, such statements are not guarantees of future performance. Known and unknown

factors could cause actual results to differ materially from those projected in the forward-looking

statements. Such factors include but are not limited to: fluctuations in market prices, exploration and

exploitation successes, continued availability of capital and financing, changes in national and local

government legislation, taxation, controls, regulations, expropriation or nationalization of property and

general political, economic, market or business conditions. Many of these uncertainties and contingencies

can affect our actual results and could cause actual results to differ materially from those expressed or

implied in any forward-looking statements made by, or on behalf of, us. Readers are cautioned that

forward-looking statements are not guarantees of future performance and, therefore, readers are advised

to rely on their own evaluation of such uncertainties. All of the forward-looking statements made in this

press release, or incorporated by reference, are qualified by these cautionary statements. We do not

assume any obligation to update any forward-looking statements.

SOURCE: Roughrider Exploration Limited