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Nubian Resources Announces Appointment of Martin Walter as New Chief Executive Officer

Management Changes

Press Release 17-03

NUBIAN RESOURCES ANNOUNCES APPOINTMENT OF MARTIN WALTER AS NEW CHIEF

EXECUTIVE OFFICER

May 25, 2017 – Nubian Resources Ltd. (“Nubian” or the “Company”) (TSX VENTURE: NBR) is

pleased to announce th e appointment of Mr. Martin Walter to the Company ’s Board of Directors

and as its Chief Executive Officer (CEO).

Mr. Walter has over 20 years of operational and international mineral and mine development

experience and joins Nub ian in the capacity of CEO , a Director and as a significant shareholder. He

has worked on numerous mining projects worldwide as a consulting geologist and has held a

number of executive level positions, most recently as the former President and CEO of Treasury

Metals Inc. (TSX: TML), a company now developing the Goliath Gold project in Ontario towards a

production decision . He was the former President and CEO of Forrester Metals Inc., a company

which is currently being acquired by Zinc One (TSX: Z) of Vancouver, and a former Directo r and

Executive Vice President of Aquiline Resources Inc., where he was instrumental in building the

asset base and technical team for that company in Argentina. Mr. Walter holds a degree in geology

from Ballarat University, Australia, as well as an MBA fr om the University of Toronto. Larry

Treadgold, current CEO, will remain a director of the Company

Markus Janser, the Company’s Lead Director comments “We are delighted to have Martin joining

our team as our new CEO . He brings with him a wealth of experience in mine development and an

extensive network within the international mine exploration and development market and will be a

valuable asset to our Company to achieve new targets. We would like to thank Larry Trea dgold for

his many years of contribution to Nubian as CEO. I am especially pleased that Larry will remain o n

our team and we can ga in from his expertise as a metallurgist well versed in the extractive

metallurgy of both base and precious metals.”

To strengthen its current Management Team, Nubian is pleased t o announce it has e ngaged Ashley

Martin in the capacity of its New Business Development Manager. Mr. Ashley Martin has more than

12 years of mining construction and development experience. Most recently Mr . Martin was

Manager of Technic al Services for Guyana Goldfields and heavily involved with advancing the

Aurora Gold project from feasibility and mine development through to eventually mine

commissioning and production. Previously , he was the Senior Project Manager at TSX -listed

Treasury Metals Inc. and Manager of Business Development for Forrester Resources Inc. Mr. Martin

holds a degree in Engineering and Construction from Curtin University, Western Australia.

Larry Treadgold, the Co mpany’s current CEO comments “ With the positive market sentiment for

junior exploration compan ies currently in place, we are pleased to have been able to secure the

expertise of Ashley to help us source and analy se potential new target properties for the Company.

He brings with him an extensive business network, which will greatly benefit Nubian.”

FOR FURTHER INFORMATION PLEASE CONTACT:

Martin Walter

Chief Executive Officer

Nubian Resources Ltd.

Tel: 416-389-5692

Jeannette Durand: [email protected]

Web Page: www.nubianr.com

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 accurac y of this release.

This news release includes forward looking statements that are subject to assumptions, risks and

uncertainties. Statements in this news release which are not purely historical are forward looking statements,

including without limitation any statements concerning the Company's intentions, plans, estimates, beliefs or

expectations regarding the future. Although the Company believes that any such intentions, plans, estimates,

beliefs and expectations in this news release are reasonable, the re can be no assurance that any such

intentions, plans, beliefs and expectations will prove to be accurate. The Company cautions readers that all

forward looking statements, including without limitation those relating to the Company's future operations

and business prospects, are based on assumptions none of which can be assured, and are subject to certain

risks and uncertainties that could cause actual events or results to differ materially from those indicated in

the forward looking statements. Readers ar e advised to rely on their own evaluation of such risks and

uncertainties and should not place undue reliance on forward looking statements. Any forward looking

statements are made as of the date of this news release, and the Company assumes no obligation to update

the forward looking statements, or to update the reasons why actual events or results could or do differ from

those projected in the forward looking statements. The Company assumes no obligations to update any

forward looking statements, whether as a result of new information, future events or otherwise.