Decade Extends Previously Announced Non-Brokered Private Placement of Flow-Through Units

BWL\426501\PP 2018 09-FTU\4319B

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DECADE RESOURCES LTD.

611 - 8th Street

Stewart, British Columbia, V0T 1W0

Telephone: (250) 636-2264 Fax: (250) 636-2265

NEWS RELEASE

October 16, 2018 TSX-V: DEC

Decade Extends Previously Announced Non-Brokered Private Placement of Flow-Through Units

Stewart, BC – Decade Resources Ltd. (the “Company”) reports that, further to a previously announced

non-brokered private placement of flow -through units at a price of $0. 065 per unit to raise up to

$650,000, the first tranche of which closed on September 18, 2018, it is extending the private placement

for a further thirty days. Each unit consists of one flow-through common share of the Company and one

transferable non -flow-through common share purchase warrant. Each w arrant entitles the holder to

purchase, for a period of 24 months, one additional common share of the Company, at a price of $0.08

per share.

BY ORDER OF THE BOARD OF DIRECTORS OF

DECADE RESOURCES LTD

"Randolph Kasum"

Randolph Kasum

Director

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 release.

This news rel ease may co ntain forward –looking information . Forward -looking information addresses future events and conditions and

therefore involves inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.