Application to Extend Term of Warrants

918-1030 West Georgia, Vancouver, BC, V6E 2Y3

Telephone: 604-628-5616

MK2 VENTURES LTD.

Application to Extend Term of Warrants

Vancouver, B.C., May 27, 2019

May 27, 2019 - MK2 Ventures Ltd. (TSXV/NEX: MK.H; "MK2" or the “Company”) is

pleased to announce that it intends to file an application with the TSX Venture Exchange

("TSXV") to extend the expiry date of 4,400,000 common share purchase warrants of the

Company (the " Warrants") originally issued as part of a private placement of units of the

Company that closed on June 1, 2018.

Each Warrant currently entitles the holder to purchase one common share of the Company at a

price of $0.15 per common share until June 1, 2019. The Company proposes to extend the expiry

date of the Warrants by twelve months, from June 1, 2019 to June 1, 2020.

The extension of the expiry date of the Warrants remains subject to the approval of the TSXV.

On Behalf of the Board of Directors

“Garrett Ainsworth”

President and Chief Executive Officer

604-628-5616

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of

the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.