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MK2 Ventures Ltd. (TSXV/NEX: MK .H; the “Company”) announces that Ann Fehr has resigned as Chief Financial Officer of the Company. The Company thanks Ms. Fehr for her many years of service. Gavin Cooper, of Vancouver, British Columbia, has been appointed

Management Changes

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Suite 500, 666 Burrard Street, Vancouver, BC V6C 3P6 - Phone: 604 629 2991

MK2 VENTURES LTD.

NEWS RELEASE

Vancouver, B.C., May 2, 2017

MK2 Ventures Ltd. (TSXV/NEX: MK .H; the “Company”) announces that Ann Fehr has

resigned as Chief Financial Officer of the Company. The Company thanks Ms. Fehr for her

many years of service. Gavin Cooper, of Vancouver, British Columbia, has been appointed

Chief Financial Officer.

Mr. Cooper is a Chartered Accountant with extensive experience in all aspects of corpor ate

financial management, administration and corporate governance. For the past thirty five years,

Mr. Cooper has been providing strategic and financial advice and corporate administration

services, and has held senior positions with a number of public and private companies with local

and international operations, during which time he has been involved in numerous significant

transactions. He was formerly the Chief Financial Officer of VRB Power Systems Inc., a

TSXV listed company involved in the developme nt and production of flow -battery energy

storage systems, CEO and a director of a ship-construction project with a budget in excess of

$400 million, Director of Finance & Administration at a shipyard that had employed over 1,000

workers. He currently acts as CFO and corporate secretary and sits on the boards of directors of

various TSXV listed companies. He has a Hons. Bachelor of Accounting from the University of

South Africa and is a member of the Chartered Professional Accountants British Columbia.

ON BEHALF OF THE BOARD

“David M. Patterson”

CEO and Director

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.