Dusolo Provides Update ON Status of 2016 Annual Financial Statement Filing

462502 v2

Suite 1100 – 1111 Melville Street, Vancouver, B.C., Canada, V6E 3V6

Tel. 604-484-7122 Fax. 604-484-7143 | www.DuSolo.com

DUSOLO PROVIDES UPDATE ON STATUS OF 2016 ANNUAL

FINANCIAL STATEMENT FILING

February 27, 2017 - VANCOUVER, BRITISH COLUMBIA: DuSolo Fertilizers Inc. (TSX-

V:DSF) (“DuSolo” or “the Company”) provides the following update on the preparation

of its 2016 audited financial statements and other annual filings:

As indicated in its January 30, 2017 news release, on January 30, 2017 DuSolo was

required to file:

1. Audited annual financial statements for the year ended September 30, 2016 as

required by Part 4 of National Instrument 51 -102 Continuous Disclosure

Obligations;

2. Management's discussion and analysis relating to the audited annual financial

statements, as required by Part 5 of National Instrument 51 -102 Continuous

Disclosure Obligations; and

3. CEO and CFO certificates relating to the audited annual financial statements, as

required by National Instrument 52 -109 Certification of Disclosure in Issuers'

Annual and Interim Filings (collectively, the “required filings”).

DuSolo continues to work with its new auditors towards the completion of the required

filings. The Company previously anticipated that it would be in a position to file the

required filings by February 28, 2017. The Company’s current estimate is that the required

filings will be made on or before March 3, 2017.

Dusolo applied to the securities commissions of the provinces in which it is a reporting

issuer and has been granted a management cease trade order for the duration of the

default. Until the required filings are made and the management cease trade order is lifted,

Dusolo will satisfy the requirements of the alternative information guidelines set out in

National Policy 12-203 Management Cease Trade Orders (the “MCTO Policy”) which

require Dusolo to issue bi-weekly news releases to keep the market continuously informed

of any developments during the period of the default.

On behalf of DuSolo Fertilizers Inc.

Giles Baynham, Chief Executive Officer and Director

For more information contact:

Email: [email protected]

(604) 484 7122

462502 v2

Suite 1100 – 1111 Melville Street, Vancouver, B.C., Canada, V6E 3V6

Tel. 604-484-7122 Fax. 604-484-7143 | www.DuSolo.com

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defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the

adequacy or accuracy of this press release.