13236 Cliffstone Court

CANADA

13236 Cliffstone Court

Lake Country BC V4V 2R1

Tel: 250-766-1517

Fax: 250-766-1839

www.sierrairon.com

NEWS RELEASE

December 1, 2017 Symbol:-TSX-V: CLM

Private Placement Status

Vancouver, BC – Crystal Lake Mining Corporation (the “Company”) is pleased to announce that it has

received all subscriptions and funds in order to complete the $500,000 f low-through private placement

announced on October 26, 2017 and referenced in a press release on November 27, 2017. In addition, it has

received all subscriptions and funds in order to complete the $400,000 non-flow through private placement

announced on October 25, 2017, and referenced in press releases dated November 6, 2017 and November

27, 2017.

Both private placements were fully subscribed and the Company intends to cl ose both financings

immediately upon receiving final TSXV approval.

Once issued, all securities will be subject to a four-month hold period; closing remains subject to TSX V

approval.

About the Company

Crystal Lake Mining Corporation is a mineral exploration/Development company focused on creating

value through the exploration and development of its British Columbia and On tario mineral

properties.

On behalf of The Board of Directors of Crystal Lake Mining Corporation.

Alphonse Ruggiero, Director/CFO

This news release contains certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under

the control of Crystal Lake Mining Corporation which may cause actual results, performance or achievements of Crystal Lake Mining

Corporation on to be materially different from the results, performance or expectation implied by these forward looking statements.

Neither 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 press release, which has been prepared by management.