Entrée Resources to Commence Trading ON the OTCQB Venture Market

ENTRÉE RESOURCES TO COMMENCE TRADING ON THE OTCQB VENTURE

MARKET

Vancouver, B.C., October 1, 2019 – Entrée Resources Ltd. (TSX:ETG; OTCQB:ERLFF – the “Company” or

“Entrée”) is pleased to announce that, effective October 1, 2019, the Company’s common shares will

commence trading on the Over-the-Counter OTCQB Venture Market (the “OTCQB”) in the United States,

under the symbol “ ERLFF”. Entrée’s shares continue to trade on the Toronto Stock Exchange under the

symbol “ETG”.

Information relating to Entrée as well as Real -Time level 2 quotes for the Company will be available on

www.otcmarkets.com. The Company also files reports with Canadian securities regulators on SEDAR at

www.sedar.com and with the SEC on EDGAR at www.sec.gov.

ABOUT ENTRÉE RESOURCES LTD.

Entrée Resources Ltd. is a well-funded Canadian mining company with a unique carried joint venture

interest on a significant portion of one of the world’s largest copper-gold projects – the Oyu Tolgoi project

in Mongolia. Entrée has a 20% or 30% carried participating interest in the Entrée/Oyu Tolgoi joint venture,

depending on the depth of mineralization. Sandstorm Gold Ltd., Rio Tinto and Turquoise Hill are major

shareholders of Entrée, holding approximately 1 9%, 9% and 8% of the shares of the Company,

respectively. More information about Entrée can be found at www.EntreeResourcesLtd.com.

FURTHER INFORMATION

David Jan

Investor Relations

Entrée Resources Ltd.

Tel: 604-687-4777 | Toll Free: 1-866-368-7330

E-mail: [email protected]

This News Release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995

and forward-looking information within the meaning of applicable Canadian securities laws with respect to corporate strategies and plans; the

Company continuing to be a registrant with the SEC; anticipated business activities; and future financial performance.

While the Company has based these forward-looking statements on its expectations about future events as at the date that such statements were

prepared, the statements are not a guarantee of Entrée’s future performance and are based on numerous assumptions regarding p resent and

future business strategies; Entrée continuing to be a registrant with the SEC; local and global economic conditions and the environment in which

Entrée will operate in the future, including the price of copper, gold and silver, projected grades, anticipated capital and operating costs and

anticipated future production and cash flow from the Entrée/Oyu Tolgoi joint venture property ; and the status of Entrée’s relationship and

interaction with the Government of Mongolia, Oyu Tolgoi LLC, Rio Tinto and Turquoise Hill Resources Ltd.

Risks, uncertainties and factors which could cause actual results, performance or achievements of Entrée to differ materially from future results,

performance or achievements expressed or implied by forward-looking statements and information are discussed in the Company’s most recently

filed MD&A and in the Company’s Annual Information Form for the financial year ended December 31, 2018, dated March 29, 2019 filed with the

Canadian Securities Administrators and available at www.sedar.com and the Company’s Annual Report on Form 20-F for the fiscal year ended

December 31, 2018 filed with the United States Securities and Exchange Commission on April 1, 2019, which is available at www.sec.gov. Although

the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described

in forward-looking statements, there may be other factors that cause actions, events or results no t to be as anticipated, estimated or intended.

There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially

from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company is

under no obligation to update or alter any forward-looking statements except as required under applicable securities laws.