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RedZone Announces Grant of Stock Options

Share Capital & Compensation

FOR IMMEDIATE RELEASE

RedZone Announces Grant of Stock Options

February 24, 2017 TSX-V: REZ

Vancouver, BC, February 24, 2017 – RedZone Resources Ltd. (REZ-TSX.V)

(“RedZone” or the “Company”) announces that 300,000 options to purchase

common shares of the Company have been gr anted to directors at an exercise price

of $0.18 per share, expiring on February 24, 2022. The grant is subject to

regulatory approval.

About RedZone Resources Ltd.

RedZone is a mineral exploration compa ny with a current focus on Lithium and

Copper exploration. RedZone is listed on the TSX Venture Exchange (REZ) and

more information can be found at www.redzoneresources.ca.

For further information, please contact:

Michael Murphy

President and CEO

T: 604.649.2350

E: [email protected]

The TSX Venture Exchange does not a ccept responsibility for the adequacy or

accuracy of this release.