Barsele Grants Stock Options

May 3, 2017

BARSELE GRANTS STOCK OPTIONS

Vancouver, B.C. – Barsele Minerals Corp. – (BME: TSX-V) ("Barsele") announces that it has granted

an aggregate of 1,800,000 incentive stock options to directors, officers and consultants to purchase

up to 1,800,000 common shares in the capital of Barsele. The incentive stock options have an exercise

price of $0.90 per share, expire five years from the date of grant and vest immediately. As a result of

this option grant, Barsele has 10,599,000 stock options issued, representing 9.9% of the issued and

outstanding share capital.

About Barsele Minerals Corp.

Barsele is a Canadian-based junior exploration company comprised of highly qualified mining

professionals. Barsele’s main property is the Barsele Gold Project in Västerbottens Län, Sweden, a joint

venture with Agnico Eagle Mines Limited.

ON BEHALF OF THE BOARD OF DIRECTORS

Gary Cope

President

For further information, please contact Barsele Minerals Corp. at (604) 687-8566 x227,

email [email protected] or visit our website at www.barseleminerals.com

This News Release may contain forward-looking statements including but not limited to comments regarding the

timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential

mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore

involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in

such statements and Barsele undertakes no obligation to update such statements, except as required by law.

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 release