“Company”) is pleased to announce the appointment of Ian Rozier as the Company’s new Chief Executive Officer

NEWS RELEASE

Trading Symbol: GVR (TSX.V)

Vancouver, B ritish Columbia, February 17 , 2017 . Grosvenor Resource Corporation (“Grosvenor” or the

“Company”) is pleased to announce the appointment of Ian Rozier as the Company’s new Chief Executive Officer

and President, replacing Douglas Scheving. Mr. Scheving will continue to serve as a director of Grosvenor.

The Company would like to thank Mr. Scheving for his years of service as CEO and President.

The Company is also pleased to announce at the Company’s Annual General Meeting held on February 16, 2017,

three of the existing directors of Grosvenor were re -elected to the Board of Directors. Returning directo rs are

Ian Rozier, Harvey Kardos, and Douglas Scheving. David Cowan did not run for re -election. Mr. Douglas B.

Hyndman was nominated and elected to fill the fourth seat. Mr. Hyndman is a partner with the law firm Kornfeld

LLP in Vancouver. He graduated from McGill University in 1976 and earned an L.L.B. at Dalhousie University in

1979. Since 1982, he has been a member of the bar in the Province of British Columbia where he specializes in

corporate and banking law.

The Board of Directo rs would like to thank Mr. Cowan for his years of service and wish him well in his future

endeavors.

On behalf of the Board of Directors,

Tyler Friesen

Chief Financial Officer

604-685-6851

Email: [email protected]

Neither the TSX Venture Exchange (the “TSXV”) nor its Regulation Services Provider (as that term is defined in

the policies of the TSXV) has reviewed, nor do they accept responsibility for the adequacy or accuracy of, this

release.