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GVR.V ·

North Thompson River and the Yellowhead Highway 5.

Corporate Updates

Date: May 10, 2018

Trading Symbol: GVR (TSX.V)

NEWS RELEASE

Grosvenor Resource Corporation (“Grosvenor” or the “Company”) is pleased to announce that it has

reached an agreement (the “Powder Property Agreement”) to acquire the Powder Property , located 75

kilometers north of Kamloops, in south -central British Columbia , approximately 2 km west of the

North Thompson River and the Yellowhead Highway 5.

The Powder claims cover several epithermal type sheared/vein stockwork structures with widths of up

to 75m. A previous VLF -EM survey identified two main shear zones and additional exploration

targets. The Company proposes to conduct a mapping and sampling program to confirm and map the

extent of the mineralized zones across the property.

Under the terms of the Powder Property Agreement, the Company will pay $7,500 and issue 50,000

common shares of the Company.

The Powder Property Agreement is an arm’s len gth transaction and remains subject to the acceptance

of the TSX Venture Exchange.

For further corporate information contact:

Tyler Friesen

604-685-6851

[email protected]

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.