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IZZ.V ·

International Prospect Ventures Announces Annual Shareholder Meeting Results

Shareholder Meetings

INTERNATIONAL PROSPECT VENTURES LTD.

2864 chemin Sullivan

Val-d’Or, Québec J9P 0B9

819.824.2808 (main)

819.824.3379 (fax)

[email protected]

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INTERNATIONAL PROSPECT VENTURES ANNOUNCES

ANNUAL SHAREHOLDER MEETING RESULTS

Val-d’Or, Québec, June 22, 2018 — International Prospect Ventures Ltd. (TSX -V:IZZ) (the

“Company”) announces the results of its annual general meeting of shareholders held in Montr éal,

Québec, on June 21, 2018.

At the meeting, shareholders elected five incumbent directors, being Dr. Scott Jobin- Bevans, Glenn J.

Mullan, Andrew T. Pepper, Robert I. Valliant and Dr. C. Jens Zinke. Shareholders appointed MNP LLP

as the Company’s auditor for the ensuing year.

Following the shareholder meeting, the Board reconstituted its Audit Committee and its Compensation

and Corporate Governance Committee. The Board also appointed officers for the ensuing year as

follows:

President & Chief Executive Officer: Glenn J. Mullan

Chief Financial Officer & Corporate Secretary: Rico De Vega

Vice President, Exploration: Scott Jobin-Bevans

About International Prospect Ventures Ltd.

The Company is a junior natural resource issuer involved in the process of exploring, evaluating and

promoting its mineral property interests. The Company owns a 100% interest in the Porcupine Miracle

Prospect consisting of four mineral claims located in Langmuir Township in the province of Ontario; a

40% interest in the Beartooth Island Prospect located in the Athabasca Basin in the province of

Saskatchewan, which is the subject of an agreement with Ditem Explorations Inc. and of which Ditem

is the operator; and a 100% interest in the Otish and Mistassi ni Prospects located in the North central

region of the province of Québec. The Company is party to a binding share exchange agreement to

acquire 100% interest in Valroc Ventures Pty Ltd., the New South Wales, Australia company that the

Company has an agr eement with to jointly acquire, each as to an undivided 50% interest, certain

applications for tenements located in gold-bearing Pilbara region of Western Australia. The Company is

also in the process of identifying and evaluating other mineral property opportunities in Canada and

internationally.

For additional information, please contact:

Glenn J. Mullan

President & Chief Executive Officer

2864 chemin Sullivan

Val-d’Or, Québec J9P 0B9 Tel.: 819-824-2808, x204

Email: [email protected]

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Forward Looking Statements:

This news release contains certain statements that may be deemed “forward-looking statements. Forward looking statements

are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”,

“anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions

“will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such

forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance

and actual results or realities may differ materially from those in forward looking statements. Forward looking statements are

based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as

required by law, the Company undertakes no obligation to update these forward -looking statements in the event that

management’s beliefs, estimates or opinions, or other factors, should change.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture

Exchange) accepts responsibility for the adequacy or accuracy of this news release.