Aldever Closes First Tranche of Non-­‐Brokered Private Placement

ALDEVER RESOURCES INC. 2200 HSBC Building – 885 West Georgia St, Vancouver, BC, V6C 3E8 www.aldever.com

ALDEVER  CLOSES  FIRST  TRANCHE  OF  NON-­‐BROKERED  PRIVATE  PLACEMENT    

February  16,  2017

Aldever  Resources  Inc.  (ALD—TSXV)  (ALDVF—OTCQB)  (17G1—Frankfurt)  is  pleased  to  announce  that  it  has  closed  

the  first  tranche  of  its  non-­‐brokered  private  placement  on  February  15,  2017,  initially  announced  February  8,  2017.  

The  Company  raised  $341,600  through  the  sale  of  4,270,000  units  at  a  price  of  $0.08  per  unit.  Both  flow  and  non-­‐

flow  through  shares  will  be  issued  through  this  offering.  Each  unit  sold  with  a  flow  through  share  will  contain  one  

(1)  flow  through  common  share  and  one-­‐half  (1/2)  transferrable  share  purchase  warrant.  Each  unit  sold  with  one  

flow  through  share  will  contain  one  (1)  non-­‐flow  through  common  share  and  one  (1)  transferrable  share  purchase  

warrant.  Each  whole  share  purchase  warrant  will  be  exercisable  at  a  price  of  $0.12  for  36  months  from  the  date  of  

closing.    

Finder’s   fees   of   10%   cash   equivalent   to   $29,160,   5%   warrants   equivalent   to   132,438,   and   5%   common   shares  

equivalent  to  182,250  are  payable  to  EMD  Financial  Inc.  

All  securities  issued  in  connection  with  the  offering  will  be  subject  to  a  statutory  hold  period  of  four  months  plus  a  

day  from  the  date  of  issuance,  in  accordance  with  applicable  securities  legislation.    

Proceeds   from   the   offering   will   be   used  to   finance   exploration   programs   on   the   Company’s   properties   and   for  

general  working  capital  purposes.    

For  further  information,  please  contact:  

Clive  Massey,  President  

Aldever  Resources  Inc.,    

Phone:  (604)  644-­‐6794  

Neither  the  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.    Statements   included   in   this   announcement,  

including  statements  concerning  our  plans,  intentions  and  expectations,  which  are  not  historical  in  nature  are  intended  to  be,  

and  are  hereby  identified  as,  “forward-­‐looking  statements”.  Forward-­‐looking  statements  may  be  identified  by  words  including  

“anticipates”,   “believes”,   “intends”,   “estimates”,   “expects”   and   similar   expressions.   The   Company   cautions   readers   that  

forward-­‐looking   statements,   including   without   limitation   those   relating   to   the   Company’s   future   operations   and   business  

prospects,  are  subject  to  certain  risks  and  uncertainties  that  could  cause  actual  results  to  differ  materially  from  those  indicated  

in  the  forward-­‐looking  statements.