War Eagle Grants Stock Options

TSXV:WAR CUSIP. No. 933901209

War Eagle Grants Stock Options

Vancouver, British Columbia – February 25, 2018 - War Eagle Mining Company Inc. (TSXV -

WAR) (“War Eagle” or the “Company”) reports that, pursuant to the terms and conditions of its

incentive stock option plan, it has granted, in the aggregate, 2,050,000 stock options to purchase

common shares of the Company to certain directors, officers and consultants of the Company.

The options, which vest immediately, are exercisable up to May 5, 2021 at a price of $0.17 per

share and are subject to TSX Venture Exc hange approval. In addition, the Company has

cancelled an aggregate of 599,000 stock options previously granted to certain directors and

officers of the Company.

For additional information please contact:

War Eagle Mining Company Inc.

Paul A. Carroll QC

Chairman

416-703-9120

Malcolm Burke

Director

+ 1 (604) 220-2000

Email: [email protected]

Website: www.wareaglemining.com

This news release was prepared by management of Wa r Eagle, which takes full responsibility for its

contents. Neither the TSX Venture E xchange nor its Regulation Services Prov ider (as that term is defined in

the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release