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LALI.V ·

Portofino Grants Options

Share Capital & Compensation

Suite 520 – 470 Granville Street

Vancouver, BC, CANADA V6C 1V5

Telephone: 604-683-1991

Fax: 604-683-8544

www.portofinoresources.com

[email protected]

PORTOFINO

RESOURCES INC.

NEWS RELEASE

PORTOFINO GRANTS OPTIONS

Vancouver, B.C., January 13, 2017. PORTOFINO RESOURCES INC. (POR: TSX-V)

(“Portofino” or the “Company”) announces that in compliance with the Company’s Stock Option

plan, the Board of Directors has granted 1,500,000 options exercisable for up to 5 years at

$0.10 to certain directors, officers and consultants of the Company.

About Portofino Resources Inc.

Portofino is a Canadian-based company focused on exploration and development of mineral

projects.

On Behalf of the Board,

“David G. Tafel”

Chief Executive Officer

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.

For Further Information Contact:

David Tafel

CEO, Director

604-683-1991

This news release may contain forward looking statements concerning future operations of Portofino Resources Inc. (the “Company”).

All forward- looking statements concerning the Company’s future plans and operations, including management’s assessment of the

Company’s project expectations or beliefs may be subject to certain assumptions, risks and uncertainties beyond the Company’s

control. Investors are cautioned that any such statements are not guarantees of future performance and that actual performance and

exploration and financial results may differ materially from any estimates or projections.