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Murchison Minerals Ltd. News Release April 27, 2018

Corporate Updates

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MURCHISON MINERALS LTD. NEWS RELEASE April 27, 2018

News Release

Annual Meeting Results

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR

DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

April 27, 2018 (Toronto, Ontario): Murchison Minerals Ltd. (“Murchison” or the “Company”)

(TSXV : MUR) announces that the shareholders have voted in favour of all items of business before the

Annual General Special Meeting (the “Annual Meeting”) of Shareholders held on April 26, 2018. A total

of 28,200,708 common shares were voted, representing 66.29% of the votes attached to all outstanding

common shares.

Denis Arsenault, Donald K Johnson, Kent Pearson, Jean-Charles Potvin and David Pyper were re-elected

to serve as directors of the Company.

In addition, UHY McGovern Hurley LLP was re-appointed as the auditor for Murchison for the next year

and the 10% rolling stock option plan of the Company was also approved as per Policy 4.4 of the TSX

Venture Exchange.

Subsequent to the Annual Meeting, the directors re-appointed Kent Pearson as President and Chief

Executive Officer and Erik H Martin as Chief Financial Officer and Corporate Secretary of the Company.

“On behalf of the Board of Directors and management, I would like to thank John Dixon who recently

stepped down as director of Murchison for his years of services and commitment to the Company.”

stated Kent Pearson.

About Murchison

Murchison is a Canadian based exploration company with a diversified portfolio of properties, including

the 100% owned Brabant-McKenzie zinc-copper project in North-Central Saskatchewan and the HPM

Nickel/Copper/Cobalt project in Quebec. Murchison also holds gold claims in the Pickle Lake area of

northwestern Ontario.

Additional information about Murchison and its exploration projects can be found on the Company’s

website at www.murchisonminerals.com.

For further information, please contact:

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MURCHISON MINERALS LTD. NEWS RELEASE April 27, 2018

Kent Pearson, President and Chief Executive Officer

Erik Martin, Chief Financial Officer

or

[email protected]

(416) 350 - 3776

Forward-Looking Information

Certain information set forth in this news release may contain forward-looking information that involves substantial known

and unknown risks and uncertainties. This forward-looking information is subject to numerous risks and uncertainties, certain

of which are beyond the control of the Company, including, but not limited to, the impact of general economic conditions,

industry conditions, and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the

preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and,

as such, undue reliance should not be placed on forward-looking information. The parties undertake no obligation to update

forward-looking information except as otherwise may be required by applicable securities law.

NEITHER THE CSE OR THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF

THE CSE OR TSXV, AS APPLICABLE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS PRESS RELEASE.