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Osisko Metals to Commence Trading June 26 Under New Symbol “OM” ON the Tsx‐venture Exchange

Listings & Exchange

OSISKO METALS TO COMMENCE  TRADING  JUNE 26 UNDER NEW SYMBOL 

“OM” ON THE TSX‐VENTURE  EXCHANGE  

(Montréal,   Québec   –  June  23,  2017)  Bowmore   Exploration   Ltd.  (the  “Company”)  (TSX‐V:  BOW; 

FRANKFURT:   OB5)  is  pleased   to  announce   that  its  name  change   to  “Osisko   Metals   Incorporated ” 

and concurrent  three to one (3 to 1) share consolidation  (the “Consolidation”)  will become  effective  

on Monday,  June 26, 2017, when the Company’s common  shares  will commence  trading  at the open 

under the symbol  “OM” on the TSX Venture  Exchange  (the “TSX‐V”). 

The  Company   is  changing   its  name  to  better   reflect   its  ongoing   strategy   of  building   a  highly  

prospective   base  metal  exploration   and  development   company,   with  an  emphasis   on  zinc.  The 

Company   will  explore   in  the  historic   Bathurst   Mining   Camp  in  New  Brunswick,   Canada,   as  well  as 

evaluate  multiple  zinc targets  in the Province  of Québec.  

Further to the news release of June 1, 2017, the Company is also pleased to announce that Jeff Hussey 

has  now  been  appointed  President  and  CEO  as  well  as  Director  of  the  Company.   Mr.  Hussey  is  a 

Professional  Geologist  with  over  30  years’  experience  in  exploration  and  mine  development  in  both 

open pit and underground operations. During his 20 years with Noranda Inc. and Falconbridge Ltd., he 

was  directly  involved  in  base  metal  exploration,  development  and  mine  operations  at  the  Brunswick    

No. 12 and Gaspé Copper mines. He worked at the Antamina mine in Peru where he was a member of 

the  start‐up  team,  and  while  at  the  Raglan  mine  in  Northern  Quebec,  he  was  part  of  the  process 

optimization  team.   More  recently, Mr. Hussey worked for Champion Iron  Mines, where  he helped  to 

develop iron projects in Quebec’s North Shore region.  

Jeff Hussey,  the Company’s President  and CEO comments:  “The name change  to Osisko  Metals  and 

the  rebranding   of  the  Company   reflects   our  intent   to  build  a  fast  moving   and  strongly   backed  

exploration  and development  company  in the base metal space,  pivoting  on the years of experience  

and unparalleled  success  of the Osisko  brand.” 

About BOWMORE  

Bowmore  Exploration  Ltd (to be named “Osisko Metals  Inc.”) (an Osisko  group company)  is a Canadian  base 

metal exploration  and development  company  exploring  to create  value in the zinc space in Canada.  In 2017, 

the  Company   acquired   40,000   hectares   in  the  Bathurst   Mining   Camp  (“BMC”),  a  major  zinc‐lead‐silver  

producing  district.  The objective  is to develop  a multi‐deposit  model with historical  resources  in the BMC that 

would  feed  a  central   concentrator.   Several   deposits   are  currently   being  reviewed.   In  Quebec,   the  Company  

acquired   42,000   hectares   that  cover  12  grass‐root  zinc  properties   that  will  be  selectively   advanced.   In 

parallel,  Osisko  Metals  will be monitoring  zinc‐oriented  peers for other opportunities.  Osisko  Gold Royalties  

Ltd. (OR:TSX  / NYSE) is a significant  shareholder  of the Company  with approximately  20.5% ownership.  

For further  information  on BOWMORE,  visit www.bowmorexploration.com or contact:  

Jeff Hussey  

President  & CEO  

BOWMORE  Exploration  Ltd. 

(514)  861‐4441 

Email:  [email protected]  

www.bowmorexploration.com  

Paul Dumas 

Executive  Vice President  Finance  & CFO 

BOWMORE  Exploration  Ltd. 

(514)  861‐4441 

Email [email protected]  

www.bowmorexploration.com  

Neither   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.  

Cautionary  Note Regarding  Forward ‐Looking  Information  

This  news  release   contains   "forward ‐looking   information"   within   the  meaning   of  the  applicable   Canadian   securities  

legislation   that  is  based   on  expectations,   estimates,   projections   and  interpretations   as  at  the  date  of  this  news  release.  

The information  provided  in this news release  about  the exploration  and/or  resource  development  projects,  including  new 

results   from  drill   programs,   the  significance   of  assay   results,   potential   mineralization,   including   the  discovery   of  new 

mineralized   zone,   the  potential   to  extend   mineralization   in  any  direction,   the  ability   to  complete   any  proposed  

exploration   activities   and  the  results   of  such  activities,   the  continuity   or  extension   of  any  mineralization   and  any  other  

information   herein   that  is  not  a  historical   fact,   may  all  be  forward ‐looking   information.   Any  statement   that  involves  

discussions  with respect  to predictions,  expectations,  interpretations,  beliefs,  plans,  projections,  objectives,  assumptions,  

future  events  or performance  (often  but not always  using  phrases  such as "expects",  or "does  not expect",  "is expected",  

"interpreted",  "management's  view",  "anticipates"  or "does  not anticipate",  "plans",  "budget",  "scheduled",  "forecasts",  

"estimates",   "believes"   or  "intends"   or  variations   of  such  words   and  phrases   or  stating   that  certain   actions,   events   or 

results  "may"  or "could",  "would",  "might"  or "will"  be taken  to occur  or be achieved)  are not statements  of historical  fact 

and may be forward ‐looking  information  and are intended  to identify  forward ‐looking  information.  This forward ‐looking  

information  is based  on reasonable  assumptions  and estimates  of management  of the Company,  at the time it was made,  

involves   known   and  unknown   risks,   uncertainties   and  other   factors   which   may  cause   the  actual   results,   performance   or 

achievements  of Company  to be materially  different  fr om any future  results,  performance  or achievements  expressed  or 

implied   by  such  forward ‐looking   information.   Such  factors   include,   among   others,   risks   relating   to  the  ability   of 

exploration   activities   (including   drill   results)   to  accurately   predict   mineralization;   errors   in  management's   geological  

modelling;   the  ability   of  Company   to  complete   further   exploration   activities,   including   drilling;   property   interests   in  the 

relevant   projects;   the  ability   of  the  Company   to  obtain   required   approvals   and  complete   transactions   on  terms  

announced;   the  results   of  exploration   activities;   risks   relating   to  mining   activities;   the  global   economic   climate;   metal  

prices;   dilution;   environmental   risks;   and  community   and  non  –governmental   actions.   Although   the  forward ‐looking  

information   contained   in  this  news  release   is  based   upon  what  management   believes,   or  believed   at  the  time,   to  be 

reasonable   assumptions,   Company   cannot   guarantee   shareholders   and  prospective   purchasers   of  securities   of  the 

Company  that actual  results  will be consistent  with such forward ‐looking  information,  as there  may be other  factors  that  

cause   results   not  to  be  as  anticipated,   estimated   or  intended,   and  neither   Company   nor  any  other   person   assumes  

responsibility  for the accuracy  and completeness  of any such forward  looking  information.  Company  does not undertake,  

and  assumes   no  obligation,   to  update   or  revise   any  such  forward   looking   statements   or  forward ‐looking   information  

contained  herein  to reflect  new events  or circumstances,  except  as may be required  by law.