Omineca Announces Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR

DISSEMINATION IN THE UNITED STATES.

Omineca Announces Financing

Saskatoon, SK. April 12, 2018 – Omineca Mining and Metals Ltd. (TSXV: OMM) (“Omineca

or the “Company”) announces that it has arranged a non- brokered private placement of up to

5,000,000 units at a price of $0.05 per unit, for gross proceeds of up to $250,000. Each unit will

consist of one common share and one common share purchase warrant. Each warrant entitles the

holder to purchase one common share for a period of 12 months from the closing date of the private

placement at a price of $0.07 per share.

The proceeds of the private placement will be used to fund exploration activities for the Wingdam

and Fraser Canyon Properties and for general working capital purposes. The private placement is

subject to TSX Venture Exchange acceptance. The securities issued will be subject to a standard

four month hold period. Omineca advises that the insiders of the Company intend to participate in

the financing, which participation will be completed pursuant to available related party exemptions

under Multilateral Instrument 61 -101 Protection of Minority Security Holders in Special

Transactions.

About Omineca Mining and Metals Ltd.

Omineca Mining and Metals Ltd. controls a 100% interest in the Wingdam Project through its

wholly owned subsidiary CVG Mining Ltd. The 2700 ha Wingdam Project is located 45 km east

of Quesnel B.C. on the Barkerville highway and provides a unique opportunity for Omineca to

develop near-term placer gold production in a proven mining district. The property overlies both

placer and hard-rock tenures along the Lightning Creek valley, where topographic conditions have

created a deep overburden accumulation which effectively resulted in a large portion of the channel

being excluded from conventional surface placer mining activity.

For more information contact:

Omineca Mining and Metals Ltd.

Tom MacNeill

President and Chief Executive Officer

306-653-2692

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US.

SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN

THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION

OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor

shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or

sale would be unlawful.

Forward Looking Statements

This release includes forward-looking statements regarding 49 North and its business. Such

statements are based on the current expectations and views of future events of 49 North’s

management. In some cases the forward-looking statements can be identified by words or

phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”,

“estimate”, “believe” or the negative of these terms, or other similar expressions intended to

identify forward-looking statements. The forward-looking events and circumstances discussed in

this release may not occur and could differ materially as a result of the failure to complete the

private placement offering, known and unknown risk factors and uncertainties affecting 49

North, including risks regarding the resource industry, economic factors and the equity markets

generally and many other factors beyond the control of 49 North. No forward-looking statement

can be guaranteed. Forward-looking statements and information by their nature are based on

assumptions and involve known and unknown risks, uncertainties and other factors which may

cause our actual results, performance or achievements, or industry results, to be materially

different from any future results, performance or achievements expressed or implied by such

forward-looking statement or information. Accordingly, readers should not place undue

reliance on any forward-looking statements or information. Forward-looking statements speak

only as of the date on which they are made and 49 North undertakes no obligation to publicly

update or revise any forward-looking statement, whether as a result of new information, future

events, or otherwise, except as required by applicable securities laws.

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.