Orestone Announces $100 Thousand Dollar Private Placement

News Release

TSX-V: ORS

2018-02

June 5, 2018

For further information contact: David Hottman at 604-629-1929  [email protected]

407 – 325 Howe Street, Vancouver, BC V6C 1Z7, Canada  Phone: 604-629-1929  Fax: 604-629-1930  www.orestone.ca

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

ORESTONE ANNOUNCES $100 THOUSAND DOLLAR PRIVATE PLACEMENT

Orestone Mining Corp. (TSX Venture Exchange –Symbol: ORS) (the “Company”) is pleased to announce a non -

brokered private placement consisting of a maximum of 1,000,000 units (“Units”) at a price of $0.10 per Unit for

aggregate gross proceeds of up to $100,000 (the “Private Placement”). Each Unit will consist of one common share of

the Company and one -half of one common share purchase warrant. Each whole Warrant will be exercisable for one

common share of the Company at a price of $0.15 for one year from the date of issuance.

Subject to the approval of the TSX Venture Exchange (the “Exchange”) and applicable laws, the Company may pay to

certain arm’s length finders a cash finder’s fee of 5% of the gross proceeds of the Private Placement.

Closing will be subject to receipt of conditional approval by the Exchange. Certain of the Company’s insiders may

participate in the Private Placement.

The net proceeds of the Private Placement will be used for general working capital.

Stock Options

The Company has, subject to regulatory approval, granted consultants of the Company incentive stock options to

purchase an aggregate of 100,000 common shares. The options are exercisable until June 4, 2023 at an exercise price of

$0.15 per share.

Orestone Mining Corp . is a Canadian -based company that controls a portfolio of gold -copper porphyry exploration

targets in British Columbia, Canada. For more information please visit: www.orestone.ca

The securities of the Company and the securities to be issued pursuant to the Private Placement have not and will not be regi stered under the

United States Securities Act of 1933, as amended (the “1933 Act”), or the securities laws of any state of the United States, and may not be offered

or sold in the United States absent registration or an applicable exemption therefrom under the 1933 Act and the securities l aws of all applicable

states.

ON BEHALF OF ORESTONE MINING CORP.

David Hottman

President and CEO

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 News Release. This news release has been prepared by management and no regulatory authority has approved or disapproved

the information contained herein.