Novateqni Corporation Grants Stock Options

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FOR IMMEDIATE RELEASE

NOVATEQNI CORPORATION GRANTS STOCK OPTIONS

February 22, 2017 – Calgary, Alberta: Novateqni Corporation ("Novateqni" or the

"Company") (TSX -V:NTQ) announces that, pursuant to its stock option plan, it has granted

stock options to acquire up to an aggregate of 1,325,000 common shares of the Company, of

which 850,000 stock options were granted to certain directors and officers of the Company. Each

of the stock options is exercisable for a five year term expiring on February 21, 2022, and

exercisable until that time at a price of $0. 25 per common share. On February 21, 2017, the

closing price of Novateqni's common shares on the TSX Venture Exchange was $0. 25 per share.

The stock options vested immediately upon the date of grant. The st ock options, and any

common shares issued upon exercise of the stock options, are subject to a four month hold period

expiring on June 21, 2017.

For further information, please contact Novateqni by email at [email protected].

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of this press release.