Announces Private Placement Offering

PACIFIC IMPERIAL MINES INC.

1700-700 West Pender Street, Vancouver, BC, V6C 1G8 Canada

Telephone: (604) 669.6332; Facsimile: (604) 681.5910

www.pacificimperialmines.com

PACIFIC IMPERIAL MINES INC.

ANNOUNCES PRIVATE PLACEMENT OFFERING

Vancouver, February 27 , 2018 - PACIFIC IMPERIAL MINES INC. (the “Company”)

(TSX-Venture-PPM) is pleased to announce a non- brokered private placement of up to 10,000,000

units (the “Units”) at a price of CAD$0.05 per Unit for gross proceeds of up to CAD$500,000.

Each Unit will consist of one common share in the capital of the Company and one whole transferable

share purchase warrant (“Warrant”). Each Warrant will entitle the holder thereof to acquire one

common share at a price of CAD$0.075 per share at any time prior to the date that is two years from

the date of issuance. In the event that the common shares of the Company trade on the TSX

Venture Exchange at a closing price of greater than CAD$0.15 per common share for a period of 20

consecutive trading days at any time after four months and one day after the closing date of the

private placement, the Company may accelerate the expiry date of the Warrants by giving notice to

the holders thereof by way of a news relea se and in such case the Warrants will expire on the 30th

day after the date of dissemination of the news release.

There may be finders’ fee payable to arm’s -length parties in connection with this placement as

permitted under the policies of the TSX Venture Exchange.

Proceeds of the private placement will be used to maintain and preserve the Company’s existing

operations, activities, and assets, and for general working capital purposes. The private placement

is subject to the acceptance by the TSX Venture Exchange.

ON BEHALF OF THE BOARD

“Chris McLeod” (signed)

Chris McLeod, President

For further information please contact:

Roman Shklanka, Chairman, at 604-649-6195

or Chris McLeod, President, at 604-669-6332

E-mail: [email protected]

Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the

TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of the contents of this

News Release.