QTWO.V · 2018-05-23 12:00:00

Minfocus Receives Second Request For Shareholder Meeting

Shareholder Meetings

May 23, 2018 - Minfocus Exploration Corp. (TSX -V: MFX) (“Minfocus” or “Company” ) Minfocus

reports that it received a letter on May 17, 2018 requisitioning a meeting of the Minfocus shareholders

(the “Request”).

The Special Committee of independent Minfocus directors , previously appointed by the Board of

Directors of the Company, will review the Request and report in due course.

For further information, please contact:

Kenneth B. de Graaf

President & Chief Executive Officer

About Minfocus Exploration Corp.

Minfocus Exploration Corp. is a Canadian company currently advancing a portfolio of base metal projects including

zinc projects in Newfoundland and British Columbia, and a Platinum Group Element (“PGE”) rich nickel project in

N.W. Ontario. Minfocus has a successful management group with a record of multiple discoveries of deposits

worldwide, including gold and urani um deposits in Mongolia and PGE -rich resources in Ontario, including the

discovery of the first Platinum -rich Pt-Pd-Cu-Ni deposit in the Midcontinent Rift, the Current Lake deposit (+700,000

oz. Pt-Eq).

Neither the TSX Venture Exchange nor its Regulatory S ervices Provider (as that term is defined in the policies of the TSX Venture

Exchange) accepts responsibility for the adequacy or accuracy of this press release.

This press release includes certain forward -looking statements concerning the future performance of the Company’s business and

operations as well as management’s objectives, strategies, beliefs and intentions. Forward -looking statements are often identifi able

by the use of words such as “may”, “will”, “might”, “would”, “plan”, “believe”, “expect”, “anticipate”, “intend”, “estimate”,

“scheduled”, “forecasts” and similar expressions or variations (including negative variations) of such words and phrases.

Forward-looking statements are based on the current opinions and expectations of management, and are subject to a number of risks

and uncertainties that may cause actual results, performance or achievements of the Company to be materially different from t hose

currently anticipated by such statements. Factors that could cause actual results or events to differ materially from curren t

expectations include, among other things, the possibility that future exploration results will not be consistent with the Com pany’s

expectations, fluctuating commodity prices, delays in commencing the Company’s proposed drilling program, exploration costs

varying significantly from estimates, the availability of financing, and other risks identified in the Company’s documents fi led with

the Canadian securities regulatory authorities at www.sedar.com. Any forward-looking statement speaks only of the date on which it

is made, and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any

forward-looking statement.