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Jiulian Announces Closing of Private Placement

Financings

#890 – 580 Hornby St.   T:  778‐239‐0127

Vancouver BC V6C 3B6  F:  604‐687‐8678 

[email protected] 

www.jiulianresources.com 

JIULIAN ANNOUNCES CLOSING OF PRIVATE PLACEMENT

June 15, 2018 - Jiulian Resources Inc. (“ Jiulian” or the “ Company”) (NEX: JLR.H) is

pleased to announce that the Company has cl osed its private placement (the “Offering”)

announced in its news release dated Ap ril 26, 2018. The Company issued 16,666,667 units

(“Units”) at a price of $0.06 per Unit for gros s proceeds of $1,000,000. Each Unit consists of

one common share of the Company and one shar e purchase warrant (“Wa rrant”) entitling the

holder to purchase an additional common share of the Company for a period of three years at a

price of $0.10 per Warrant from the date of closing.

The Company paid finder’s fees in the am ount of $29,551 and issued 492,521 broker warrants,

with each broker warrant entit ling its holder to purchase one common share at $0.10 per share

for a period of twelve months from the closing date of the Offering.

The net proceeds of the Offering are intended to be used to drill at Big Kidd Cu-Au porphyry

target in the fall of 2018, to c onduct further IP surveys, for mapping and prospecting, report

preparation, payment of accrued directors’ fees and for general and administrative expenses.

All securities issued pursuant to the Offering will be subject to a four month hold period,

expiring on October 16, 2018, in accordance with applicable Canadian securities laws.

About Jiulian

Jiulian is a junior explorati on public company based in Va ncouver, B.C. engaged in the

acquisition and exploration of mine ral properties that have potenti al of containing metals with

strong market demand. The Company’s management t eam consists of an e xperienced geologist,

mining engineer, accountant and business people who have proven successful records.

To find out more about Jiulian, please visit our website at www.jiulianresources.com or contact:

Charlie Cheng, President, CEO and Director of the Company at 778-239-0127 or by email:

[email protected].

On Behalf of the Board of Directors of

Jiulian Resources Inc.

“Charlie Cheng”

Charlie Cheng

President, CEO and Director

This news release was prepared by management of Ji ulian, which takes full responsibility for its contents.

Neither the TSX Venture Exchange nor its Regulation 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 release.

Jiulian Resources Inc.  Page 2 of 2 

Disclaimer for Forward-Looking Information

Certain statements in this news release related to the Company are forward-looking statements and are

prospective in nature. Forward-looking statements are not based on historical facts, but rather on current

expectations and projections about future events, and are therefore subject to risks and uncertainties

which could cause actual results to differ materially from the future results expressed or implied by the

forward-looking statements. These statements generally can be identified by the use of forward-looking

words such as “may”, “should”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or

“continue”, or the negative thereof or similar variatio ns. Forward-looking statements in this news release

include the statements regarding the intended use of net proceeds of the Offering. There are numerous

risks and uncertainties that could cause the Compan y’s plans and objectives to differ materially from

those expressed in the forward-looking information, including: (i) adverse market conditions; (ii) risks

inherent in the primary healthcare sector in general; (iii) that the proceeds of the Offering may be used

other than as set out in this news release and other factors beyond the control of the Company. Actual

results and future events could differ materially from those anticipated in such information. These and all

subsequent written and oral forward-looking info rmation are based on estimates and opinions of

management on the dates they are made and are expressly qualified in their entirety by this notice. Except

as required by law, the Company does not intend to update these forward-looking statements.