Rotation Announces Amendment to Third Tranche of Private Placement

BWL\460301\PP 2017 05\2028

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ROTATION ANNOUNCES AMENDMENT TO THIRD TRANCHE OF PRIVATE PLACEMENT

Vancouver, British Columbia, October 24, 2017 - Rotation Minerals Ltd. (the “Company”)

(TSXV: ROT) announced today that it ha d amended the third and final tranche of its non -brokered

private placement originally announced on July 27, 2017 . The third tranche closing consisted of a

total of $2 44,725 raised through the issuance of 1,631,498 units at a pric e of $0.15 per unit. Each

unit consists of one common share and one common share purchase warrant, each warrant

entitling the holder to purchase one additional common share, at $0.25 per share, until September

26, 2019.

No finder’s fees or commissions were paid in connection with the private placement.

All s ecurities issued or issuable under the third tranche of the private placement are subject to a

hold period until January 2 7, 2018, except as permitted by applicable Canadian securities laws and

the TSX Venture Exchange.

Proceeds from the private placement will be used to fund the acquisition, exploration and

evaluation of the Company’s mineral properties and as general working capital.

The third tranche of the private placement included the following sub scriptions from “related

parties” of the Company as defined in Multilateral Instrument 61 -101 Protection of Minority

Security Holders in Special Transactions ("MI 61-101"): Bradley Rourke (the Company’s President

and Chief Executive Officer) acquired 200,000 units and Christina Boddy (the Company’s Corporate

Secretary) acquired 15,000 units . The issuance of units to Bradley Rourke and Christina Boddy did

not result in a material change in the percentage of securities of the Company held by them . The

participation of Bradley Rourke and Christina Boddy in the private placement was exempt from

formal valuation and minority shareholder approval requirements pursuant to exemptions

contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 on the basis that at the time the private

placement was agreed to, neither the fair market value of the securities to be distributed in the

private placement nor the consideration to be received for those securities, insofar as the private

placement involved the related parties, exceeds 25% of the Company’s market capitalization.

The Company did not file a material change report more than 21 days before the expected closing

of the third tranche of the private placement as the details of the private placement and the

participation by the related part ies was not settled until shortly prior to closing and the Company

wished to close the private placement on an expedited basis for sound business reasons.

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The Company issued a total of 8, 418,166 units under all three tranches of the priv ate placement to

raise total proceeds of $1,262,725.

ON BEHALF OF THE BOARD OF DIRECTORS

"Bradley Rourke"

Bradley Rourke,

President & 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 RELEASE.