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SGU.V ·

Signature Acquires Additional 157 Claims Along Favourable GOLD Trend

Mergers & Acquisitions Property Options & Staking

SIGNATURE RESOURCES LTD.

SIGNATURE ACQUIRES ADDITIONAL 157 CLAIMS ALONG FAVOURABLE GOLD TREND

FOR IMMEDIATE RELEASE April 30, 2018

Toronto, Ontario, April 30, 2018 – Signature Resources Ltd. (TSXV: SGU, OTCQB: SGGTF ) (" Signature" or

the " Company ") is pleased to announce that it has received prelimi nary data from its recently completed survey

conducted by Terraquest. A preliminary analysis of the data has determined that it is of high quality.

“I’m delighted to report that the data gathered was of particularly high quality and judging from the preliminary plots

it appears that the geophysics has identified a num ber of magnetic and EM anomalies in the area associ ated with

known mineralization”, stated Howard Barrie, CEO of Terraquest.

Signature as a result of its initial review of surv ey results is pleased to announce that it has stake d 157 single cell

claims totaling 3,099.2 hectares. This acquisition elevates the Lingman Lake property to a district sc ale exploration

project. The claims, in part, cover the eastern extension of the favourable gold trend by approximatel y 8 kilometers.

“We are very excited to have added to our land position the 157 claims totaling 3,099.2 hectares. The important north

contact zone between volcanic rocks and granitic rocks is effectively entirely staked along a 30 kilometer length. This

action was driven by preliminary interpretation of the airborne survey, the results of which will be r eleased pending

qualified person sign-off”, commented Walter Hanych , President and CEO of Signature Resources.

With this acquisition, Signature land holding amoun ts to 15,096.3 hectares of land available for gold exploration

within the Lingman Lake Greenstone Belt.

Qualified Persons

The scientific and technical content of this press release has been prepared, reviewed and approved by Walter Hanych

P.Geo. and President-CEO of Signature Resources who is a Qualified Person as defined in National Instr ument 43-

101 - Standards of Disclosure for Mineral Projects .

About Signature

The Lingman Lake gold property consists of four fre e hold patented claims and 762 single cell staked c laims,

comprising 15,096.3 hectares. The property hosts an historic estimate of 234,684 oz of gold* (1,063,90 4 tonnes

grading 6.86 g/t with 2.73 gpt cut-off) and include s what has historically been referred to as the Lin gman Lake Gold

Mine, an underground substructure consisting of a 1 26.5-meter shaft, and 3-levels at 46-meters, 84-met ers and 122-

meters depths.

*This historical resource estimate is based on prior data and reports obtained and prepared by previous operators, and information

provided by governmental authorities. A Qualified P erson has not done sufficient work to verify the cl assification of the mineral

resource estimates in accordance with current CIM categories. The Company is not treating the historical estimate as a current NI

43-101-compliant mineral resource estimate. Establi shing a current mineral resource estimate on the Li ngman Lake deposit will

require further evaluation, which the Company and i ts consultants intend to complete in due course. Ad ditional information

regarding historical resource estimates is availabl e in the technical report entitled, “Technical Repo rt on the Lingman Lake

Property” dated December 20, 2013, prepared by Walt er Hanych, P.Geo., and Frank Racicot, P.Geo., available on the Company’s

SEDAR profile at www.sedar.com

To find out more about Signature Resources Limited, visit our website at www. signatureresources .ca , or contact:

Walter Hanych

Chief Executive Officer

705.445.0184

Cautionary Notes

Neither 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 news release.

This news release contains forward-looking statemen ts which are not statements of historical fact. For ward-looking

statements include estimates and statements that de scribe the Company’s future plans, objectives or go als, including

words to the effect that the Company or management expects a stated condition or result to occur. Forw ard-looking

statements may be identified by such terms as “beli eves”, “anticipates”, “expects”, “estimates”, “may” , “could”,

“would”, “will”, or “plan”. Since forward-looking s tatements are based on assumptions and address futu re events

and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based

on information currently available to the Company, the Company provides no assurance that actual results will meet

management’s expectations. Risks, uncertainties and other factors involved with forward-looking inform ation could

cause actual events, results, performance, prospect s and opportunities to differ materially from those expressed or

implied by such forward-looking information. Forwar d looking information in this news release includes , but is not

limited to, the Company’s objectives, goals or futu re plans, statements, exploration results, potentia l mineralization,

the estimation of mineral resources, exploration an d mine development plans, timing of the commencemen t of

operations and estimates of market conditions. Fact ors that could cause actual results to differ mater ially from such

forward-looking information include, but are not li mited to failure to identify mineral resources, fai lure to convert

estimated mineral resources to reserves, the inabil ity to complete a feasibility study which recommend s a production

decision, the preliminary nature of metallurgical t est results, delays in obtaining or failures to obt ain required

governmental, environmental or other project approv als, political risks, inability to fulfill the duty to accommodate

First Nations and other indigenous peoples, uncertainties relating to the availability and costs of financing needed in

the future, changes in equity markets, inflation, c hanges in exchange rates, fluctuations in commodity prices, delays

in the development of projects, capital and operati ng costs varying significantly from estimates and t he other risks

involved in the mineral exploration and development industry, and those risks set out in the Company’s public

documents filed on SEDAR. Although the Company beli eves that the assumptions and factors used in prepa ring the

forward-looking information in this news release ar e reasonable, undue reliance should not be placed o n such

information, which only applies as of the date of t his news release, and no assurance can be given tha t such events

will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation t o update or

revise any forward-looking information, whether as a result of new information, future events or otherwise, other than

as required by law.