Signature Announces Appointment of Dr. Dimitrios Kostopoulos to Its Advisory Board

SIGNATURE RESOURCES LTD.

SIGNATURE ANNOUNCES APPOINTMENT OF DR. DIMITRIOS KOSTOPOULOS TO ITS

ADVISORY BOARD

FOR IMMEDIATE RELEASE May 8, 2018

Toronto, Ontario, May 8, 2018 – Signature Resources Ltd. (TSXV: SGU, OTCQB: SGGTF ) ("Signature" or the

"Company ") is pleased to announce that it has appoint Dr. D imitrios Kostopoulos to its advisory board.

Dr. Dimitrios Kostopoulos, is a professor of metamo rphic petrology and thermodynamics at the National and

Kapodistrian University of Athens, Greece, a mineral exploration consultant to Hellenic Mines SA (porphyry Cu-Μο -

Au, epithermal Au-Ag-Sb and ophiolitic chromitite) and a geopark development consultant to City and Region Planning

PC. Dimitri holds an MSc in ore deposits from Laur entian University, Sudbury, and a PhD in igneous ge ochemistry

from the University of Newcastle-upon-Tyne, UK. At Newcastle, he earned his degree working under the supervision of

two leading authorities on volcanic geochemistry and Cyprus-type VMS deposits at the time, Professors Julian Pearce

and Joe Cann respectively. Prof. Kostopoulos has over 25 years in mineral exploration in SE Europe and NE Africa, has

been a Shell UK Research Fellow at the University of Durham, UK, an Overseas Visiting Scholar at the University of

Cambridge, UK, and the Project Generation Leader for Eldorado Gold in Greece. Dimitri has been senior scientist in

several EU-funded projects, as well as invited rese archer, speaker and project evaluator by renowned i nstitutions in

Germany, Switzerland, France and the UK.

“We are proud to be adding someone of Dr. Kostopoul os’ caliber to our advisory board. We have had num erous

discussions with regards to our Lingman Lake Project, and felt he was the perfect fit for our organization”, stated Walter

Hanych, CEO.

Dr. Kostopoulos’ stated, “It is with pleasure that I announce my accepting the position offered to become a member of

the advisory board of Signature Resources. My decision was shaped upon reviewing the amount and consistency of past

work performed on the company’s Lingman Lake Project and exploring its future with CEO Mr. Walter Hanych over

the past eight months. The excellent level of communication built a frame of mutual appreciation, recognition and trust

that secured my decision to join the advisory board.

Signature is looking ahead to a very promising gold asset, which has the potential of developing into a significant

resource. Preliminary results of the recently completed airborne geophysical survey over the entire area of the company’s

claims strongly supports such an inference. The acq uired high-quality magnetic and electromagnetic dat a revealed

coincident VLF conductor axes and contacts of linear magnetic bodies delineating 12 high-priority target zones occurring

within a 16-km trend that follows the mineralized shear zone. These findings altogether clearly raise the original Lingman

Lake advanced stage project, to a different size cl ass, that of an exploration district. I am confiden t that a major gold

camp is going to emerge within the next 3-5 years.”

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.