Killdeer Minerals Inc. Announces Effective Date of Share Consolidation

Vancouver, January 16, 2015 – Killdeer Minerals Inc. – KMI: TSX.V (“Killdeer”) (the “Company”) is pleased to announce that the consolidation of the common shares of the Company (the "Common Shares") approved by the Company’s Board of Directors on November 19, 2014, on the basis of a consolidation ratio of ten (10) pre-consolidation Common Shares for one (1) post-consolidation Common Share (the "Share Consolidation"), will become effective on January 19, 2015 (the "Effective Date"). The Company has received final acceptance by the TSX Venture Exchange ("TSX.V") to effect the Share Consolidation. The post-consolidation Common Shares are expected to begin trading on the TSX.V at the opening of market on January 19, 2015, under the existing stock symbol "KMI" on the TSX.V. The new CUSIP number is 494115207.

Pursuant to the Share Consolidation, each ten (10) Common Shares issued and outstanding immediately prior to January 19, 2015 will automatically be classified, without any action of the holder thereof, into one (1) Common Share. No fractional Common Shares will be issued pursuant to the Share Consolidation. As a result of the Share Consolidation, the number of issued and outstanding Common Shares will be reduced from 22,530,138 to 2,253,013.

On behalf of the Board of Directors

KILLDEER MINERALS INC.

Signed “Stan Szary”

Chief Executive Officer

Suite 312 – 744 West Hastings St. Vancouver, B.C. Canada V6C 1A5 Tel: (604) 685-6989 | Fax: (604) 685-6961