Consolidated Westview Completes Private Placement and Debt Settlement

Suite 610, 815 West Hastings Street

Vancouver, BC, V6C 1B4

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IN THE UNITED STATES

CONSOLIDATED WESTVIEW COMPLETES PRIVATE PLACEMENT

AND DEBT SETTLEMENT

July 20, 2017 – Vancouver, B.C. – Consolidated Westview Resource Corp. (TSXV: CWS.H) (the “Company”)

announces that it has completed the private placement financing and debt settlement previously announced on May

9, 2017.

Pursuant to the private placement (the “Private Placement”), the Company has issued a total of 260,000 common

shares at a price of $0.27 per share for gross proceeds of $ 70,200. The net proceeds of the Private Placement will

be used for general corporate and working capital purposes.

The Company has also issued a total of 1,800,832 common shares at a deemed price of $0.27 per share in

settlement of outstanding indebtedness totaling $486,225 (the “ Debt Settlement ”), of which an aggregate of

789,165 common shares were issued to the directors and officers of the Company (the “Insiders”) in settlement of

$213,075 of indebtedness.

The Debt Settlement with the Insiders constitute s a “related party transaction” for the purposes of Multilateral

Instrument 61-101, Protection of Minority Security Holder s in Special Transactions , and the Company has relied

upon exemptions from the requirement to obtain a formal valuation and seek minority shareholder approval for the

Debt Settlement on the basis that the fair market value of the Debt Settlement with the Insiders is less than 25% of

the Company’s current market capitalization.

All common shares issued in connection with the P rivate Placement and D ebt Settlement are subject to a four

month hold period expiring November 21, 2017.

Subject to Exchange approval , the Company now intends to proceed with the consolidation of its issued and

outstanding common shares on a 1.5 to 1.0 basis (the “ Consolidation”) as previously announced on May 9, 2017.

As a result of the Private Placement and Debt Settlement, there are currently 5,543,023 common shares of the

Company issued and outstanding, of which approximately 3,695,348 shares will be outstanding upon completion of

the Consolidation.

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 news release.

CAUTIONARY STAT EMENT REGARDING FORWARD -LOOKING INFORMATION: This new s release in cludes certain

"forward-looking statements" under applicable Canadian securities legislation. Forward -looking statements include, but are

not limited to, statements with respect to the proposed Consolidation of the Company’s issued and outstanding share capital .

Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered

reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and

future events to differ materially from those expressed or implied by such forward- looking statements. Such factors include,

but are not limited to: general business, economic and competitive uncertainties; volatility of capital markets, delay or failure

to receive regulatory approvals and the additional risks identified in our continuous disclosure filings with Canadian securities

regulators at www.sedar.com. There can be no assur ance that the share consolidation and debt settlement will proceed on the

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basis set forth in this news release or at all and that such statements will prove to be accurate, as actual results and future

events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance

on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward -looking

statements, whether as a result of new information, future events or otherwise, except as required by law.

ON BEHALF OF CONSOLIDATED WESTVIEW RESOURCE CORP.

“Richard Silas”

Richard Silas, President and Director

FOR FURTHER INFORMATION PLEASE CONTACT:

Richard Silas, President

Tel: 778-588-7139

Email: [email protected]