(TSX Venture Exchange – NEX – SVO.H) Savoy Ventures Inc. – Closes Private Placement

PRESS RELEASE

SAVOY VENTURES INC.

(the “Company”)

(TSX Venture Exchange – NEX – SVO.H)

Savoy Ventures Inc. – Closes Private Placement

March 30, 2017

Savoy Ventures Inc. (TSX Venture Exchange - NEX (“NEX”)) - The Company announces that it has closed

its’ private placement of 5,000,000 units at a price of $0.0 6 per unit for total proceeds of $ 300,000. The

proceeds will be used for general working capital, retirement of debts , expenses of this issue and to fund

administrative expenses. The private placement is subject to Regulatory approval. Each unit is comprised

of one common share and one transferable warrant exercisable at $0. 08 for 12 months from the da te of

closing. All securities have been issued with a legend expiring August 1, 2017. Finder’s fees of $27,300

are payable in connection with this placement.

On Behalf of the Board

“Glen Macdonald”

Glen Macdonald

Director

For further information, please contact:

Glen Macdonald

Phone: (604) 719-8129

Email: [email protected]

NEX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Forward-looking Statements

This news release may contain certain forward-looking statements that reflect the current views and/or expectations of management

with respect to performance, business and future events, including but not limited to express or implied statements and assumptions

regarding the Company. Forward -looking statements are based on the then -current expectations, beliefs, assumptions, estimates

and forecasts about the business and the industry and markets in which the Company operates. Forward-looking statements are not

guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. These risks , as

well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on

forward-looking statements and information, which are qualified in their entirety by this cautionary statement. The Company does

not undertake any obligations to release publicly any revisions for updating any voluntary forward -looking statements, except as

required by applicable securities law.