Galileo Exploration Ltd. Extends Warrant Expiry Date

Galileo

EXPLORATION LTD.

GALILEO EXPLORATION LTD. EXTENDS WARRANT EXPIRY DATE

VANCOUVER, BC – November 2, 2017

Galileo Exploration Ltd. (TSX Vent ure Exchange: GXL) (the " Company") is seeking approval

from the TSX Venture Exchange to extend the term of certain warrants which would

otherwise expire on November 12, 2017.

The Board of Directors has approved the extension of 758,000 warrants granted on

November 12, 2015, with the origin al expiry date of November 12, 2017. Upon TSX Venture

Exchange approval, the warrants will be extended to expire on November 12, 2018, with each

warrant entitling the holder to purchase one common share of the Company at $0. 10 per

share.

ON BEHALF OF GALILEO EXPLORATION LTD.

"Ron Rieder"

Ronald A. Rieder CEO/President

Galileo Exploration Ltd.

407 - 325 Howe Street

Vancouver, BC

V6C 1Z7

Tel: (604) 629-1929

Fax: (604) 629-1930

FORWARD-LOOKING STATEMENTS

This news release contains “forward -looking statements” within the meaning of Canadian securities legislation. These include,

without limitation, statements with respect to: the strategic plans, timing and expectations for the Company’s exploration and drilling

programs on the Majuba Hill property, geological interpretations, mineral estimates and sampling results. Such forward -looking

statements or information are based on a number of assumptions, which may prove to be incorrect. Assumptions have been made

regarding, among other things: the conditions in general economic and financial markets; availability of skilled labour; timi ng and

amount of expenditures related to exploration and drilling programs; interpretations of mineral estimates; and effects of r egulation

by governmental agencies.

The actual results could differ materially from those anticipated in these forward -looking statements as a result of risk factors

including: the timing and content of work programs; results of exploration activities; th e interpretation of drilling results and other

geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks;

project cost overruns or unanticipated costs and expenses; and general marke t and industry conditions. Forward -looking statements

are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions

used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise

and, as such, readers are cautioned not to place undue reliance on these forward -looking statements, which speak only as of the date

the statements were made. The Company undertakes no obligation to update or revise any forward -looking statements included in

this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by

applicable law.

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.