Dlv Resources Ltd. Announces $3.2 Million Financing

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DLV RESOURCES LTD.

SUITE 3123 - 595 BURRARD STREET

VANCOUVER, BC V7X 1J1

Tel: 604-609-6110 Fax: 604-609-6145

DLV RESOURCES LTD. ANNOUNCES $3.2 MILLION FINANCING

January 8, 2018 TSXV – DLV.H

Vancouver, British Columbia, January 8, 2018 – DLV Resources Ltd. (“DLV” or the “ Company”) (TSXV – DLV.H)

is pleased to announce a fully subscribed non-brokered private placement of up to 40 million Units (the “Unit”)

at a price of $0.08 per Unit for proceeds of $3,200,000. The private placement is subject to approval from the

TSX Venture Exchange.

Each Unit will consist of one common share of the Company and one common share purchase warrant of the

Company (a “Warrant”). Each Warrant will entitle the holder thereof to acquire one common share of the

Company at an exercise price of $0.11 for a period of 12 months from the date of issu ance. Proceeds will be

used for general working capital.

ON BEHALF OF DLV RESOURCES LTD.

“Geir Liland”

Geir Liland,

Chief Executive Officer

For further information, please contact:

Jasvir Kaloti

CFO & Corporate Secretary

Tel: (604) 609-6138

Neither the TSX Venture Exchange nor its Regulation Se rvices Provider (as that term is defined in the policies

of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.