TerraX expands Yellowknife City Gold field explorat ion program

September 12, 2017 TSX-V: TXR

Frankfurt: TX0

OTC Pink: TRXXF

News Release

TerraX expands Yellowknife City Gold field explorat ion program

Vancouver, September 12, 2017 - TerraX Minerals Inc. (TSX.V: TXR; Frankfurt: TX0; OTC: TRXXF) is pleased

to announce that it has budgeted an additional $1.8 Million in field exploration spending at the Yello wknife City

Gold project to follow up on promising exploration targets identified during the summer field work. T his work will

be carried out between now and the end of 2017 and will include extensive ground magnetic and induced polarized

(IP) surveys on new and established drill targets and comprehensive biogeochemical surveys over large areas of

the property covered by swamps and overburden.

So far this summer, TerraX has completed extensive surface exploration on the Yellowknife City gold project, with

over 5,000 surface and channel samples from numerous target areas having been delivered to the lab for analysis,

with assay results pending. Terrax has also compl eted electromagnetic, magnetic and radiometric geop hysical

surveys totaling approximately 3,200 line kilometre s and ground-based magnetic surveys on known high-g rade

gold zones in preparation for drilling later this season.

TerraX also wishes to advise that the exercise pric e of the 1,970,000 incentive stock options announce d on

September 8, 2017 should actually be $0.61 per shar e. The $0.51 per share price was reported in error . These

options will vest over an eighteen month period.

On behalf of the Board of Directors

"STUART ROGERS "

Stuart Rogers

Director

For more information, please contact:

Samuel Vella Paradox Public Relations Inc.

Manager of Corporate Communications Phone: 514 -341-0408

Phone: 604-689-1749

Toll-Free: 1-855-737-2684 Toll-Free: 1-866-46 0-0408

[email protected] [email protected]

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 release.

This news release contains forward-looking informat ion, which involves known and unknown risks, uncert ainties

and other factors that may cause actual events to d iffer materially from current expectation. Importan t factors -

including the availability of funds, the results of financing efforts, the completion of due diligence and the results

of exploration activities - that could cause actual results to differ materially from the Company's ex pectations are

disclosed in the Company's documents filed from tim e to time on SEDAR (see www.sedar.com ). Readers are

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

press release. The company disclaims any intention or obligation, except to the extent required by law , to update

or revise any forward-looking statements, whether as a result of new information, future events or oth erwise.