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Zephyr announces results of annual and special meeting of shareholders and announces new director

Management Changes Shareholder Meetings

Zephyr announces results of annual and

special meeting of shareholders and

announces new director

Trading Symbol: TSX-V: ZFR OTC: ZPHYF

Shares Outstanding: 48,742,620

HALIFAX

,

May 31, 2019

/CNW/ - Zephyr Minerals Ltd. ("

Zephyr

" or the "

Corporation

") (TSXV:

ZFR) is pleased to announce that at the annual and special meeting of the Corporation's

shareholders held on

May 30, 2019

, the shareholders re-elected

Will Felderhof

,

Loren Komperdo

,

John Clark

,

David Felderhof

and

Scott Rhodenizer

and elected

John F. (Ted) Grant

as directors of

the Corporation to hold office until their successors are duly elected or appointed.

David Grand

did

not re-offer to serve as a director of the Corporation for the forthcoming year due to time

commitments. The Corporation would like to thank Mr. Grand for his valued contributions to Zephyr

since joining the board in 2013.

The Corporation is pleased to welcome

Ted Grant

as a director. Mr. Grant of

Halifax, Nova Scotia

,

is co-founder and President of Fundy Drinks Ltd., a beverage bottling company. Prior to that Mr.

Grant served as the Chief Product Officer for Truleaf Plant Science, a sustainable food agricultural

company in partnership with McCain Foods. Over the last decade, Mr. Grant has held positions on

five continents in both private business and academia, including a senior role as Academic Chair with

the

Nova Scotia Community

College. Mr. Grant brings extensive board governance experience,

having served in numerous board seats over the last 12 years.

In addition, in accordance with the rules and policies of the TSX Venture Exchange, the

Corporation's shareholders re-approved Zephyr's "rolling" incentive stock option plan. The

Corporation's shareholders also re-appointed

Wasserman Ramsey

, Chartered Accountants, as the

Corporation's auditor to hold office until the next annual meeting of shareholders or until its

successor is duly appointed, and the directors of the Corporation were authorized by shareholders

to fix the auditor's remuneration.

About Zephyr Minerals Ltd.

Zephyr Minerals Ltd. continues to advance its 100% owned high grade Dawson-Green Mountain

Project in

Colorado, USA

. After expanding its land package to 1,388 hectares (3,430 acres) the

company now controls a 12.2 kilometer (7.5 mile) mineralized trend which is prospective for Broken

Hill-type silver-lead-zinc deposits and gold.

To be included in the Zephyr email database for Company updates please contact

[email protected]

, or visit our website

www.zephyrminerals.com

for more information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

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

release. This press release contains forward-looking statements.

SOURCE

Zephyr Minerals Ltd.

View original content:

http://www.newswire.ca/en/releases/archive/May2019/31/c2570.html

%SEDAR: 00030509E

For further information:

please contact: Loren Komperdo, President & CEO or David Felderhof,

Exec. VP & Director, Zephyr Minerals Ltd, T: 902 446-4189, F: 866 941-4715

CO: Zephyr Minerals Ltd.

CNW 09:25e 31-MAY-19