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ZNX.V ·

ZincX Resources Corp. Announces Renewal of Normal Course Issuer Bid

Corporate Actions

FOR IMMEDIATE RELEASE

Contact: Investor Relations Tuesday, July 31, 2018

Phone (604) 684-2181 (No.2018-07-13)

[email protected]

ZincX Resources Corp. Announces Renewal of

Normal Course Issuer Bid

Vancouver, British Columbia – Tuesday, July 31, 201 8 – ZincX Resources Corp. (TSX Venture: ZNX) (the

“Company”) announces that it has filed a Form 5G with the TSX Venture Exchange (“TSXV”) and received

conditional approval to purchase at market price up to 8,287,534 common shares, being approximately 5% of the

Company’s issued and outstanding common shares, by way of a normal course issuer bid (the “Bid”) throu gh the

facilities of the TSXV. As of the date hereof, the re are 165,750,683 Common Shares of the Company iss ued and

outstanding. The Bid will commence on August 1, 201 8 and will stay open for 12 months. The Company pur chased

1,823,500 Common Shares under its existing Normal Course Issuer Bid over the past 12 months.

The Company is engaging in a normal course issuer b id because it believes that the market price of its common

shares does not properly reflect the underlying value of the Company. The purpose of the bid is to reduce dilution of

the Company’s shares and to enhance the potential future value of the common shares which remain outst anding,

thus increasing long term shareholder value. Purchases connected with this Bid will be conducted through Canaccord

Genuity Corp.’s offices in Vancouver. The Company will pay the market price of the common shares at t he time of

acquisition and will not purchase more than 2% of t he total issued and outstanding common shares withi n any 30

day period.

A copy of the Notice may be obtained by any shareho lder of the Company, without charge, by contacting the

Company’s head office.

Neither TSX Venture Exchange nor its Regulation Ser vices Provider (as that term is defined in the poli cies of the

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

ON BEHALF OF THE BOARD OF DIRECTORS

ZINCX RESOURCES CORP.

“PEEYUSH VARSHNEY”

PEEYUSH VARSHNEY, LL.B

CEO & CHAIRMAN