spearmintresources

Spearmint Resources Inc. (“SRJ” or the “Company”) (SRJ—TSX.V) (SPMTD—OTCBB) (A2AHL5–FSE) is pleased to announce that the first phase of exploration drilling has been completed on it’s Clayton Valley Lithium Prospect and has intersected lithium as high as 1,670 ppm Li.  The three holes drilled into the clay formation all intersected lithium.  Hole 1 had a range of 1670-396 ppm Li over 270 feet averaging 835 ppm Li, including 35 feet averaging 1,140 ppm Li.  Hole 2 had a range of 1570-250 ppm Li averaging 642 ppm Li over 220 feet including 20 feet of 925 ppm Li.  Hole 3 had a range of 1280-429 ppm Li averaging 772 ppm Li over 195 feet including 998 ppm Li over 20 feet.

James Nelson, President of Spearmint states, “We are very pleased to have achieved strong lithium numbers on our first drill program.  We are now planning a follow up work program to build on this project and to try and step out to build on the potential resource.  This project is located in the Clayton Valley, home of the largest Lithium production in the USA and bordering Pure Energy Minerals Ltd (PE—Tsx.v) who have a lithium supply agreement with Tesla (TSLA—Nasdaq). Lithium demand is extremely strong right now on the backs of the global explosion in the Electric Vehicle industry.  We are very optimistic about what this project could mean to the future of Spearmint and eagerly look forward to what will transpire.”

Spearmint’s current projects include a portfolio of lithium projects. The ‘Clayton Valley Lithium Prospects’ in Nevada comprise of two claim blocks totalling 800-acres bordering Pure Energy Minerals (PE.v) & Cypress Development Corp. (CYP.v). Spearmint also has two lithium projects in Quebec, including the 4,485-acre ‘Pressiac Lithium Prospect’ and the 2,636-acre ‘Whabouchi Lakes West Lithium Prospect’ in the vicinity of Nemaska Lithium Inc. (NMX.t) & Critical Elements Corp. (CRE.v).

Spearmint’s ‘Chibougamau Vanadium Prospects’ comprise of four separate claim blocks totalling 9,735-acres bordering, or in the direct vicinity of, the vanadium deposit of BlackRock Metal’s (private) Ilmenite vanadium project, Vanadiumcorp Resource Inc. (VRB.v) and Vanadium One Energy Corp. (VONE.v).

Spearmint’s current projects also include three areas of focus on gold in British Columbia; the ‘Golden Triangle Gold Prospects’ comprising of four separate claim blocks totaling 4,095-acres bordering GT Gold Corp (GTT.v), the ‘Gold Mountain Prospects’ comprising of three separate claim blocks totaling 1,245-acres bordering Barkerville Gold Mines (BGM.v), and the 3,052 acre ‘Neba Prospect’ bordering Aben Resources Ltd (ABN.v). Spearmint’s 8,482 acre ‘EL North’ Nickel-Copper Prospect is a contiguous land package that includes the ‘EL North, EL North 2 and the BUDDY claims’ in the Eskay Creek Camp bordering Garibaldi Resources Corp (GGI.v). Spearmint’s 1,500 acre ‘WHY WEST’ Magnesium project near Rossland, BC directly borders West High Yield Resources (WHY.v).

Frank Bain, PGeo and qualified technical person has reviewed this news release and approved the content.

If you would like to be added to Spearmint’s news distribution list, please send your email address to [email protected].

Contact Information

Tel: 1604646-6903

www.spearmintresources.ca

“James Nelson”
President
Spearmint Resources Inc.

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.

Spearmint Resources Inc. (“SRJ” or the “Company”) (SRJ—TSX.V) (SPMTD—OTCBB) (A2AHL5–FSE) wishes to announce that the first phase of exploration drilling has been completed on the Clayton Valley Lithium Prospect.  Two 300 foot reverse circulation drill holes and one 300 foot core hole were successfully completed.  These holes were designed to test an  outcropping green clay that was previously sampled (March 13, 2017). All drill holes penetrated the lithium bearing green clay section that was targeted. The drill samples have been shipped to ALS labs in Reno and we are currently awaiting assay results.  We anticipate results back shortly.

James Nelson, President of Spearmint states, “We are very pleased to have completed this first phase of the drill program.  We encountered the targeted green clay in each hole and we eagerly anticipate the results from the lab. This area has been overlooked for Lithium bearing clay/mud hosted formations and we are looking forward to proving up the concept that management has laid out to fully evaluate this lithium asset.  This property lies directly east of Albemarle’s Lithium mine.  Please refer to the map.”

Spearmint’s current projects include a portfolio of lithium projects. The ‘Clayton Valley Lithium Prospects’ in Nevada comprise of two claim blocks totalling 800-acres bordering Pure Energy Minerals (PE.v) & Cypress Development Corp. (CYP.v). Spearmint also has three lithium projects in Quebec, including the 4,485-acre ‘Pressiac Lithium Prospect’, the 524-acre ‘Whabouchi Lakes Lithium Prospect’, and the 2,636-acre ‘Whabouchi Lakes West Lithium Prospect’ in the vicinity of Nemaska Lithium Inc. (NMX.t) & Critical Elements Corp. (CRE.v). 

Spearmint’s ‘Chibougamau Vanadium Prospects’ comprise of five separate claim blocks totalling 9,735-acres bordering, or in the direct vicinity of, the vanadium deposit of BlackRock Metal’s (private) Ilmenite vanadium project, Vanadiumcorp Resource Inc. (VRB.v) and Vanadium One Energy Corp. (VONE.v).

Spearmint’s current projects also include three areas of focus on gold in British Columbia; the ‘Golden Triangle Gold Prospects’ comprising of four separate claim blocks totaling 4,095-acres bordering GT Gold Corp (GTT.v), the ‘Gold Mountain Prospects’ comprising of three separate claim blocks totaling 1,245-acres bordering Barkerville Gold Mines (BGM.v), and the 3,052 acre ‘Neba Prospect’ bordering Aben Resources Ltd (ABN.v). Spearmint’s 8,482 acre ‘EL North’ Nickel-Copper Prospect is a contiguous land package that includes the ‘EL North, EL North 2 and the BUDDY claims’ in the Eskay Creek Camp bordering Garibaldi Resources Corp (GGI.v). Spearmint’s 1,500 acre ‘WHY WEST’ Magnesium project near Rossland, BC directly borders West High Yield Resources (WHY.v).

Frank Bain, PGeo and qualified technical person has reviewed this news release and approved the content.

If you would like to be added to Spearmint’s news distribution list, please send your email address to [email protected].

Contact Information

Tel: 1604646-6903

www.spearmintresources.ca

“James Nelson”
President
Spearmint Resources Inc.

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.

Spearmint Resources Inc. (“SRJ” or the “Company”) (SRJ—TSX.V) (SPMTD—OTCBB) (A2AHL5–FSE) wishes to announce that the first drill hole has been completed, reverse circulation hole, SMR-1.  The hole was TD’ed at 340 feet and penetrated a thick section, approximately 250 feet, of the targeted clay.  Samples from SMR-1 were rushed to Reno for immediate assaying.  Drilling now continues on hole 2.  Spearmints Lithium Project drilling calls for 3 wells testing the green clay formation and 1 deep well testing the deep brine target located less than 1/2 mile east of a Pure Energy Minerals exploration hole that was completed as a production well.

James Nelson, President of Spearmint states, “We are pleased that the first hole has intersected the targeted lithium bearing clays.  We look forward to what the assay results will return and look forward to next 3 holes.”

Spearmint’s current projects include a portfolio of lithium projects. The ‘Clayton Valley Lithium Prospects’ in Nevada comprise of two claim blocks totalling 800-acres bordering Pure Energy Minerals (PE.v) & Cypress Development Corp. (CYP.v). Spearmint also has three lithium projects in Quebec, including the 4,485-acre ‘Pressiac Lithium Prospect’, the 524-acre ‘Whabouchi Lakes Lithium Prospect’, and the 2,636-acre ‘Whabouchi Lakes West Lithium Prospect’ in the vicinity of Nemaska Lithium Inc. (NMX.t) & Critical Elements Corp. (CRE.v).

Spearmint’s ‘Chibougamau Vanadium Prospects’ comprise of five separate claim blocks totalling 9,735-acres bordering, or in the direct vicinity of, the vanadium deposit of BlackRock Metal’s (private) Ilmenite vanadium project, Vanadiumcorp Resource Inc. (VRB.v) and Vanadium One Energy Corp. (VONE.v).

Spearmint’s current projects also include three areas of focus on gold in British Columbia; the ‘Golden Triangle Gold Prospects’ comprising of four separate claim blocks totaling 4,095-acres bordering GT Gold Corp (GTT.v), the ‘Gold Mountain Prospects’ comprising of three separate claim blocks totaling 1,245-acres bordering Barkerville Gold Mines (BGM.v), and the 3,052 acre ‘Neba Prospect’ bordering Aben Resources Ltd (ABN.v). Spearmint’s 8,482 acre ‘EL North’ Nickel-Copper Prospect is a contiguous land package that includes the ‘EL North, EL North 2 and the BUDDY claims’ in the Eskay Creek Camp bordering Garibaldi Resources Corp (GGI.v). Spearmint’s 1,500 acre ‘WHY WEST’ Magnesium project near Rossland, BC directly borders West High Yield Resources (WHY.v).

Frank Bain, PGeo and qualified technical person has reviewed this news release and approved the content.

If you would like to be added to Spearmint’s news distribution list, please send your email address to [email protected].

Contact Information

Tel: 1604646-6903

www.spearmintresources.ca

“James Nelson”
President
Spearmint Resources Inc.

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.

Spearmint Resources Inc. (“SRJ” or the “Company”) (SRJ—TSX.V) (SPMTD—OTCBB) (A2AHL5–FSE) is very pleased to announce that the first drill program on Spearmints Lithium Project in the world-renowned lithium basin in Clayton Valley, Nevada has now commenced.  The plan calls for 3 wells testing the green clay formation and 1 deep well testing the deep brine target located less than 1/2 mile east of a Pure Energy Minerals exploration hole that was completed as a production well.

James Nelson, President of Spearmint states, “We are very pleased to commence this multi-hole and multi-target lithium drill program.  The Clayton Valley is home to the only brine deposit in production in North America and we are optimistic about being directly bordering this producing basin.  The lithium market is seeing strong internal drivers such as the electric car battery growth and battery sector.  This project is in the same state as the Tesla Gigafactory and we are drilling into the same basin that Tesla has an agreement for lithium with.  We have just completed a financing so we are fully cashed up to undertake this initial drill program for lithium and we also expect to be active in Quebec for Vanadium and in the Golden Triangle of BC for potentially gold, nickel and magnesium.  2018 will be one of the most active years in recent history for Spearmint and we are very enthusiastic about what will transpire.”

Spearmint’s current projects include a portfolio of lithium projects. The ‘Clayton Valley Lithium Prospects’ in Nevada comprise of two claim blocks totalling 800-acres bordering Pure Energy Minerals (PE.v) & Cypress Development Corp. (CYP.v). Spearmint also has three lithium projects in Quebec, including the 4,485-acre ‘Pressiac Lithium Prospect’, the 524-acre ‘Whabouchi Lakes Lithium Prospect’, and the 2,636-acre ‘Whabouchi Lakes West Lithium Prospect’ in the vicinity of Nemaska Lithium Inc. (NMX.t) & Critical Elements Corp. (CRE.v).

Spearmint’s ‘Chibougamau Vanadium Prospects’ comprise of five separate claim blocks totalling 9,735-acres bordering, or in the direct vicinity of, the vanadium deposit of BlackRock Metal’s (private) Ilmenite vanadium project, Vanadiumcorp Resource Inc. (VRB.v) and Vanadium One Energy Corp. (VONE.v).

Spearmint’s current projects also include three areas of focus on gold in British Columbia; the ‘Golden Triangle Gold Prospects’ comprising of four separate claim blocks totaling 4,095-acres bordering GT Gold Corp (GTT.v), the ‘Gold Mountain Prospects’ comprising of three separate claim blocks totaling 1,245-acres bordering Barkerville Gold Mines (BGM.v), and the 3,052 acre ‘Neba Prospect’ bordering Aben Resources Ltd (ABN.v). Spearmint’s 8,482 acre ‘EL North’ Nickel-Copper Prospect is a contiguous land package that includes the ‘EL North, EL North 2 and the BUDDY claims’ in the Eskay Creek Camp bordering Garibaldi Resources Corp (GGI.v). Spearmint’s 1,500 acre ‘WHY WEST’ Magnesium project near Rossland, BC directly borders West High Yield Resources (WHY.v).

If you would like to be added to Spearmint’s news distribution list, please send your email address to [email protected].

Contact Information

Tel: 1604646-6903

www.spearmintresources.ca

“James Nelson”
President
Spearmint Resources Inc.

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.

Spearmint Resources Inc. (“SRJ” or the “Company”) (SRJ—TSX.V) (SPMTD—OTCBB) (A2AHL5–FSE) is pleased to announce that it has engaged Harris Exploration Drilling and Associates Inc to drill the Clayton Valley Lithium Prospect.  Harris Drilling has had extensive experience drilling in the Clayton Valley lithium clays and brines, in recovering core in unconsolidated lake bed sediments, and in lithium brine testing with their own special geoprobe wire line instrument proprietary to Harris Drilling.

James Nelson, President States, “We are very pleased to have the top drillers in Clayton Valley on our team.  Harris has drilled a significant amount of lithium wells in the past 5 years including a large portion of the Pure Energy Minerals Ltd (PE—TSX.v) wells.  We anticipate the commencement of drilling shortly and look forward to this phase of corporate growth.

Now that we have closed our financing we are able to commence operations on multiple projects.”

Spearmint’s current projects include a portfolio of lithium projects. The ‘Clayton Valley Lithium Prospects’ in Nevada comprise of two claim blocks totalling 800-acres bordering Pure Energy Minerals (PE.v) & Cypress Development Corp. (CYP.v). Spearmint also has three lithium projects in Quebec, including the 4,485-acre ‘Pressiac Lithium Prospect’, the 524-acre ‘Whabouchi Lakes Lithium Prospect’, and the 2,636-acre ‘Whabouchi Lakes West Lithium Prospect’ in the vicinity of Nemaska Lithium Inc. (NMX.t) & Critical Elements Corp. (CRE.v).

Spearmint’s ‘Chibougamau Vanadium Prospects’ comprise of five separate claim blocks totalling 9,735-acres bordering, or in the direct vicinity of, the vanadium deposit of BlackRock Metal’s (private) Ilmenite vanadium project, Vanadiumcorp Resource Inc. (VRB.v) and Vanadium One Energy Corp. (VONE.v).

Spearmint’s current projects also include three areas of focus on gold in British Columbia; the ‘Golden Triangle Gold Prospects’ comprising of four separate claim blocks totaling 4,095-acres bordering GT Gold Corp (GTT.v), the ‘Gold Mountain Prospects’ comprising of three separate claim blocks totaling 1,245-acres bordering Barkerville Gold Mines (BGM.v), and the 3,052 acre ‘Neba Prospect’ bordering Aben Resources Ltd (ABN.v). Spearmint’s 8,482 acre ‘EL North’ Nickel-Copper Prospect is a contiguous land package that includes the ‘EL North, EL North 2 and the BUDDY claims’ in the Eskay Creek Camp bordering Garibaldi Resources Corp (GGI.v). Spearmint’s 1,500 acre ‘WHY WEST’ Magnesium project near Rossland, BC directly borders West High Yield Resources (WHY.v).

If you would like to be added to Spearmint’s news distribution list, please send your email address to [email protected].

Contact Information

Tel: 1604646-6903

www.spearmintresources.ca

“James Nelson”
President
Spearmint Resources Inc.

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.

Spearmint Resources Inc. (“SRJ” or the “Company”) (SRJ—TSX.V) (SPMTD—OTCBB) (A2AHL5–FSE) is pleased to announce that it has received the NOI (Notice of Intent to Drill) from the State of Nevada Commission On Mineral Resources to drill it’s 100 percent owned Clayton Valley lithium project.

James Nelson, President States, “Now that we have closed our financing we are able to commence operations on multiple projects.  We are pleased that we have received the approval for our drilling in Clayton Valley for Lithium.  We anticipate commencing work in the first quarter 2018.”

Spearmint’s current projects include a portfolio of lithium projects. The ‘Clayton Valley Lithium Prospects’ in Nevada comprise of two claim blocks totalling 800-acres bordering Pure Energy Minerals (PE.v) & Cypress Development Corp. (CYP.v). Spearmint also has three lithium projects in Quebec, including the 4,485-acre ‘Pressiac Lithium Prospect’, the 524-acre ‘Whabouchi Lakes Lithium Prospect’, and the 2,636-acre ‘Whabouchi Lakes West Lithium Prospect’ in the vicinity of Nemaska Lithium Inc. (NMX.t) & Critical Elements Corp. (CRE.v).

Spearmint’s ‘Chibougamau Vanadium Prospects’ comprise of five separate claim blocks totalling 9,735-acres bordering, or in the direct vicinity of, the vanadium deposit of BlackRock Metal’s (private) Ilmenite vanadium project, Vanadiumcorp Resource Inc. (VRB.v) and Vanadium One Energy Corp. (VONE.v).

Spearmint’s current projects also include three areas of focus on gold in British Columbia; the ‘Golden Triangle Gold Prospects’ comprising of four separate claim blocks totaling 4,095-acres bordering GT Gold Corp (GTT.v), the ‘Gold Mountain Prospects’ comprising of three separate claim blocks totaling 1,245-acres bordering Barkerville Gold Mines (BGM.v), and the 3,052 acre ‘Neba Prospect’ bordering Aben Resources Ltd (ABN.v). Spearmint’s 8,482 acre ‘EL North’ Nickel-Copper Prospect is a contiguous land package that includes the ‘EL North, EL North 2 and the BUDDY claims’ in the Eskay Creek Camp bordering Garibaldi Resources Corp (GGI.v). Spearmint’s 1,500 acre ‘WHY WEST’ Magnesium project near Rossland, BC directly borders West High Yield Resources (WHY.v).

If you would like to be added to Spearmint’s news distribution list, please send your email address to [email protected].

Contact Information

Tel: 1604646-6903

www.spearmintresources.ca

“James Nelson”
President
Spearmint Resources Inc.

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.

Spearmint Resources Inc. (“SRJ” or the “Company”) (SRJ—TSX.V) (SPMTD—OTCBB) (A2AHL5–FSE) announces that it has closed a non-brokered private placement (December 7 & December 13, 2018).

James Nelson, President states, “We are pleased and grateful to our shareholders for the response to this placement.  We are now fully cashed up to undertake multiple work programs in Nevada, Quebec and BC.  We plan to commence operations this month and look forward to very active 2018.”

Terms of the placement consists of 3,833,845 flow-through units (the “FT Units”) at $0.065 per FT unit for gross proceeds of $249,200, as well as 15,000,0000 non flow-through units (the “NFT Units”) at a price of $0.05 per NFT Unit for total proceeds of $750,000.  Each FT Unit will consist of one flow-through common share (a “FT Share”) and one non-flow through transferable share purchase warrant (a “FT Warrant”).  Each FT Warrant will entitle the holder to purchase one non-flow through common share (a “FT Warrant Share”) at a price of $0.10 until January 29, 2020.  Each NFT unit will consist of one common share (a “NFT Share”) and one transferable share purchase warrant (a “NFT Warrant”).  Each NFT Warrant is exercisable to purchase an additional common share (a “NFT Warrant Share”) at a price of $0.08 until January 29, 2021.

An aggregate finders’ fee of $35,376 and 629,908 Broker Warrants was paid in connection with the private placement.  The B Warrants are each exercisable at $0.10 per share until January 29, 2020.  All the securities issued in connection with this private placement have a hold period that expires on May 30, 2018. Proceeds will be used toward the Company’s working capital, a work program in Nevada, as well as work on the BC Golden Triangle properties and the Quebec vanadium assets. The private placement is subject to final approval of the TSX Venture Exchange and was originally announced on December 7, 2018, and amended on December 13, 2018.

If you would like to be added to Spearmint’s news distribution list, please send your email address to [email protected].

Contact Information

Tel: 1604646-6903

www.spearmintresources.ca

“James Nelson”
President
Spearmint Resources Inc.

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.

Spearmint Resources Inc. (“SRJ” or the “Company”) (SRJ—TSX.V) (SPMTD—OTCBB) is pleased to announce that all resolutions presented at the Company’s annual general meeting held on Thursday, December 14, 2017.

The directors elected to serve for the ensuing year are Gregory Thomson, Dennis Aalderink and James Nelson.

James Nelson, President, states, “We are pleased to have Dennis join the board. We also anticipate a very active 2018 as we plan to be operational on the Clayton Valley Lithium projects early in 2018.”

Spearmint’s current projects include a portfolio of lithium projects in the Clayton Valley of Nevada, comprising of two claim blocks totaling 800-acres bordering Pure Energy Minerals (PE.v) & Cypress Development Corp. (CYP.v).  We also have three lithium projects in Quebec, including the 4,485-acre ‘Pressiac Lithium Prospect’, the 524-acre ‘Whabouchi Lakes Lithium Prospect’, and the 2,636-acre ‘Whabouchi Lakes West Lithium Prospect’ in the vicinity of Nemaska Lithium Inc. (NMX.t) & Critical Elements Corp. (CRE.v).

Spearmint’s ‘Chibougamau Vanadium Prospects’ comprise of five separate claim blocks totalling 9,735-acres bordering, or in the direct vicinity of, the vanadium deposit of BlackRock Metal’s (private) Ilmenite vanadium project, Vanadiumcorp Resource Inc. (VRB.v) and Vanadium One Energy Corp. (VONE.v).

Spearmint’s current projects also include three areas of focus on gold in British Columbia; the ‘Golden Triangle Gold Prospects’ comprising of four separate claim blocks totaling 4,095-acres bordering GT Gold Corp (GTT.v), the ‘Gold Mountain Prospects’ comprising of three separate claim blocks totaling 1,245-acres bordering Barkerville Gold Mines (BGM.v), and the 3,052 acre ‘Neba Prospect’ bordering Aben Resources Ltd (ABN.v). Spearmint’s 8,482 acre ‘EL North’ Nickel-Copper Prospect is a contiguous land package that includes the ‘EL North, EL North 2.

If you would like to be added to Spearmint’s news distribution list, please send your email address to [email protected]

Contact Information

Tel: 1604646-6903

www.spearmintresources.ca

“James Nelson”
President
Spearmint Resources Inc.

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release

Spearmint Resources Inc. (“SRJ” or the “Company”) (SRJ—TSX.V) (SPMTD—OTCBB) (A2AHL5–FSE) announces that it is amending the private placement announced December 7, 2017 to include additional security exemptions with respect to the Offering.  Terms of the placement is to issue up to 3,846,154 flow-through units (the “FT Units”) at a price of $0.065 per FT Unit for total gross proceeds of up to $250,000 and a private placement of up to 15,000,000 non flow-through units (the “NFT Units”) at a price of $0.05 per NFT Unit for total proceeds of $750,000.  Each FT Unit will consist of one flow-through common share (a “FT Share”) and one non-flow through transferable share purchase warrant (a “FT Warrant”).  Each FT Warrant will entitle the holder to purchase one non-flow through common share (a “FT Warrant Share”) at a price of $0.10 for two years from the closing date.  Each NFT unit will consist of one common share (a “NFT Share”) and one transferable share purchase warrant (a “NFT Warrant”).  Each NFT Warrant is exercisable to purchase an additional common share (a “NFT Warrant Share”) at a price of $0.08 for a period of three years from the closing date. The private placement is subject to approval of the TSX Venture Exchange.

Spearmint Resources plans to rely upon the existing security holder exemption (the “Existing Security Holder Exemption”) found in BC Instrument 45-534 Exemption from projectus requirement for certain trades to existing security holders (“BC Instrument 45-534”) and as further described in Multilateral CSA Notice 45-313 – Prospectus Exemption for Distributions to Existing Security Holders (published March 13, 2014) or analogous exemptions in each of the applicable permitted jurisdictions for shareholders of record as of December 7, 2017, as well as other exemptions.  As at the date hereof, the Existing Security Holder Exemption is available in each of the provinces of Canada, with the exception of Newfoundland and Labrador.  A finder’s fee may be paid in accordance with regulatory policies.

In addition to the Existing Security Holder Exemption and other available projectus exemptions, a portion or all of the Offering may be completed pursuant to Multilateral CSA Notice 45-318, Prospectus Exemption for Certain Distributions through an Investment Dealer (“CSA Notice 45-318”), and the corresponding blanket orders and rules implementing CSA Notice 45-318 in the participating jurisdictions in respect thereof.  As at the date hereof, the exemption available under CSA Notice 45-318 (the “Investment Dealer Exemption”) is available in each of Alberta, British Columbia, Saskatchewan, Manitoba and New Brunswick. Pursuant to CSA Notice 45-318, each subscriber relying on the Investment Dealer Exemption must obtain advice regarding the suitability of the investment from a registered investment dealer. There is no material fact or material change of the Company that has not been generally disclosed.

As required by BC Instrument 45-534 and CSA Notice 45-318, the attached table sets out the intended use of proceeds of the Offering on a percentage basis. The intended uses of proceeds and/or the Company’s development capital needs may vary based upon a number of factors.

Fund allocation is as follows:

Work program in Nevada                                                        30%

Work on BC golden Triangle Properties

and Quebec Vanadium                                                            25%

Working capital                                                                        45 %

——–

Total                                                                                        100%

——–

Unless the Company determines to increase the size of the Offering, if subscriptions received for the Offering based on all available exemptions exceed the Offering amount of $1,00,000, Units will be allocated pro rata amongst all subscribers qualifying under all available exemptions.

If you are an existing security holder or qualified person with respect to the Existing Security Holder Exemption or the Investment Dealer Exemption noted above and you have interest in this Offering please call or email the Company.

James Nelson, President of Spearmint states, “With this placement we will be in a position to immediately start work in Nevada on our lithium property and in Quebec on the vanadium assets.  Our neighbours have had success recently on the Nevada lithium clay and brine projects and we are very optimistic about our projects in Nevada.  Our vanadium assets in Quebec are all in the vicinity of BlackRock Metal’s (private) Ilmenite Vanadium Project.  We feel that lithium is at the forefront of the battery metals sector as the electric car market is exploding and that vanadium grid storage growth is in the early stages of a bull market.  We look forward to a very active 2018.”

If you have any questions regarding this placement, please feel free to call or email with any inquiries.  [email protected]  or 604 646 6903.

Spearmint’s current projects include a portfolio of lithium projects in the Clayton Valley of Nevada, comprising of two claim blocks totaling 800-acres bordering Pure Energy Minerals (PE.v) & Cypress Development Corp. (CYP.v).  We also have three lithium projects in Quebec, including the 4,485-acre ‘Pressiac Lithium Prospect’, the 524-acre ‘Whabouchi Lakes Lithium Prospect’, and the 2,636-acre ‘Whabouchi Lakes West Lithium Prospect’ in the vicinity of Nemaska Lithium Inc. (NMX.t) & Critical Elements Corp. (CRE.v).

Spearmint’s ‘Chibougamau Vanadium Prospects’ comprise of five separate claim blocks totalling 9,735-acres bordering, or in the direct vicinity of, the vanadium deposit of BlackRock Metal’s (private) Ilmenite vanadium project, Vanadiumcorp Resource Inc. (VRB.v) and Vanadium One Energy Corp. (VONE.v).

Spearmint’s current projects also include three areas of focus on gold in British Columbia; the ‘Golden Triangle Gold Prospects’ comprising of four separate claim blocks totaling 4,095-acres bordering GT Gold Corp (GTT.v), the ‘Gold Mountain Prospects’ comprising of three separate claim blocks totaling 1,245-acres bordering Barkerville Gold Mines (BGM.v), and the 3,052 acre ‘Neba Prospect’ bordering Aben Resources Ltd (ABN.v). Spearmint’s 8,482 acre ‘EL North’ Nickel-Copper Prospect is a contiguous land package that includes the ‘EL North, EL North 2.

If you would like to be added to Spearmint’s news distribution list, please send your email address to [email protected].

Contact Information

Tel: 1604646-6903

www.spearmintresources.ca

“James Nelson”
President
Spearmint Resources Inc.

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.

Spearmint Resources Inc. (“SRJ” or the “Company”) (SRJ—TSX.V) (SPMTD—OTCBB) (A2AHL5–FSE) announces that it intends to complete a private placement of up to 3,846,154 flow-through units (the “FT Units”) at a price of $0.065 per FT Unit for total gross proceeds of up to $250,000 and a private placement of up to 15,000,000 non flow-through units (the “NFT Units”) at a price of $0.05 per NFT Unit for total proceeds of $750,000.  Each FT Unit will consist of one flow-through common share (a “FT Share”) and one non-flow through transferable share purchase warrant (a “FT Warrant”).  Each FT Warrant will entitle the holder to purchase one non-flow through common share (a “FT Warrant Share”) at a price of $0.10 for two years from the closing date.  Each NFT unit will consist of one common share (a “NFT Share”) and one transferable share purchase warrant (a “NFT Warrant”).  Each NFT Warrant is exercisable to purchase an additional common share (a “NFT Warrant Share”) at a price of $0.08 for a period of three years from the closing date.

In connection with the private placement, the Company may pay finder’s fees in cash or securities or a combination of both, as permitted by the policies of the TSX Venture Exchange to applicable finders.

The proceeds will go towards forwarding our Nevada lithium property, Quebec vanadium properties, and  BC gold properties, and general working capital.

James Nelson, President of Spearmint states, “With this placement we will be in a position to immediately start work in Nevada on our lithium property and in Quebec on the vanadium assets.  Our neighbours have had success recently on the Nevada lithium clay and brine projects and we are very optimistic about our projects in Nevada.  Our vanadium assets in Quebec are all in the vicinity of BlackRock Metal’s (private) Ilmenite Vanadium Project.  We feel that lithium is at the forefront of the battery metals sector as the electric car market is exploding and that vanadium grid storage growth is in the early stages of a bull market.  We look forward to a very active 2018.”

If you have any questions regarding this placement, please feel free to call or email with any inquiries.  [email protected]

Spearmint’s current projects include a portfolio of lithium projects in the Clayton Valley of Nevada, comprising of two claim blocks totaling 800-acres bordering Pure Energy Minerals (PE.v) & Cypress Development Corp. (CYP.v).  We also have three lithium projects in Quebec, including the 4,485-acre ‘Pressiac Lithium Prospect’, the 524-acre ‘Whabouchi Lakes Lithium Prospect’, and the 2,636-acre ‘Whabouchi Lakes West Lithium Prospect’ in the vicinity of Nemaska Lithium Inc. (NMX.t) & Critical Elements Corp. (CRE.v).

Spearmint’s ‘Chibougamau Vanadium Prospects’ comprise of five separate claim blocks totalling 9,735-acres bordering, or in the direct vicinity of, the vanadium deposit of BlackRock Metal’s (private) Ilmenite vanadium project, Vanadiumcorp Resource Inc. (VRB.v) and Vanadium One Energy Corp. (VONE.v).

Spearmint’s current projects also include three areas of focus on gold in British Columbia; the ‘Golden Triangle Gold Prospects’ comprising of four separate claim blocks totaling 4,095-acres bordering GT Gold Corp (GTT.v), the ‘Gold Mountain Prospects’ comprising of three separate claim blocks totaling 1,245-acres bordering Barkerville Gold Mines (BGM.v), and the 3,052 acre ‘Neba Prospect’ bordering Aben Resources Ltd (ABN.v). Spearmint’s 8,482 acre ‘EL North’ Nickel-Copper Prospect is a contiguous land package that includes the ‘EL North, EL North 2.

If you would like to be added to Spearmint’s news distribution list, please send your email address to [email protected].

Contact Information

Tel: 1604646-6903

www.spearmintresources.ca

“James Nelson”
President
Spearmint Resources Inc.

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.