News

May 30, 2016 – Vancouver, B.C. – Spearmint Resources Inc. (the “Company” or “Spearmint”) (TSX-V:SRJ) is pleased to announce, further to its News Release of May 19, 2016, the completion of the acquisition of all of the outstanding common shares of a private arms’ length company (the “Vendor”) from the shareholders of the Vendor (the “Shareholders”) pursuant to the terms of a share purchase agreement dated May 17, 2016. The Vendor holds a 100% interest in the Preissac Lithium Property in Quebec.

Spearmint acquired all of the issued and outstanding common shares of the Vendor in consideration for the payment of $10,000 and the issuance of 8,000,000 common shares (the “Shares”) of the Company to the Shareholders.

Spearmint has also granted has granted 800,000 stock options at an exercise price of $0.05 to directors, officers and consultants for a five year term pursuant to its Rolling Stock Option Plan.

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

For further information, please contact:

Contact Information
Tel: 1-604-646-6906 www.spearmintresources.ca

“James Nelson”
Director
Spearmint Resources Inc.

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 of this release.

Spearmint Resources Inc. (“SRJ” or the “Company”) (SRJ—TSX.V) is pleased to announce that it has entered into a share purchase agreement to purchase all the outstanding common shares of a private arms’ length company (the “Vendor”), which holds a 100% interest in the Preissac Lithium Property in Quebec. The terms of the share purchase agreement require for the Company to pay $10,000 and issue 8,000,000 common shares to the Vendors. This transaction is pursuant TSX Exchange approval.

The vicinity of the Preissac Lithium Property contains multiple lithium showings. Less than 2km south of the Property are located the Aldous and the Authier showings. Those showings correspond to spodumene mineralization inside pegmatite dykes, with a lithium content up to 1.14% Li. Less than 3km north-east of the property is the Lac de Hauteur showing. Analysis reported by the MERN indicates anomalies in Ta, Nb and Li. Less than 6km south are the Cominco- Nickel, Marbridge, Ataman, Lamotte and Cubric showing. These showings are ultramafic formation, with content up to 3.65 Ni, with minor Cu, Zn and Mo.

Canada Lithium, located 25km east of the Property, has a Feasibility Study showing proven and probable reserves of 17.1 million tonnes grading 0.94% Lithium Oxide at 0.60% cut off with a strip ratio of 5.4:1 in addition of having a Lithium Carbonate plant recently built at a cost of $291.3 million. The plant is currently on care and maintenance due to bankruptcy filings. 1km southeast of the Property is located the Authier showing, containing over 5.8 million tonnes grading 0.53% Li. Both the Property and the Quebec Lithium Mine are hosted in a alkaline granite and monzogranite batholith. Beryl and molybdene showings are also located in the area.

Recently, the Company announced that all pertinent data was being reviewed and the crew would be on the Whabouchi Lakes West Property shortly. The Whabouchi Lakes West property is located in the James Bay area of the province of Quebec, approximately 40 kilometers east of the community of Nemaska, 228 km north-northwest of the Chibougamau municipality and in the immediate vicinity of the Whabouchi mine of Nemaska Lithium Inc. It includes 24 total claims that total approximately 12.79 square kilometers over two claim sets.

The Whabouchi Lakes West Property overlay the possible source of three significant lake sediment geochemical anomalies. The lake sediment samples show different combinations of anomalous elements: one is anomalous in mercury, lithium, niobium, rare earth elements, uranium and tungsten; a second one is anomalous in silver, arsenic, Hg, Li, lead, antimony, REE and W; and a third one is anomalous in Nb and REE. Those elements are good indicators of pegmatite-hosted type of mineralization also present at Nemaska Lithium Inc.’s Whabouchi deposit.

The claims share some other similarities with the Nemaska deposit: the property is close to road; gneiss unit of the Opinaca subprovince is a major component of the geology; pegmatite dikes and granite intrusions are present; and the property also includes a magnetic anomaly as seen near the Whabouchi deposit. Prospecting and till surveys are under planning to further assess the possible source of anomalies in the lake sediments.

James Nelson, director of Spearmint, stated: “We are pleased to continue to acquire quality assets in Quebec. Quebec is one of the most mining friendly jurisdictions in the world and with the recent attention that Nemaska has brought into the area, we are excited about the future projects of these assets and future growth of Spearmint. We plan to commence operations shortly on multiple fronts.”

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

This news release was reviewed by Rémi Charbonneau, Ph. D., P. Geo.

Contact Information
Tel: 1604646-6903 www.spearmintresources.ca

“James Nelson”
Director
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) wishes to announce that the company is now reviewing all pertinent data and the crew will be on the property in the coming days. The Whabouchi Lakes West property located in the James Bay area of the province of Quebec, approximately 40 kilometers east of the community of Nemaska, 228 km north-northwest of the Chibougamau municipality and in the immediate vicinity of the Whabouchi deposit of Nemaska Lithium Inc. It includes 24 total claims that total approximately 12.79 square kilometers over two claim sets.

The claims overlay the possible source of three significant lake sediment geochemical anomalies. The lake sediment samples show different combinations of anomalous elements: one is anomalous in mercury, lithium, niobium, rare-earth elements and tungsten; a second one is anomalous in silver, arsenic, mercury, lithium, lead, antimony, rare-earth and tungsten; and a third one is anomalous in niobium and rare earth. Those elements are good indicators of pegmatite-hosted type of mineralization also present at Nemaska Lithium Inc.’s Whabouchi deposit.

The claims are close to road access and share some geological similarities with the Nemaska deposit: they are located within the same gneiss unit of the Opinaca subprovince; pegmatite dikes and granite intrusions are present; and the property includes a magnetic anomaly as seen near the Whabouchi deposit. Prospecting and till surveys are currently being planned to further assess the possible source of anomalies in the lake sediments.

James Nelson, director of Spearmint, stated: “We are looking forward to getting some boots on the ground on this exciting project. The recent flurry in activity in the lithium space has been sped up by the significant increase in demand for Lithium. Management is optimistic that this project produces the next discovery in Canada’s top lithium district.”

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

This news release was reviewed by Rémi Charbonneau, Ph. D., P. Geo.

Contact Information Tel: 1604646-6903

www.spearmintresources.ca

“James Nelson”
Director
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) wishes to announce that is has acquired The “Whabouchi Lakes West”Property located in the James Bay area of the Province of Quebec, approximately 40km east of the community of Nemaska, 228km north- northwest of the Chibougamau municipality and in the immediate vicinity of the Whabouchi Mine of Nemaska Lithium Inc (NMX.V). It includes 20 claims that total approximately 10.66 square kilometres. This represents a 500% increase in lithium project holdings.

The claims overlay the possible source of 3 significant lake sediment geochemical anomalies. The lake sediment samples show different combination of anomalous elements : one is anomalous in Hg, Li, Nb, REE, U and W ; a second one is anomalous in Ag, As, Hg, Li, Pb, Sb, REE and W ; and a third one is anomalous in Nb and REE. Those elements are good indicators of pegmatite-hosted type of mineralization also present at Nemaska Lithium Inc.’s Whabouchi deposit.

The claims share some other similarities with the Nemaska Lithium deposit: the property is close to road; gneiss unit of the Opinaca sub-province is a major component of the geology; pegmatite dykes and granite intrusions are present; and the property also includes a magnetic anomaly as seen near the Whabouchi deposit. Prospecting and till surveys are under planning to further assess the possible source of anomalies in the lake sediments.

James Nelson, Director of Spearmint states, “We are pleased to have significantly expanded our footprint in this new lithium district. The lithium space is showing signs of hyper growth and management has always felt Quebec is one of the most mining friendly regions in the world. We look forward to getting our work programs stared now on multiple targets and projects in this new world class lithium district.”

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

This news release was reviewed by Rémi Charbonneau, Ph. D., P. Geo.

Contact Information
Tel: 1604646-6903 www.spearmintresources.ca

“James Nelson” Director

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) wishes to announce that the company is actively evaluating the recently acquired “Whabouchi Lakes Property” located in the James Bay area of the Province of Quebec. Management is formulating the first phase of exploration. This property is approximately 2.13 square kilometers that overlay the possible source of a lake sediment geochemical anomaly. The anomalous elements are bismuth, rare earth elements, lithium, niobium and tungsten, which represent good indicators of pegmatite-hosted type of mineralization also present at Nemaska Lithium Inc.’s (NMX.V) Whabouchi deposit.

James Nelson, Director of Spearmint states, “This new lithium district has certainly garnered significant market attention recently. Nemaska Lithium Inc (NMX.V) has recently seen a noteworthy increase in market capitalization as they have recently updated their feasibility study. We look forward to getting to work on our lithium property shortly.”

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

This news release was reviewed by Rémi Charbonneau, Ph. D., P. Geo.

Contact Information
Tel: 1604646-6903 www.spearmintresources.ca

“James Nelson”
Director
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) wishes to announce that it has entered into an agreement to acquire the “Whabouchi Lakes Property” located in the James Bay area of the Province of Quebec. This property consists of 4 claims that total approximately 2.13 square kilometres. The claims overlay the possible source of lake sediment geochemical anomalies. The anomalous elements are bismuth, rare earth elements, lithium, niobium and tungsten, which are good pathfinders and indicators for Nemaska Lithium’s (NMX.V) Whabouchi deposit.

James Nelson, Director of Spearmint states, “This new acquisition will provide Spearmint a project that may have significant potential for short and long term growth. The appetite for lithium in North America continues to grow and we feel we are well positioned to capitalize on the demand. We plan to aggressively explore and develop this new project shortly, which will include projecting and till surveys to further assess the possible source of anomalies in the lake sediments.”

The claims were acquired through staking.
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 ”
Director
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.