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Squire Closes Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Squire Mining Ltd. (CSE:SQR) – Further to the Company’s news releases of November 20, 2017 and earlier today, the Company has now closed its non-brokered private placement of 10,133,333 units (the “Units”) at a price of $0.06 per Unit for gross proceeds of $608,000 (the “Financing”).  Each Unit consists of one common share and one transferable share purchase warrant to purchase one additional common share at a price of $0.08 for a period of two years.

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Squire Updates Status of Private Placement and Exercise of Share Purchase Option

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, British Columbia, Dec. 15, 2017 (GLOBE NEWSWIRE) — Squire Mining Ltd. (“Squire” or the “Company”) (CSE:SQR) announces it has received subscriptions for a total of 10,133,333 units (the “Units”) at a price of $0.06 per Unit for gross proceeds of $608,000 pursuant to its non-brokered private placement announced on November 20, 2017 (the “Financing”).  Each Unit consists of one common share and one transferable share purchase warrant to purchase an additional share at a price of $0.08 for a period of two years.  The net proceeds of the Financing will be used to, among other things, fund the Phase 1 work program on the Company’s Star property in central British Columbia and the purchase price for a 18% minority interest in a telecommunications technology license for the mining resource industry as announced on December 6, 2017, fill key executive roles, investigate new business opportunities and for general corporate and working capital purposes.

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Squire Updates Star Property, Announces Agreement in Principle to Acquire Minority Interest in Mining Related Telecommunications Technology License

VANCOUVER, British Columbia, Dec. 06, 2017 (GLOBE NEWSWIRE) — Squire Mining Ltd. (“Squire” or the “Company”) (CSE:SQR) announces that due to, inter alia, forest fire closures and wild fires in the area of the Company’s Star property located 40 kilometres south southeast of Nazko in central British Columbia (the “Star Property”), the Company did not carry out exploration work on the Star Property during 2017.  In light of same, the owner of the Star Property has indicated his agreement to extend the Company’s option to acquire an undivided 51% interest in the Star Property (the “Option”) for a period of one year and partially defer certain option payments. The Star Property is prospective for Blackwater/Davidson or Round Mtn. style of rhyolite hosted disseminated gold deposits. The property is covered with glacial till and overburden and contains only minor outcrop. It is an early stage exploration target and no mineralization has been discovered to date. Work carried out in 2016 defined a strong Ag, Zn, Cd, Cu MMI soil anomaly with spotty anomalous gold values in the north central part of the claim block. This anomaly extended off of the Star claim block to the north. A 15 cell claim has been added on to the north of the claim block to cover the probable extension of the anomaly.  Forty-five cells which did not cover any significant geochemical anomalies were dropped from the southern and eastern parts of the claim block.

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Squire Appoints Garry Stock as Director

VANCOUVER, British Columbia, Dec. 01, 2017 (GLOBE NEWSWIRE) — Squire Mining Ltd. (“Squire” or the “Company”) (CSE:SQR) is pleased to report the appointment of Garry Stock as a director of the Company.

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