Blue River Reousrces Ltd.

TSX.V:BXR
US:BRVRF
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Blue River Announces Private Placement Offering

May 3, 2017

VANCOUVER, Canada – Blue River Resources Ltd. (BXR:TSX.V) announces a private placement offering of units to raise proceeds of up to $500,000 at a price of $0.035 per unit. Each unit will be comprised of one common share and one full share purchase warrant, whereby each whole warrant will be exercisable at $0.06 per share for a period of two years from closing of the offering. The Company is applying to the TSX Venture Exchange for a waiver of the Exchange’s $0.05 minimum pricing requirement.

If fully subscribed, the proposed use of proceeds of the private placement will be as follows:

Corporate finance fee $50,000

Pay existing accounts payable $38,000

Pay for exploration program and report on Banlung Property Cambodia and NI 43-101 report. $200,000

TSX Venture sustaining and filing fees $10,000

Transfer agent fees $10,000

To meet and maintain property obligations $100,000

Audit fees for 2017 $22,000

Legal fees for 2017 $20,000

Working capital $50,000

Neither 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 or accuracy of this release.

ON BEHALF OF THE BOARD
BLUE RIVER RESOURCES LTD.
/s/ Griffin Jones
Griffin Jones
President, Director

For further information contact:
Griffin Jones, Tel: (604) 682-7339
www.Blueriv.com

The private placement offering is subject to acceptance for filing by the TSX Venture Exchange.

For further information, please contact:

Blue River Resources Ltd.

Griffin V. Jones, CEO
604.682.7339
griff@blueriv.com

Neither 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 or accuracy of this press release.