Rhyolite Resources Ltd.

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Canada & British Columbia Vancouver

595 Burrard Street, Suite 1703

+1 604 689-1428

www.rhyoliteresources.com

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Company Press Releases

Rhyolite Resources Ltd. Announces Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - January 26, 2017) - Rhyolite Resources Ltd. (TSXV: RYE) ("Rhyolite" or the "Company") announces plans to offer a brokered private placement of its securities comprised of a minimum 10,000,000 units ("Unit") up to a maximum of 16,000,000 Units at a price of $0.10 per Unit for gross proceeds of between $1 million and $1.6 million (the "Offering"). Each Unit will consist of one (1) common share and one-half (1/2) share purchase warrant of Rhyolite ("Warrant"). Each whole Warrant shall entitle the holder thereof to acquire one additional common share...

Rhyolite Resources Ltd. Announces Additional Prospectus Exemption for Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - February 16, 2017) - Rhyolite Resources Ltd. (TSXV: RYE) ("Rhyolite" or the "Company") - Further to its news release of January 24, 2017 (the "Prior Press Release"), the Company further reports that a portion or all of the Offering (as defined below) may be completed pursuant to Multilateral CSA Notice 45-318 - Prospectus Exemption for Certain Distributions through an Investment Dealer ("CSA 45-318") and the corresponding instruments, orders and rules implementing CSA 45-318 in the participating jurisdictions in respect thereof (collectively with...

Rhyolite Resources Ltd. Announces Increase to Previously Announced Private Placement Financing

Vancouver, British Columbia--(Newsfile Corp. - February 28, 2017) - Rhyolite Resources Ltd. (TSXV: RYE) ("Rhyolite" or the "Company") reports that the previously announced brokered private placement (January 26, 2017) of up to a maximum of 16,000,000 Units at a price of $0.10 per Unit has been increased to 20,000,000 Units at a price of $0.10 per Unit for gross proceeds of $2,000,000 (the "Offering").Each Unit will consist of one (1) common share and one-half (1/2) share purchase warrant of Rhyolite ("Warrant"). Each whole Warrant shall entitle the holder thereof to acquire one additional comm...

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