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Blue River Resources Ltd. Closes Private Placement

Vancouver, BC - June 21, 2017 - Blue River Resources Ltd. (the "Company" or "Blue River") (TSX Venture - BXR) (http://www.blueriv.com) is pleased to announce that it has closed its non- brokered private placement announced on May 4, 2017. The Company issued 14,285,714 units of its securities at $0.035 per unit for gross proceeds of $500,000. Each unit consists of one common share and one share purchase warrant with each warrant entitling the holder to purchase one additional common share at an exercise price of $0.06 per share on or before June 16, 2019. A finder's fee of $11,816 and 337,600 share purchase warrants ("Finder's Warrants") was paid in connection with a portion of the private placement. Each Finder's Warrant entitles the holder to purchase a common share at a price of $0.06 per share on or before June 16, 2019. The securities issued pursuant to the private placement and any shares to be issued on the exercise of the warrants and Finder's Warrants are restricted from trading until October 17, 2017. The proceeds raised will be used as follows:

ON BEHALF OF THE BOARD BLUE RIVER RESOURCES LTD.

Griffin Jones President, Director

For further information contact:

Griffin Jones

Tel: (604) 682-7339

www.Blueriv.com

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 or accuracy of this release.