Lucky Minerals Retains Questrade as Market Maker

For Immediate Release

Mr. Robert Rosner Reports

NEWS RELEASE

LUCKY MINERALS RETAINS QUESTRADE AS MARKET MAKER

Vancouver, BC – August 16, 2018: Lucky Minerals Inc. (TSX.V: LJ) (OTCQB: LKMNF) (“Lucky” or the "Company") announces that it has retained Questrade, Inc. (“Questrade”) to provide market-making services in accordance with TSX Venture Exchange guidelines. The term of the agreement is six months, beginning August 1, 2018, at a cost of CDN$5,000 per month. Either party may terminate the agreement with 30 days written notice. Though Lucky and Questrade are unrelated and unaffiliated entities, and Questrade will not receive shares or options as compensation from the Company, Questrade and its clients have, or may have, a direct interest in the securities of the Company.

About Questrade

Questrade, Inc. provides Canadians with high-speed, direct-access trading in the U.S. and Canadian stock and options markets through its IQ trading platforms. Questrade offers market-making services on behalf of TSX and TSX Venture Exchange listed companies providing liquidity on the stock exchange for shareholders.

About the Lucky Minerals

Lucky is an exploration and development company targeting large-scale mineral systems in proven districts with the potential to host world class deposits.

The Fortuna Project is a 550 km2 property in the heart of a proven and highly mineralized mineral district in Ecuador but which has seen only limited exploration and has never been drilled. Evidence of significant hydrothermal alteration & breccias, geochemical anomalies and placer mining supports potential for Cu/Au porphyry systems and epithermal Au deposits similar to numerous multi-million ounce Au and bulk tonnage Cu deposits ~40km away. Lucky Minerals has outlined a high impact exploration program including geochemistry, geophysics and structural analysis which will identify high potential targets for drilling.

The Emigrant Creek Project covers a 15 km2 area in an intensely altered and mineralized porphyry copper- gold-molybdenum system in southern Montana that could potentially host a multi-million ounce gold deposit. Nine highly mineralized breccia-pipes and two porphyry targets are known to exist within the company’s claims and have been variously explored by drilling, induced polarization geophysical surveys, rock chip sampling and geologic & alteration mapping. Lucky has outlined an exploration program consisting of geophysics, geological mapping and ongoing sampling to refine and identify targets, ultimately culminating in diamond drilling.

Lucky Minerals shares trade on the TSX Venture Exchange under the trading symbol LJ and through the OTCQB under the symbol LKMNF.

ON BEHALF OF THE BOARD

“Robert Rosner”

202-905 W. Broadway Street, Vancouver, BC V5Z 4M3 | T: (866) 924-6484

CFO & Executive Vice President

Contact Information: Further information regarding the Company can be found on SEDAR at www.SEDAR.com, by visiting the Company website at www.luckyminerals.com or contacting the Company directly at [email protected] or (866) 924-6484.

This news release may contain forward–looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Particular risks applicable to this press release include risks associated with planned production, including the ability of the company to achieve its targeted production outline due to regulatory, technical or economic factors. In addition, there are risks associated with estimates of resources, and there is no guarantee that a resource will have demonstrated economic viability as necessary to be classified as a reserve. There is no guarantee that additional exploration work will result in significant increases to resource estimates differ materially from those currently anticipated in such statements. Particular risks applicable to this press release include risks associated with planned production, including the ability of the company to achieve its targeted production outline due to regulatory, technical or economic factors. In addition, there are risks associated with estimates of resources, and there is no guarantee that a resource will have demonstrated economic viability as necessary to be classified as a reserve. There is no guarantee that additional exploration work will result in significant increases to resource estimates

The TSX Venture Exchange (TSX.V) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.

We seek safe harbour.

202-905 W. Broadway Street, Vancouver, BC V5Z 4M3 | T: (866) 924-6484

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