Vancouver, BC – February 27, 2020. Esrey Resources Ltd. (the “Company”) is pleased to announce a change in its management. Effectively immediately, David Cohen, Paul Larkin and Pablo Marcet have resigned as directors and officers of the Company and have been replaced by the following persons:

Name Office Held
Allen D. Leschert Director and CEO
Malcolm B. Fraser Director, President and Interim CFO
W. Joseph Yelder Director
David Pasko Director

We thank all of the resigning directors and officers for their past service to the Company and wish them well in their future endeavours.

We also extend a warm welcome to each of the incoming directors and officers, each of whom brings a range of experience and professional qualifications to the Company.

Allen D. Leschert, CEO, holds a B. Comm. (With Distinction) from the University of Alberta, a law degree from the University of Victoria and has more than 35 years experience as a senior securities lawyer in Vancouver. During that time has served as a director and senior officer of multiple public companies and has dealt with numerous corporate and mining transactions around the world.

Malcom Fraser holds degrees in geological engineering (B. Sc, Queens), economic geology (M.A., Harvard) and law (Osgoode) with more than 50 years experience in various capacities with numerous mining companies, including serving as a director or senior officer of a number of public companies.

W. Joseph (Joe) Yelder holds an undergraduate degree from Central State University and an MBA from the Wharton School of Business, University of Pennsylvania. He has held senior management positions with Pepsi and other corporations and has been a director or senior officer of a number of public companies.

David Pasko has a B.Th. degree from Summit Pacific College and has completed numerous post graduate courses in accounting, finance and other areas. He has more than 8 years’ experience in financial transactions and funding, with a focus on residential and commercial real estate and other transactions, including arranging senior debt financing for mining transactions. He has also on a number of occasions acted as a consultant to the Province of British Columbia, most recently in the area of affordable housing.

We look forward to the contribution of the unique skills and experience this group brings as we move forward to face the new challenges and opportunities that lie ahead for the Company.

On behalf of the Board of Directors

“Allen D. Leschert”
Allen D. Leschert CEO

For more information, please contact:

Investor Relations: 604-925-5136
Email: info@esreyresources.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 release.

Vancouver, BC – September 30, 2019. Esrey Resources Ltd. (“Esrey” or the “Company”) announces that Mr. Horng Dih Lee has resigned as the Company’s Chief Financial Officer (“CFO”) and Corporate Secretary effective immediately to pursue personal interests and opportunities.

Mr. David Cohen, President and Chief Executive Officer of Esrey, will assume the role of CFO on an interim basis and Mr. Lee will remain available to the Company on an as-needed basis until a suitable replacement is identified.

The Company also announces that operations at its Macedonian pilot plant have been put on hold subject to the Company arranging adequate financing. The Company is actively pursuing alternatives to raise funding and to resolve its working capital deficit. There can be no assurance that funding will be available to the Company when needed or, if available, that this funding will be on acceptable terms.

On behalf of the Board of Directors

David Cohen
Chairman, President and CEO

For more information, please contact:

The Chairman: 1-778-373-0103
Email: info@esreyresources.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 release.

Vancouver, BC – June 11, 2019. Esrey Resources Ltd. (the “Company”) is pleased to announce that the British Columbia Securities Commission has revoked its previously issued cease trade order and the TSX Venture Exchange (the “Exchange”) has concluded the Company’s reinstatement application and will be issuing a bulletin to reinstate the Company effective Thursday, June 13, 2019.

Subsequent to the reinstatement of trading, the Company intends to seek financing for the next phase of its zinc project. On July 21, 2017, the Company acquired an early-stage zinc business, which included rights to a tailings stockpile in Kosovo, from an unrelated third party. The objective of this zinc business is to commercially recover zinc, lead and other metal by-products from waste materials including tailings and electric arc furnace dust (“EAFD”) produced by steel plants. Since July 21, 2017, the Company has focussed its activities on the construction, commissioning and operation of a zinc pilot plant in Macedonia. The pilot plant is fully permitted and is being used to develop a hydrometallurgical process to efficiently produce zinc and other metals from EAFD on an economically viable scale, by generating engineering data so that the Company can complete the design of a full-scale commercial plant.

The Company spent US$2.5 million (C$3.3 million) for the construction of the pilot plant. In the year ended September 30, 2018 and the six months ended March 31, 2019, the Company incurred a further C$2.9 million and C$0.8 million, respectively, in project development costs to develop the hydrometallurgical process. During the year ended September 30, 2018, the Company also wrote off the stockpile in Kosovo as it has no immediate plans to process that material. An independent third-party engineering study supporting the Company’s economic evaluation of its zinc project is being finalized and the Company will publish the results of the study as soon as it is completed.

The Company also spent C$0.5 million during the year ended September 30, 2018 investigating various industrial sites in Macedonia for a future commercial operation. The Company will apply for site, operational and environmental permits as soon as it selects and secures a suitable location. Applications for operating permits will require a feasibility study that addresses amongst other issues, the potential environmental impact of the commercial operation.

The Company intends to fund future construction and operations of a commercial zinc plant by way of equity and project debt financing, which could include commercial lines of credit, joint venture partnering, and off-take arrangements with international metal traders.

On behalf of the Board of Directors
David Cohen Chairman,
President and CEO

For more information, please contact:
The Chairman: 1-778-373-0103
Email: info@esreyresources.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 release.

This press release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of Canadian securities laws. All statements other than statements of historical fact are forward-looking statements. Forward-looking information typically contains statements with words such as “anticipate”, “believe”, “intend”, “plan”, “continuous”, “estimate”, “expect”, “may”, “will”, “project”, “should”, or similar words suggesting future outcomes.

Undue reliance should not be placed on forward-looking statements, which are inherently uncertain, are based on estimates and assumptions, and are subject to known and unknown risks and uncertainties (both general and specific) that contribute to the possibility that the future events or circumstances contemplated by the forwardlooking statements will not in fact be realized. Actual results will differ, and the difference may be material and adverse to the Company and its shareholders. Risk factors affecting future results include, but are not limited to: financial risks, substantial capital requirements, government regulation, environmental risks, prices, markets and marketing, dependence on key personnel, uninsurable risks, management of growth, competition, issuance of debt, and variations in exchange rates.

Forward-looking statements are based on the Company’s current beliefs as well as assumptions made by, and information currently available to, the Company concerning anticipated financial performance, business prospects, strategies, regulatory developments, the impact of increasing competition, the ability to obtain financing on acceptable terms, and the ability to add feed supply. Although management considers these assumptions to be reasonable based on information currently available, they may prove to be incorrect.

The forward-looking statements contained in this press release are made as of the date thereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, except as required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement.

Vancouver, BC – June 3, 2019. Esrey Resources Ltd. (the “Company”) is pleased to announce that its audited consolidated financial statements and MD&A for the year ended September 30, 2018 (the “Year-End Financial Reports”) and the unaudited condensed consolidated interim financial statements and MD&A for the three months ended December 31, 2018 (the “Q1 Financial Reports”) and for the six months ended March 31, 2019 have been filed.

As the Company did not file its Year-End Financial Reports and Q1 Financial Reports (and related certifications under National Instrument 52-109) by the required deadlines, the British Columbia Securities Commission (“BCSC”) issued a general cease trade order (the “CTO”) on April 3, 2019 and the TSX Venture Exchange (the “Exchange”) suspended trading in the Company’s shares shortly thereafter.

The Company has applied to the Exchange for reinstatement of trading of the Company’s shares and anticipates that trading of the Company’s shares on the Exchange will resume as soon as the application is approved.

On behalf of the Board of Directors
David Cohen
Chairman
For more information, please contact:
Investor Relations: 1-778-373-0103
Email: info@esreyresources.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 release.

Vancouver, BC – May 10, 2019.  Further to earlier news releases Esrey Resources Ltd. (the “Company”) announces that the general cease trade order issued by the British Columbia Securities Commission on April 3, 2019 for failure to file its financial statements and MD&A for the year ended September 30, 2018 and for the three months ended December 31, 2018 by the required deadlines and the suspension in trading imposed at the same time by the TSX Venture Exchange (the “Exchange”) remains in effect.

The Company anticipates that the audit of its financial statements for the year ended September 30, 2018 will be completed by mid May and that it will then be in a position to file all outstanding financial disclosures on or before May 23, 2019 following which the Company will be able to make the necessary application to revoke the cease trade order and for reinstatement of trading on the Exchange.

On behalf of the Board of Directors

David Cohen
Chairman

For more information, please contact:

Investor Relations: 1-778-373-0103
Email: info@esreyresources.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 release.