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. Playfair Mining Closes Private Placement

230-470 Granville St. Tel: 604 687-7178 PLY: TSX-V Vancouver, B.C. Fax: 604 687-7179 Canada V6C 1V5 Toll Free: 888-244-6644 May 7, 2018 NR-2018-2

Playfair Mining Closes Private Placement

Playfair Mining is pleased to announce that it has closed the non-brokered private placement announced on March 19, 2018. The Company has issued 10 million shares at $0.05 per share for gross proceeds of $500,000. Finder’s fees of 32,000 shares and $1,250 cash were paid in connection with this placement. All securities issued are subject to a hold period expiring four months and one day from the date of issuance.

The proceeds will be used for further exploration, including drilling, of its Ox Mountain project in the Republic of Ireland, and for general working capital purposes.

Visit our website at www.playfairmining.com for more information on Playfair's properties.

ON BEHALF OF THE BOARD

"D. Neil Briggs"

D. Neil Briggs, Director

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.