Fjordland Announces Non-Brokered Private Placement

Website: www.fjordlandex.com Email: [email protected]

NEWS RELEASE NR#14-10

Not for dissemination in the United States or through U.S. newswires

Fjordland Announces Non-Brokered Private Placement

Vancouver, BC, October 10, 2014 ─ Fjordland Exploration Inc. (TSX-V: FEX) announces it intends to raise up to $300,000 for exploration work on the South Voisey`s Bay Project, Labrador and for general working capital purposes (refer to the Company’s News Release #14-09 dated October 2, 2014). The financing will consist of a non-brokered private placement of up to 6,000,000 units (the “Units”) priced at $0.05 per Unit. Each Unit will consist of one common share of the Company (the “Common Shares”) and one common share purchase warrant (the “Warrants”). Each Warrant will entitle the holder to purchase one additional Common Share at a price of $0.05 per Common Share for three years following the closing date of the Private Placement. A portion of the Units may be flow-through (the “Flow-Through Units”), at the option of the subscriber, in which case the Flow-Through Units will consist of one flow-through common share of the Company (the “Flow-Through Common Shares”) and one Warrant. The Common Shares issuable on exercise of the Warrants will be non flow-through for the Units and for the Flow-Through Units.

The financing is subject to the approval of the TSX Venture Exchange.

About Fjordland Exploration Inc.

Fjordland Exploration Inc. is a mineral exploration company historically focused on the discovery of copper and gold deposits in British Columbia. Fjordland currently has a portfolio of 18 properties in British Columbia. The principal project is the Dillard Project which is subject to an Option Agreement with Sumac Mines Ltd.(Sumac) an affiliate of Sumitomo Metal Mining.Sumac may earn a 51% interest in the project by expending $3,500,000 over a 3 year period. Fjordland is the operator. Fjordland’s shares trade on the TSX Venture Exchange under the symbol “FEX”. For further information visit Fjordland’s website at www.fjordlandex.com

On behalf of the Board of Directors,

“Richard C. Atkinson”

Richard C. Atkinson President & CEO

Neither the TSX Venture Exchange nor its Regulation Services (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Suite 1100, 1111 Melville Street, Vancouver, British Columbia Canada V6E 3V6 Tel: 604.893.8365 Fax: 604.669.8336