Aldever Receives Approval for Amendment to Urban Barry Option Agreement

ALDEVER RESOURCES INC. 2200 HSBC Building – 885 West Georgia St, Vancouver, BC, V6C 3E8 www.aldever.com

ALDEVER RECEIVES APPROVAL FOR AMENDMENT TO URBAN BARRY OPTION AGREEMENT

August 1, 2017

Aldever Resources Inc. (ALD—TSXV) (ALDVF—OTCQB) (17G1—Frankfurt) is pleased to announce that on July 31, 2017, the Company received TSX Venture Exchange Approval for an amendment to its Urban Barry Option Agreement originally dated November 10, 2015.

Under the amended terms the Company can earn 100% interest in the Urban Barry Gold Property by issuing an additional 3,000,000 common shares and making various cash payments totaling $500,000 over 48 months, and the Company shall have completed $1,000,000 in exploration expenditures within five years of the signing of the agreement.

All shares issued are subject to a statutory hold period of four months plus a day from the respective date of issuance, in accordance with applicable securities legislation.

For further information, please contact:

Clive Massey, President Aldever Resources Inc., Phone: (604) 644-6794 or (604) 622-1199

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 "forward-looking information" that is based on Aldever’s current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, statements with respect to Aldever’s exploration and development plans. The words "will", "anticipated", "plans" or other similar words and phrases are intended to identify forward-looking information. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause Aldever’s actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: uncertainties related exploration and development; the ability to raise sufficient capital to fund exploration and development; changes in economic conditions or financial markets; increases in input costs; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological or operational difficulties or inability to obtain permits encountered in connection with exploration activities; and labour relations matters. This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. Aldever disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise