Mr. Willem Fuchter reports

ABRAPLATA ANNOUNCES EXTENSION OF NON-BROKERED PRIVATE PLACEMENT

Further to Abraplata Resource Corp.'s news release dated April 30, 2018, the TSX Venture Exchange has granted an extension to the deadline for filing final documentation for the company's non-brokered private placement offering to July 13, 2018. A first tranche of $618,428 was closed on May 3, 2018.

The financing consists, subject to TSX Venture Exchange approval, of up to 7.5 million units at a price of 20 cents per unit to raise up to aggregate gross proceeds of $1.5-million. Each unit will consist of one common share in the equity of the company and one share purchase warrant. Each warrant entitles the holder to purchase one additional common share of the company at a price of 30 cents per share for a period of three years from the closing of the financing.

The proceeds of the financing will be used for exploration activities at the company's Diablillos property and for general working capital purposes. The company may pay a finder's fee to qualified finders in respect to the financing. Securities issued as a result of the financing will be subject to a statutory hold period.

Qualified person

All scientific and technical information in this news release has been approved by Willem Fuchter, PhD, PGeo, president and chief executive officer of Abraplata Resource and a qualified person as defined by National Instrument 43-101.

About Abraplata Resource Corp.

Abraplata is a junior mining exploration company focused on delivering shareholder returns by unlocking mineral value in Argentina. The company's experienced management team has assembled an outstanding portfolio of gold, silver and copper exploration assets, and is focused on advancing its flagship Diablillos silver-gold property, with an indicated mineral resource containing 80.9 million ounces silver and 732,000 ounces gold, through the various stages of feasibility.

We seek Safe Harbor.