Mr. Graham Downs reports

ATAC RESOURCES LTD. ANNOUNCES $3 MILLION PRIVATE PLACEMENT

Atac Resources Ltd. has arranged a non-brokered private placement offering of up to $3-million to consist of the sale of up to five million flow-through shares at a price of 60 cents per share. The offering is subject to TSX Venture Exchange acceptance.

"This flow-through financing will allow Atac to pursue aggressive exploration programs at Rackla while preserving hard dollars for potential engineering and development activities," commented president and chief executive officer Graham Downs. "Crews will be on site within the week in preparation for our largest diamond drilling campaign since 2012."

The flow-through funds will be used to finance approximately 10,000 metres of diamond drilling at Atac's Osiris project. As part of its option earn-in requirements, Barrick Gold Corp. will also finance approximately 12,000 metres of diamond drilling at the Orion project during the 2018 field season.

All securities issued as part of the offering will be subject to a hold period in Canada of four months plus one day from closing. Finders' fees may be paid on a portion of the offering.

About Atac Resources Ltd.

Atac is a Yukon-based exploration company focused on developing Canada's only known Carlin-type gold district alongside Barrick at its Rackla gold property. Recent work on the approximately 1,700-square-kilometre property has resulted in a positive preliminary economic assessment for the Tiger gold deposit, drilling of multiple high-grade Carlin-type gold zones and the identification of numerous early-stage gold exploration targets. Atac and Barrick have partnered to explore the Rackla gold property's Orion project, with Barrick having the option to earn up to a 70-per-cent interest in Orion by spending $55-million in exploration. Atac is well financed with approximately $13-million in its treasury and will be conducting one of Yukon's largest drilling campaigns in 2018.