Mr. Keith Piggott reports

DYNASTY ANNOUNCES $2,500,000 PRIVATE PLACEMENT FINANCING

Dynasty Metals & Mining Inc. intends to conduct an offering, on a non-brokered private placement basis, of up to 8,333,333 units of the company at a subscription price of 30 cents per unit for aggregate gross proceeds of up to $2.5-million. Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder to purchase one common share at a price of 45 cents for a period of two years following the closing of the private placement, subject to acceleration in the event that the closing price of the company's common shares is 60 cents per share or higher over a period of 10 consecutive trading days. All securities issued pursuant to the private placement will be subject to a hold period that expires four months and a day from the closing date in accordance with the rules and policies of the TSX Venture Exchange and applicable Canadian securities laws.

The company intends to use the net proceeds of the private placement for general corporate purposes and working capital.

Upon closing of the private placement, the company may pay a cash finder's fee to one or more arm's-length parties equal to 7 per cent of the aggregate gross proceeds raised under the private placement from subscribers introduced by such parties. The private placement is expected to close on or about June 30, 2017, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX-V.

About Dynasty Metals & Mining Inc.

Dynasty Metals & Mining is a Canadian-based mining company involved in the mining, exploration and development of mineral properties in Ecuador. The company is currently focused on gold production at its wholly owned Dynasty goldfield project and continued development at its Zaruma mine. Mineral is treated at the company's wholly owned treatment plant close to the Zaruma mine operations. The company also owns other significant gold exploration projects including the Jerusalem project (located 30 kilometres south of the Fruta del Norte project), the Copper Duke area and the Linderos area in southern Ecuador.

We seek Safe Harbor.