Mr. Saf Dhillon reports

GLACIER LAKE LAUNCHES AGORACOM ONLINE MARKETING AND AWARENESS PROGRAM

Glacier Lake Resources Inc., as of Aug. 1, 2017, has begun implementing an on-line marketing and awareness program through Agoracom.

The company will receive significant exposure through millions of content brand insertions on the Agoracom network and extensive search engine marketing over the next 12 months. In addition, exclusive sponsorships of invaluable digital properties such as Agoracom TV, the Agoracom home page and the Agoracom Twitter account will serve to significantly raise the brand awareness of the company among small-cap investors.

Saf Dhillon, president and chief executive officer of Glacier Lake Resources, stated: "I have known George Tsiolis, founder of Agoracom, from their early days. And since the beginning, they have proven to be not only a leader in the on-line marketing space, but they've been doing it with integrity! We are very pleased to have retained their services to expand our on-line presence."

Shares for services program

The company intends to issue shares for services to Agoracom in exchange for the on-line advertising, marketing and branding services. Pursuant to the terms of the agreement, the company will be issuing common shares for a total fee of $45,000 plus HST, as follows:

• $9,000 plus HST in shares for services upon commencement, June 29, 2017, for initial preparation of:
  • Collateral marketing materials;
  • Collateral marketing materials, custom HUB;
  • Collateral marketing materials, advertising modules;
  • Collateral marketing materials, marketing plan;
• $9,000 plus HST in shares for services at end of the third month, Sept. 29, 2017;
• $9,000 plus HST in shares for services at end of the sixth month, Dec. 29, 2017;
• $9,000 plus HST in shares for services at end of the ninth month, March 29, 2018;
• $9,000 plus HST in shares for services at end of the 12th month, June 29, 2018.

The number of shares to be issued at the end of each period will be determined by using the closing price of the shares of the company on the TSX Venture Exchange on the first trading day following each period for which the advertising services were provided by Agoracom.

The agreement/arrangement is subject to TSX-V approval.

The term of the agreement is for 12 months, effective immediately. The company will issue a press release after the issuance of shares under the terms of the agreement.

We seek Safe Harbor.