Mr. Edward Lee reports

COMPANY ENTERS INTO US CORPORATE SERVICES AGREEMENT

Nevada Clean Magnesium Inc. has entered into a service agreement in exchange for common shares with Lodestar Management Group LLC, a U.S. corporate logistics company.

Lodestar will provide advisory, consulting, negotiation and other management services relating to corporate management, administrative and/or operational activities of Nevada Moray Inc. (NMI) (a 100-per-cent-owned U.S. subsidiary of Nevada Clean Magnesium), managerial oversight, strategic planning, financial and compulsory oversight and compliance, including advisory and consulting services in relation to the selection, retention and supervision of independent contractors, required to implement and execute the intentions and objectives and to forward the pace and progression of the business affairs of NMI.

The term of the contract is for one year retroactively commencing Nov. 1, 2016. NMI has agreed to compensate Lodestar in the amount of $2,500 per month by an arrangement of the issuance of shares. The number of shares issued will be based on the share price on the day of issuance that is not lower than the five-cent-per-share minimum requirement and will not exceed $2,500 in value. The shares will be issued on the last working day of each month for a period of 12 months.

The contract is subject to final approval from the TSX Venture Exchange.

About Nevada Clean Magnesium

Nevada Clean Magnesium is focused on becoming a major U.S. producer and distributor of primary, high-grade, low-cost magnesium metal extracted from its 100-per-cent-owned Tami-Mosi property located in north-central Nevada. Based on the company's National Instrument 43-101 preliminary economic assessment report published in September, 2011, and amended in July, 2014, the Tami-Mosi project has an inferred resource of 412 million tonnes with an average grade of 12.3 per cent magnesium for a contained metal content of 111 billion pounds of magnesium using a 12-per-cent cut-off grade contained within a high-purity dolomite block.

The technical portion of this press release was prepared under the supervision and review of James Sever, PEng, and chief operating officer for Nevada Clean Magnesium. Mr. Sever is a non-independent qualified person within the meaning of NI 43-101 standards.

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