Mr. Edward Lee reports

NEVADA CLEAN MAGNESIUM CLOSES NON-BROKERED PRIVATE PLACEMENT

Nevada Clean Magnesium Inc. has closed its non-brokered private placement previously announced April 20, 2018, for gross proceeds of $155,000, selling 3.1 million units at five cents per unit.

The offering

The offering was for units of the company at a price of five cents per unit and gross proceeds of $155,000. Each unit will consist of one common share in the capital of Nevada Clean Magnesium and one common share purchase warrant. Each warrant will be exercisable into one common share for a period of two years at a price of seven cents per share.

The securities issued in connection with the offering will be subject to a hold period expiring four months and one day from the date of issuance of the securities. No finders' fees were paid in connection with this financing. Proceeds from the offering will be used for working capital.

The offering is subject to TSX Venture Exchange final acceptance.

About Nevada Clean Magnesium Inc.

Nevada Clean 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, chief operating officer of Nevada Clean Magnesium. Mr. Sever is a non-independent qualified person within the meaning of National Instrument 43-101 standards.

We seek Safe Harbor.