Mr. Alex Blodgett reports

CHINOOK ANNOUNCES RECORD DATE FOR SHARE SPLIT

At Chinook Tyee Industry Ltd.'s annual general and special meeting held on Dec. 5, 2018, Chinook Tyee Industry shareholders approved a three-for-one share split, which was previously announced on Nov. 16, 2018, of Chinook Tyee Industry's Class A voting common shares. Chinook Tyee Industry currently has 3,405,932 common shares issued and outstanding. Upon completion of the share split, Chinook Tyee Industry expects to have 10,217,796 fully diluted common shares outstanding. The record date for the share split will be Dec. 14, 2018, and the common shares will trade on an ex split basis at the opening of the market on Dec. 13, 2018. The share split is subject to final approval of the TSX Venture Exchange.

Computershare Investor Services Inc. will be directed to effect the share split on or around the record date, without any action on the part of the holders of the common shares.

About Chinook Tyee Industry Ltd.

Chinook Tyee Industry is a holding company that is listed in Canada on the TSX-V. Chinook Tyee Industry has two European subsidiaries: AMP Alternative Medical Products GmbH and Mercury Partners & Company PLC.

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