Mr. Paul Gray reports

ZADAR SIGNS MOU WITH FLOWBACK SOLUTIONZ - A CANADIAN WASTE WATER TREATMENT COMPANY

Zadar Ventures Ltd. has entered into a memorandum of understanding with FlowBack Solutionz Canada Inc., a Canadian oil well waste water treatment company, to test FlowBack's innovative and proprietary waste water treatment technology for the purpose of lithium extraction from petrobrines from the company's Manitoba petrobrine projects.

FlowBack is a water technology innovation company incorporated in 2013. FlowBack currently provides turnkey solutions for oil/water separation, hydrogen sulphide removal and tailings pond remediation services utilizing its patented FlowBack NanoBubbler technology. FlowBack specializes in solids separation, electrocoagulation and gas infusion technologies for the oil and gas, mining, industrial, and construction industries.

Oil and gas well operators in Canadian petroleum basins have long reported lithium values ranging from 80 milligrams per litre to 140 milligrams per litre as referenced by the geoScout Oil & Gas Industry database, as reported by well operators and monitored by the government of Alberta. There are many other reports throughout Canada that reference lithium within petrobrine wells within these same ranges.

Paul D. Gray, PGeo, president of Zadar Ventures, commented: "We look forward to working with FlowBack in this relatively new space of lithium extraction. The demand for low-cost lithium production is the key driver in the rapidly developing energy storage space."

The company acknowledges it may not ever close this transaction but intends to complete its due diligence and enter into a definitive agreement within the next 45 days.

This news release has been reviewed and approved by Mr. Gray, who is the company's qualified person as defined by National Instrument 43-101.

We seek Safe Harbor.