Received by email:

File: ALD - Millers Playa Acquisition Closing NR.pdf

 ALDEVER RESOURCES INC.        2200 HSBC Building   885 West Georgia St, Vancouver, BC, V6C 3E8   www.aldever.com


                  ALDEVER RECEIVES APPROVAL FOR MILLER'S PLAYA LITHIUM PROJECT
                                 & PROVIDES CORPORATE UPDATE

February 17, 2016

Aldever Resources Inc. (ALD--TSXV) (ALDVF--OTCQB) (17G1--Frankfurt) ("Aldever" or the "Company") is pleased
to announce that on February 12, 2016, the TSX Venture Exchange accepted for filing an agreement with an arm's
length vendor, by which the Company can earn 100% interest in the Miller's Playa Lithium Project, comprised of
1,920 acres (777Ha) of contiguous placer claims, located in the Big Smoky Valley, Esmeralda County, Nevada. The
Big Smoky Valley is located immediately north of the Clayton Valley, home to Albemarle's Silver Peak Lithium Mine
(in continuous operation since 1967), and is where Pure Energy recently identified a NI43-101 compliant inferred
resource of 816,000 metric tonnes of lithium carbonate equivalent (LCE)* at a cut-off of 20mg/L in brine.
(*Technical Report (2015) Spanjers, MS. PG.)

The Miller's Playa Project is located east of ground held by Ultra Lithium, and is ~40km north of the Silver Peak
mine. The principal target at the Miller's Playa Project is a large northeast trending gravity low anomaly which is
suggestive of an in-filled basin. The project directly adjoins Unity Energy Corp's Miller's Crossing Project to the
south. The Big Smoky Valley was investigated with regional reverse circulation ("RC") drilling in 1979 by the United
States Geological Survey (USGS) and anomalous lithium values were encountered in the basin sediments. The
quality and concentrations of lithium brines discovered in the Clayton Valley may be present in the Big Smoky
Valley.

Tesla Motors, which in September of 2015 signed an off-take agreement with Pure Energy, is driving the current
lithium exploration boom in Nevada. Tesla is building a lithium-ion battery factory, called the Gigafactory, just
outside of Sparks, Nevada, which is scheduled to be operational in 2016/17. The Miller's Playa Project is located
some 225 km SE of the Gigafactory site.

Under the terms of the agreement, the Company can earn a 100% interest in the claims by issuing to the vendor
2,700,000 common shares within 5 days of TSX Venture Exchange approval. The Company is also obligated to
make cash payments of $50,000 within 18 months and $150,000 within 36 months of TSX Venture Exchange
Approval. A 1% Gross Overriding Royalty ("GORR") has also been granted to the vendor, of which  one-half% can be
purchased by the Company for $1,000,000. All shares issued are subject to a statutory hold period of four months
plus a day from the respective date of issuance, in accordance with applicable securities legislation.

Regarding the Company's entrance into the lithium space and to provide a general corporate update to
shareholders, President Clive Massey said:

        "Over the last twelve months, the Company has achieved several corporate development milestones.
        Aldever underpinned its share value with the acquisition of two advanced base metal projects, the Poplar
        and Scotia, both of which have NI43-101 resources.

        Believing that the long term outlook on gold is positive, Aldever acquired two prospective Quebec gold
        projects, both in prolific exploration camps: the Urban Barry and Val D'Or. The 2016 exploration budgets
        for these two projects are $1,500,000.
           Wanting to further increase blue sky potential for the investor, the Company recently entered the lithium
          space. The current boom in lithium, an element critical in powering eclectic cars, is driven by the fact tha
--->t
          virtually every car manufacturer now produces an electric car. The Company has chosen to focus its
          lithium exploration efforts in Esmeralda County Nevada, as this is the only county in America which has
          proven that a playa deposit can be discovered and successfully put into production. Albemarle's Silver
          Peak Mine, which produces lithium and a variety of other related chemicals, has been in operation since
          1967. In addition, Tesla, which is building a battery factory just outside of Reno, has shown support for
          lithium mining activities in Nevada.

          In closing, it is my strong belief that to be successful in today's turbulent markets, a Company must not
          only be diversified in its holdings but also offer the investor intrinsic value of established assets alongs
--->ide
          the potential for additional growth. The board wishes to take this opportunity to thank its shareholders
          for their continuing support. We look forward to a prosperous 2016."

The technical contents of this news release have been prepared under the supervision of Dr. Peter Born, P. Geo.
Dr. Born is a Qualified Person as defined in NI 43-101, and has approved this news release.

For further information, please contact:

Clive Massey, President
Aldever Resources Inc.
Phone: (604) 622-1199

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the 
--->TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements included in this announcemen
--->t,
including statements concerning our plans, intentions and expectations, which are not historical in nature are intende
--->d to be,
and are hereby identified as, "forwardlooking statements". Forwardlooking statements may be identified by words includ
--->ing
"anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers tha
--->t
forwardlooking statements, including without limitation those relating to the Company's future operations and business
prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from th
--->ose indicated
in the forwardlooking statements.