Mr. Luis da Silva reports

GB MINERALS LTD. APPOINTS INTERIM CHIEF FINANCIAL OFFICER

GB Minerals Ltd. has appointed Damien Forer as interim chief financial officer of the company for a six-month period commencing Nov. 1, 2016. Angel Law, the company's CFO, will be on maternity leave during the period of Mr. Forer's appointment.

Mr. Forer has more than 15 years of accounting, corporate finance and restructuring experience in Canada, the United Kingdom and Australia. He has over 10 years of experience in public practice, including time spent with Deloitte in Australia and BDO Stoy Hayward in the United Kingdom. Mr. Forer is a member of both Chartered Professional Accountants British Columbia and Chartered Accountants Australia and New Zealand. He holds a bachelor of accounting from Monash University, Australia.

Luis da Silva, president and chief executive officer of the company, said: "We are pleased to welcome Damien to our team. The company is in the midst of an exciting development phase and his skills and experience will be of great benefit to us. We would also like to extend our best wishes to Angel Law and her family during this very special period and thank her for her commitment, support and financial leadership to the company to date."

We seek Safe Harbor.