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File: 2017-11-20 Pistol Bay Creates Blockchain Subsidiary, PB BlockchainInc..docx


Phone 604 369 8973
TSX-Venture: PST
Suite 700-838 W Hastings Street
Vancouver, BC, V6C 0A6
 
Pistol Bay Creates Blockchain Subsidiary, PB Blockchain Inc.

November 20,2017:   Pistol Bay Mining Inc. (TSX-V - PST; Frankfurt - OQS2) ("Pistol Bay" or the "Company') is pleased 
--->to announce, further to our news release on November 15, 2017, that PB Blockchain Inc. is the registered subsidiary.
PB Blockchain Inc. will be a subsidiary focused on blockchain applications for mining and resource company management.
---> The company will be leveraging the work of other Application Program Interface (API) companies to build a suite of bl
--->ockchain products to address needs that are particular to the data management and security of mining/oil and gas compa
--->nies. It is expected that many of these blockchain products could have crossover to other industries.
These blockchain products may include but will not be limited to focused Ethereum smart contracts, security, claim man
--->agement, resource management and the tokenization of resources.
As blockchain technology is adapted at an ever-increasing rate by individuals and industry worldwide, PB Blockchain In
--->c. believes a unique opportunity exists to lead the mineral development industry by building a resource focused blockc
--->hain company to facilitate modern mining related transactions.  This represents an exciting opportunity for our shareh
--->olders and the need to be early in adapting to new technologies.
Subsequent information will be released as details are finalized.  Pistol Bay remains committed to its exploration eff
--->orts at Confederation Lake and is not pursuing a change of business.  
About Pistol Bay Mining Inc. 
Pistol Bay Mining Inc. is a diversified Junior Canadian Mineral Exploration Company with a focus on zinc and base meta
--->l properties in Confederation Lake, Ontario. The company has created a subsidiary for resource driven blockchain appli
--->cations. For additional information please visit the Company website at www.pistolbaymininginc.com or contact Charles 
--->Desjardins at pistolbaymining@gmail.com.
On Behalf of the Board of Directors 
PISTOL BAY MINING INC. 
"Charles Desjardins"   
Charles Desjardins, 
President and Director 

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. 
Cautionary note: 
This report contains forward looking statements. Resource estimates, unless specifically noted, are considered specula
--->tive. Any and all other resource or reserve estimates are historical in nature, and should not be relied upon. By thei
--->r nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factor
--->s that will or may occur in the future. Actual results may vary depending upon exploration activities, industry produc
--->tion, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautio
--->nary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms
--->, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be ec
--->onomically and legally producible under existing economic and operating conditions.


File: 2017-11-20 Pistol Bay Creates Blockchain Subsidiary, PB BlockchainInc..pdf

                                                                                                                   Pho
--->ne 604 369 8973

                                                                                                                     T
--->SX-Venture: PST

                                                                                                        Suite 700-838 
--->W Hastings Street

                                                                                                               Vancouv
--->er, BC, V6C 0A6




                 Pistol Bay Creates Blockchain Subsidiary, PB Blockchain Inc.

November 20,2017: Pistol Bay Mining Inc. (TSX-V - PST; Frankfurt - OQS2) ("Pistol Bay" or the "Company')
is pleased to announce, further to our news release on November 15, 2017, that PB Blockchain Inc. is the
registered subsidiary.

PB Blockchain Inc. will be a subsidiary focused on blockchain applications for mining and resource
company management. The company will be leveraging the work of other Application Program Interface
(API) companies to build a suite of blockchain products to address needs that are particular to the data
management and security of mining/oil and gas companies. It is expected that many of these blockchain
products could have crossover to other industries.
These blockchain products may include but will not be limited to focused Ethereum smart contracts,
security, claim management, resource management and the tokenization of resources.

As blockchain technology is adapted at an ever-increasing rate by individuals and industry worldwide, PB
Blockchain Inc. believes a unique opportunity exists to lead the mineral development industry by building
a resource focused blockchain company to facilitate modern mining related transactions. This represents
an exciting opportunity for our shareholders and the need to be early in adapting to new technologies.

Subsequent information will be released as details are finalized. Pistol Bay remains committed to its
exploration efforts at Confederation Lake and is not pursuing a change of business.

About Pistol Bay Mining Inc.
Pistol Bay Mining Inc. is a diversified Junior Canadian Mineral Exploration Company with a focus on zinc
and base metal properties in Confederation Lake, Ontario. The company has created a subsidiary for
resource driven blockchain applications. For additional information please visit the Company website at
www.pistolbaymininginc.com or contact Charles Desjardins at pistolbaymining@gmail.com.

On Behalf of the Board of Directors
PISTOL BAY MINING INC.

"Charles Desjardins"
Charles Desjardins,
President and Director

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.

Cautionary note:
This report contains forward looking statements. Resource estimates, unless specifically noted, are considered specula
--->tive. Any
and all other resource or reserve estimates are historical in nature, and should not be relied upon. By their nature, 
--->forward looking
statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur i
--->n the future.
Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, curr
--->ency
exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securitie
--->s and
Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based 
--->upon actual
 production or formation tests and can be shown to be economically and legally producible under existing economic and 
--->operating
conditions.