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File: 2018_06_14 PST news release amendment of NFT and FT units.docx

                                                                                                                      
--->                                                                                                Phone 604 369 8973
                                                                                                                      
--->                  TSX-Venture: PST
             OTC/Pink Sheet: SLTFF
   Suite 700-838 W Hastings Street
                                                                                                                      
--->       Vancouver, BC, V6C 0A6

  



Pistol Bay Mining Amends Terms of Financing
Vancouver, B.C. - June 14, 2018: Pistol Bay Mining Inc. (TSX-V - PST; Frankfurt - OQS2, OTC/Pink Sheet symbol SLTFF) (
--->"Pistol Bay" or the "Company') announces that the Company has amended the terms of its non-flow through units and flow
--->-through units offered pursuant to the non-brokered private placement financing announced on May 17, 2018.
The Company has amended the terms of up to 4,000,000 units to be issued as non-flow-through units, which are now at a 
--->price of $0.06 per unit, consisting of one common share and one whole warrant. Each whole warrant will entitle the hol
--->der to purchase one additional common share of the Company at a price of $0.10 per share for 18 months from the date o
--->f closing. 
In addition, the Company has amended the exercise price of the warrants attached to the flow-through units.  Up to 6,0
--->00,000 units will be issued as flow-through units at a price of $0.08 per unit consisting of one common share and one-
--->half of one whole warrant. Each whole warrant will entitle the holder to purchase one additional common share of the C
--->ompany at a price of $0.12 per share for 18 months from the date of closing. 
Finder's fees, as allowed pursuant to the policies of the TSX Venture Exchange, may be payable in connection with the 
--->offering. The proceeds of the Offering will be used for general working capital. 
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 North America. For additional information please visit the Company website at www.pistolbaymininginc.c
--->om 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 in the future. Actual results may vary depending upon exploration activities, industry product
--->ion, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Caution
--->ary 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 eco
--->nomically and legally producible under existing economic and operating conditions.