Ms. Laura Duffett reports

TRES-OR ANNOUNCES PROPOSED FINANCING

Tres-Or Resources Ltd. proposes, subject to the acceptance of the TSX Venture Exchange, to undertake a private placement to raise up to $250,000 by the issuance of up to 10 million units at a price of 2.5 cents per unit pursuant to a discretionary waiver of the five-cent minimum pricing requirement granted by the TSX Venture Exchange. Each unit will be composed of one common share and one warrant exercisable for two years at a price of five cents in the first year and 10 cents in the second year. Approximately $60,000 of the proceeds from the offering will be used to pay outstanding accounts payable, which include approximately $20,000 due to related parties. A further approximately $100,000 will be used for property payments, and the balance will be used for general working capital.

The offering will be conducted under available exemptions from the prospectus requirements of applicable securities legislation, and participation in the offering will be available to existing shareholders in qualifying jurisdictions in Canada in accordance with the provisions of Multilateral CSA Notice 45-313 and B.C. Instrument 45-354. The company has set Nov. 24, 2015, as the record date for the purpose of determining shareholders entitled to participate in the offering in reliance on the existing shareholder exemption. Qualifying shareholders who wish to participate in the offering should contact the company. If the offering is oversubscribed for, shares will be allocated pro rata amongst all subscribers.

This offering replaces that detailed in the company's news releases dated May 1, 2015, June 19, 2015, and July 20, 2015.

It is anticipated that the offering will close on or before Dec. 31, 2015.