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File: XCX_Private placement news release_06may19.pdf

                       Chinook Announces Private Placement Financing

BERLIN, Germany, May 6th, 2019   Chinook Tyee Industry Limited ("Chinook") (TSXV: XCX)
(FSE: C4T), announces a non-brokered placement of up to 10,000,000 common shares at a price of
$0.15 per share for gross proceeds of up to $1.5-million for working capital purposes. All securities
issued pursuant to the offering will be subject to a statutory hold period of four months plus a day
from issuance in accordance with applicable securities laws. Chinook expects to complete the
offering on or before June 2019.




Chinook Tyee Industry Limited
Chinook is a Berlin based investment company with two European subsidiaries, AMP Alternative
Medical Products GmbH (AMP) and Mercury Partners & Company plc. AMP plans to import
pharmaceutical grade (EU-GMP) cannabis produced by Canadian licensed producers into Germany.
AMP in cooperation with its business partners will provide EU-GMP audit, logistical,
transportation, importation and other related services for the importation of medical cannabis into
Germany. Mercury Partners & Company plc is a Malta based investment holding company that
invests mainly in German distressed assets. Chinook has 10,217,796 shares outstanding and trades
on the TSX Venture Exchange (symbol: "XCX") and Frankfurt Stock Exchange (symbol: "C4T").
www.amp-eu.com.

Cautionary Statements
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the
shares in the United States. The shares have not been and will not be registered under the United
States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws
and may not be offered or sold within the United States or to U.S. Persons unless registered under
the U.S. Securities Act and applicable state securities laws or an exemption from such registration
is available.

This news release contains forward-looking statements that are based on the Company's
expectations, estimates and projections regarding its business and the economic environment in
which it operates, including with respect to the completion of the offering, the timing thereof and
the expected use of proceeds from the offering. Although the Company believes the expectations
expressed in such forward-looking statements are based on reasonable assumptions, such
statements are not guarantees of future performance and involve risks and uncertainties that are
difficult to control or predict. Therefore, actual outcomes and results may differ materially from
those expressed in these forward-looking statements and readers should not place undue reliance
on such statements. These forward-looking statements speak only as of the date on which they are
made, and the Company undertakes no obligation to update them publicly to reflect new information
or the occurrence of future events or circumstances, unless otherwise required to do so by law.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
 For further information, please contact:

Canada
Mr. Alex Blodgett, Director
Tel: +1 (236) 833-1602
Email: investor@amp-eu.com

Germany
Email: investor@amp-eu.de


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SOURCE Chinook Tyee Industry Limited