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File: AAR NR ArmadaUSA Oxygen RL Nov 6 18.doc

ARMADA MERCANTILE LTD.
9575 Pinehurst Drive
Roseville, CA 95747
Tel: 916-746-0029    
cole@armadamercantile.com 

November 6, 2018

TRADE SYMBOL:  ARM-Canadian Securities Exchange
TRADE SYMBOL: AAMTF-OTC Markets United States

Oxygen Funding, Inc. launches Revenue Line Products and Services  


N E W S      R E L E A S E

Armada Mercantile Ltd., (Symbol: ARM and AAMTF) announces that Oxygen Funding, Inc. ("Oxygen"), an affiliated ownershi
--->p company of Armada Group USA, Inc., has completed the infrastructure setup to begin offering revenue line products an
--->d services nationwide. Oxygen's underwriting and servicing platform allows for a swift startup into revenue line servi
--->ces with existing factoring clients, capital on hand and minimal staffing needs. A revenue line provides a line of cre
--->dit calculated against recurring revenue (licensing, royalties, and subscriptions). It operates by establishing the bi
--->lling and collections history to derive an advance rate. Then the last month's billing is advanced this month and repa
--->id by the same day in the next month. This allows our client to have much more stable cash flow throughout the month. 
--->It will reduce the frequency where situations arise that cause these businesses to seek short term borrowing solutions
--->. Our terms are cheaper than most cash advance solutions and we are likely to provide more financing than most provide
--->rs will approve. Oxygen seeks to yield as high as 24% APR on average for a revenue line transaction. (See enclosed Rev
--->enue Line Fact Sheet and Brochure).
About Oxygen Funding: Oxygen Funding is a fully licensed trade finance lender (California Finance Lenders & Brokers li
--->cense #603G957) that has been funding commercial businesses since 2007. Oxygen Funding finances new clients sourced, u
--->nderwritten and serviced by an in-house staff. Oxygen Funding also evaluates existing portfolios for potential purchas
--->e. As an outsourced service provider, Oxygen Funding offers underwriting and servicing services to finance companies, 
--->investors and brokers who wish to build their own factoring portfolios. For more information on Oxygen Funding, please
---> visit: www.oxygenfunding.com.
For more information pertaining to Armada Mercantile Ltd., visit: www.armadamercantile.com. 

                                                                                        "Patrick Cole"   
       President 
Contact Telephone Number: 916-746-0029
This press release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of th
--->e Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions reflecting som
--->ething other than historical fact are intended to identify forward-looking statements, but are not the exclusive means
---> of identifying such statements. These forward-looking statements involve a number of risks and uncertainties. The act
--->ual results that the Company achieves may differ materially from any forward-looking statements due to such risks and 
--->uncertainties. The Company undertakes no obligations to revise or update any forward-looking statements in order to re
--->flect events or circumstances that may arise after the date of this news release. The risks and uncertainties discusse
--->d in documents filed by the Company with the British Columbia, Alberta and Ontario Securities Commissions.