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File: NR Earthworks Aug.24-16.docx




August 24, 2016



EARTHWORKS CLOSES $354,750 PRIVATE PLACEMENTS


Earthworks Industries Inc. ("Company") is pleased to announce that it has closed the sale, by exempt private placement
--->, of 2,838,000 Units - for $0.125 per Unit - to provide gross proceeds to the Company of $354,750.  Each Unit consists
---> of one share of the Company and one-half or a 2-year share purchase Warrant exercisable for $0,20 per share.  The War
--->rants are subject to forced exercise requirements if the shares of the Company trade on the TSX Venture Exchange at or
---> above $0.40 for 20 consecutive trading days.

No cash commissions are being paid.

Participants in the placements included two of the Company's Directors.

The shares issued as part of the Units - and any shares issued pursuant to the exercise of Warrants - will be subject 
--->to a non-trading hold period which will expire December 16, 2016,


For further information, contact:
 
 
Earthworks Industries Inc.
 
 David Atkinson
President/CEO
 
 604 669-3143
 
 
 
 
 
 

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 News Release.