Received by email:

File: News Release - 20170221 THEMAC Amends loan agreement.docx

THEMAC RESOURCES GROUP LIMITED
 Suite 488 - 625 Howe Street
 
 
 Vancouver, BC -  Canada V6C 2T6
 
 
 T (+1) 505 881-1353  F (+1) 604 608-9023
 
 
 TSXV: MAC
 
 
THEMAC Enters into Amending Loan Agreement with Tulla Resources Group Pty Ltd 

VANCOUVER, BRITISH COLUMBIA-(February 21, 2017) - THEMAC Resources Group Limited (TSX VENTURE:MAC) ("THEMAC" or the "C
--->ompany") is pleased to announce that the Company has entered into an Amending Loan Agreement (the "Amending Agreement"
--->) with Tulla Resources Group Pty Ltd. ("Tulla"). Tulla will increase its loan under the previously amended loan agreem
--->ent dated October 20, 2016 (the "Tulla Loan") with THEMAC from its amount of CAD$42,300,000 to CAD$43,500,000. 

The Tulla Loan is due on demand and accrues interest at a rate of 20% per annum.

The advance from Tulla is a related party transaction under TSX Venture Exchange Policy 5.9 because Tulla is a control
---> person of the Company. The Company is relying on the exemption from the requirement to obtain a valuation on the basi
--->s that the Issuer is not listed on a market specified under MI 61-101, and the Company is relying on the exemption fro
--->m minority shareholder approval provided under MI 61-101 in relation to loans made on commercially reasonable terms wh
--->ich are not convertible into voting or equity securities of the Company.

The Amending Agreement was approved by the independent directors of the Company.  

About THEMAC Resources Group Limited
THEMAC is a copper development company with a strong management team and as of May 18, 2011, a 100% ownership interest
---> in the Copper Flat copper-molybdenum-gold-silver project in New Mexico, USA. We are committed to bringing the closed 
--->copper mine, Copper Flat, in Sierra County, New Mexico back into production with innovation and a sustainable approach
---> to mining development and production, local economic opportunities, and the best reclamation practices for our unique
---> environment. The Company is listed on the TSX Venture Exchange (ticker: MAC) and has issued share capital of 79,400,1
--->22 common shares (fully diluted share capital 89,052,316).
For more information please visit www.themacresourcesgroup.com or review the Company's filings on SEDAR (www.sedar.com
--->).

For further information contact:

THEMAC Resources Group Limited 

Andrew Maloney
Chief Executive Officer
Phone:   +1 505.382.5770
www.themacresourcesgroup.com


File: News Release - 20170221 THEMAC Amends loan agreement.pdf

  THEMAC RESOURCES GROUP LIMITED                                               Suite 488 - 625 Howe Street
                                                                            Vancouver, BC - Canada V6C 2T6
                                                                        T (+1) 505 881-1353 F (+1) 604 608-9023
                                                                                       TSXV: MAC


THEMAC Enters into Amending Loan Agreement with Tulla Resources
                        Group Pty Ltd
VANCOUVER, BRITISH COLUMBIA--(February 21, 2017) - THEMAC Resources Group Limited (TSX
VENTURE:MAC) ("THEMAC" or the "Company") is pleased to announce that the Company has entered into
an Amending Loan Agreement (the "Amending Agreement") with Tulla Resources Group Pty Ltd. ("Tulla").
Tulla will increase its loan under the previously amended loan agreement dated October 20, 2016 (the
"Tulla Loan") with THEMAC from its amount of CAD$42,300,000 to CAD$43,500,000.

The Tulla Loan is due on demand and accrues interest at a rate of 20% per annum.

The advance from Tulla is a related party transaction under TSX Venture Exchange Policy 5.9 because Tulla
is a control person of the Company. The Company is relying on the exemption from the requirement to
obtain a valuation on the basis that the Issuer is not listed on a market specified under MI 61-101, and the
Company is relying on the exemption from minority shareholder approval provided under MI 61-101 in
relation to loans made on commercially reasonable terms which are not convertible into voting or equity
securities of the Company.

The Amending Agreement was approved by the independent directors of the Company.
About THEMAC Resources Group Limited
THEMAC is a copper development company with a strong management team and as of May 18, 2011, a 100% ownership
interest in the Copper Flat copper-molybdenum-gold-silver project in New Mexico, USA. We are committed to bringing the
closed copper mine, Copper Flat, in Sierra County, New Mexico back into production with innovation and a sustainable
approach to mining development and production, local economic opportunities, and the best reclamation practices for ou
--->r
unique environment. The Company is listed on the TSX Venture Exchange (ticker: MAC) and has issued share capital of
79,400,122 common shares (fully diluted share capital 89,052,316).

For more information please visit www.themacresourcesgroup.com or review the Company's filings on SEDAR
(www.sedar.com).


For further information contact:

THEMAC Resources Group Limited

Andrew Maloney
Chief Executive Officer

Phone:    +1 505.382.5770
www.themacresourcesgroup.com