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File: NRT - News Release Shares for Debt Share Issuance.pdf

                                  BIG NORTH GRAPHITE CORP.
                                 Suite 700 - 1155 West Pender Street
                                      Vancouver, BC V6E 2P4
                                         Tel: (604) 723-0710

                  THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO
         U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES

                               Big North Debt Settlement Completed


Vancouver, B.C., August 26, 2016 - BIG NORTH GRAPHITE CORP. (TSX-V: NRT) (the "Company"),
announces that it has settled accrued debts aggregating in the amount of $200,094.05 by the issuance of 4,001,881
common shares in total at a deemed price of $0.05 per share. The Company's choice to settle outstanding
indebtedness with the issuance of common shares will preserve its funds for forward operations. The issuance of
common shares received approval from the TSX Venture Exchange and is subject to a 4-month hold period expiring
on December 26, 2016.

Included in total share issuance of 4,001,881 common shares, as set out in the paragraph above, the Company settled
accounts payable to two insiders by the issuance of, 2,090,000 common shares (the "Insider Debt Settlement").
As a result of the Insider Debt Settlement, Spiro Kletas President and CEO of the Company, received 1,890,000
common shares and Andrew H. Rees, a director of the Company received 200,000 common shares. The Insider
Debt Settlement is considered to be a "related party transaction" as defined under Multilateral Instrument 61-101
("MI 61-101"). The Company intends to rely on the exemptions from the valuation and minority shareholder
approval requirements of MI 61-101 contained in sections 5.5(b) and 5.7(a) of MI 61-101 in connection with such
issuance.

ON BEHALF OF THE BOARD

(signed) "Spiro Kletas"
Spiro Kletas
President and Chief Executive Officer

Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
 

File: NRT - News Release Shares for Debt Share Issuance.docx


BIG NORTH GRAPHITE CORP. Suite 700 - 1155 West Pender Street Vancouver, BC  V6E 2P4 Tel: (604) 723-0710

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO  U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES

Big North Debt Settlement Completed



Vancouver, B.C., August 26, 2016 - BIG NORTH GRAPHITE CORP. (TSX-V: NRT) (the "Company"), announces that it has settle
--->d accrued debts aggregating in the amount of $200,094.05 by the issuance of 4,001,881 common shares in total at a deem
--->ed price of $0.05 per share.   The Company's choice to settle outstanding indebtedness with the issuance of common sha
--->res will preserve its funds for forward operations. The issuance of common shares received approval from the TSX Ventu
--->re Exchange and is subject to a 4-month hold period expiring on December 26, 2016. 

Included in total share issuance of 4,001,881 common shares, as set out in the paragraph above, the Company settled ac
--->counts payable to two insiders by the issuance of, 2,090,000 common shares (the "Insider Debt Settlement"). As a resul
--->t of the Insider Debt Settlement, Spiro Kletas President and CEO of the Company, received 1,890,000 common shares and 
--->Andrew H. Rees, a director of the Company received 200,000 common shares. The Insider Debt Settlement is considered to
---> be a "related party transaction" as defined under Multilateral Instrument 61-101 ("MI 61-101"). The Company intends t
--->o rely on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in s
--->ections 5.5(b) and 5.7(a) of MI 61-101 in connection with such issuance.

ON BEHALF OF THE BOARD

(signed) "Spiro Kletas" Spiro Kletas President and Chief Executive Officer

Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in policies of the TSX Ven
--->ture Exchange) accepts responsibility for the adequacy or accuracy of this release.