(via Thenewswire.ca)

Vancouver, B.C. / TheNewswire / May 10, 2016 - UMBRAL ENERGY CORP. (CSE: UMB) (OTCQB: UMBBF) (the " Company " or " Umbral ") is pleased to announce that, Umbral Energy Corp. has entered into a property purchase agreement with Zimtu Capital Corp. to acquire a 100-per-cent interest in the Gerlach Nevada Lithium Brine Project . The property is 1,780 acres and is located approximately 125km north east of Reno, Nevada. Access is by an all-weather road from Gerlach, NV.

The exploration target is strategically placed in an underexplored closed basin. The basin sits in an area structurally comparable to that of Clayton valley, being bounded by normal faults to the east and west of the property and surrounded by volcanics such as rhyolitic flows and tuffs.

The company plans to immediately execute an exploration program to determine the potential of a mass Lithium brine. The exploration program will consist of surface sampling, along with shallow aquifer fluid analysis. The preliminary sampling with be followed by a high resolution geophysical program to better define potential drill targets.

The Gerlach Lithium Project is one of the closest Li brine projects to the construction of Tesla's Giga Factory. The Gelach property is located only 120km to the north, this would allow feasible transportation of lithium compounds.

T he company can earn a 100% interest in both the previously acquired Tule Valley Project and the Gerlach Project by completing the following: issuing three million common shares upon regulatory approval, and paying cash considerations totalling $160,000 over the next two years. A 2% NSR royalty has also been granted to the vendors, which half (50%) of the NSR Royalty can be purchased by the company at any time for $1-million.

Jag Bal, President of Umbral commented," The acquisition of the Gerlach project has quickly moved Umbral into one of the hottest sectors in the resource and energy space. The company believes that due to growing world demand for lithium, the Gerlach project, located in Nevada near Tesla's Gigafactory, has the potential to deliver strong returns for our shareholders over the short and long term. We look forward to aggressively advancing work on both of our projects."

The Company is not proceeding with the Washington State property lease announced on February 5, 2016.

About Umbral Energy Corp.

The Company is currently listed as a junior resource issuer having mineral exploration projects. The Company is considering other activities to increase shareholder value, including non-resource projects.

The Company has a mineral exploration project in Quebec, Canada as well as an interest in oil and gas property in Alberta, Canada.

In addition, the Company is conducting diligence in regards to the commercial cultivation of marijuana under the newly established Health Canada regulations, through its subsidiary PhyeinMed. While it is the intention of Umbral and PhyeinMed to obtain a MMPR License, there can be no assurances that it will receive the necessary permits to operate.

Qualified Person:

The technical content of this news release has been reviewed and approved by Phil van Angeren, a registered Professional Geologist with APEGA, and a Qualified Person under the provisions of National Instrument 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS OF UMBRAL ENERGY CORP.

"Jag Bal"

Jagdip BAL

President and CEO

Neither Canadian Securities Exchange nor its Regulation Services Provider have reviewed or accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors - including the availability of funds, the results of financing efforts, the results of exploration activities -- that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time on SEDAR (see www.sedar.com) . Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise .

Copyright (c) 2016 TheNewswire - All rights reserved.