August 9, 2016

	Murchison Minerals Ltd. has announced a consolidation of its issued and outstanding share capital on the basis of one (1) post consolidation share for each ten (10) pre-consolidation common shares.&nbsp; No fractional shares will be issued. Any fraction of a share will be rounded up to the nearest whole number.

	As a result, the outstanding shares of the company will be reduced to approximately 15,853,688.

	The shares will begin trading on a consolidated basis and with a new CUSIP number on August 10, 2016.

	The name and symbol will not change.

	Please note that all open orders will be canceled at the end of business today, August 9, 2016. Dealers are reminded to re-enter their orders taking into account the share consolidation.

	&nbsp;

	Trading on a Consolidated Basis:&nbsp; August 10, 2016

	Record Date:&nbsp; August 12, 2016

	NEW CUSIP:&nbsp; 626426209

	NEW ISIN:&nbsp; CA 6264262099

	&nbsp;

	If you have any questions or require further information, or to be removed from the mailing list please contact Listings at (416) 367-7340 or E-mail: <a href="mailto:Listings@thecse.com">Listings@thecse.com</a>

Murchison Minerals Ltd.

2016-0808 – Consolidation - Murchison Minerals Ltd. (MUR)

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