Blackpearl Announces Mailing of Meeting Materials for Annual and Special Meeting of Shareholders

Calgary, Alberta, March 28, 2018 (GLOBE NEWSWIRE) — BlackPearl Resources Inc. (“we”, “our”, “us”, “BlackPearl” or the “Company”) (TSX: PXX) (NASDAQ Stockholm: PXXS) is pleased to announce the mailing to BlackPearl shareholders of record as at March 15, 2018 of a management information circular and related meeting materials in connection with the annual and special meeting of shareholders scheduled to be held at the Calgary Petroleum Club, 319 – 5^th Avenue SW Calgary Alberta on Thursday May 3, 2018 at 10:00 a.m. (Mountain Daylight Time). The meeting materials are also available on SEDAR at www.sedar.com and the Company’s website at www.blackpearlresources.ca.

Holders of our Swedish Depository Receipts can obtain the management information circular and voting instruction form from Pareto Securities AB on their website at www.paretosec.com or by emailing issueservice.se@paretosec.com.

This is information that BlackPearl Resources Inc. is obliged to make public pursuant to the EU Market Abuse Regulation and the Swedish Securities Markets Act. The information was submitted for publication at 3:00 p.m. Mountain Time on March 28, 2018.

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For further information, please contact:

John Festival - President and Chief Executive Officer
Tel.: (403) 215-8313

Don Cook – Chief Financial Officer
Tel: (403) 215-8313

Robert Eriksson – Investor Relations Sweden
Tel.: +46 8 545 015 50