Copper Reef to Seek Shareholder Approval on Share Consolidation

Copper Reef Mining Corporation (the "Company") wishes to announce that it will be seeking shareholder approval for a share consolidation on a four (4) pre-consolidation basis for one (1) new post consolidation basis. The Annual and Special Meeting will be held on July 29, 2016. Even if the Share Consolidation Resolution is approved by shareholders at the upcoming Meeting of shareholders, the Company's directors will have the discretion not to proceed with the Share Consolidation, without further notice or approval.

Shareholders will also be asked to approve a potential name change to reflect a change in the strategic focus of the Company at the Annual and Special Meeting. Even if the Name Change Resolution is approved by shareholders at the upcoming Meeting of shareholders, the Company's directors will have the discretion not to proceed with the Name Change, without further notice or approval. 

The Company also wishes to announce that Harry Barr has resigned as a director of the Company, effective June 6, 2016, in order to focus his time on his own two companies. Harry will remain in an advisory position on Copper Reef's strategic decisions and corporate development. Copper Reef wishes to thank Harry for his valuable service as a board member and the enthusiasm he brought to Copper Reef about its assets and potential. 

ABOUT COPPER REEF MINING CORPORATION
Copper Reef is a Canadian junior mineral exploration company with a specific focus on mineral properties in northwest Manitoba and northeast Saskatchewan, Canada. All of the Issuer's properties are currently at the exploration stage. Our business plan is to acquire key properties enhance them or make a discovery and then to seek JV partners to further advance the projects. The Issuer has no long-term debt and has assembled a portfolio of base metal and precious metal prospects, including strategic locations in the Provinces of Manitoba and Saskatchewan. 
 

Copper Reef Mining Corporation
"signed"
Stephen L. Masson M.Sc. P.Geo.
President & CEO

No stock exchange or securities regulatory authority has reviewed or accepted responsibility for the adequacy or accuracy of this release. Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the Issuer's future plans, objectives or goals, including words to the effect that the Issuer or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties.