Alba Minerals completes $591K private placement

News Release

ALBA MINERALS LTD. CLOSES $590,500.02 NON-BROKERED PRIVATE PLACEMENT.

Vancouver, British Columbia, November 29, 2017 – Alba Minerals Ltd. (“Alba”) (TSX-V: AA; AXVEF:US; Frankfurt: A117RU) is pleased to announce that the TSX Venture Exchange has
accepted for filing the first tranche of a private placement for total gross proceeds of $590,500.02. The Company issued a total of 9,841,667 units at a price of $0.06 per unit. Each unit will be comprised of one (1) common shares and one (1) share purchase warrant. Each warrant is exercisable at a price of $0.075 for one (1) year from the date of issuance. All securities issued in connection with the offering will be subject to a statutory hold period of four months plus a day from the date of issuance, in accordance with applicable securities legislation.

Insiders of the Company subscribed for a total of 5,000,000 common shares.

Proceeds from the offering will be used for general working capital and corporate purposes. No finder’s fees were paid.

Alba Minerals Ltd. (TSX-V: AA.V, AXVEF:US, Frankfurt: A117RU) is a Vancouver based junior resource company focusing on the development of Lithium Properties in the Clayton Valley of Nevada and Salta Lithium Projects in Argentina.

Please visit our web site for further information: www.albamineralsltd.com.
ON BEHALF OF THE BOARD OF DIRECTORS
/s/ “Sandy MacDougall”
Chairman
Alba Minerals Ltd.