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Golden Peak Appoints Terry Topping as Director and Receives Approval of Name Change to BlueBird Battery Metals Inc. and Symbol Change to BATT



Vancouver, British Columbia / TheNewswire / April 16, 2018 - Golden Peak Minerals (TSXV: GP; US:GPKMF) (the "Company" or "Golden Peak") is pleased to announce the appointment of Mr. Terry Topping as a director effective April 17, 2018. Mr. Topping will replace Mr. Dominic Verdejo on the Board. Golden Peak wishes to thank Mr. Verdejo for his contribution to the Company since 2015.

In addition, the TSX Venture Exchange (the "TSXV") has approved both the Company's name change to BlueBird Battery Metals Inc. ("BlueBird") and symbol change to "BATT" for its common shares listed on the TSXV, both effective on April 17, 2018. Trading will commence on the TSXV under the new symbol "BATT" on April 17, 2018. Until the symbol is changed in the United States, the Company's shares will continue to trade under the symbol "GPKMF".

"First of all, I am excited and pleased to welcome Mr. Topping as a director and the newest member of the focused team of BlueBird Battery Metals Inc. The ability to attract a mining professional of Terry's stature and with his extensive background, validates our new vision," stated Peter A. Ball, Chairman and CEO of Golden Peak. "I look forward to working closely with Terry as we move quickly to advance BlueBird's mineral portfolio, which includes the Canegrass Ni-Co-Cu Project in Western Australia. Terry brings a wealth of knowledge and experience in the Australian metals industries, which will be crucial to our overall corporate strategy."

Mr. Topping, currently Executive Chairman of Kairos Minerals Inc. (ASX: KAI), has more than 25 years of experience in mineral exploration and development worldwide and has played a key role in the incubation, listing and development of numerous ASX-listed resource companies over the past two decades. His previous management roles have included Executive Director of ASX-listed nickel, copper and gold explorer Rumble Resources (ASX: RTR); Managing Director of ASX-listed uranium explorer Cauldron Energy (ASX: CXU); and Executive Director of ASX-listed gold explorer Taipan Resources (later Intrepid Mines), which discovered the high-grade Paulsen's Gold Deposit now being mined by Northern Star Resources (ASX: NST). Mr. Topping brings a broad contact network throughout the global resource sector as well as extensive capital markets experience, where he has been involved in numerous IPOs, corporate transactions, capital raisings and project acquisitions and divestments. Mr. Topping is also Non-Executive Director of Orinoco Gold Limited (ASX: OGX).

"I am excited to be joining BlueBird as it focuses within the Battery Metals sector. BlueBird's Canegrass is an exciting project not only because of the nickel and cobalt identified within the property, but also noting it is close to being drill ready and contains multiple targets within an exciting mineral camp," commented Terry Topping. "I am looking forward to working with the management and technical team at BlueBird, and to help accelerate exploration activities and assit in securing other strategic projects to unlock shareholder value during this pivotal growth phase."

Golden Peak also announces, that noting its corporate name change to BlueBird Battery Metals Corp. its new corporate website will be launched on April 17, 2018 and can be found at www.bluebirdbatterymetals.com.

The Company also advises that it has granted under its stock option plan, incentive stock options to Mr. Topping for the purchase of up to 200,000 common shares at a price of $0.285 per share for a period of three years, subject to the acceptance of the TSX Venture Exchange.

The Company's annual general and special meeting is scheduled for April 30, 2018 (the "Meeting"). With the announcement of Terence Topping as a director and the resignation of Dominic Verdejo, management advises that the management nominees for election appearing in the Information Circular for the Meeting are changed in that Mr. Verdejo will not be standing for election and Mr. Topping is added as a board nominee for election. Mr. Verdejo's name remains on the proxy because the Meeting materials were already sent prior to this change. Proxies granted in favour of the named management nominees will be voted by management in favour of electing Mr. Topping as a director, unless the proxy contains specific instructions otherwise that withhold votes for the named director nominees.

About Golden Peak

Golden Peak (TSXV: GP) is a Canadian publicly listed company focused on the global exploration and development of strategic battery metals projects, primarily cobalt and nickel. The Company's goal is to pursue a business model that offers direct and long-term leverage to the price appreciation in nickel and cobalt, two principal materials in EV batteries. Battery metals are part of an emerging sector with extraordinary potential, whilst cobalt is facing a global supply deficit and exists within a vulnerable supply chain.

On Behalf of the Board of Golden Peak Minerals,

Peter A. Ball,

Chairman & Chief Executive Officer

For more information, please contact 1-(604)-678-5308 or info@goldenpeakminerals.com.

Neither TSX Venture Exchange, the Toronto Stock Exchange nor their Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This News Release includes certain "forward-looking statements". Other than statements of historical fact, all statements included in this release, including, without limitation, statements regarding future plans and objectives of Golden Peak Minerals Inc., are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Golden Peak's expectations are the risks detailed herein and from time to time in the filings made by Golden Peak Minerals Inc. with securities regulators.