Secova Closes Private Placement

Vancouver, British Columbia–(Newsfile Corp. – September 29, 2017) – Secova Metals Corp. (TSXV: SEK) (FSE: N4UN) (OTC: SEKZF) (“Secova”) is pleased to announce that it has closed the non-brokered private placement financing previously announced on September 26, 2017 through the issuance of 16,292,981 flow-through units (the “FT Units”) issued at a price of $0.055 and 1,400,000 non-flow-through units (the “NFT Units) issued at a price of $0.05 for gross proceeds of $966,113. Each F-T and N-F-T Unit consists of one common share and one-half warrant that expires in 12 months.

The Units were issued on the terms previously announced and are subject to a four month plus one day hold period pursuant to applicable securities laws of Canada.

In connection with part of this financing, the Company paid finders’ fees of $77,289.12 in cash, issued 707,719 in common shares and 707,719 finder’s warrants (“Finders Warrants”) to EMD Financial Inc. Each Finder’s Warrants entitles the holder to acquire one additional share at an exercise price of $0.055 for a period of twelve months.

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