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Knol Resources Corp. Announces Change of Directors and Grant of Options

V.MYID

Vancouver, British Columbia--(Newsfile Corp. - March 22, 2017) - Knol Resources Corp., (TSXV: NOL.H) (the "Corporation") is pleased to announce the appointment of Mark Vanry to the Board of Directors of the Corporation. Mr. Vanry is the Chief Executive Officer and President of Tower Resources Ltd. and Chief Executive Officer and President of Rhys Resources Limited. Mr. Vanry is also co-founder and current partner of Vanry Capital, based in Vancouver, British Columbia. Mr. Vanry spent five years as Managing Director and Head of Equity Sales for Canaccord Adams UK. During his tenure, Canaccord Adams became the number one investment dealer for distribution of Canadian equity and equity-linked products to European investors. Prior to that, he was Vice President of US Equity Sales for Raymond James Ltd., based in London, and an Associate in Scotiabank's Latin American division in San Juan, Puerto Rico. He holds an MBA from the Richard Ivey School of Business at the University of Western Ontario and a BA from the University of British Columbia.

The Corporation also announces that Daryl Clark and Bryce Rhodes have resigned as directors of the Corporation in order to pursue other opportunities. The Corporation thanks Messrs. Clark and Rhodes for their many years of service and wishes them well on their future endeavours.

The Corporation reports that it has granted a total of 1,025,000 stock options ("Options") to the directors, officers and management company employees of the Corporation at the exercise price of $0.08 each expiring March 22, 2022. The Options are granted pursuant to the Corporation's stock option plan and are subject to regulatory approval.

For further information, please contact:

Michael Atkinson, President and Chief Executive Officer of Knol Resources Corp.
Email: atkinson@earlston.ca
Phone: (604) 689-1428

Neither the TSX Venture Exchange nor it 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.



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