Vancouver, British Columbia--(Newsfile Corp. - July 20, 2017) - Pacific Booker Minerals Inc. (TSXV: BKM) (OTC Pink: PBMLF) is
pleased to announce the intent to complete a non-brokered private placement consisting of approximately 1,000,000 units ("Units")
for total proceeds of $500,000. The units consist of one share at a purchase price of $0.50 and one warrant to purchase an
additional share at a price of $1.00 exercisable for a period of 24 months from the date of issuance. If, at any time, the Common
Shares close at a price of $1.40 or greater, for a period of 20 consecutive trading days, the Company may accelerate the expiry
date of the Warrants by giving notice to the warrant holders and the Warrants would expire on the 30th day after the date on which
notice is given by the Company. All securities issued will be subject to a four-month hold period from closing. The proceeds will
be used for general working capital. No finder's fee or commission will be payable for this private placement. The private
placement is subject to regulatory approval by the TSX Venture Exchange.
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On Behalf of the Board of Directors
"John Plourde"
John Plourde, Director
No regulatory authority has approved or disapproved the information contained in this release. This release
includes certain statements that may be deemed "forward-looking statements". Although the Company believes the expectations
expressed in such forward-looking statements are based on reasonable assumptions, statements are not guarantees of future
performance and actual results or developments may differ materially from the forward-looking statements. Factors that could cause
actual results to differ materially from those in forward-looking statements include market prices, exploration successes,
continued availability of capital and financing, general economic, market or business conditions. Investors are cautioned that any
such statements are not guarantees of future performance and that actual results or developments may differ materially from
those projected in the forward-looking statements.
