Black Widow Resources Inc. Announces Stock Option Grants

TORONTO, ONTARIO--(Marketwired - March 21, 2016) - Black Widow Resources Inc. (the "Company") (TSX VENTURE:BWR) announces the grant of 930,000 options to officers, directors, service providers and consultants. 880,000 of these options were granted to directors and officers of the Company and the balance of 50,000 options were granted to consultants and service providers. Each option has a five year term; is exercisable at $0.05 per share and vest immediately.

Black Widow is a public company (TSX VENTURE:BWR) focused on exploring for base and precious metals, with exploration projects in Northern Ontario, and more recently in Northern Quebec, Canada. Management of Black Widow includes an accomplished group of exploration/mining specialists with many decades of operational experience in the junior resource sector.

Neither the Toronto Venture Exchange nor its 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.

For more information about Black Widow please visit our website: www.blackwidowresources.com.