Brionor Announces Termination of Noyell Property Option with Wealth Minerals

TORONTO, ONTARIO--(Marketwired - Aug. 2, 2016) -

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Brionor Resources Inc. ("Brionor" or the "Company") (TSX VENTURE:BNR) announces that it has received formal notification from Wealth Minerals Limited ("Wealth") that pursuant to the Option Agreement dated July 23, 2015 ("Agreement"), it will not proceed with its Year 2 option payment and therefore the option is terminated (as of July 24, 2016), and the Noyell property has been returned 100% to Brionor. Wealth's decision to drop the option was due to a corporate change of focus, and in no way is reflective of the specific merits of the Noyell property itself. Brionor is pleased to have regained 100% of Noyell and is evaluating all options to advance the property.

Brionor, also announces that its 2016 3^rd Quarter Financial Statements and MD&A have been filed on SEDAR today.

Brionor is a junior mining exploration company with a portfolio of exploration projects in Québec.

Neither TSX 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.