Squire Announces Appointment of New Board Member

Squire Mining Ltd. (CSE:SQR) – Squire is pleased to announce that Stefan Matthews has been appointed to the Board of Directors.  Mr. Matthews has significant senior management and executive leadership experience totalling more than 30 years in the technology and online services sector, where he has been responsible for operations in Australia, Japan, Hong Kong, South Korea, Singapore, Spain, Malta and the United Kingdom at CIO, CTO and CEO level.  He has been actively involved in several IPOs (Australia and USA) and multiple mergers and acquisitions.

In 2015, Mr. Matthews was a founder and is currently Chairman of the nChain Group, known for global leadership in blockchain and bitcoin research. BMG, a division of the nChain Group has a significant investment in Bitcoin BCH mining, operating a diversified fleet in multiple locations.

Mr. Matthews holds a Bachelor of Financial Administration and a MBA (International Business) from the University of New England.

In connection with his appointment as a director, Mr. Matthews has been granted an incentive stock option to purchase 200,000 common shares at an exercise price of $0.77 per share, exercisable for a term of two years from the date of grant.

Squire Mining announces that Owen King has resigned as a director of the Company.  The Board wishes to thank Mr. King for his contribution to the Company and wishes him well for the future.

For further information contact:  Simon Moore, President and Chief Executive Officer
Telephone: (604) 929 – 0900

The Canadian Securities Exchange accepts no responsibility for the adequacy or accuracy of this release.

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Source: globenewswire.com