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Fiore Exploration Files to Terminate SEC Reporting Obligations Continues US Trading on OTCQB

VANCOUVER, BC / ACCESSWIRE / April 24, 2017 / FIORE EXPLORATION LTD. (TSX-V:F.V) (FIORF) ("Fiore" or the "Company") announces its shares commenced trading on OTCQB® Venture Market in the United States under the symbol "FIORF" on December 6, 2016. The Company determined that the costs associated with continuing the registration and reporting obligations under the Exchange Act outweigh the benefits received by the Company from maintaining its registration and therefore, the Company will voluntarily file a Form 15F with the United States Securities and Exchange Commission ("SEC") to terminate the registration of its common shares under Section 12(g) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and its reporting obligations under Section 13(a) of the Exchange Act.

The Company's shares will continue to trade on the TSX Venture Exchange, and the Company will continue to meet its Canadian continuous disclosure obligations through filings with the applicable Canadian securities regulators and US disclosure obligations through the OTC Market Group. All of the Company's filings can be found at the SEDAR website at www.sedar.com or OTC Markets Group website at www.otcmarkets.com.

About Fiore Exploration

Fiore Exploration is a Latin America focused gold explorer whose projects in Chile include Pampas El Peñon and Cerro Tostado, adjacent to Yamana's flagship El Peñon gold-silver mine, and the high-sulphidation Rio Loa gold project in the prolific Maricunga Gold Belt.

"Tim Warman"
Chief Executive Officer

Contact Us:

1(416) 639-1426 Ext. 1

Neither the 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.

SOURCE: Fiore Exploration Ltd.