Bullet Exploration Inc. (the 'Company') (TSXV: AMMO) announces that it has made the following changes to its Board of Directors and Officer postings.

Mr. Anthony Zelen will join the Company as President and Chief Executive Officer and as a member of the Board of Directors. Mr. Zelen is a serial entrepreneur with over 27 years of experience in finance, investor relations, sales, and corporate development. Anthony was a co-founder of BIGG Digital Assets Inc., which, at its zenith, reached a market cap in excess of C$900 Million.

Since 2006 he has been the owner and president of Senergy Communications Capital Inc., which has focused on the public markets and is involved in investor relations, public relations, social media and strategic marketing for the technology, cannabis, pharmaceutical, mining and oil & gas sectors. Anthony has served as officer and director of at least 16 publicly listed companies over the last 27 years. His business activities within the venture capital arena enabled him to establish a network of angel investors, family offices, accredited investors, and investment banking contacts throughout North America, Europe and Asia

Mr. Allen Wilson will join the Company as a member of the Board of Directors. Mr. Wilson brings extensive capital markets and corporate development experience and possesses a farreaching network of relationships across North America and Europe. Allen has been a successful investor, fundraiser and business development strategist for the past 30 years, working with emerging micro-cap companies across multiple industries. Based in the United Kingdom, Allen is also a Director of London Based Regents Park Securities and a Director and the founder of Jericho Energy Ventures Inc. He is a passionate golfer and is the Past-President Marine Drive Golf Club in Vancouver, BC

Mrs. Maggie Zhao will join the Company as Chief Financial Officer.

Maggie possesses in excess of 10 years' experience in accounting and business administration in the oil and gas industry. She previously held a senior accounting position at Newcastle Energy Corp. since May 2012, and has been working with Jericho Energy Ventures Inc. as a corporate controller since January 2014. Maggie holds a CGA, CPA designation along with a bachelor of technology degree in Accounting from BCIT

Ms. Renata Kubicek will join the Company as Corporate Secretary.

Renata is the founder and principal of ArtemisWest Corporate Services Inc., a corporate services company based in Burnaby, B.C. Ms. Kubicek has over 30 years' experience in the corporate and securities industry having worked in small boutique law firms as a securities/corporate paralegal. She has extensive knowledge and expertise in continuous disclosure requirements, TSX-V/NEX/CSE compliance, corporate governance and in preparing and co-ordinating corporate and securities transactions. She has worked with many Canadian public and private companies and has successfully assisted with a variety of initial public offerings, stock exchange listings and financings.

Contact:

Anthony Zelen

Chief Executive Officer

T: 778-388-5258

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