Montana District Court Rules on Procedural Matter in Lucky Minerals Case; Judge Orders to Vacate Hearing for Oral Arguments Regarding Vacatur of Exploration License

Vancouver, BC – July 5, 2018 –  Lucky Minerals Inc. (TSX.V: LJ) (OTCQB: LKMNF) (“Lucky” or the “Company”) announces that Montana’s Sixth District Court has issued an order to vacate a July 10, 2018 hearing in the Lucky Minerals matter. The hearing was previously set to hear oral arguments regarding the Plaintiffs’ Motion for Vacatur of Exploration License for Lucky’s Emigrant Project. The matter brought by anti-development environmental groups, Park County Environmental Council and Greater Yellowstone Coalition, failed to comply with Montana Rules of Civil Procedure.

After reviewing the Plaintiff’s Conditional Notice of Constitutional Question, the Notice of Special Appearance of the Office of the Attorney General and State of Montana, the Plaintiff’s response to the Notice of Special Appearance and Requirements of Rule 5.1 of Montana Rules of Civil Procedure, the Honorable Judge Brenda R. Gilbert issued a decision that states, “good causes exist for the following order” and detailed the procedural missteps committed by the Plaintiffs.

“We are pleased with Judge Gilbert’s ruling on the matter,” said Robert Rosner, President and CEO of Lucky Minerals, Inc. “Due process starts with strict adherence to a well-defined legal code and procedures.”

Lucky and its subsidiary, Lucky Minerals Montana (LMM) submitted an exploration license application in February 2015, for its Emigrant Project, seeking authorization to conduct exploration activities within its privately-owned patented St. Julian Claim Block located in the Emigrant Mining District approximately 12 miles southeast of Emigrant, Montana.

On July 26, 2017, Montana Department of Environmental Quality (MDEQ) issued a final environmental assessment (EA) and approved Lucky’s exploration license application for core drilling activities on the western flank of the Absaroka Mountains in Park County, Montana. MDEQ’s purpose and need in conducting the environmental review was to assure compliance with the Metal Mine Reclamation Act (MMRA).

In response to MDEQ’s decision, Park County Environmental Council and Greater Yellowstone Coalition filed a lawsuit to set aside MDEQ’s Environmental Assessment . The court entered a decision on May 23, 2018 concluding that MDEQ had violated Montana Environmental Policy Act (MEPA) and remanded the matter back to MDEQ for additional environmental review.

In June 2018, the Plaintiffs filed Motion for Leave to Amend Complaint and Motion for Vacatur of Exploration License along with a previously submitted Conditional Notice of Constitutional Question intending to challenge the constitutionality of Montana Code Annotated 75-1-201 (6) (c) and (d).  When the Conditional Notice was filed the Plaintiffs failed to comply with Montana Rules of Civil Procedure.

Judge Gilbert’s order dated June 29, 2018 states, “Because the requirements of Rule 5.1 M.R. Civ. P have not been met, the court must vacate the hearing.”

About the Lucky Minerals & Emigrant Project:

Lucky Minerals Inc. and its subsidiary, Lucky Minerals Montana (LMM) are managing licensed exploration activities of the Emigrant Project which is located on private property within the historic Emigrant Mining District in Southern Montana. LMM is committed to a transparent and collaborative public process in shaping the Emigrant Project to match the community’s culture and economic development needs. Lucky Minerals shares trade on the TSX Venture Exchange under the trading symbol LJ and through the OTCQB under the symbol LKMNF.

ON BEHALF OF THE BOARD

“Robert Rosner”

Chief Executive Officer

Contact Information: Further information regarding the Company can be found on SEDAR at www.SEDAR.com, by visiting the Company website at www.luckyminerals.com or contacting the Company directly at info@luckyminerals.com or (866) 924-6484.

 This news release may contain forward–looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Particular risks applicable to this press release include risks associated with planned production, including the ability of the company to achieve its targeted production outline due to regulatory, technical or economic factors. In addition, there are risks associated with estimates of resources, and there is no guarantee that a resource will have demonstrated economic viability as necessary to be classified as a reserve. There is no guarantee that additional exploration work will result in significant increases to resource estimates differ materially from those currently anticipated in such statements. Particular risks applicable to this press release include risks associated with planned production, including the ability of the company to achieve its targeted production outline due to regulatory, technical or economic factors. In addition, there are risks associated with estimates of resources, and there is no guarantee that a resource will have demonstrated economic viability as necessary to be classified as a reserve. There is no guarantee that additional exploration work will result in significant increases to resource estimates

The TSX Venture Exchange (TSX.V) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.

We seek safe harbour.