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TEARLACH RESOURCES LIMITED ANNOUNCES REVOCATION OF CEASE TRADE ORDER

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Vancouver, British Columbia, October 11, 2018 – Tearlach Resources Limited ("The Company") (NEX: TEA.H) is pleased to announce that effective October 11, 2018 the British Columbia Securities Commission has revoked the cease trade order issued February 3, 2017 against the Company. Also, effective October 11, 2018, a reciprocal revocation is effective in Alberta.

The Company has filed audited financial statements for the years ended September 30, 2016, and 2017 and unaudited interim financial statements for the quarters ended December 31, 2017, March 31, 2018 and June 30, 2018 and has met its continuous disclosure obligations.

The Company is currently inactive and is listed on the TSX Venture Exchange NEX Exchange. The Company intends to focus its efforts in the mineral exploration area.  Management has extensive expertise in mineral exploration, project evaluation and development, construction, mining operations, and general corporate and project management.

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not historical facts and are subject to risks and uncertainties which could cause actual results and the timing of certain events to differ materially from those set forth in or implied herein including, without limitation, risks associated with oil and gas exploration, development and production operations and other risks, uncertainties and other factors that are beyond the control of the Company.

Charles Ross
Director

TEARLACH RESOURCES LTD.

Suite 2300 – 1177 W. Hastings Street
Vancouver, BC, Canada V6E 2K3
Tel: 604.688-5007
Fax: 604.909-4682
 

Neither the TSX Venture Exchange nor its Regulation Service provided (as that term is defined in the polices of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein.

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