LeadFX Announces Resignation of Director

TORONTO, Aug. 14, 2017 /CNW/ - LeadFX Inc. (the "Company" or "LeadFX") (TSX: LFX) today announced that the board of directors (the "Board") has accepted Mr. Peter Robson's resignation as director of the Company, effective immediately. Peter Robson has served on the Board since June, 2012.

Rob Scargill, President and CEO, comments: "Peter has always been an active director, contributing considerable insight into operating a mining business in Australia and was highly influential during the mine restart in 2013. On behalf of the Board and the entire management team, I would like to thank him for his many contributions over the years."

Remaining on the Board are Robert Metcalfe (Chairman), David Warner, Michel Marier and Dr. David Dreisinger. The Company is actively pursuing a replacement independent director to fill the Board vacancy.

About LeadFX

LeadFX is a Canadian-based mining company focused on the development of lead-silver projects located in stable jurisdictions. Our current portfolio includes a restart-ready lead operation in Western Australia and a development project in Utah, USA. The Company continues to seek opportunities at its new properties in North America to underpin future cash flow and growth. LeadFX trades under the symbol "LFX" on the Toronto Stock Exchange.

SOURCELeadFX Inc.

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