Revelo Announces Appointment of Ralph Rushton as Director and Resignation of Mario Szotlender as a Director

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 18, 2017) - Revelo Resources Corp. ("Revelo" or the "Company") (TSX VENTURE:RVL) announces the resignation of Mr. Mario Szotlender from the Board of Directors of the Company effective May 17, 2017. Mr. Szotlender will continue to collaborate with the Company as a consultant to the Board and Management Team. Mr. Ralph Rushton has been appointed as Director to replace Mr. Szotlender.

The Board would like to acknowledge Mr. Szotlender's valuable contributions to the Company over many years, and wishes him success in his future endeavors, and looks forward to continue working with him in his new advisory capacity.

Mr. Rushton has a B.Sc. in geology from Portsmouth University in the UK, a Master's degree in economic geology from the University of Alberta, and a Certificate in Business Communications from Simon Fraser University. He has over 30 years' experience in mining and exploration gained from working as a geologist for both the Rio Tinto and Anglo American groups in Southern Africa, the Middle East and Eastern Europe, and more recently with several of the GoldGroup companies in a business development and investor relations capacity. He is currently a director or officer of a number of Canadian listed resource companies.

ABOUT REVELO

Revelo has consolidated an outstanding portfolio of 25 projects prospective for copper, gold and silver located along proven mineral belts in one of the world's top mining jurisdictions - Chile. Revelo's total exposure to mineral tenements in northern Chile is around 300,000 hectares, of which about 60,000 hectares (two projects) are subject to third party exploration expenditures.

Revelo is a Canadian company and is listed on the TSX Venture Exchange (TSX VENTURE:RVL). For more information, please visit Revelo's website at www.reveloresources.com.

ON BEHALF OF THE BOARD

Timothy J. Beale, President & CEO

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENT

This news release contains certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact, that address events or developments that Revelo expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential", "indicate" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Revelo believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward-looking statements.