August 31, 2015
Flow-Through Private Placement and Change of Auditor
Vancouver, B.C. -- Parlane Resource Corp. ("Parlane" or the "Company") announces a non-brokered private placement arranged by the Company for the issuance of up to 250,000 flow-through shares at $0.10 per share (for proceeds of up to $25,000), with net proceeds being applied towards the Company's Big Bear Project. The private placement is subject to Exchange acceptance. All of the securities issued pursuant to this offering will have a hold period expiring four months after the closing date.

The Company also announces that it has appointed Wolrige Mahon LLP, Chartered Accountants, as auditors of the Company for the May 31, 2015 fiscal year.

The appointment follows the resignation of the former auditors, BDO Canada LLP, Chartered Accountants at the request of the Company. The Company reports that there have been no reservations in the report of BDO Canada LLP for the audits of the most recently completed fiscal period and, in the opinion of the Company, prior to the appointment of Wolrige Mahon LLP, there were no reportable events. A reportable event is an occurrence in relationship between the reporting issuer and the former auditor which may have been a contributing factor in the change.

A reporting package has been filed with the regulators and will be included in the management materials sent to shareholders for the next annual general meeting of the Company.

ON BEHALF OF THE BOARD

Signed "Robert Eadie"
Robert Eadie, President, Chief Executive Officer and Director

FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-602-4935
Facsimile: 1-604-602-4936
Website: www.parlaneresource.com
Contact: Robert Eadie

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

You can view the Previous News item: Thu Jun 11, 2015, Parlane Issues Shares to Settle Debt

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