North River Resources : Result of GM & Cancellation

North River Resources plc / Ticker: NRRP / Index: AIM / Sector: Mining

17 March 2017

("North River" or the "Company")

North River announces that the Resolution proposed at the General Meeting today at 10.30 a.m. was duly passed by Shareholders.

Accordingly, the cancellation of the admission to trading on AIM of the Ordinary Shares is expected to occur, at 7.00 a.m. on 27 March 2017.

As announced on 21 February 2017, following Cancellation, the Company intends to appoint Asset Match to facilitate trading in the Ordinary Shares. Asset Match, a firm authorised and regulated by the Financial Conduct Authority, will operate an electronic off-market dealing facility for the Ordinary Shares. This facility will allow Shareholders to trade their Ordinary Shares on a matched bargain and arm's length basis via periodic auctions. Shareholders will continue to be able to hold their shares in uncertificated form (i.e. in CREST) and should check with their existing stockbroker that they are able trade in unquoted shares.

The matched bargain trading facility operates under its own code of practice which governs the behaviour of participants and the running of the actions. Further information can be found at www.assetmatch.com. A further announcement on this will be made as and when appropriate.

However, Shareholders should note that, following the Cancellation becoming effective, even if such a trading service is put in place, there will be no public market or trading facility on any recognised investment exchange for the Ordinary Shares and, accordingly, the opportunity for Shareholders to realise their investment in the Company will be much more limited and there will be no public valuation of Ordinary Shares held.

Further, whilst Shareholders will still have access to certain information following Cancellation (such as the Company's annual results), Shareholders will no longer be afforded the protections given under the AIM Rules and it will be subject to fewer operational restrictions and less stringent accounting and reporting requirements.

All capitalised terms used herein shall have the same meaning, unless stated or the context requires otherwise, as given to them in the circular dispatched to Shareholders on 21 February 2017, which is available on the Company's website at http://www.northriverresources.com/

Ben Harber (Company Secretary) North River Resources Plc Tel: +44 (0) 20 7264 4366

Andrew Emmott / Ritchie Balmer Strand Hanson Limited

Tel: +44 (0) 20 7409 3494

Ben Weaver / Matthew Wilson Asset Match Limited Tel: +44 (0) 20 7248 2788

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.