Vancouver, BC, May 22nd, 2018. Further to its news release of May 10th, 2018, Grosvenor Resource Corporation (the “Company”) is pleased to report it has received TSX-V approval and closed its transaction to acquire the Powder Property, for consideration of $7,500 and the issuance of 50,000 common shares of the Company.

The Powder Property acquisition is an arm’s length transaction.

For further corporate information contact:

Tyler Friesen 604-685-6851 info@gvrresource.com

Neither 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.