Rizal Resources : Debt

NEWS RELEASE

Symbol: RZL-TSX.V

RIZAL DEBT

January 8, 2018 - Vancouver, British Columbia: Rizal Resources Corporation (TSXV: RZL) ("Rizal" or the "Company") The company announces that it has come to agreement with debt holders to renew and issue notes in the amount of $785,378 with a conversion price of $0.05 and a 12 month expiry date. The note holders will also receive 15,707,960 warrants. Each warrant is exercisable into a common share of the company for a period of 3 year from the issuance date at an exercise price of $0.05 per share.

The Company also announces that it has received equity purchases for 3,227,000 Units. Each Unit consists of one common share of the Corporation and one Share Purchase warrants allowing the holder to convert into one additional common share at a price of $0.05 for up to 3 years.

The new issuance is subject to the approval of the TSX-V and the warrants will be subject to a 4 month hold period.

The above warrants will be subject to an accelerated expiration period in the event the Company's shares trade on a recognized exchange at more than $0.20 for a 15-day period, which will include days where no shares trade, after a period that is four months and a day from the issuance of the Warrants.

Peter Main President and [e-mail]

For further information please visit our website atwww.rizalresources.com,email us [e-mail]

Phone: [phone] Fax: [phone]

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.