Sokoman Iron Corp. Announces Flow-Through Financing

Sokoman Iron Corp. Announces Flow-Through Financing

December 29, 2017 – Sokoman Iron Corp., TSX-V SIC (the “Company” or “SIC”) is pleased to announce that it has filed documents with the TSX Venture Exchange (the “Exchange”) seeking approval for a non-brokered Flow-Through private placement (the “Placement”) for gross proceeds of $174,960 consisting of 2,916,000 flow-through units at a price of $0.06 per unit. The purchaser is Pavilion Flow-Through L.P. (2017).

Each flow-through unit under the Placement consists of one flow-through common share and one half warrant. Each full warrant will entitle the holder to purchase one additional non flow-through common share of the Company at an exercise price of $0.09 during the 24 months from the closing date. All securities issued in the Placement are subject to a four month hold period. In connection with the Placement, the Company will issue 109,350 finders warrants having the same terms as the flow through warrants issued under the Placement, and pay commissions totaling $13,122.00.

The Company plans on using the proceeds from the Placement on the Moosehead and Clarks Brook Gold Projects in Central Newfoundland. The acquisition of the Moosehead Gold project is subject to approval by the Exchange. The Company will use best efforts to ensure that such Canadian Exploration Expenses qualify as a “flow-through mining expenditure” for purposes of the Income Tax Act (Canada), related to the exploration of the Company’s exploration projects.

About Sokoman Iron Corp.

Sokoman Iron Corp. is a discovery-focused company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects in Central Newfoundland including the recently acquired (pending Exchange approval) Moosehead Gold Project, the Clarks Brook Project, and the East Alder/Crippleback Lake Projects, all straddling major gold bearing structures in the region. The Company also has a 100% interest in the Iron Horse Project in the eastern Labrador Trough, and an early stage antimony (Sb) property in central Newfoundland.

For further information please contact Timothy Froude at 709-765-1726, or by email at tfroude@sokomaniron.com

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.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. The TSX Venture Exchange Inc. has neither approved nor disapproved the contents of this press release. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Iron Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Iron Corp.

Sokoman Iron Corp. Closes Second And Final Tranche Of Financing

Sokoman Iron Corp. Closes Second and Final Tranche of Financing

December 12, 2017 – Sokoman Iron Corp., TSX-V SIC (the “Company” or “SIC”) is pleased to announce that, further to a new release dated November 27, 2017, it has filed documents with the TSX Venture Exchange (“the “Exchange”) seeking approval to close the second and final tranche of its previously announced non-brokered private placement (the “Placement”) for additional gross proceeds of $103,900, consisting of 200,000 non flow-through units at a price of $0.05 per unit for gross proceeds of $10,000 and 1,565,000 flow-through units at a price of $0.06 per unit for gross proceeds of $93,900. The aggregate proceeds raised to date total $707,900. The Placement is subject to the final acceptance of the Exchange.

Each flow-through unit under the Placement consists of one flow-through common share and one half warrant. Each full warrant will entitle the holder to purchase one additional non flow-through common share of the Company at an exercise price of $0.09 during the 24 months from the closing date.

Each non flow-through unit under the Placement consists of one non flow-through common share and one whole warrant. Each warrant will entitle the holder to purchase one additional non flow-through common share of the Company at an exercise price of $0.07 during the 36 months from the closing date.

All securities issued in the Placement are subject to a four month hold period. In connection with the Placement, the Company will issue 625,500 finders warrants having the same terms as the non-flow through warrants issued under the Placement, and pay finders fees and other commissions totaling $32,130.

The Placement was effected with three insiders of the Company subscribing for 508,835 Units for aggregate subscription proceeds of $26,442, that portion of the financing a “related party transaction” as such term is defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company is relying on exemptions from the formal valuation and minority approval requirements set out in MI 61- 101. The Company is exempt from the formal valuation requirement of MI 61-101 under sections 5.5(a) and (b) of MI 61-101 in respect of the transaction as the fair market value of the transaction, insofar as it involves the interested party, is not more than the 25% of the Company’s market capitalization, and no securities of the Company are listed or quoted for trading on prescribed stock exchanges or stock markets. Additionally, the Company is exempt from minority shareholder approval under sections 5.7(1)(a) and (b) of MI 61-101 as, in addition to the foregoing, (i) neither the fair market value of the Flow-Through Units nor the consideration received in respect thereof from interested party exceeds $2,500,000, (ii) the Company has one or more independent directors who are not employees of the Company, and (iii) all of the independent directors have approved the transaction. Material change reports were not filed 21 days prior to the closing of the financing because insider participation had not been established at the time the financing was announced.

The Company plans on using the proceeds from the Placement on the Moosehead and Clarks Brook Gold Projects in Central Newfoundland as well as for general working capital. The acquisition of the Moosehead Gold project is subject to approval by the Exchange. The Company will use best efforts to ensure that such Canadian Exploration Expenses qualify as a “flow-through mining expenditure” for purposes of the Income Tax Act (Canada), related to the exploration of the Company’s exploration projects.

Sokoman Iron Corp. is a discovery-focused company with projects in Newfoundland & Labrador, Canada. The Company’s primary focus is its portfolio of gold projects in Central Newfoundland including the recently acquired (pending Exchange approval) Moosehead Gold Project, the Clarks Brook Project, and the East Alder/Crippleback Lake Projects, all straddling major gold bearing structures in the region. The company also has a 100% interest in the Iron Horse Project in the eastern Labrador Trough, and an early stage antimony (Sb) property in central Newfoundland.

This news release has been reviewed and approved by Timothy Froude, P. Geo., a “Qualified Person” under National Instrument 43-101 and Interim CEO for Sokoman Iron Corp. For further information please contact Timothy Froude at 709-765-1726, or by email at tfroude@sokomaniron.com

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.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. The TSX Venture Exchange Inc. has neither approved nor disapproved the contents of this press release. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Iron Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Iron Corp.

Sokoman Iron Corp. Closes First Tranche Of Financing

Sokoman Iron Corp. Closes First Tranche of Financing

December 1, 2017 – Sokoman Iron Corp., TSX-V SIC (the “Company” or “SIC”)is pleased to announce that, further to a new release dated November 27, 2017, it has filed documents with the TSX Venture Exchange “the “Exchange”) seeking approval to close the first tranche of its previously announced non-brokered private placement (the “Placement”) for gross proceeds of $604,000, consisting of 11,720,000 non flow-through units at a price of $0.05 per unit for gross proceeds of $586,000 and 300,000 flow-through units at a price of $0.06 per unit for gross proceeds of $18,000. The Placement is subject to the final acceptance of the Exchange.

Each flow-through unit under the Placement consists of one flow-through common share and one half warrant. Each full warrant will entitle the holder to purchase one additional non flow-through common share of the Company at an exercise price of $0.09 during the 24 months from the closing date.

Each non flow-through unit under the Placement consists of one non flow-through common share and one whole warrant. Each warrant will entitle the holder to purchase one additional non flow-through common share of the Company at an exercise price of $0.07 during the 36 months from the closing date.

All securities issued in the Placement are subject to a four month hold period. In connection with the Placement, the Company will issue 540,000 finders warrants having the same terms as the non-flow through warrants issued under the Placement, and pay finders fees and other commissions totaling $27,000.

The Company plans on using the proceeds from the Placement on the Moosehead and Clarks Brook Gold Projects in Central Newfoundland as well as for general working capital. The acquisition of the Moosehead Gold project is subject to approval by the Exchange. The Company will use best efforts to ensure that such Canadian Exploration Expenses qualify as a “flow-through mining expenditure” for purposes of the Income Tax Act (Canada), related to the exploration of the Company’s exploration projects.

7735 Leslie Road West Puslinch, Ontario N0B 2J0 www.sokomaniron.com

The Placement was effected with an insider of the Company subscribing for 200,000 Units for aggregate subscription proceeds of $10,000.00, that portion of the financing a “related party transaction” as such term is defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company is relying on exemptions from the formal valuation and minority approval requirements set out in MI 61- 101. The Company is exempt from the formal valuation requirement of MI 61-101 under sections 5.5(a) and (b) of MI 61-101 in respect of the transaction as the fair market value of the transaction, insofar as it involves the interested party, is not more than the 25% of the Company’s market capitalization, and no securities of the Company are listed or quoted for trading on prescribed stock exchanges or stock markets. Additionally, the Company is exempt from minority shareholder approval under sections 5.7(1)(a) and (b) of MI 61-101 as, in addition to the foregoing, (i) neither the fair market value of the Flow-Through Units nor the consideration received in respect thereof from interested party exceeds $2,500,000, (ii) the Company has one or more independent directors who are not employees of the Company, and (iii) all of the independent directors have approved the transaction. Material change reports were not filed 21 days prior to the closing of the financing because insider participation had not been established at the time the financing was announced.

On behalf of the Board of Directors

Timothy Froude, P. Geo

Interim CEO

709-765-1726

tfroude@sokomaniron.com

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. The TSX Venture Exchange Inc. has neither approved nor disapproved the contents of this press release. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Iron Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Iron Corp.

Sokoman Iron Corp Announces $800,000 Private Placement Financing

SOKOMAN IRON CORP ANNOUNCES $800,000 PRIVATE PLACEMENT FINANCING

November 27, 2017, Puslinch, ON. – Sokoman Iron Corp (Sokoman) (TSX-V: SIC) is pleased to announce a non-brokered private placement financing (“Financing”) consisting of up to 3,333,333 flow-through units (“FT Units”), each FT Unit being issued at $0.06 and consisting of one (1) Flow-through Common Share and one half (1/2) of a Common Share Purchase Warrant (“FT Warrant”), each full FT Warrant being exercisable at $0.09 for 24 months, and up to 12,000,000 non flow-though units (“Units”), each Unit being issued at $0.05 and consisting of a Common Share and a Common Share Purchase Warrant (“Warrant”), each Warrant being exercisable at $0.07 for 36 months, for total gross proceeds of $800,000.

The Common Shares comprising the FT Units and the Common Shares issuable upon exercise of the Common Share Purchase Warrants will be subject to a four (4) month hold period commencing on the Closing Date, being the date of issuance of the Units.

Proceeds from the Financing will be used to advance the Moosehead Gold Property (see the Company’s news release November 9, 2017) and for general working capital purposes.

The proposed financing and associated terms are subject to TSX Venture Exchange approval.

On behalf of the Board of Directors of Sokoman Iron Corp.

“Timothy Froude”

Timothy Froude, CEO

For further information please contact Timothy Froude at 709-765-1726, or by email at tfroude@sokomaniron.com

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. The TSX Venture Exchange Inc. has neither approved nor disapproved the contents of this press release. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Iron Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Iron Corp.

Sokoman Iron Corp To Option Moosehead Gold Property In Central Newfoundland From Altius Resources Inc.

November 9, 2017, Puslinch, ON. – Sokoman Iron Corp (Sokoman) (TSX-V: SIC) is pleased to announce that it has entered into a definitive agreement with Altius Resources Inc. (Altius) for the exclusive right to acquire a 100% interest (subject to an existing 0.5% NSR royalty) in Altius’s high grade Moosehead Gold Project in central Newfoundland (the Option). The 98 claim (2450 ha) property has returned numerous significant drill intercepts*, with highlights as follows;

DDH MH-01-13 returned 11.05 g/t gold over 17.11 m from 38.00 m downhole;

DDH MH-02-38 returned 14.07 g/t gold over 16.84 m from 74.38 m downhole;

The mineralization remains open along strike and to depth with the deepest intercept (MH-03-15) returning 277.96 g/t gold over 0.44 m starting at 257.26 m downhole. A total of 111 drill holes have been completed at the Moosehead property over a 2 km strike length of the 8.5 km long property with an average depth of only 108 m. True width of selected intercepts may vary between 30-100% of the reported interval. Structural analysis including information from the 2016 trenching and downhole televiewer analysis by Altius has provided a new interpretation of the structures controlling mineralization and concluded that most historic drilling on the property did not adequately test the mineralization. In addition, the source of mineralized float found during Altius’ 2016 trenching program on the property, along with panned gold grains, remains unresolved.

The Moosehead property is strategically located in north central Newfoundland with the TransCanada Highway crossing the northern portion of the property, and Route 360 lying 1.2 kms northwest of the bulk of the previous drilling. The town of Grand Falls-Windsor lies 20 kms west of the property, and the town of Gander is located 75 kms to the east. The deep water port of Botwood lies 17 kms north of the property and secondary roads and drill trails offer excellent access to virtually the entire property. Sokoman’s recently acquired Clarks Brook Gold project lies 33 kms southeast of Moosehead where a Phase 1 drilling program (515 m) recently concluded and for which assay results are pending.

Timothy Froude, P. Geo., Interim CEO states; “The addition of the high grade Moosehead Project to our expanding portfolio of gold projects in central Newfoundland is positioning Sokoman to be a significant player in this emerging district. The region is one of the more active districts in Canada and we intend to push forward with aggressive programs to take advantage of the momentum building in Newfoundland.”

As consideration for the Option, Sokoman will issue to Altius the equivalent of 19.9% of the issued and outstanding common shares of Sokoman following the completion of a proposed private placement, such securities to consist of common shares and warrants to acquire common shares of Sokoman. Upon closing of the Option, Altius will become an insider of Sokoman. Sokoman has also committed to fund a minimum of $500,000 in exploration expenditures as operator on the Moosehead project within the first year. Altius will retain a 1.5% NSR royalty and certain preferential rights on any future royalties or streams granted on the Moosehead property, and will be granted a pro rata right to participate in future equity financings of Sokoman for three years. Altius and Sokoman will have the right to include as part of the property any additional claims acquired by them within a two kilometre area of interest. Closing of the Option is subject to satisfaction of customary conditions, including the approval of the TSX Venture Exchange (Exchange) and, if applicable, shareholder approval, as well as the completion of, subject to Exchange approval, a minimum $500,000 private placement. There can be no assurance that the Option will be completed as proposed or at all.

*Note: Historical drill results reported in this release were from saw cut NQ sized drill core with analysis carried out by either ALS Chemex in Vancouver, B.C.; XRAL Laboratories in Don Mills, ON; or, Chimitec Laboratories in Val d’Or, QC. Vein material was analyzed by a 1000 gram metallic screen preparation and fire assay analysis, with standard fire assay for the remaining samples. A 32 element ICP scan was also completed on all samples. The work is historical in nature and non NI 43-101 compliant and SIC have not yet independently verified the data.

This news release has been reviewed and approved by Timothy Froude, P. Geo., a “Qualified Person” under National Instrument 43-101 and Interim CEO for Sokoman Iron Corp. For further information please contact Timothy Froude at 709-765-1726, or by email at tfroude@sokomaniron.com 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.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. The TSX Venture Exchange Inc. has neither approved nor disapproved the contents of this press release. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Iron Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Iron Corp.