(December 27, 2017, Vancouver, B.C., Canada) – First Energy Metals Limited (“First Energy” or the “Company”) announces a consolidation of up to one (1) new Common Share (post-consolidation) for (5) five current (pre-consolidation) common shares.

The share consolidation is pursuant to a resolution approved by the board of directors, and remains subject to TSX Venture Exchange approval.

On behalf of the Board of Directors of
FIRST ENERGY METALS LIMITED

“Ernest Peters”

Ernest Peters
President and CEO

For further information, contact:
Ernest Peters, President and Chief Executive Officer
First Energy Metals Limited
Telephone: 604-632-9602
Email: epeters@firstenergymetals.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.