CALGARY, ALBERTA--(Marketwired - April 28, 2017) - BlackPearl Resources Inc. ("BlackPearl" or the "Company") (TSX:PXX)(OMX:PXXS) reports the following, in accordance with the Swedish Financial Instruments Trading Act:

As a result of the exercise of stock options, as at April 28, 2017, the number of issued and outstanding shares of the Company is 336,208,902 common shares with voting rights.

The information in this release is subject to the disclosure requirements of the Company under the Swedish Financial Instruments Trading Act. The information was submitted for publication at 3:00 p.m. Mountain Time on April 28, 2017.

Contact Information:

John Festival
President and Chief Executive Officer
(403) 215-8313

Don Cook
Chief Financial Officer
(403) 215-8313
(403) 265-5359 (FAX)

Robert Eriksson
Investor Relations Sweden
+46 701-112615
www.blackpearlresources.ca