MONTREAL, QUEBEC--(Marketwired - July 4, 2017) - KHALKOS EXPLORATION INC. ("Khalkos") (TSX VENTURE:KAS) is pleased to announce the closing of the option transaction with Dundee Precious Metals inc. (« Dundee ») as described in the press release of May 23rd, 2017. Khalkos has received the first payment under the terms of the agreement, a cash amount of $92,500 and 10,000 common shares of Dundee. The TSX Venture Exchange has issued its conditional approval to the transaction.

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.

Contact Information:

Robert Gagnon, P.Geo
(819) 825-2303

Christian Guilbaud, B.A.A
Corporate Development
(514) 510-7964 (FAX)