Contact and Donnycreek Announce Closing of Arrangement - Seite 3

Readers are cautioned that the foregoing list of factors is not exhaustive. Additional information regarding some of these risks, expectations or assumptions and other factors may be found in Contact's Management's Discussion and Analysis prepared for the year ended March 31, 2014 and other documents found on the Company's profile on www.sedar.com. The reader is cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof and the Company undertakes no obligations to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities within the United States. The securities to be offered have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of such act or other laws.

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.

Contact Exploration Inc.
Steve Harding
President & CEO
[phone] x201
[e-mail]

Contact Exploration Inc.
Raymond Sully
COO
[phone] x202
[e-mail]

Contact Exploration Inc.
Chad Kalmakoff
VP, Finance & CFO
[phone] x213
[e-mail]