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GUNGNIR RESOURCES INC - REPORT

Gungnir Resources Inc. is a Canadian-based TSX-V listed mineral exploration company with gold and base metal exploration in northern Sweden within a region hosting 12 million ounces of gold delineated in existing and mined resources, plus several past-producing and producing base metal mines.

The Company's key gold project, Knaften, is situated at the southern extension of the "Gold Line" which hosts a number of gold deposits including Faboliden and Svartliden (Dragon Mining), and Barsele (Agnico Eagle and Barsele Minerals).

The Company also has permits covering two nickel deposits in Sweden, Lappvattnet and Rormyrberget which collectively host 70 million pounds of nickel in historical resources (see NR dated February 24, 2015), and newly staked Norrbotten gold and base metal permits in the Norrbotten District. Gungnir additionally holds a $5,000,000 royalty stream and received the first annual payment of $1,000,000 on May 2, 2017. The next annual payment of $1,000,000 is due on April 30, 2018. Further information about the Company and its properties may be found at www.gungnirresources.com or at www.sedar.com

Gungnir Receives Second $1,000,000 Advance Royalty Payment

Gungnir Receives $100,000 for Granting One-Month Extension on Second Advance Royalty Payment

Gungnir Receives Permits and Outlines Detailed Drill Plans for Sweden

Gungnir Submits Application to Expand Norrbotten; Adds High-Grade Nickel (3.5%), Cobalt (1.76%)

Company Presentation Company Website Management Knaften Project Lappvattnet Project Norrbotten Project