Great Bear Resources

Constantine Announces Issuance of Stock Options

Vancouver, British Columbia--(Newsfile Corp. - December 24, 2018) - Constantine Metal Resources Ltd. (TSXV: CEM) ("Constantine" or the "Company") announces the issuance of 225,000 stock options with an exercise price of $0.44 cents per share for the purchase of up to 225,000 shares of the Company, expiring December 24, 2023. The stock options are being issued to an officer and to a director of the Company and are subject to approval by regulatory authorities.

About the Company

Constantine is a mineral exploration company led by an experienced and proven technical team with a focus on premier North American mining environments. In addition to the Company's flagship copper-zinc-lead-silver-gold (barite) Palmer Joint Venture Project, Constantine also controls a portfolio of high-quality, 100% owned, gold projects that the Company intends to spin out into a separate entity. These include the very high-grade Johnson Tract Au-Ag-Zn-Cu-Pb deposit, located in coastal south-central, Alaska and projects in the Timmins, Ontario gold camp that include the large, well-located Golden Mile property and the Munro Croesus Gold property, which is renowned for its exceptionally high-grade past production. Management is committed to providing shareholder value through discovery, meaningful community engagement, environmental stewardship, and responsible mineral exploration and development activities that support local jobs and businesses.

Please visit the Company's website (www.constantinemetals.com) for more detailed company and project information.

On Behalf of Constantine Metal Resources Ltd.

"Garfield MacVeigh"

President

For further information please contact:
Garfield MacVeigh, President or Naomi Nemeth, VP Investor Relations
Phone: 604-629-2348. Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Note:

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.

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Constantine Metal Resources

Last Trade: C$0.185
Daily Volume: 3,000
Market Cap: C$8.390M

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