Revival Gold

Dalradian Resources Notes Possible Offer for Minco Plc

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TORONTO, ONTARIO--(Marketwired - March 21, 2017) - Dalradian Resources Inc. (TSX:DNA)(AIM:DALR) ("Dalradian" or the "Company") notes the announcement made today by Minco plc ("Minco") of a possible offer for Minco by Dalradian under Rule 2.4 of the Irish Takeover Panel Act, Takeover Rules 2013. For a full description of the terms of the possible offer, readers should refer to Minco's announcement under Rule 2.4 dated March 21, 2017 which is available at the link provided below:

www.mincoplc.com

The information contained at the link provided above is not incorporated by reference into this press release.

About Dalradian Resources Inc.

Dalradian Resources Inc. is a gold exploration and development company that is focused on advancing its high-grade Curraghinalt Gold Project located in Northern Ireland, United Kingdom.

Responsibility Statement

The Directors of Dalradian accept responsibility for the information contained in this announcement. To the best of their knowledge and belief (having taken all reasonable care to ensure that such is the case), the information contained in this announcement is in accordance with the facts and does not omit anything likely to affect the import of such information.

Rule 2.10 Disclosure

In accordance with Rule 2.10 of the Irish Takeover Rules, Dalradian confirms that it has 250,042,747 Common Shares in issue and admitted to trading on the Toronto Stock Exchange and AIM Market of the London Stock Exchange plc. In addition there are (i) 8,981,666 options over Common Shares, (ii) 41,047,220 Warrants over Common Shares, (iii) 1,375,000 Restricted Share Units and (iv) 294,000 Deferred Share Units outstanding. The ISIN code for Dalradian's Common Shares is CA2354991002.

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