Fjordland Reports Correction to News Release

NEWS RELEASE NR#17-05

Fjordland Reports Correction to News Release

Vancouver, BC, August 23, 2017 ─ Fjordland Exploration Inc. (TSX-V: FEX) reports a correction to news release dated August 18, 2017. Common shares issued in connection with the closing of the private placement and all common shares issuable upon exercise of Warrants and Finder Warrants, are subject to a four month hold period and may not be traded until December 18, 2017 (not September 18, 2017 as previously reported).

About Fjordland Exploration Inc.

Fjordland Exploration Inc. is a mineral exploration company that is focused on the discovery of large scale potentially economic deposits located in Canada. For further information visit Fjordland’s website at www.fjordlandex.com

On behalf of the Board of Directors,

“Richard C. Atkinson”

Richard C. Atkinson, P.Eng.

President & CEO

For further information, please call:

FJORDLAND EXPLORATION INC.

Richard C. Atkinson, President and CEO

1-604-805-3232

info@fjordlandex.com

www.fjordlandex.com

Some statements in this news release may contain forward-looking information. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programs on schedule and the success of exploration programs.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.