Far Resources Appoints R. Stuart (Tookie) Angus to its Board of Advisors

Vancouver, British Columbia--(Newsfile Corp. - June 24, 2016) - Far Resources Ltd. (CSE: FAT) ("Far Resources" or "the Company") is pleased to announce that it has appointed Mr. R. Stuart (Tookie) Angus to its Board of Advisors. Mr. Angus is an independent business advisor to the mining industry and currently sits as chair of Nevsun Resources Ltd. He was formerly Head of the Global Mining Group for Fasken Martineau. For the past 30 years, Mr. Angus has focused on structuring and financing significant international exploration, development and mining ventures. More recently, he was managing Director of Mergers & Acquisitions for Endeavour Financial and was responsible for merger and acquisition mandates. Mr Angus is the former Chairman of the Board of BC Sugar Refinery Limited, he was a Director of First Quantum Minerals until June 2005, a Director of Canico Resources Corporation until it's takeover by CVRD in 2005, a Director of Bema Gold until it's takover by Kinross Gold in 2007, a Director of Ventana Gold until it's takeover by AUX Canada Acquisition in 2011 and a Director of Plutonic Power until its merger with Magma Energy in 2011.

Mr. Keith Anderson, Far Resources' CEO, commented, "We are very pleased to welcome Tookie to our Board of Advisors. His broad experience in mining and expertise in developing mining ventures will be invaluable to the Company as we move forward with our strategic plan for our projects in Manitoba and New Mexico."

About the Company

Far Resources Ltd. is an exploration company, publicly traded on the Canadian Securities Exchange under the symbol FAT, focused on the identification and development of high potential mineral opportunities in stable jurisdictions.

ON BEHALF OF THE BOARD OF DIRECTORS OF
FAR RESOURCES LTD.
"Keith C. Anderson"
President & CEO
604-805-5035

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. All of the forward-looking statements made in this news release and the accompanying graphic links are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required under applicable securities legislation. This news release does not constitute an offer to sell securities and the Company is not soliciting an offer to buy securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.