Kivalliq Appoints Yeung as CFO and Dare as Corporate Secretary

VANCOUVER, BC--(Marketwired - January 21, 2016) - Kivalliq Energy Corporation (TSX VENTURE: KIV) ("Kivalliq") today announced, pursuant to a professional services contract signed with Corex Management Inc., the following management appointments effective January 31, 2016: Michelle Yeung Chief Financial Officer and Jeffrey Dare, Corporate Secretary.

Corex Management Inc. serves a range of clients that are comprised of independent private and public companies listed on the TSX-V. The scope of the services provided to Kivalliq will include accounting, administration, finance and corporate compliance.

Appointment of new officers:

Chief Financial Officer

Michelle Yeung is a chartered professional accountant with five years of financial reporting experience. She earned her designation articling with a Vancouver-based accounting firm, providing audit, assurance and accounting services. Her latest experience includes providing financial reporting services to both private and TSX Venture Exchange-listed resource exploration companies, including serving as the CFO of Bluestone Resources Inc. (BSR.V). She earned her bachelor of business administration degree with a concentration in accounting at Simon Fraser University.

Corporate Secretary

Jeffrey Dare has over 7 years of professional experience with respect to managing external reporting and corporate compliance for TSX Venture Exchange listed issuers. He currently serves as the Corporate Secretary for Riverside Resources Inc. (RRI.V), Northair Silver Corp. (INM.V), Bluestone Resources Inc. (BSR.V), and Corex Management Inc., a private administration company. Through Corex Management Inc. he also advises a number of private companies spanning different industries and jurisdictions. Mr. Dare works closely with external partners and service providers in the areas of legal, compliance, transfer agency, audit, banking and insurance. Mr. Dare earned a BA from Simon Fraser University and has completed the Canadian Securities Course. After University he started his financial career working at a major Canadian bank.

These appointments come with the departure of Jonathan Singh from the role of Kivalliq's CFO and Corporate Secretary. Kivalliq's board and management team is very grateful for Mr. Singh's many years of dedication and hard work on Kivalliq's behalf and wishes him great success in his future endeavours.

About Kivalliq Energy Corporation

Kivalliq Energy Corporation (TSX VENTURE: KIV) is a Vancouver-based company with a portfolio of high-quality uranium exploration projects in Canada. Kivalliq holds Canada's highest-grade uranium resource outside of Saskatchewan. The Company's flagship project, the 105,280 hectare Angilak Property in Nunavut Territory, hosts the Lac 50 Trend with a NI 43-101 Inferred Resource of 2,831,000 tonnes grading 0.69% U3O8, totaling 43.3 million pounds U3O8. Kivalliq's comprehensive exploration programs continue to advance the Lac 50 Trend and demonstrate the "District Scale" potential of the Angilak Property. For disclosure related to the inferred resource for the Lac 50 Trend uranium deposits, please refer to Kivalliq's news release of March 1, 2013.