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-NEWPORT EXPLORATION LTD - ROYALTY AND FINANCIAL UPDATE

Vancouver, British Columbia - Newport Exploration Ltd ('Newport' or 'the Company') is pleased to report that it has received its after tax 2.5% gross overriding petroleum royalty payment for the 3 month period from November 2016 - January 2017.

Gross royalty income for the period was AUD$ 1,266,920. The payment received by Newport of AUD$ 886,844 is net of 30% Australian withholding taxes (AUD$ 380,076) in accordance with an Australian Tax Office ('ATO') ruling disclosed in the Company's N

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