March 29 News Release

Vancouver, BC, March 30, 2016:   Further to its news release of March 29, 2016, Gem International Resources Inc. is making the following clarification:

In exchange for the option, the company has agreed to, over a two-year period, make aggregate cash option payments of $800,000 (U.S.) (including $300,000 (U.S.) being the initial working capital as part of the exploration expenditures), issue an aggregate five million common shares of the company to the vendors and contribute an aggregate of $5-million (U.S.) toward the exploration expenditures.

On behalf of the Board of Directors,
Gem International Resources Inc.

“Simon Tam”
Simon Tam, CEO and Director

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