Firestone Ventures Inc. Announces Stock Options Grant

Toronto, Ontario--(Newsfile Corp. - August 4, 2016) - The Board of Directors of Firestone Ventures Inc. (TSXV: FV) (FSE: F5V1) ("Firestone" or the "Company"), have granted to certain officers, directors and consultants of the Company, stock options ("Options") exercisable for an aggregate of 3,375,000 Common Shares, at an exercise price of $0.05 per Common Share for a period of five years from the date of grant. 125,000 Options vest immediately and the balance of 3,250,000 Options vest as to one-third (⅓) on the date of grant, one-third (⅓) on the first anniversary of the date of grant and one-third (⅓) on the second anniversary of the date of grant.

Firestone is a junior exploration mining company engaged in the identification, evaluation, acquisition and exploration of mineral property interests, with a focus on industrial and precious metals. The Company is currently permitted to explore for zinc, silver, and lead on certain property interests in Guatemala.

For further information, please contact:

F. Carson Noel
President and CEO
Tel: 416 367-3200
E: carson@firestoneventures.com

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.