News Release May 29, 2019 TRADE SYMBOL: ARM – Canadian Stock Exchange TRADE SYMBOL: AAMTF – OTC Markets

Armada Mercantile Ltd. has awarded a incentive stock option to Duran Kinst Strategies, LLC a marketing and social media consultant.

This award is in compliance with the terms of the Company’s Stock Option Plan and the stock options are exercisable into common shares at CN$0.30 per share for a term expiring May 27, 2021.

About Duran Kinst Strategies, LLC: Duran Kinst Strategies is helping its clients reach new heights using digital media. Relational rather than transactional, the DKS team works closely with its clients to understand their unique needs and tailor custom strategies to help them reach their goals.

For more information on Duran Kinst Strategies, please visit: Duran Kinst Strategies