Zazu Metals Corporation Announces Transfer to TSX Venture Exchange

VANCOUVER, Nov. 16, 2016 - Zazu Metals Corp. (TSX:ZAZ) ("Zazu" or the "Company") announced today that, further to the press release of October 5, 2016, the common shares of the Company have been accepted for listing on the TSX Venture Exchange (the "TSXV") through the TSXV streamlined listing procedures. The Company expects that trading on the TSXV will commence at the opening of the market on December 1, 2016. The trading symbol of the common shares will remain "ZAZ".

The Company expects a seamless transition from trading on the Toronto Stock Exchange (the "TSX") to the TSXV and will voluntarily delist from the TSX effective at the close of the market on November 30, 2016.


About Zazu Metals:

Zazu is a Canadian-based exploration company with a 50% operating interest in the Lik zinc - lead - silver deposit in Northwest Alaska, which is large tonnage, high grade and potentially open pittable. Zazu completed a positive PEA in 2014 and has the exclusive right to obtain 80% of the property by meeting certain spending commitments by 2018.

Additional information about Zazu including a company presentation is available at www.zazumetals.com.


Forward-looking statements: This News Release includes certain "forward-looking statements". These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of project development, capital and reclamation costs of the Company's mineral properties, and the Company's financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; discrepancies between estimated and actual resources and metallurgical recoveries; uncertainties inherent to economic studies in respect of the preliminary economic assessment; changes in project parameters as plans continue to be refined; ability to construct the necessary extension to the road access and any requirements for port modifications; litigation, legislative, environmental and other judicial, regulatory (including licenses and permits), political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.



Contact

Zazu Metals Corp.
Matthew Ford, President
210 858-7512
mford@zazumetals.com