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JOGMEC Joint Venture to Add Additional 4,200 Metres of Drilling to Pampa Union Project

TORONTO, ONTARIO–(Marketwired – May 30, 2017) – Arena Minerals Inc. (TSX VENTURE:AN) (“Arena” or the “Company“) is pleased to report that the Japan Oil Gas and Metals National Corporation (“JOGMEC”) and the Arena joint venture have decided to increase the proposed budget for the Pampa Union drill program that forms part of the US$17.5 million JOGMEC joint venture. The additional funds shall allow for a further 4,200 metres of drilling, which shall focus on following up on the discovered porphyry system in drill hole PU-RC-39 (refer to press release dated February 21, 2016).