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Exploration company focused on acquisition of precious and base metal properties in the Americas

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Message: First Point Minerals Announces Trading in the Company's Shares Will

Move to TSX-V Following Voluntary De-listing From the TSX

2016-09-30 04:00:00 PM ET (Marketwire Canada)

VANCOUVER, BC--(Marketwired - September 30, 2016) - First Point Minerals Corp. (TSX: FPX) ("First Point" or the "Company") announces that following a voluntary de-listing of its common shares from the Toronto Stock Exchange after the close of trading on Friday, October 14, 2016, the common shares will be listed for trading on the TSX Venture Exchange (TSX-V), effective at the opening of the market on Monday, October 17th. There will be no interruption in trading of the Company's common shares and the Company's trading symbol will continue to be "FPX".

The decision to move to the TSX-V was made in order to reduce annual administrative costs.

About First Point

First Point Minerals Corp. is focused on the exploration and development of the Decar Nickel-Iron Alloy Project, located in central British Columbia, and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite. For more information, please view the Company's website atwww.firstpointminerals.com or contact Martin Turenne, President and CEO, at (604) 681-8600.

On behalf of First Point Minerals Corp.

"Martin Turenne" Martin Turenne, President and CEO

Forward-Looking Statements

Certain of the statements made and information contained herein is considered "forward-looking information" within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.

Neither the Toronto Stock Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

First Point Minerals Corp. Suite 725 - 1155 West Pender Street Vancouver, BC Canada V6E 2P4 Tel: 604.681.8600Fax: 604.681.8799 e-mail: [email protected]

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