Vancouver, British Columbia, Canada, July 25, 2016 – Gem International Resources Inc. (the “Company”) (TSXV: GI) announces that further to its news release dated June 2, 2016, the Company has closed the second tranche of its non-brokered private placement through the issuance of 8,000,000 units at a price of $0.05 per unit for gross proceeds of $400,000. Each unit consists of one common share and one share purchase warrant. Each whole share purchase warrant entitles the holder to purchase one common share of the Company for a term of two years from the date of closing at a price of $0.15 per share.

All of the securities issued under the private placement are subject to a four-month hold period expiring November 23, 2016.

The Company has now completed the non-brokered private placement consisting of the issuance of a total of 24,120,000 units for gross proceeds of $1,206,000.

On behalf of the Board of Directors,
Gem International Resources Inc.

“Simon Tam”
Simon Tam, CEO and Director

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