Heatherdale Corporate Update

May 15, 2015

May 15, 2015, Vancouver, BC - Heatherdale Resources Ltd. ("Heatherdale" or the "Company") (TSXV: HTR) announces that the Company has issued shares as part of the payment obligations of a convertible debenture with Sino Canada Natural Resources Fund I. A total of 292,603 shares have been issued in settlement of interest payments for February 1 to April 30, 2015 as per the amended agreement, announced in the Company's December 24, 2014 news release.

Heatherdale also advises that advance notice provisions were approved by the Company's shareholders at its Annual General Meeting on April 29, 2014.

About Heatherdale

Heatherdale Resources Ltd. is focused on advancing its mine development opportunity at the Niblack Project in southeastern Alaska.

For more information on Heatherdale, visit the Company's website at www.heatherdaleresources.com or contact Investor Services at (604) 684-6365 or within North America at 1-800-667-2114.

On behalf of the Board of Directors
Patrick Smith
President and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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