Not for distribution to United States newswire services or for dissemination in the United States

Vancouver, BC - December 14, 2016 - AsiaBaseMetals Inc. (the "Company") (TSX-V: "ABZ") announces a correction to its news release issued earlier today. In such release, it was incorrectly stated in the title that the Company was announcing the closing of a private placement. This should have stated that the Company was announcing the exercise of warrants. Therefore, the title of the news release be corrected to reference "AsiaBaseMetals Inc. Announces Exercise of Warrants."

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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.

Contact Information

AsiaBaseMetals Inc.
Raj Chowdhry, Chief Executive Officer


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