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

Vancouver, BC – April 15, 2019 – AsiaBaseMetals Inc. (the "Company") (TSX-V: "ABZ") announces the termination of the non-brokered private placement of up to 2,110,000 units (each, a "Unit") at a price of $0.095 per Unit, that the Company previously announced on March 21, 2019.

Contact Information

AsiaBaseMetals Inc.
Raj Chowdhry, Chief Executive Officer
Email: info@asiabasemetals.com

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.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities described herein have not been registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities law and may not be offered or sold in the "United States", as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements is available.

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All rights reserved.

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