Press Release: Delrand Provides Corporate Update Delrand Resources Limited (Incorporated in Canada) (Corporation number 627115-4) Share code: DRN ISIN Number: CA2472672062 (“Delrand” or the "Company") PRESS RELEASE DELRAND PROVIDES CORPORATE UPDATE Toronto, Canada – November 27, 2015 – Delrand Resources Limited (“Delrand” or the “Company”) (NEX-DRN.H; JSE-DRN) announces that it has called an annual and special meeting of shareholders of the Company (the "Meeting") to be held on December 18, 2015. At the Meeting, shareholders of the Company will be asked to consider and, if thought advisable, to authorize by means of a special resolution (the "Special Resolution"), the consolidation of the issued and outstanding common shares of the Company on a one for two basis (the "Share Consolidation"). The board of directors of the Company has determined that it would be in the best interests of the Company to carry out the Share Consolidation in order to assist in attracting additional capital for the Company. After giving effect to the Share Consolidation and based on the number of common shares of the Company which are currently outstanding (which is 21,781,581 common shares), the Company will have approximately 10,890,791 common shares issued and outstanding, subject to the rounding of fractional shares pursuant to the Share Consolidation. It is not proposed that the Company’s name will be changed in conjunction with the Share Consolidation. Shareholder approval and the acceptance of NEX are required in order to carry out the Share Consolidation. Notwithstanding that the Special Resolution is passed at the Meeting, the directors of the Company may revoke it at any time prior to the filing of articles of amendment implementing the Share Consolidation, and determine not to proceed with the Share Consolidation without further approval or authorization of, or notice to, the shareholders of the Company. For further information, please contact: Arnold T. Kondrat, CEO, (416) 366-2221 or 1-800-714-7938. Neither 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. Toronto 30 November 2015 Sponsor Arbor Capital Sponsors Proprietary Limited Date: 30/11/2015 09:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.