Canadian Zinc Reports Results for Q2 2018 & Operations Update

10 August 2018

Vancouver, British Columbia, August 10, 2018

Canadian Zinc Corporation (TSX:CZN; OTCQB:CZICF) (the “Company” or “Canadian Zinc”) reports its interim financial results and development activities for the three and six month periods ended June 30, 2018 (“Q2 2018”). (All amounts are in Canadian dollars unless otherwise stated. M = million).

Q2 2018 Results & Recent Highlights

• May 2018
  • $20M financing announced
  • New President appointed
• June 2018
  • $20M financing approved
  • Reorganization approved
  • Name change to NorZinc approved
  • President becomes new CEO
• July 2018
  • $20M financing closes
  • Company repays US$10M loan to become debt free
  • Positive decision to resume All Season Road permitting
• Cash at June 30, 2018 $9.2M
• Q2 2018 loss of $2.6M as Company continues to advance the Prairie Creek Project

View Details