Exeter Provides Update on 2017 Annual General Meeting of Shareholders Toronto Stock Exchange:XRC

VANCOUVER, British Columbia, June 19, 2017 (GLOBE NEWSWIRE) — Exeter Resource Corporation (NYSE-MKT:XRA) (TSX:XRC) (Frankfurt:EXB) (“Exeter” or the “Company”) announces that its previously scheduled and announced Annual General Meeting of Shareholders to be held on Thursday, June 22, 2017 (the “Meeting”) is cancelled in anticipation of the expiration on June 20, 2017, of the offer by Goldcorp Inc. to acquire 100% of the common shares of the Company.

About Exeter Resource Corporation:

Exeter is a Canadian mineral exploration company focused on the exploration and development of the Caspiche project in Chile. Caspiche is well located in Chile’s Maricunga district, which has good infrastructure and is in close proximity to other large scale mining operations and projects in development.

On behalf of Exeter Resource Corporation

Mr. Wendell M. Zerb, P. Geol

President and Chief Executive Officer

Safe Harbour Statement – This news release contains “forward-looking information” and “forward-looking statements” (together, the “forward-looking statements”) within the meaning of applicable securities laws and the United States Private Securities Litigation Reform Act of 1995, including in relation to management’s assessment of the benefits to shareholders of the proposed transaction with Goldcorp, anticipated mailing and meeting days, timing for completion of the transaction, the Company’s belief as to the potential significance of water discovered and the potential to utilize the desalinated water secured under option, the timing and completion of a new preliminary economic assessment or other studies for the advancement of Caspiche, including a production decision on the oxide project, the potential to establish new opportunities for the advancement of Caspiche, results from the 2014 PEA including estimated annual production rates, capital and production costs or expected changes to such costs, water and power requirements and…

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