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BELGRAVIA CAPITAL Update on Proxy Solicitation of Tartisan Nickel

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TORONTO, Aug. 24, 2018 (GLOBE NEWSWIRE) -- BELGRAVIA CAPITAL INTERNATIONAL INC. (CSE:BLGV) (OTCQB:BLGVF) ("Belgravia") announces it has launched a website as part of its Proxy Solicitation to urge Tartisan Nickel's shareholders to vote GREEN.

Background information regarding the solicitation of proxies can be found at:

http://www.aNewTartisan.ca

Further to Belgravia's open letter to shareholders of Tartisan Nickel Corp. ("Tartisan" or the "Company") (CSE:TN) notifying them on August 7, 2018 that Belgravia will attempt to replace the Tartisan board of directors at its annual general and special meeting of shareholders scheduled for September 17, 2018, Belgravia has commenced a proxy solicitation and has filed on August 22, 2018, a Dissident GREEN Proxy and Circular which can be found on SEDAR (www.sedar.com) under both the Tartisan Nickel and Belgravia Capital profiles.

BELGRAVIA RECOMMENDS THAT TARTISAN SHAREHOLDERS VOTE USING ONLY THE GREEN PROXY FORM which is available under the Tartisan and Belgravia SEDAR profiles at www.sedar.com filed on August 22, 2018. All beneficial shareholders of Tartisan Nickel will receive a copy of the GREEN Proxy Form by mail.

If you are also a concerned shareholder or have questions on how to cast your vote for the GREEN Proxy please contact D.F. King at 1-800-926-4985 (toll-free Canada) or by email at inquiries@dfking.com

Protect your investment by voting only your GREEN proxy form today or no later than 5:00 p.m. (Toronto Time) on Wednesday, September 12, 2018 FOR the Belgravia Nominees.

Belgravia's basis for the solicitation of proxies of Tartisan shareholders is threefold, Poor Performance, Poor Corporate Governance, and Poor Leadership.

Tartisan's Poor Performance has led to shareholders losing approximately 64% of their share value since January 1, 2018. Future share performance is dim according to Tartisan's most recent annual financial statements filed on the Company's profile on SEDAR, which identifies that over the last two-year period less than $35,000 was spent on exploration or advancing any project, while a staggering $2,098,144 has inexplicably been spent on marketing, promotional, management and professional fees and office, general and administrative expenses.

Basic corporate governance practices for public companies has not been followed by Tartisan including non-ratification of the company's Advanced Notice By-Law, failure to post amendments to the Company's by-laws and continuous late regulatory filings.

Belgravia estimates that a significant portion of the monies raised from the public has been wasted due to the existing board's Poor Leadership, decision-making and lack of oversight. Mr. Appleby's leadership was previously questioned by shareholders, these shareholders subsequently replaced Mr. Appleby as a director of Green Environmental Technologies Inc. due to shareholder dissatisfaction, for various reasons, including a lack of strategic direction, stagnant operations and poor leadership, which lead to being delisted from the TSX Venture Exchange and Mr. Appleby subsequently being removed from the board by dissident shareholder vote.

Immediate action is imperative to create shareholder value for Tartisan Nickel shareholders. Tartisan's Poor Performance over the past two years, Poor Corporate Governance and lack of proactive corporate governance, which is an essential component to ensure transparency, stewardship and long-term corporate performance, and Mr. Appleby and the current board's Poor Leadership and their failure to act in the best interests of Tartisan's shareholders has led Belgravia to take action and  proposes the replacement of the current board of Tartisan with four new Directors with deep knowledge in commodities, extensive capital market experience, and proven results in maximizing shareholder value.

Belgravia takes no position on the re-appointment of RSM Canada LLP or the approval of the Stock Option Plan. However, if Belgravia's designates receive no instruction on these matters they will vote FOR the re-appointment of RSM Canada LLP as the Company's auditors and FOR the approval of the Company's existing Stock Option Plan.

About Belgravia

Belgravia Capital International Inc. is focused on three core business divisions: Incubator, Investments, and Royalty & Management Services. The three divisions of Belgravia are high risk business ventures and expose shareholders to financial risks. The Incubator division provides capital to support the development of early stage companies in the Biotech/Healthcare, Technology, Resources and Medical sectors. Belgravia Holdings, the Investments division, invests in various private and public companies with a focus on value. Belgravia Royalty & Management Services has a royalty and fee income model. Further, the cash and investment asset base provides capital to support expansion on a selective basis.

For more information, please visit www.belgraviacapital.ca

Additional Information:

Belgravia is relying on the exemption under section 9.2(4) of National Instrument 51-102 – Continuous Disclosure Obligations ("NI 51-102") to make this public broadcast solicitation. The following information is provided in accordance with corporate and securities laws applicable to public broadcast solicitations.

This solicitation is being made by Belgravia, and not by or on behalf of the management of Tartisan. Tartisan's head office address is Suite 1060, 44 Victoria Street, Toronto, Ontario, Canada M5C 1Y2.  Tartisan has announced that it has called an annual general and special meeting of shareholders to be held on September 17, 2018 (the "Meeting"). Belgravia intends to file a dissident information circular (the "Dissident Circular") in connection with the Meeting, or any adjournment or postponement thereof, in due course in compliance with applicable securities and corporate laws.

This press release and any solicitation made by Belgravia in advance of the Meeting is, or will be, as applicable, made by Belgravia and not by or on behalf of the management of Tartisan. All costs incurred for any solicitation will be borne by Belgravia, provided that, subject to applicable law, Belgravia may seek reimbursement from Tartisan for Belgravia's out-of-pocket expenses, including proxy solicitation expenses and legal fees, incurred in connection with a successful reconstitution of the Company's board of directors. Any proxies solicited by Belgravia may be solicited by way of public broadcast, including through press releases, speeches or publications and by any other manner permitted under applicable laws, including pursuant to a Dissident Circular sent to shareholders of Tartisan. Solicitations may be made by or on behalf of Belgravia, by mail, telephone, fax, email or other electronic means, and in person by directors, officers and employees of Belgravia or by the proposed nominees. Belgravia has engaged the service of D. F. King and may engage D. F. King as soliciting agent to assist with solicitation on behalf of Belgravia.

It is expected that any proxies solicited by Belgravia in connection with the Meeting may be revoked by instrument in writing by the shareholder giving the proxy or by its duly authorized officer or attorney, or in any other manner permitted by law. Belgravia has filed this press release, which contains the information required by section 9.2(4)(c) of NI 51-102 and Form 51-102F5 Information Circular in respect of the Proposed Nominees under Tartisan's company profile on SEDAR at http://www.sedar.com. 

For further information contact:  Mehdi Azodi 416-779-3268 OR MAZODI@BLGV.CA or D. F. King at 1-800-926 4985. 

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