Mission Ready Closes Non-Brokered Private Placement

VANCOUVER, BC--(Marketwired - March 29, 2016) - Mission Ready Services Inc. (TSX VENTURE: MRS) -- Further to the news release dated December 3, 2015 announcing a non-brokered private placement financing of up to 25,000,000 units (the "Units") at $0.06 per Unit for gross proceeds of up to CDN $1,500,000 (the "Offering"), Mission Ready Services Inc. ("Mission Ready" or the "Company") reports that it has received TSX-V approval to close the second and final tranche of the Offering consisting of 2,967,500 Units raising an additional $178,050 for an aggregate total of 21,376,585 Units, CAD $1,282,595. Insiders of the Company accounted for 16.3% of the private placement.

Each Unit consists of one common share in the capital of the Company (a "Share") and one share purchase warrant (each whole warrant, a "Unit Warrant"). Each Unit Warrant entitles the holder to purchase one additional common share in the capital of the Company (a "Unit Warrant Share") at a price of $0.15 per Unit Warrant Share until December 18, 2017.

The Unit Warrants are subject to a forced exercise provision whereby, if the volume weighted average price for the Company's common shares is CDN $1.00 or greater for a period of not less than 10 consecutive trading days from a date beginning 4 months and one day following the date of issue, and the Company so elects, the holders of Unit Warrants will have 30 calendar days to exercise all or a portion of their Unit Warrants. Any Unit Warrants remaining unexercised after the expiration of the 30-day notice period will be cancelled and will thereafter be of no force or effect.

The Units were sold on a private placement basis to persons who qualified as "accredited investors" or by other such exemptions available under applicable securities legislation in Canada and other jurisdictions determined by the Company. The securities offered are subject to resale restrictions of four months plus one day pursuant to the applicable securities laws.

The Company was granted two 30-day extensions on the completion of the Offering on January 20, 2016 and February 18, 2016, respectively.

In consideration, finders were paid a cash commission of $71,929 and 1,194,017 broker unit warrants (a "Broker Warrant"). Each Broker Warrant shall entitle the holder thereof to acquire one additional unit at a price of $0.06 per unit expiring on December 18, 2017.

The proceeds from the Offering will be used for the advancement and growth of the Company's current initiatives, including the commercialization and launch of its ballistic combat shirt, Flex9Armor shirt, a No-Contact riot shield cover and other No-Contact apparel, future opportunities and general working capital.

About Mission Ready

MRSI's mission is to save lives and enhance the performance of military personnel, first responders, and those who protect us by working to ensure they are equipped with the best possible personal protective equipment.

Headquartered in Vancouver, BC, Mission Ready has three distinct, synergistic operating divisions:

• Strategic consulting services and manufacturers representation
• Equipment inspection, cleaning/decontamination and repair services of personal protection equipment
• Product research and development

Mission Ready's management team offers over 100 years of combined industry experience and is composed of industry experts in developing products, contracting, and selling to the federal government, first responders and tactical markets through open market procurements, teaming arrangements, and a variety of federal contract tools.

For further information, visit MissionReady.ca.

Mission Ready Services Inc.

Rod Reum,

President & CEO

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "anticipate", "believe", "plan", "expect", "intend", "estimate", "forecast", "project", "budget", "schedule", "may", "will", "could", "might", "should" or variations of such words or similar words or expressions. Forward-looking information is based on reasonable assumptions that have been made by Mission Ready Services Inc. as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Mission Ready Services Inc. to be materially different from those expressed or implied by such forward-looking information.

Forward-looking statements are based on assumptions management believes to be reasonable. Although Mission Ready Services Inc. has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Mission Ready Services Inc. does not undertake to update any forward-looking information that is included herein, except in accordance with applicable securities laws.

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.