FREYJA ANNOUNCES SAMPLING RESULTS FROM LAS CRISTINAS

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• Assay results from 24 samples deliver results of up to 14.45% copper and 1,580 g/t silver • Results show evidence of mineralization up to five kilometers to the north of the Las Cristinas Area • Additional sampling results around the North Mount indicate two anomalies over a width of 200 meters Montreal, Quebec - (May 21, 2014) Freyja Resources Inc. (“Freyja” or the “Company”) (TSX-V:FRA) announced today the latest results of its ongoing sampling program the Las Cristinas copper/silver project located about 200 kilometers from Chihuahua, Mexico (the “Project” or the “Property”). The primary purpose of this latest phase of the ongoing sampling program was to provide evidence that the mineralized corridor extends to the north of the property. Additional samples were also taken around the Las Cristinas Area to further test two anomalies which have a total width of approximately 200 meters to the southwest of the North Mount. The sampling program consisted mainly of grab and channel sample intervals. To the north of the Las Cristinas Area, the company took a total fourteen samples in two areas where small scale copper production took place in the late 60s. These two areas are named La Parrita (nine samples taken three kilometers north of the Las Cristinas Area) and La Lagrima (five samples taken five kilometers north of the Las Cristinas Area). To the southwest of the North Mount the company took ten samples. The results are as follows: Location Average Cu (%) Average Ag (g/t) Location Average Cu (%) Average Ag (g/t) La Parrita 3.70 39 La Parrita 0.37 3 La Parrita 0.90 1 La Parrita 0.05 0 La Parrita 3.19 2 La Parrita 0.22 1 La Parrita 2.71 13 La Parrita 8.36 10 La Parrita 7.51 21 La Lagrima 1.04 124 La Lagrima 0.38 45 La Lagrima 9.25 792 La Lagrima 14.45 1,580 La Lagrima 0.41 51 North Mount 0.10 0 North Mount 0.60 0.9 North Mount 0.59 63.9 North Mount 2.52 6.7 North Mount 0.98 29 North Mount 0.49 15 North Mount 1.25 6.7 North Mount 1.90 6 North Mount 1.72 4.1 North Mount 0.97 0.6 President and CEO Andre St Michel commented that “the results announced today confirm that the mineralized corridor extends up to five kilometers to the north of the principal exploration area and that the width of the anomalies around the South Mount reaches up to 200 meters.” Mr St Michel concluded: “We have spent considerable time over the last few weeks analyzing all sampling results to date and planning our drilling campaign. We expect to start a three phase drilling program totaling 4,000 meters in early June. We will focus the drilling program on the Las Cristinas Area of the property, namely the North Mount and the South Mount.” The sampling program consisted of over 24 grab and channel samples ranging from three kg to five kg per sample with a length varying from 0.8 to 1.2 meter. The samples were delivered, in secure tagged bags, directly to the analytical facility for analysis, namely the laboratory of ALS Chemex de Mexico, located in Chihuahua City, Mexico. The samples were weighed, identified and photographed prior to sample preparation. All samples are analyzed by ME-ICP61 for 31 elements, Au-ICP21 for gold, Ag-OG62 when Ag is greater than 100g/t, Cu-OG62 when copper is greater than 1% and by Cu-AA07n to obtain the oxide portion of copper. In addition, the Company continues to conduct metallurgic tests to determine the recovery rates of copper and silver. About Freyja Resources Inc. Freyja Resources Inc. is a mining exploration company listed on the TSX Venture Exchange under the symbol "FRA". Freyja Resources’ main operations are conducted in Mexico through its wholly-owned subsidiary Cypriummining de Mexico SA de CV (“Cyprium”). Cyprium is a mineral exploration company which targets the acquisition and generation of mining projects located solely in Northern Mexico that have a potential for profitable precious and base metal open pit production. The Company’s main project is the Las Cristinas copper/silver project located in Chihuahua State, Mexico. Cyprium owns 51% of Coyame Copper SA de CV (“Coyame Copper”), a Chihuahua, Mexico based mining exploration company and has an option to increase its stake in Coyame Copper to 70% for a consideration of US $1.2 million payable over a period of eighteen months following the exercise of the option. Coyame Copper’s Las Cristinas Project consist of four adjacent exploration concessions (Las Cristinas, La Parrita, La Verde and La Lagrimosa) covering 684 hectares. Coyame Copper also owns production assets located outside the town of Coyame, Mexico.

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FREYJA ANNOUNCES SAMPLING RESULTS FROM LAS CRISTINAS