TRU Precious Metals Completes Purchase of Drill-Ready Twilite Gold Project

Fredericton, New Brunswick--(Newsfile Corp. - November 10, 2020) - TRU Precious Metals Corp. (TSXV: TRU) ("TRU" or the "Company") is pleased to announce that, further to its press releases dated October 14, 2020 and October 29, 2020, it has completed the indirect purchase of 65 mineral claims located in Central Newfoundland known as the Twilite Gold Project ("Twilite"), along with all related permits and technical data (collectively, the "Purchased Assets").

TRU Co-Founder and CEO Joel Freudman commented: "Twilite is now the flagship asset in our Newfoundland Gold Exploration portfolio. We continue to work diligently towards assembling a district-scale property package in the Central Newfoundland Gold Belt, for upside potential through exploration as well as appreciation on the back of nearby discoveries by New Found Gold and others in the region."

Mr. Freudman added, "We're also fortunate that Newfoundland-based geoscientist Barry Greene, who has been involved with Twilite for some time, is now available to our team as Exploration Advisor, as originally announced on October 21, 2020. Barry can help steer our approach to advancing Twilite and our other properties, and together we're already mapping out TRU's acquisition and exploration plans for this winter and into 2021."

The Twilite Gold Project

Twilite is considered to be associated with a low sulphidation gold system and shares many characteristics with Sokoman Minerals Corp.'s Moosehead Gold Project, which is located approximately 30 kilometres (km) northeast of Twilite.

TRU Newfoundland Gold Exploration Property Portfolio

Twilite has previously been explored but not thoroughly followed up, with the most recent notable program being carried out in 2003 by Altius Resources Inc. ("Altius"). Highlights of historical exploration including that of Fort Knox Gold Resources Inc. and Altius included:

• Discovery Prospect - selected grab samples containing visible gold returned values up to 202 g/t Au in a zone of quartz veining and silicification; channel samples returned 3.48 g/t Au and 5.3 g/t Au in a contiguous 1.0 m sample across the widest portion of the vein.

• Spring Pit Prospect - diamond drill hole TL-99-10 intersected 5.1 g/t Au over 5.8 m, from 14.2 m to 20 m depth.

TRU has not verified the historical assay results contained in this press release and is not relying on them as current mineral resources or mineral reserves. Note that grab and channel samples and drill hole results are select samples and are not necessarily representative of mineralization on Twilite. The technical information herein relating to Twilite has been supplied by the Vendor (as defined below) and has not been independently verified by TRU. Readers are cautioned that these potential grades are conceptual in nature; there has been insufficient exploration by the Company or its qualified person at Twilite to define a mineral resource or mineral reserve; and it is uncertain whether further exploration will result in these targets being delineated as a mineral resource or mineral reserve.

Terms of the Transaction

As previously disclosed, the vendor of the Purchased Assets (the "Vendor") received the following consideration for the Purchased Assets: (i) 1,435,000 common shares in the capital of TRU (each, a "TRU Share") at a deemed price of $0.25 per TRU Share; (ii) $100,000 cash; and (iii) a 1.0% net smelter returns royalty from any future mineral production at Twilite, of which 0.5% can be repurchased by the Company for $1,000,000. Twilite is currently subject to a 2.0% net smelter returns royalty owing to prior owners, of which 1.0% can be repurchased for $1,000,000.

Further, the Vendor may be issued up to an additional 1,000,000 TRU Shares if certain mineral deposit discovery milestones are achieved at Twilite. All TRU Shares issuable as consideration for the Purchased Assets are subject to a hold period expiring four months and one day from the date(s) on which such TRU Shares are issued.

The acquisition of the Purchased Assets remains subject to regulatory approval by the TSX Venture Exchange. The Purchased Assets are the second mineral exploration holding within the Company's broader investment portfolio. TRU has acquired the Purchased Assets as a passive investment, and does not intend to operate Twilite directly. However, TRU may engage third party technical and exploration consultants to advance its mineral property holdings so as to increase their monetization potential.

Qualified Person

Dean Fraser, P.Geo. is a qualified person as defined by the Canadian Securities Administrators' National Instrument 43-101, and has reviewed and approved the contents and technical disclosures in this press release. Mr. Fraser is the Technical Advisor to the Company and owns securities of the Company.

About TRU Precious Metals Corp.

TRU seeks unique value-creation opportunities, and is currently assembling a portfolio of gold exploration properties in the Central Newfoundland Gold Belt. The Company's common shares trade on the TSXV under the symbol "TRU".

TRU is a portfolio company of Resurgent Capital Corp. ("Resurgent"), a merchant bank providing venture capital markets advisory services and proprietary financing. Resurgent works with promising public and pre-public micro-capitalization Canadian companies.

For further information, please contact:

Joel Freudman
Co-Founder, President & CEO
TRU Precious Metals Corp.
Phone: (647) 880-6414

Website: www.trupreciousmetals.com

Cautionary Statements Regarding Forward-Looking Information

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Information and links in this press release relating to Sokoman Minerals Corp. are from sources believed to be reliable, but that have not been independently verified by TRU. These links are included in this press release as inactive textual references for reference purposes only and the information on or connected to these websites is not part of, or incorporated by reference into, this press release.

This press release contains certain forward-looking statements, including those relating to exploring and monetizing Twilite and the Company's other mineral exploration investments in Newfoundland, and to Mr. Greene's involvement with the Company. These statements are based on numerous assumptions regarding the Purchased Assets and Mr. Greene that are believed by management to be reasonable in the circumstances, and are subject to a number of risks and uncertainties, including without limitation: mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on Twilite; the exploration or monetization potential of the Purchased Assets and specifically Twilite; challenges in identifying, structuring, and executing additional investments and acquisitions, on favourable terms or at all; risks inherent in mineral exploration activities and investments in the mineral exploration sector; volatility in financial markets, economic conditions, and precious metals prices; challenges in attracting and retaining qualified personnel; and those other risks described in the Company's continuous disclosure documents. Actual results may differ materially from results contemplated by the forward-looking statements herein. Investors and others should carefully consider the foregoing factors and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements herein except as required by applicable securities laws.

TRU Precious Metals Signs Definitive Agreement for Drill-Ready Twilite Gold Project

FREDERICTON, New Brunswick, Oct. 29, 2020 (GLOBE NEWSWIRE) -- TRU Precious Metals Corp. (formerly Trius Investments Inc.) (TSXV: TRU) (“TRU” or the “Company”) is pleased to announce that, further to its press release dated October 14, 2020, its wholly-owned subsidiary has entered into a definitive agreement dated October 29, 2020 (the “Definitive Agreement”) with GBC Grand Exploration Inc. (the “Vendor”).

Pursuant to the Definitive Agreement, the Company will indirectly purchase 65 mineral claims located in Central Newfoundland known as the Twilite Gold Project (“Twilite”), along with all related permits and technical data (collectively, the “Purchased Assets”). For further details on the Definitive Agreement, please see the Company’s October 14, 2020 press release, which sets out the terms of the proposed transaction as set forth in the binding letter of intent between TRU and the Vendor dated October 13, 2020, which terms are substantially reflected in the Definitive Agreement.

TRU Co-Founder and CEO Joel Freudman commented, “When we close this transaction, Twilite will become the most advanced asset in our Newfoundland Gold Exploration portfolio. Meanwhile, we’re already working with our recently-formed Technical Committee to plan and budget for third-party exploration work at Twilite over the winter, to enhance the value of this property.”

The acquisition of the Purchased Assets remains subject to customary conditions. The transaction will be completed as soon as is practicable based on governmental claims transfer processing times, and remains subject to regulatory approval by the TSX Venture Exchange.

About TRU Precious Metals Corp.

TRU seeks unique value-creation opportunities, and is currently assembling a portfolio of gold exploration properties in the Central Newfoundland Gold Belt. The Company’s common shares trade on the TSX Venture Exchange under the symbol “TRU”.

TRU is a portfolio company of Resurgent Capital Corp. (“Resurgent”), a merchant bank providing venture capital markets advisory services and proprietary financing. Resurgent works with promising public and pre-public micro-capitalization Canadian companies.

For further information, please contact:

Joel Freudman
Co-Founder, President & CEO
TRU Precious Metals Corp.
Phone: (647) 880-6414

Website: www.trupreciousmetals.com

Cautionary Statements Regarding Forward-Looking Information

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release contains certain forward-looking statements, including those relating to acquiring, exploring, and monetizing Twilite and the Company’s other mineral exploration investments in Newfoundland. These statements are based on numerous assumptions regarding the Purchased Assets that are believed by management to be reasonable in the circumstances, and are subject to a number of risks and uncertainties, including without limitation: the exploration or monetization potential of the Purchased Assets and specifically Twilite; challenges in identifying, structuring, and executing additional investments and acquisitions, on favourable terms or at all; risks inherent in mineral exploration activities and investments in the mineral exploration sector; volatility in financial markets, economic conditions, and precious metals prices; and those other risks described in the Company’s continuous disclosure documents. Actual results may differ materially from results contemplated by the forward-looking statements herein. Investors and others should carefully consider the foregoing factors and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements herein except as required by applicable securities laws.

Tru Precious Metals Property Purchase Update

FREDERICTON, New Brunswick, Oct. 26, 2020 (GLOBE NEWSWIRE) -- TRU Precious Metals Corp. (formerly Trius Investments Inc.) (TSXV: TRU) (“TRU” or the “Company”) announces that it has terminated its mineral property acquisition agreement relating to certain claims in Toogood Arm, Newfoundland, which was initially announced on September 24, 2020. In connection, certain individuals are ceasing their roles as property advisors to the Company, as had been originally announced on October 1, 2020.

About TRU Precious Metals Corp.
TRU seeks unique value-creation opportunities, and is currently assembling a portfolio of gold exploration properties in the Central Newfoundland Gold Belt. The Company’s common shares trade on the TSXV under the symbol “TRU”.

TRU is a portfolio company of Resurgent Capital Corp. (“Resurgent”), a merchant bank providing venture capital markets advisory services and proprietary financing. Resurgent works with promising public and pre-public micro-capitalization Canadian companies.

For further information, please contact:
Joel Freudman
Co-Founder, President & CEO
TRU Precious Metals Corp.
Phone: (647) 880-6414
Website: www.trupreciousmetals.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

TRU Precious Metals Announces Changes to Board of Directors & Forms Technical Committee

FREDERICTON, New Brunswick, Oct. 22, 2020 (GLOBE NEWSWIRE) -- TRU Precious Metals Corp. (formerly Trius Investments Inc.) (TSXV: TRU) (“TRU” or the “Company”) is pleased to announce that, subject to regulatory approval, today David Hladky, P.Geo. has been appointed to the Company’s board of directors (the “Board”). Mr. Hladky expects to contribute his geological expertise with gold and silver projects as TRU determines how to generate value from its Newfoundland Gold Exploration portfolio (“NL Gold”).

Mr. Hladky is a registered Professional Geologist with over 22 years of hands-on international exploration experience. His positions have included Senior Geologist and Project Manager for projects in Mexico, Canada, Argentina and Peru, including Project Manager and Qualified Person on the Morelos Sur and El Barqueno Projects in Mexico, purchased by Agnico Eagle Mines. Recently he has been working as a consultant for projects in Nevada, Ontario, and Mexico. He currently also serves as a Director for Kismet Resources, a Capital Pool Company undergoing an amalgamation transaction with TDG Gold Corp.

In connection with his appointment, and also subject to regulatory approval, Mr. Hladky has been granted 150,000 incentive stock options (“Options”) in accordance with the Company’s stock option plan. These Options have a five-year term and an exercise price of $0.26 each, and vest immediately. The Options, and any TRU shares that may be issued upon their exercise, are subject to a hold period expiring February 23, 2021.

TRU has also formed a Technical Committee consisting of Technical Advisor Dean Fraser, P.Geo.; Exploration Advisor Barry Greene, P.Geo.; and Mr. Hladky, P.Geo. The Technical Committee will advise management on the geological merit of potential NL Gold property investments and acquisitions, as well as potential contractors and exploration work to enhance the value of NL Gold’s properties.

The Company also announces that Peter van Dijken has stepped down from the Board, in order to focus on his main business endeavours as President of both Green Boy Group, a Los Angeles- and Amsterdam-based supplier of plant-based, non-GMO and organic food ingredients for commercial customers, and Green Boy Products, which sells plant-based protein powders directly to consumers online. Green Boy Group is in the midst of launching Plant-Meat ProteinTM, a non-GMO plant-based protein powder for the plant-based meat industry.

Joel Freudman, TRU’s Co-Founder and CEO, said, “We’re happy that Dave has agreed to join our Board. Drawing on his extensive international experience with gold properties will help us assess and develop the best path forward for NL Gold. At the same time, as our corporate focus increasingly pivots towards investing in the precious metals sector, Peter has decided to devote his full-time efforts to continuing to expand his own business. We truly appreciate Peter’s time on the Board, and wish him great success in growing his Green Boy companies.”

Finally, the Company announces that after market close today it intends to file its financial statements and accompanying MD&A for the third quarter ended September 30, 2020, which captures the Company’s reactivation and the initial steps of assembling NL Gold. These materials will be made available under the Company’s profile at www.sedar.com. The Company is also building a corporate website, which is already accessible as a landing page at www.trupreciousmetals.com, to provide the public with easier access to comprehensive information about TRU.

About TRU Precious Metals Corp.
TRU seeks unique value-creation opportunities, and is currently assembling a portfolio of gold exploration properties in the Central Newfoundland Gold Belt. The Company’s common shares trade on the TSXV under the symbol “TRU”.

TRU is a portfolio company of Resurgent Capital Corp. (“Resurgent”), a merchant bank providing venture capital markets advisory services and proprietary financing. Resurgent works with promising public and pre-public micro-capitalization Canadian companies.

For further information, please contact:
Joel Freudman
Co-Founder, President & CEO
TRU Precious Metals Corp.
Phone: (647) 880-6414
Website: www.trupreciousmetals.com

Cautionary Statements

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Information in this press release relating to Messrs. Hladky and van Dijken have been provided by such individuals and has not been independently verified by TRU.

This press release contains certain forward-looking statements, including those relating to regulatory approval of Mr. Hladky and the Options granted to him, expected contributions to TRU of Mr. Hladky and of the Technical Committee, TRU’s strategy and plans for the acquisition, advancement, and monetization of NL Gold, and timing of filing of financial statements. These statements are based on numerous assumptions regarding the Company’s existing mineral property holdings and corporate strategy that are believed by management to be reasonable in the circumstances, and are subject to a number of risks and uncertainties, including without limitation: regulatory approval processes; the exploration or monetization potential of NL Gold; challenges in identifying, structuring, and executing additional investments and acquisitions, on favourable terms or at all; risks inherent in mineral exploration activities and investments in the mineral exploration sector; challenges in attracting and retaining qualified personnel; volatility in financial markets, economic conditions, and precious metals prices; and those other risks described in the Company’s continuous disclosure documents. Actual results may differ materially from results contemplated by the forward-looking statements herein. Investors and others should carefully consider the foregoing factors and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements herein except as required by applicable securities laws.

TRU Precious Metals Engages Barry Greene as Exploration Advisor

FREDERICTON, New Brunswick, Oct. 21, 2020 (GLOBE NEWSWIRE) -- TRU Precious Metals Corp. (formerly Trius Investments Inc.) (TSXV: TRU) (“TRU” or the “Company”) is pleased to announce that Barry Greene, P.Geo. has agreed to serve as an Exploration Advisor to the Company, in connection with the Company’s proposed acquisition of the Twilite Gold Project in central Newfoundland (“Twilite Gold”) as announced on October 14, 2020. In this capacity, Mr. Greene will provide the Company with technical and geological advice on existing and potential mineral property holdings.

Mr. Greene is a geoscientist based in Newfoundland who has almost 30 years of experience and who is a shareholder of the corporate vendor of Twilite Gold. Mr. Greene has previously worked as a geological consultant, including with Amec Foster Wheeler and Wood Plc, and with numerous public companies, including approximately 16 years as Exploration Manager and then Vice-President of Exploration with Celtic Minerals Ltd.

Joel Freudman, Co-Founder and CEO of TRU, said, “We continue to attract well-known, respected, experienced teammates, and we’re glad to have Barry join us to help evaluate future property investments and potential follow-on exploration work. We now have a 4-person Newfoundland-based advisory team to help steer our activities on the ground.”

The Company also announces that it is building a corporate website to provide the public with easier access to comprehensive information about TRU. An initial version of the site is now live at www.trupreciousmetals.com, and will be expanded over the coming weeks.

TRU’s common shares trade on the TSX Venture Exchange under the symbol “TRU” and currently reflect the Company’s former corporate name of “Trius Investments Inc.” The shares will commence trading under the new corporate name of “TRU Precious Metals Corp.” on Friday October 23, 2020.

About TRU Precious Metals Corp.
TRU seeks unique value-creation opportunities, and is currently assembling a portfolio of gold exploration properties in the Central Newfoundland Gold Belt. The Company’s common shares trade on the TSXV under the symbol “TRU”.

TRU is a portfolio company of Resurgent Capital Corp. (“Resurgent”), a merchant bank providing venture capital markets advisory services and proprietary financing. Resurgent works with promising public and pre-public micro-capitalization Canadian companies.

For further information, please contact:
Joel Freudman
Co-Founder, President & CEO
TRU Precious Metals Corp.
Phone: (647) 880-6414
Website: www.trupreciousmetals.com

Cautionary Statements

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Information in this press release relating to Barry Greene has been provided by Mr. Greene and has not been independently verified by TRU.

This press release contains certain forward-looking statements, including those relating to advancing and monetizing the Company property portfolio, the acquisition of other mineral exploration investments, and the Company’s corporate strategy and objectives. These statements are based on numerous assumptions that are believed by management to be reasonable in the circumstances, and are subject to a number of risks and uncertainties, including without limitation: the exploration or monetization potential of the Company’s properties; challenges in sourcing, structuring, and executing additional investments and acquisitions, on favourable terms or at all; risks inherent in mineral exploration activities and investments in the mineral exploration sector; volatility in financial markets, economic conditions, and precious metals prices; difficulties in attracting and retaining qualified personnel; and those other risks described in the Company’s continuous disclosure documents. Actual results may differ materially from results contemplated by the forward-looking statements herein. Investors and others should carefully consider the foregoing factors and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements herein except as required by applicable securities laws.

Trius Loan to Revive Superfoods to be Partially Repaid Early

FREDERICTON, New Brunswick, Oct. 19, 2020 (GLOBE NEWSWIRE) -- Trius Investments Inc. (TSXV: TRU) (“Trius” or the “Company”) is pleased to announce that it has entered into an amendment (the “Amendment”) to the secured promissory note (the “Loan”) advanced to Revive Organics Inc. (“Revive Superfoods”) as previously announced on March 20, 2020.

Pursuant to the Amendment, Revive Superfoods shall repay not less than $500,000 of the outstanding principal amount of the Loan to Trius early, in five equal monthly installments beginning in November 2020. In addition, certain contingent one-time payments contemplated in the Loan have been waived by Trius.

Trius President and CEO Joel Freudman commented: “We’ve been very pleased as a lender and partner to Revive Superfoods, and couldn’t have hoped for a better company to lend to – all interest payments have been made promptly, their management team keeps us in the loop with financial disclosure and general operational updates, and commercially their business has taken off this year. We’re glad to remain their primary lender while the rest of the Loan remains outstanding until March 20, 2021, and meantime, we’ll evaluate how best to redeploy these early repayments into other promising opportunities, including our burgeoning Newfoundland Gold Exploration portfolio segment.”

Revive Superfoods operates in the dynamic ready-to-eat meals industry, and has generated rapidly growing revenues while expanding its offerings across North America. Revive Superfoods offers a subscription service that delivers ready-to-blend smoothies and other healthy prepared meals right to consumers’ doors, with operations in Canada and the United States. Revive Superfoods’ website is accessible at https://revivesuperfoods.com.

Revive Superfoods CEO Yousuf Soliman added: “The Loan from Trius has really helped us scale up our business this year, and as we continue to drive strong sales and cashflow growth, we decided it would be prudent capital management for us to start repaying the Loan balance before maturity.”

About Trius Investments Inc.

Trius seeks unique value-creation opportunities, currently increasing its exposure to the precious metals sector by assembling a portfolio of gold exploration properties in the Central Newfoundland Gold Belt. Trius’ common shares trade on the TSXV under the symbol “TRU”.

Trius is a portfolio company of Resurgent Capital Corp. (“Resurgent”), a merchant bank providing venture capital markets advisory services and proprietary financing. Resurgent works with promising public and pre-public micro-capitalization Canadian companies.

For further information, please contact:
Joel Freudman
President & CEO
Trius Investments Inc.
Phone: (647) 880-6414

Cautionary Statements Regarding Forward-Looking Information

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

All information contained in this press release with respect to Trius and Revive Superfoods was supplied by the respective parties for inclusion herein, and each party has relied entirely on the other party for any information concerning the other party. Trius does not assume any responsibility for the accuracy or completeness of the information provided by Revive Superfoods. The link to Revive Superfoods’ website was included herein for general reference purposes only, and the content on such website is expressly not incorporated into this press release by reference.

This press release includes statements containing forward-looking information that reflect the current views and/or expectations of management of Trius and Revive Superfoods, as applicable, including but not limited to those relating to repayment of the Loan in accordance with the Amendment and upon maturity, and Trius’ future investments. Statements containing forward-looking information are not guarantees of future performance and involve risks, uncertainties and assumptions, which are difficult to predict, and which are outside of Trius’ control, including repayment risk and those other risks described in the Company’s continuous disclosure documents. Actual results may differ materially from results contemplated by the forward-looking statements herein. Investors and others should carefully consider the foregoing factors and should not place undue reliance on such forward-looking statements. Neither Trius nor Revive Superfoods undertakes any obligation to update any forward-looking statements herein except as required by applicable securities laws.

Trius Announces Shareholder Meeting Results and Name Change to TRU Precious Metals Corp.

FREDERICTON, New Brunswick, Oct. 16, 2020 (GLOBE NEWSWIRE) -- Trius Investments Inc. (“Trius” or the “Company”) (TSXV:TRU) is pleased to announce the results of its annual and special meeting of shareholders (the “Meeting”) held earlier today.

Shareholders approved all routine and special items of business, including electing each of the directors nominated by management, namely Joel Freudman, Damian Lopez, Marisa Muchnik and Peter van Dijken.

As the shareholders of the Company have approved a name change, among other things, the Board has determined to change the name of the Company to “TRU Precious Metals Corp.” Subject to TSXV approval, the new name is anticipated to take effect next week. Trius’ common shares will continue to trade on the TSXV under the symbol “TRU” following the name change.

Trius President and CEO Joel Freudman commented: “As we continue to invest in our Newfoundland Gold Exploration portfolio, we’ve decided that a name change is in order to better reflect our evolving corporate focus.”

About Trius Investments Inc.
Trius seeks unique value-creation opportunities, currently increasing its exposure to the precious metals sector by assembling a portfolio of gold exploration properties in the Central Newfoundland Gold Belt. Trius’ common shares trade on the TSXV under the symbol “TRU”.

Trius is a portfolio company of Resurgent Capital Corp. (“Resurgent”), a merchant bank providing venture capital markets advisory services and proprietary financing. Resurgent works with promising public and pre-public micro-capitalization Canadian companies.

For further information, please contact:
Joel Freudman
President & CEO
Trius Investments Inc.
Phone: (647) 880-6414

Cautionary Statements Regarding Forward-Looking Information

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release contains certain forward-looking statements, including those relating to timing and completion of the corporate name change. These statements are based on numerous assumptions that are believed by management to be reasonable in the circumstances, and are subject to a number of risks and uncertainties, including without limitation: TSXV approval and those other risks described in the Company’s continuous disclosure documents. Actual results may differ materially from results contemplated by the forward-looking statements herein. Investors and others should carefully consider the foregoing factors and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements herein except as required by applicable securities laws.