Mission, British Columbia Canada V2V-7N1

8792 Shook Road TSX-V: SMG Mission, British Columbia Tel: 604. 410-2277 Canada V2V-7N1 Fax: 604. 410-2275

NEWS RELEASE

March 29, 2019

Sierra Madre Developments Inc. (the “Company”) announces that further to its news release of November 15, 2018, the Company has closed its non-brokered private placement of 5,400,000 post-consolidated shares at $0.05 per share, for gross proceeds of $270,000.

In accordance with securities legislation, all securities issued under the offering will be subject to a four-month hold period expiring July 26, 2019.

ON BEHALF OF THE BOARD:

“Carl von Einsiedel”

Carl von Einsiedel, CEO

Neither the 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.

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