Red Rock Announces Passing of Director and New Director Appointment

RED ROCK CAPITAL CORP.

Suite 2200, 885 West Georgia Street Vancouver, British Columbia, V6C 3E8

NEWS RELEASE

RED ROCK ANNOUNCES PASSING OF DIRECTOR AND NEW DIRECTOR APPOINTMENT

May 12, 2022 – Red Rock Capital Corp (TSX-V: RCC.H) (the “Company”) announces with great sadness the recent passing of Yana Bobrovskaya, a valued member of the Company's Board of Directors. The Board wishes to extend its deepest condolences to Ms. Bobrovskaya's family as they celebrate her life and mourn her passing.

Aleem Nathwani, CEO of Red Rock Capital Corp. stated, "We will miss a valued colleague and for some of us we will miss a dear friend.“

Ms. Bobrovskaya has been replaced on the Board of Directors by Mr. Morgan Tincher.

Mr. Tincher brings over 25 years of corporate finance and development experience in the natural resources, technology and entertainment industries. Mr. Tincher has held key board and management positions with a number of public companies. Having particular expertise in capital structuring, financial analysis, investor relations and corporate governance, Mr. Tincher brings valued depth of perspective to the Company as it aims to successfully navigate a qualifying transaction.

For further information please contact:

Aleem Nathwani

Chief Executive Officer Email: [email protected]

Neither the 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.