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LORD.V ·

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.

Management Changes

HEAD OFFICE:

TSX-V: CBS Suite 810

Frankfurt: BVU 789 West Pender Street Vancouver, British Columbia V6C 1H2 [email protected]

Tel: 604.687.2038 Fax: 604.687.3141

NEWS RELEASE

CORPORATE UPDATE

August 4, 2020 - Vancouver, British Columbia: Bard Ventures Ltd. (the “Company” or “Bard”) is pleased to announce the appointment of Mr. Wu Zijian as Chief Financial Officer (“CFO”) of the Company in place of Mr. Sheng (Sam) Wang, who has resigned as CFO effective immediately.

Mr. Wu Zijian, CFO

Mr. Wu currently serves as the CFO at Zhejiang Jinbao Pharmaceutical Co., Ltd. since May 2020. From September 2018 to December 2018, Mr. Wu served on the Board of Directors at SSLJ, Inc, a company listed on Nasdaq. From April 2018 to April 2019, Mr. Wu served on the Board of Director at Shanghai Lianrong Equity Investment Fund Co., Ltd. Mr. Wu holds a Bachelors of Management from China Huaqiao University in June 2017.

The Board would like to thank Mr.Wang for his service to the Company wish him well in his future endeavours.

On behalf of:

Bard Ventures Ltd.

“Eugene Beukman”

Eugene Beukman, CEO

For further information please visit the Company’s SEDAR profile:

https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00005795

This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forwardlooking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information.

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.