“Company”) has agreed to compensate three consultants an aggregate of 1,980,000 shares for services rendered at a deemed value of $0.12 per share . Each of the three consultants was owed $7 9,200 pursuant to

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Vancouver, Canada – July 28, 2020 - Meridius Resources Limited (MRI: TSX-V) (“Meridius” or the “Company”) has agreed to compensate three consultants an aggregate of 1,980,000 shares for services rendered at a deemed value of $0.12 per share. Each of the three consultants was owed $79,200 pursuant to consulting agreements entered into March 1, 2020.

About Meridius Resources Limited – Meridius is a mineral exploration company that is engaged in the business of the acquisition, exploration, and development of mineral resource properties. Meridius’ common shares trade under the symbol “MRI” on the TSX-V.

Contact Information - For more information, please contact:

Investor Relations Tel: (604) 423-4499 Fax: (604) 423-4498 Email: [email protected]

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. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

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