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STUD.V ·

For further information, contact Glen Macdonald, Chief Executive Officer of Hybrid at: (604)719-8129 Cautionary and Forward-Looking Statements Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

Listings & Exchange Regulatory & Compliance

HYBRID MINERALS INC.

July 24, 2020, Vancouver, British Columbia - Hybrid Minerals Inc. (TSXV: HZ) (“Hybrid” or the “Company”) reports that effective July 21, 2020, the TSX Venture Exchange (the "Exchange")

Company’s securities as a result of a Cease Trade Order ("CTO") issued
by the British Columbia Securities Commission. A copy of the Exchange bulletin can be obtained
from the website at www.tmx.com. Reinstatement to trading can occur only when the CTO is
revoked (which occured on July 24, 2020) and the Exchange has concluded its reinstatement
review to ensure the Company has satisfactorily complied with Exchange requirements.

Contact

For further information, contact Glen Macdonald, Chief Executive Officer of Hybrid at: (604)719-8129

Cautionary and Forward-Looking Statements

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.