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Meridius Grants Stock Options

Share Capital & Compensation

#789 – 999 W. Hastings Street, Vancouver, BC V6C 2W2 Tel: 604.423.4499 | Fax: 604.423.4498

NEWS RELEASE

MERIDIUS GRANTS STOCK OPTIONS

Vancouver, Canada – July 23, 2019 - Meridius Resources Limited (MRI: TSX-V) (“Meridius” or the “Company”) Mr. Dylan Sidoo announces that a total of 150,000 incentive stock options have been issued to two directors of the Company. The stock options are exercisable at a price of $0.15 per share until February 22, 2023.

About Meridius Resources – 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:

Dylan Sidoo, Chief Executive Officer Tel: (604) 423-4499 Fax: (604) 423-2298 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.