Slave Lake Zinc ("the Company”) has awarded incentive stock options to Directors and Officers to purchase a total of 3,900,000 shares of the Company's treasury capital. These options allow the holder to purchase the shares at $0.10 per share for a period of two (2) years from the date of issue, subj

November 5, 2020 Trading Symbol - CSE: SLZ

Options

Slave Lake Zinc ("the Company”) has awarded incentive stock options to Directors and Officers to purchase

a total of 3,900,000 shares of the Company's treasury capital. These options allow the holder to purchase

the shares at $0.10 per share for a period of two (2) years from the date of issue, subject to provisions of

the Company stock option plan.

On Behalf of the Board of Directors

Ritch Wigham, CEO/Director

Phone: 604-396-5762

Email: [email protected]

Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or accepted

responsibility for the adequacy or accuracy of the content of this news release.

Forward Looking Statement

Statements in this news release that are for ward-looking statements are subject to various risks and

uncertainties concerning the specific factors disclosed here and elsewhere in both Slave Lake Zinc’s

periodic filings with Canadian securities regulators. When used in this news release, words such as "will",

"plan", "estimate", "expect", "intend", "potential", "should," and similar expressions, are forward-looking

statements. Information provided in this document is necessarily summarized and may not contain all

available material information. Forwar d-looking statements include, without limitation, statements

regarding the progress of a definitive offtake agreement, potential development and production at the

Company’s O’Connor lake project, future oriented events and other statements that are not fac ts.

Forward looking statements are based on a few assumptions and estimates that, while considered

reasonable by management based on the business and markets in which Slave Lake Zinc operates, are

inherently subject to significant operational, economic and competitive uncertainties and contingencies.

Such forward looking statements should therefore be construed in light of such factors. Although Slave

Lake Zinc has attempted to identify important factors that could cause actual results, performance or

achievements to differ materially from those contained in the forward -looking statements, there can be

other factors that cause results, performance or achievements not to be as anticipated, estimated or

intended. There can be no assurance that such information w ill prove to be accurate or that

management's expectations or estimates of future developments, circumstances or results will

materialize. Accordingly, readers should not place undue reliance on forward -looking statements. The

forward-looking statements in this news release are made as of the date of this news release, and Slave

Lake Zinc disclaims any intention or obligation to update or revise such information, except as required

by applicable law, and Slave Lake Zinc does not assume any liability for dis closure relating to any other

company herein.