Proposed Share Consolidation

880-580 Hornby Street Vancouver B.C. V6C 3B6 604-803-5838 info @ newtechminerals.ca

NTM: CSE

NEWS RELEASE

New Tech Minerals Announces Proposed Share Consolidation

Vancouver, B.C., July 24, 2020: New Tech Minerals Corp. NTM-CSE (“New Tech” or the “Company”), wishes to announce that subject to the approval of the Canadian Securities Exchange, it intends to consolidate its issued share capital on the basis of one (1) new common share without par value for every two (2) existing common shares without par value (the “Share Consolidation”). No fractional shares will be issued in connection with the Share Consolidation and any fractional shares arising upon the Share Consolidation comprising less than one-half of one share will be deemed to have been tendered by the shareholder to the Company by way of gift and for cancellation and returned to the authorized but unissued share structure of the Company and any fractional shares arising upon the Share Consolidation comprising greater than or equal to one-half of one share will be converted into one whole share.

The Company's name and trading symbol will remain the same.

About New Tech Minerals Corp.

New Tech is engaged in the exploration and development of promising potash/brine and cobalt projects in America, including the Paradox Basin Potash and Brine projects in Utah and the Tule cobalt project in Nevada.

On behalf of the Board of Directors

Jonathan George, President & CEO

Neither the OTCQX nor the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.