Aldever Announces Amended Debt Settlement

ALDEVER RESOURCES INC. 2200 HSBC Building, 885 West Georgia Street Vancouver, BC V6C 3E8 www.aldever.com

ALDEVER ANNOUNCES AMENDED DEBT SETTLEMENT

August 21, 2019

Aldever Resources Inc. (ALD—TSX.V) (ALDVF—OTCQB) (17G1—Frankfurt) (“Aldever” or the “Company”) announces that it has amended the settlement agreements entered into with four creditors of the Company and previously announced on July 29, 2019. The Company now intends to settle an aggregate of $81,000 of debt owing to the creditors through the issuance of 1,350,000 common shares of the Company at a deemed price of $0.06 per common share.

With this settlement of debt, the Company will preserve its current cash position. The completion of the shares-fordebt settlement is subject to the receipt of approval from the TSX Venture Exchange. The common shares issued pursuant to the shares-for-debt settlement will be subject to a statutory hold period of four months plus a day.

For further information, please contact:

Clive Massey, President

Aldever Resources Inc.

Phone: (604) 622-1199

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. Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, “forward‐looking statements”. Forward‐looking statements may be identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward‐looking statements, including without limitation those relating to the Company’s future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward‐looking statements.