Margaret Lake Diamonds files notice of name change with TSX Venture Exchange

February 15, 2022 – Vancouver, British Columbia – Margaret Lake Diamonds Inc. ("MLD" or the "Company") (TSXV:DIA) (FKT:M85) (OTC PINK:DDIAF) is pleased to announce that it has filed with the TSX Venture Exchange (the "Exchange") a notice of name change to "Uranium Ninety Two Exploration Ltd.” as part of the name change, effective at the start of trading on or about February 22, 2022, the Company will commence trading on the Exchange under the new symbol "URM” The Company’s new CUSIP and ISIN numbers will be 91701L104 and CA91701L1040.

There is no consolidation of the Company’s share capital in connection with the name change and as a result, shareholders are not required to exchange their existing share certificates for new certificates bearing the Company’s new name. The name change does not affect the Company’s share structure or the rights of its shareholders, and no further action is required by existing shareholders.

On behalf of the board of Margaret Lake Diamonds Inc.

"Neil Foran"

Neil A. Foran President & CEO

For further information, please contact:

Joel Warawa VP of Corporate Communications (780) 667-6016