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AAUC.TO ·

Mondavi Ventures Announces Board Appointments

Management Changes

MONDAVI VENTURES LTD.

Suite 1600 - 609 Granville Street

Vancouver, BC V7Y 1C3

Telephone: 1-778-331-8505

NEWS RELEASE

MONDAVI VENTURES ANNOUNCES BOARD APPOINTMENTS

Vancouver, British Columbia – March 26, 2021 – Mondavi Ventures Ltd. (the "Company" or "Mondavi"),

is pleased to announce that Rick Cox and Brent Ackerman have been appointed as directors of the

Company, effective March 22, 2021.

For more information please contact the Company at 778 -331-8505 or email:

[email protected]

On Behalf of the Board of Directors of Mondavi Ventures Ltd.

Scott Ackerman

Director

This news release includes forward -looking statements that are subject to risks and uncertainties. All

statements within, other than statements of historical fact, are to be considered forward looking. Although

the Company believes the expectations expressed in such forward -looking statements are based on

reasonable assumptions, such stat ements are not guarantees of future performance and actual results or

developments may differ materially from those in forward -looking statements. Factors that could cause

actual results to differ materially from those in forward -looking statements include market prices,

continued availability of capital and financing, and general economic, market or business conditions. There

can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely

on their own evaluation of such uncertainties. We do not assume any obligation to update any forward -

looking statements.