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ADE.V ·

Adex Mining Announces Resignation of Director

Management Changes

ADEX MINING ANNOUNCES RESIGNATION OF DIRECTOR

Toronto, Ontario – December 5, 2019 – Adex Mining Inc. ("Adex" or the "Company") (TSX ‐V:

ADE) announces today that, effective immediately, William B. Burton has resigned as a member

of the board of directors of Adex and as a member of the board of directors of Adex Minerals

Corp., a wholly -owned subsidiary of Adex . The board of directors would like to t ake this

opportunity to express its sincere appreciation to William B. Burton for his valuable contributions

and services to the Company.

ABOUT ADEX

Adex Mining Inc. is a Canadian junior mining company with an experienced management team.

The Company is focused on developing its flagship Mount Pleasant Mine Property, a multi-metal

project that is host to promising tungsten -molybdenum and tin -indium-zinc mineralization.

Located in Charlotte County, New Brunswick, the Mount Pleasant Mine Property is 80 kilometres

south of Fredericton, the provincial capital, and 65 kilometres from the United States border.

The common shares of Adex trade on the TSX Venture Exchange under the stock symbol "ADE".

FOR FURTHER INFORMATION, PLEASE CONTACT:

Linda Lam Kwan

Chief Executive Officer

Adex Mining Inc.

1-647-243-8452.

Email: [email protected]

Website: www.adexmining.com

No securities commission or regulatory authority has approved or disapproved the contents of

this press release.

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.

FORWARD‐LOOKING STATEMENTS

Certain statements in this press r elease may constitute "forward ‐looking" statements which

involve known and unknown risks, uncertainties and other factors which may cause actual

results, performance or achievements of Adex, its subsidiary or the industry in which they

operate to be materi ally different from any future results, performance or achievements

expressed or implied by such forward ‐looking statements. When used in this press release, the

words "estimate", "believe", "anticipate", "intend", "expect", "plan", "may", "should", "will", the

negative thereof or other variations thereon or comparable terminology are intended to identify

forward‐looking statements. Such statements reflect the current expectations of the

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management of Adex with respect to future events based on currently available information and

are subject to risks and uncertainties that could cause actual results, performance or

achievements to differ materially from those expressed or implied by those forward ‐looking

statements. These risks and uncertainties are detai led from time to time, including, without

limitation, under the heading "Risk Factors", in reports filed by Adex with the Alberta, British

Columbia, Ontario, New Brunswick and Nova Scotia Securities Commissions which are available

at www.sedar.com and to w hich readers of this press release are referred for additional

information concerning Adex, its prospects and the risks and uncertainties relating to Adex and

its prospects. New risk factors may arise from time to time and it is not possible for management

to predict all of those risk factors or the extent to which any factor or combination of factors may

cause actual results, performance and achievements of Adex to be materially different from

those contained in forward ‐looking statements. Although the fo rward‐looking statements

contained in this press release are based upon what management believes to be reasonable

assumptions, Adex cannot assure investors that actual results will be consistent with these

forward‐looking statements. Given these risks and uncertainties, investors should not place

undue reliance on forward ‐looking statements as a prediction of actual results. The forward ‐

looking information contained in this press release is current only as of the date of the press

release. Adex does not undertake or assume any obligation to release publicly any revisions to

these forward‐looking statements to reflect events or circumstances after the date hereof or to

reflect the occurrence of unanticipated events, except as required by law.