ADZ.V · 2020-05-28 12:00:00

Adamera Minerals Announces Non-Brokered Financing

Financings

TSX Venture Exchange: ADZ

News Release: 20-06

Not for dissemination in the United States or through U.S. newswires

Vancouver, British Columbia, May 28, 2020 - Adamera Minerals Corp. (TSX-V: ADZ)

announces a non-brokered private placement of up to 20 million units at a price of $0.05 per unit

for aggregate gross proceeds of up to $1,000,000. Each unit will consist of one common share and

one-half of one common share purchase warrant. Each whole Warrant will be exercisable for one

common share of the Company at a price of $0.10 for one year from the date of issuance.

The securities issued pursuant to the private placement will be subject to a four month hold

period from the closing date. Completion of the private placement remain subject to the receipt

of all necessary regulatory approvals, including the approval of the Exchange.

Adamera has recently engaged a partner Hochschild Mining LLC (LSC:HOC) (see news release

dated January, 22, 2020) on its Cook Mountain Gold Project. The exploration and drilling

program on that project is fully funded. The Company intends to use the net proceeds from the

private placement for operations and exploration on its 100% owned projects.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the

securities in the United States. The securities have not been and will not be registered under the

United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state

securities laws and may not be offered or sold within the United States or to or for the account or

benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless

registered under the U.S. Securities Act and applicable state securities laws or an exemption

from such registration is available.

About Adamera

Adamera Minerals Corp. is exploring for a stand-alone high-grade gold deposit within hauling

distance of an existing mill near Republic, Washington. This area has reportedly produced over 6

million ounces of high-grade gold. Adamera is the dominant regional explorer in the area.

On behalf of the Board of Directors,

Mark Kolebaba

President & CEO

For additional information please contact:

Website: www.Adamera.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy

of this release. Statements in this press release, other than purely historical information, including statements

relating to the Company’s future plans and objectives or expected results, may include forward-looking statements. Forward-

looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource

exploration and development. As a result, actual results may vary materially from those described in the forward-looking

statements.