Millrock Announces Extension Granted to Private Placement

MILLROCK RESOURCES INC. | Suite 2300 – 1177 West Hastings St. | Vancouver, BC V6E 2K3

Tel: 604 638 3164 | Fax: 907 677 3599 | www.millrockresources.com

NR: 19-09

Not for distribution to United States newswire services or for dissemination in the United States.

MILLROCK ANNOUNCES EXTENSION GRANTED TO

PRIVATE PLACEMENT

VANCOUVER, BRITISH COLUMBIA, August 23, 2019 - Millrock Resources Inc. (TSX-V:

MRO) ("Millrock" or the “Company") announces the TSX Venture Exchange has granted

Millrock an extension to the deadline to file final materials in respect of the private placement

financing announced on July 10, 2019. The Company must complete the filing by September

25, 2019.

About Millrock Resources Inc.

Millrock Resources Inc. is a premier project generator to the mining industry. Millrock identifies,

packages and operates large-scale projects for joint venture, thereby exposing its shareholders

to the benefits of mineral discovery without the usual financial risk taken on by most exploration

companies. The company is active in Alaska and Sonora State, Mexico. Funding for drilling at

Millrock’s exploration projects is primarily provided by its joint venture partners. Business

partners of Millrock have included some of the leading names in the mining industry: Centerra

Gold, First Quantum, Teck, Kinross, Vale, Inmet, EMX Royalty Altius, and Riverside. Millrock is

a major shareholder of junior explorer ArcWest Exploration, and holds a portfolio of exploration-

stage project royalties in Mexico, British Columbia and Alaska.

ON BEHALF OF THE BOARD

“Gregory Beischer”

Gregory Beischer, President & CEO

FOR FURTHER INFORMATION, PLEASE CONTACT:

Melanee Henderson, Investor Relations

(604) 638-3164

(877) 217-8978 (toll-free)

Some statements in this news release contain forward-looking information. These statements address future events

and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the

actual results, performance or achievements to be materially different from any future results, performance or

achievements expressed or implied by the statements. Such factors include without limitation the receipt of TSX

Venture Exchange acceptance and completion of the Offering.

THIS NEWS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY

SECURITIES OF THE COMPANY IN THE UNITED STATES OR IN ANY OTHER JURISDICTION IN WHICH ANY SUCH OFFER,

SOLICITATION OR SALE WOULD BE UNLAWFUL. THE SECURITIES TO BE OFFERED UNDER THE OFFERING HAVE NOT

BEEN AND WILL NOT BE REGISTERED UNDER THE 1933 ACT OR ANY STATE SECURITIES LAWS, AND MAY NOT BE

OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS (AS THAT TERM IS DEFINED IN REGULATION S

UNDER THE 1933 ACT) EXCEPT IN TRANSACTIONS EXEMPT FROM THE REGISTRATION REQUIREMENTS OF THE 1933

ACT AND APPLICABLE STATE SECURITIES LAWS.