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AORO.V ·

Aloro Postpones Filing of Interim Financial Statements and Md&a Due to COVID-19 Related Delays

Financials

1085 - 555 Burrard Street

P.O. Box 201

Vancouver, BC V7X 1M8

Canada

Tel: (604) 689-5722

Fax: (604) 685-9182

Email: [email protected]

August 27, 2020 TSX.V Symbol AORO

FRANKFURT Symbol 4LPP

ALORO POSTPONES FILING OF INTERIM FINANCIAL STATEMENTS AND MD&A

DUE TO COVID-19 RELATED DELAYS

ALORO MINING CORP. – (the “ Company”) announces that it has postponed filing its interim financial

statements and management's discussion and analysis fo r the three month period ended June 30, 2020, due to

logistics and delays caused by the COVID-19 pandemic.

The Company is relying on exemptive relief recently grante d by Canadian securities re gulatory authorities that

allows it to delay the filing of its interim documents required by sections 4.4 and 5.1(2) of National Instrument 51-

102 by August 31, 2020. In response to the coronavirus disease 2019 pandemic , securities regulatory authorities

in Canada have granted a blanket exemption allowing issuers an additional 45 days to complete their regulatory

filings.

The Company estimates that its second quarter interim documents will be available for filing at its earliest

opportunity, which is expected to occur on or before September 30, 2020. Until such time as the first quarter

interim documents are filed, the Company’s management and other insiders are subject to a trading blackout that

reflects the principles contained in section 9 of National Policy 11-207 - Failure-to-F ile Cease Trade Orders and

Revocations in Multiple Jurisdictions.

There have been no material business developments since the date of the audited financial statements, filed on

May 8, 2020.

About Aloro Mining Corp.

Aloro controls the 3199 -hectare Los Venados Project (LV) which is located in the central part of the Mulatos Gold

District and is directly adjacent to the active Mulatos open pit of Alamos Gold Inc. to the south. The western

border is shared with Agnico Eagle Mines Limited wh ere it operates the La India open pit. The known

mineralization within the Mulatos District is gold-dominant, with accessory silver and copper.

ALORO MINING CORP.

Per: “Thomas A. Doyle”

Thomas A. Doyle

President & CEO

http://www.aloromining.com/

For further information, please contact:

Thomas A. Doyle

Logan Anderson

Phone: (604) 689-5722

Email: [email protected]

Neither 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.