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BAY.V ·

Aston Bay Retains Investor Relations Firm

Marketing Announcement

Aston Bay Retains Investor Relations Firm

TORONTO, ON / ACCESSWIRE / February 1, 2022 / Aston Bay Holdings Ltd.

(TSXV:BAY) (OTCQB:ATBHF) ("Aston Bay" or the "Company") is pleased to announce that it

has entered into a consulting agreement with Target IR & Communications (the "Consultant" or

"Target IR") to provide investor relations and communications services, subject to TSX Venture

Exchange approval.

Target IR is a full-service investor relations firm that supports growing small- and mid-cap

companies to build proactive, targeted and objective-focused IR strategies. Target IR will

support the Company's efforts to increase their visibility in the investment community by

identifying and engaging with potential investors, organizing presentations and meetings with

interested parties, responding to incoming calls from shareholders and potential investors and

providing general capital market advisory services. Target IR has no interest, directly or

indirectly, in the Company or its securities, or any right or intent to acquire such an interest,

other than as described herein.

Sofia Harquail, Investor Relations and Corporate Development for Aston Bay, is currently on

maternity leave and we look forward to her return.

The Consultant will provide investor relations services to Aston Bay for an initial 6-month

period, with the option to renew for an additional six-month period thereafter. Target IR will be

paid $8,000 monthly and be granted stock options to purchase 350,000 common shares of the

Company at an exercise price of $0.06 per share for a period of two years.

About Aston Bay Holdings

Aston Bay is a publicly traded mineral exploration company exploring for gold and base metal

deposits in Virginia, USA, and Nunavut, Canada. The Company is led by CEO Thomas Ullrich

with exploration in Virginia directed by the Company's advisor, Don Taylor, the 2018 Thayer

Lindsley Award winner for his discovery of the Taylor Pb-Zn-Ag Deposit in Arizona.

The Company has the exclusive option to lease the mineral rights to over 10,000 acres of

prospective private land located in central Virginia. These lands are located within a gold-

copper-lead-zinc mineralized belt prospective for mesothermal gold deposits and Virginia Gold

Pyrite belt deposits, as well as sedimentary exhalative (SEDEX), Broken Hill (BHT) and

volcanogenic massive sulfide (VMS) type base metal deposits. Don Taylor, who led the

predecessor company to Blue Ridge and assembled the dataset, has joined the Company's

Advisory Board and will be directing the Company's exploration activities for the Blue Ridge

Project. The Company is currently drilling the Mountain Base Metals Project in Virginia,

exploring the Buckingham Gold Project, also in Virginia, and is in advanced stages of

negotiation on other lands in the area.

The Company is also 100% owner of the property Storm Project, which hosts the Storm Copper

Project and the Seal Zinc Deposit and has been optioned to American West Metals Limited.

The Company's public disclosure documents are available on www.sedar.com .

For more information contact:

Thomas Ullrich, Chief Executive Officer

[email protected]

416-456-3516

Salisha Ilyas, Investor Relations

[email protected]

647-209-9200

SOURCE: Aston Bay Holdings Ltd