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Mineral Mountain Extends Warrant Exercise Date

Financings Share Capital & Compensation

MMV-TSX-V

MNRLF-OTCQB

M8M-FRANKFURT

NEWS RELEASE NO. 2022 – 12 JULY 22, 2022

MINERAL MOUNTAIN EXTENDS WARRANT EXERCISE DATE

(Vancouver, July 22, 2022): Mineral Mountain Resources Ltd. (“Mineral Mountain” or the “Company”)

(TSXV: MMV) (MNRLF: OTCQB) (M8M-FRANKFURT) announces that the Company intends to extend

the exercise period of 5,330,600 outstanding share purchase warrants, all of which are exercisable at $0.40

per share (collectively, the “Warrants”). The new expiration dates of the Warrants will be March 31, 2023.

The Company also intends to extend the exercise period of 1,333,340 outstanding share purchase warrants,

all of which are exercisable at $0.30 per share (collectively, the “Warrants”). The new expiration dates of

the Warrants will be March 31, 2023.

The exercise price of the Warrants will remain unchanged. The Warrant extension is subject to the

acceptance of the TSX Venture Exchange.

About Mineral Mountain Resources and the Rochford Gold Project

Mineral Mountain Resources Ltd., through its wholly owned subsidiary Mineral Mountain Resources (SD)

Inc., with a strong technical team, is focused on the exploration and, if warranted, development of its 100%-

owned Rochford Gold Project situated along the highly prospective Homestake Gold Belt in the Black

Hills of South Dakota, U.S.A. The Rochford Project covers in excess of 7,500 acres and covers five major

trends of structurally thickened auriferous iron formation comparable to the ledge-type gold mineralization

developed at the Homestake Mine.

Since 2013, the Company has continued to expand its land position in the Rochford gold district by

professional claim staking and also by purchasing strategically located private properties that fall along two

of the major sub -parallel structural trends that host Ledge- type gold mineralization. The Company now

owns the largest land position in the Rochford greenstone belt and now possesses by far the largest and

most comprehensive database for the district in modern day exploration history. The Rochford Project is

vastly under-explored and has the potential to host several district scale gold discoveries.

On Behalf of the Board of Directors

MINERAL MOUNTAIN RESOURCES LTD.

“Nelson W. Baker”, President and CEO

For further information, please contact:

2

Brad Baker, Vice-President Corporate Development & Director

(778) 383-3975 [email protected]

Or visit our website: www.mineralmtn.com

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.