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BMV.V ·

Bathurst Metals Announces Completion of Shares FOR Debt Transactions

Share Capital & Compensation

BATHURST METALS CORP.

665 DOUGALL ROAD, GIBSONS, BC, V0N 1V8

WWW.BATHURSTMETALS.COM

October 9, 2020 PRESS RELEASE TSX-V: BMV.H

BATHURST METALS ANNOUNCES COMPLETION

OF SHARES FOR DEBT TRANSACTIONS

Vancouver, British Columbia (October 9, 2020) – Bathurst Metal Corp. ( BMV.H previously

Pacific Cascade Minerals Inc. PCV.H ) (“ Bathurst” or the “ Company”) announces that it has

closed its previously announced shares-for-debt settlement by the issuance of 5,629,188 common

shares at a deemed price of $0.10 per share. Insiders of the Company received an aggregate of

3,706,657 shares in the settlement.

The common shares issued are subject to a four month hold period, expiring January 31, 2021.

On behalf of the Board of Directors

“Harold Forzley”

President / CEO

Bathurst Metals Corp.

For more information contact Harold Forzley, President

[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.