CLOSING OF SHARES FOR DEBT TRANSACTIONS Bitterroot Resources Ltd. (BTT, TSX -V) (the “Company”) announces that further to its press

BITTERROOT RESOURCES LTD.

Suite 206-B, 1571 Bellevue Avenue, West Vancouver, BC, V7V 1A6

tel 604 922 1351

www.bitterrootresources.com

NEWS RELEASE

February 12, 2020

CLOSING OF SHARES FOR DEBT TRANSACTIONS

Bitterroot Resources Ltd. (BTT, TSX -V) (the “Company”) announces that further to its press

release dated January 24, 2020, its shares for debt transactions (the “Debt Settlement”) have been

approved by the TSX Venture Exch ange and an aggregate of 3,481,365 common shares in the

capital of the Company (the “Common Shares”) have been issued to certain creditors at a deemed

issue price of $0.05 per Common Share to settle an aggregate of $475,083.15 of outstanding debt.

The Common Shares issued in connection with the Debt Settlement are subject to a statutory hold

period expiring on the date that is four months and one day after the date of issuance.

ON BEHALF OF THE BOARD OF DIRECTORS OF THE COMPANY:

Michael S. Carr

Director

Contact information:

Telephone 604 922 1351

Email [email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.