Cabral Unaware of Material Change

Cabral Unaware of Material Change

Vancouver, British Columbia--(Newsfile Corp. - September 11, 2020) -

Cabral Gold Inc. (TSXV: CBR)

(OTC Pink: CBGZF) ("Cabral" or the

"

Company

"). At the request of IIROC, Cabral Gold Inc. (the

"Company") wishes to confirm that the Company's management is unaware of any material change in

the Company's operations that would account for the recent increase in market activity.

About Cabral Gold Inc.

The Company is a junior resource company and is engaged in the identification, exploration and

development of mineral properties, with a primary focus on gold properties located in Brazil.

The

Company has a 100% interest in the Cuiú Cuiú gold district located in the Tapajós Region, within the

state of Pará in northern Brazil.

The Tapajós Gold Province is the site of the largest gold rush in Brazil's history producing an estimated

30 to 50 million ounces of placer gold between 1978 and 1995. Cuiú Cuiú was the largest garimpo in the

Tapajós and produced an estimate 2Moz of placer gold historically.

FOR FURTHER INFORMATION PLEASE CONTACT:

"Alan Carter"

President and Chief Executive Officer

Cabral Gold Inc.

Tel: 604.676.5660

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

the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

Forward-looking Statements

This news release contains certain forward-looking information and forward-looking statements within

the meaning of applicable securities legislation (collectively "forward-looking statements").

The use of

the words "will", "expected" and similar expressions are intended to identify forward-looking statements.

These statements involve known and unknown risks, uncertainties and other factors that may cause

actual results or events to differ materially from those anticipated in such forward-looking statements.

Such forward-looking statements should not be unduly relied upon.

This news release contains forward-

looking statements and assumptions pertaining to the following:

strategic plans and future operations,

and results of exploration.

Actual results achieved may vary from the information provided herein as a

result of numerous known and unknown risks and uncertainties and other factors.

The Company believes

the expectations reflected in those forward-looking statements are reasonable, but no assurance can be

given that these expectations will prove to be correct.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/63636