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CONE.V ·

Canada One to Grant Stock Options

Share Capital & Compensation

Canada One Mining Corp.

Suite 510, 580 Hornby Street

Vancouver, British Columbia

V6C 3B6

Canada One to Grant Stock Options

July 29, 2020 Vancouver, Canada – Canada One Mining Corp. (the “Company” or “Canada One”)

(TSXV: CONE) announces that it intends to grant incentive stock options.

The Company intends to grant 2 ,260,000 incentive stock options under the Company’s stock

option plan to certain directors, officers, and consultants of the Company.

These options will vest immed iately and will be exercisable at a price of $0.05 for a period of

sixty-months.

The options are subject to TSX Venture Exchange approval.

On behalf of the Board of Directors,

Peter D. Berdusco

President and CEO

For further information, contact the company at:

[email protected]

Neither the 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. This news release may contain forward- looking

statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties.

Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim

and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian

securities regulations. We do not assume any ob ligation to update any forward- looking statements, except as required by

applicable laws.