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CZZ.V ·

Cleghorn Minerals Announces Correction to Option Grant

Share Capital & Compensation

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES

OR TO U.S. NEWS AGENCIES

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152 Chemin de la Mine École

Val-d’Or, QC J9P 7B6

CLEGHORN MINERALS ANNOUNCES CORRECTION TO OPTION GRANT

Val-d’Or, Québec, September 9, 2020 – Further to its news release of September 8, 2020, Cleghorn

Minerals Ltd. (TSX-V:CZZ) (“Cleghorn” or the “Company”) announces that the Company’s Board has

granted incentive stock options to its directors and officers entitling the purchase of an aggregate

1,220,000 (instead of 1,420,861 as previously announced) common shares at a per share price of $0.10 for

a period of five years.

For additional information, please contact:

Glenn J. Mullan, President, Chief Executive Officer, Secretary and Director

Telephone: (819) 824-2808 – Head Office

(514) 835-8384 – Cell

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 news release.

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR

DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED

STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN

OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED

STATES. THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED

UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE

SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR

TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.