DLP.V · 2022-12-12 12:00:00

DLP Resources Appoints Director of Business Development

Management Changes

Cranbrook, British Columbia, (Newsfile Corp. – December 12, 2022) DLP Resources Inc. ( “DLP” or

the “Company”) (TSXV:DLP) (OTCQB:DLPRF) is pleased to announce Allan Frame’s newly expanded

role as Director of Business Development. Allan Frame was previously appointed to the Company’s

Advisory Board during July, 2022.

Mr. Frame has worked in the capital markets, in a variety of roles, including corporate finance,

investment advisor and partner in S ecurities firms for 4 7 years. In addition, he has been the lead

underwriter for several junior resource companies IPO’s and subsequent financings. Mr. Frame

brings considerable knowledge and contacts through the capital markets and has sat on and chaired

several committees for the Alberta Stock Exchange in the 1980’s and 1990’s.

Ian Gendall, President & CEO of DLP commented: “We are very pleased to have Al Frame accept the

position of Director of Business Development. Al brings enormous value to the Compa ny with his

wealth of capital market experience as well as raising millions of dollars for exploration companies

over his 47 years in the Financial Services and Securities business. We look forward to having Al

onboard to assist management with the growth of DLP.”

Stock Options Granted

Further, t he Company is pleased to announce it has granted a total of 400,000 incentive stock

options to a Director and a Contractor, at a price of $0. 20, subject to the terms of its current stock

option plan, exercisable on or before December 12, 2027.

About DLP Resources Inc.

DLP Resources Inc. is a mineral exploration company operating in Southeastern British Columbia and

Peru, exploring for Base Metals and Cobalt. DLP is listed on the TSX -V, trading symbol DLP and on the

OTCQB, trading symbol DLPRF. Please refer to our web site www.dlpresourcesinc.com for additional

information.

FOR FURTHER INFORMATION PLEASE CONTACT:

DLP RESOURCES INC.

Ian Gendall, CEO & President

Jim Stypula, Executive Chairman

Robin Sudo, Chief Financial Officer and Corporate Secretary

Maxwell Reinhart, Investor Relations

Telephone: 250-426-7808

Neither the 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.