DLP.V · 2020-04-03 12:00:00

MG Capital Corporation and DLP Resources Inc. Announces Postponement of Filing of its Condensed Interim Financial Statements

Financials

MG Capital Corporation and DLP Resources Inc. Announces Postponement of

Filing of its Condensed Interim Financial Statements

Cranbrook, British Columbia, (Newsfile Corp. – April 3, 2020) – MG Capital Corporation

TSXV:DLP

MG Capital Corporation (TSXV: DLP ) ("MG" or the "Corporation") and DLP Resources Inc. ar e

postponing the filing and preparation of its condensed interim consolidated financial statements,

as a result of the impact caused by COVID -19, for the period ended January 31, 2020 and the

accompanying Management’s Discussion and Analysis of Financial Condition and Results of

Operations (“MD&A”). In deciding to postpone the filing of the Interim Filings, the Company is

relying upon the Canadian Securities Administrators’ blanket relief, which, in light of recent

developments relating to the Coronavirus Disease 2019 (“COVID-19”) pandemic and their impact

on capital market participants, provides a 45 -day extension for certain periodic filings normally

required to be made by reporting issuers on or before June 1, 2020 under applicable Canadian

securities laws.

Management does not anticipate the current COVID -19 pandemic t o impact the filing of the

Company’s annual consolidated financial statements and Management’s Discussion and Analysis

of Financial Condition and Results of Operations, for the period ended April 30, 2020.

For further information, please contact:

MG Capital Corporation

DLP Resources Inc.

Jim Stypula, Chief Executive Officer

Robin Sudo, Chief Financial Officer and Corporate Secretary

Telephone: 250-426-7808

NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN

THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF

THIS RELEASE.