DLP.V · 2020-09-08 12:00:00

MG Capital Corporation announces Acceleration of Warrant Expiry Date

Financings Share Capital & Compensation

Cranbrook, British Columbia, (Newsfile Corp. – September 8, 2020) – MG Capital Corporation

TSXV:DLP

MG Capital Corporation (“MG Capital” or the “Corporation”) announces that the expiry date (the "Expiry

Date") for the warrants issued on November 14, 2019 (the " Warrants"), with regard to its non -brokered

private placement (see news releases dated September 26, 2019 and November 15, 2019), has been accelerated

to 30 days from today's date (for a new Expiry Date of October 8, 2020). The acceleration of the Expiry Date

is due to a Trigger Event (as defined in the Warrant certificates), which occurred due to the price of the common

shares being equal to or greater than $0.25 for a period of 20 consecutive trading days, thereby automatically

accelerating the Expiry Date of the Warrants. The Trigger event was disclosed in the private placement's news

release of September 26, 2019 and in the respective Warrant certificates. The Warrants that are unexercised

will expire and be of no further value at 4:30 p.m. PDT on October 8, 2020.

Exercise Price Number and Dates of Warrants Issued Accelerated Expiry Date

$0.15 4,900,000 issued November 14, 2019 October 8, 2020

For further information, please contact:

MG Capital Corporation

Jim Stypula, Chief Executive Officer

Robin Sudo, Chief Financial Officer and Corporate Secretary

Telephone: 250-426-7808

Website: dlpresourcesinc.com

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.