Navy Resources Corp. Files 43-101 To Support Propos ed Hot Springs Mineral Project Option

NAVY RESOURCES CORP.

Suite 1740 -1177 West Hastings Street

Vancouver, BC V6E 2K3

FOR IMMEDIATE RELEASE April 1, 2020

Navy Resources Corp. Files 43-101 To Support Propos ed Hot Springs Mineral Project

Option

Navy Resources Corp. (TSX-V: NVY) (the “ Company ”) announces that further to its news release dated

March 6, 2020 wherein the Company advised that proposed to acquire an option of the Hot Springs Range

Mineral Project, subject to TSXV approval, the Comp any has now filed the required 43-101 report in

support of the filing and is awaiting comments. The option, if approved by TSXV, will constitute the

Company’s fundamental asset acquisition to meet Tier 2 continued listing requirements. The independent

technical report reviews the Hot Spring Project’s area and local geology and recommends a two phased

exploration program totaling US$200,000.

Trading will remain halted as per TSXV Policy while documents are filed and reviewed in regards to the

fundamental acquisition.

On behalf of the Board of Directors,

“Martin Bajic”

CFO and Director

Neither 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.