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EVR.CN ·

AGM Results including Share Consolidation Approval

Shareholder Meetings Corporate Actions

12 Mitchell Road, Box 306 Tel: (204) 687-3500

Flin Flon, MB, R8A 1N1 CZC.CSE Fax: (204) 687-4762

copperreefmining.com

October 29, 2019

Copper Reef Announces Results From Annual and

Special Meeting of Shareholders

Copper Reef Mining Corporation (CSE: CZC) (the "Company") announces that all resolutions proposed to

shareholders at the annual and special meeting of shareholders held on October 24, 2019, were duly

passed.

Based on proxies received and votes cast at the meeting, 77,577,511 common shares of the Company,

representing 48.68% of the Company’s issued and outstanding shares as at the record date for the

meeting were voted and the following individuals were elected as directors of the Company to hold office

until the next annual meeting of shareholders:

Name of Nominee Votes cast FOR Votes WITHHELD

Stephen L. Masson 77,477,511

99.87%

100,000

0.13%

Brent J. Peters 77,477,511

99.87%

100,000

0.13%

William Phillips 77,447,511

99.83%

130,000

0.17%

William Jackson 77,447,511

99.83%

130,000

0.17%

Warren Bates 77,477,511

99.87%

100,000

0.13%

The auditors for the Company, UHY McGovern, Hurley, Cunningham LLP were re -appointed for the

ensuing year.

In addition, the proposal to amend the Company’s articles to effect a consolidation of the Company’s

issued and outstanding common shares on the basis of one (1) post -consolidation common share for up

to ten (10) pre -consolidation common shares of the Company (the “ Share Consolidation ”) has been

approved by a special (two-thirds) resolution of the shareholders, which resolution was passed by 99.83%

of shareholders present or represented by proxy at the meeting. The Board will assess market conditions

and if the Board determines that the Share Consolidation is in the best interests of the Company, wi ll

proceed to effect the Share Consolidation within six months of approval, subject to receiving the required

regulatory approvals, including the approval of the Canadian Securities Exchange.

For detailed voting results on each resolution, please refer to the Company’s Report of Voting Results filed

under the Company’s profile on SEDAR at www.sedar.com.

ABOUT COPPER REEF MINING CORPORATION

Copper Reef is a Canadian junior mineral exploration company with a specific focus on mineral properties

in northwest Manitoba and northeast Saskatchewan, Canada. The Issuer has assembled a portfolio of base

metal and precious metal prospects, including st rategic locations in the Provinces of Manitoba and

Saskatchewan and holds a number of royalties on properties within the belt.

Copper Reef Mining Corporation

“signed”

Stephen L. Masson M.Sc. P.Geo.

President & CEO

No stock exchange or securities regulato ry authority has reviewed or accepted responsibility for the

adequacy or accuracy of this release. Some of the statements contained in this release are forward-looking

statements, such as estimates and statements that describe the Issuer's future plans, objectives or goals,

including words to the effect that the Issuer or management expects a stated condition or result to occur.

Since forward-looking statements address future events and conditions, by their very nature, they involve

inherent risks and uncertainties.