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FAT.CN ·

Far to Rely on BC Instrument 51-516 to Extend Filing Deadline.

Listings & Exchange

July 28, 2020

Far to Rely on BC Instrument 51-516 to Extend Filing Deadline.

VANCOUVER, CANADA – Far Resources Ltd (CSE:FAT) (FSE:F0R) (OTC:FRRSF) is providing an

update on the status of the filing of its annual financial statements and accompanying management’s

discussion and analysis, and related CEO and CFO certifications for the financial year ended March 31,

2020 (collectively “the Annual Filings”), which are required to be filed by July 29, 2020 under National

Instrument 51-102. BC Instrument 51-516 allows for a 45-day filing extension for certain filings required

on or before December 31, 2020 to allow issuers the time needed to focus on the many other business

and financial reporting implications of COVID-19.

Far will rely on this exemption with respect to the Annual Filings. The Company is continuing to work

diligently and expeditiously with its auditors to file the Annual Filings on or before August 12, 2020. In the

interim, management and other insiders of the Company are subject to a trading black-out policy that

reflects the principles in section 9 of National Policy 11-207, Failure to-File Cease Trade Orders and

Revocations in Multiple Jurisdictions. The Company confirms that since the filings of its interim unaudited

consolidated financial statements for the nine months ended December 30, 2019, there have been no

material business developments other than those disclosed through news releases and as noted below.

###

For and on behalf of the Board

John Gammack

President and CEO

About Far

Far Resources Ltd. is a Canadian battery and technology metals exploration and development company

with lithium exploration projects in Canada and the USA. In Canada, Far is advancing its Zoro Lithium

Project, located in the mining-friendly Snow Lake region of Manitoba. Zoro covers numerous known

lithium pegmatite dykes and hosts the company’s 1.1 million tonne resource (0.93% Li 2O at a 0.3%

cutoff), plus an additional fifty targets. The company also holds a 60% stake in the Hidden Lake Lithium

Project in Northwest Territories. In the USA, the company owns the Winston Project in New Mexico, a

historic mining property with potential for bonanza-grade silver and gold.

More information is available at Far’s website: www.farresources.com.

About BattMat

BattMat Technologies Inc. is dedicated to capitalizing on the advancement of battery-focused

technologies and applications, including systems for distributed power, marine power and energy storage.

More information is available at BattMat’s website: www.battmat.com.

About Electric Blue Power

Electric Blue Power, LLC operates the all-electric vessel Electric Blue Yacht and is developing the VAB

Controller® and other related designs of inventor Lee Wheelbarger. You can read more about EBP

at www.electricbluepower.com.

Information Contact

John Gammack, President and CEO

Far Resources Ltd.

+1 (604) 374-5561

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news

release and accepts no responsibility for the adequacy or accuracy hereof.

Forward Looking Statements

This news release may contain forward-looking statements, which relate to future events or future

performance, including planned exploration, and reflect management’s current expectations and

assumptions. Such forward-looking statements reflect management’s current beliefs and are based on

assumptions made by and information currently available to the company. Readers are cautioned that

these forward looking statements are neither promises nor guarantees, and are subject to risks and

uncertainties that may cause future results to differ materially from those expected. All of the forward-

looking statements made in this news release are qualified by these cautionary statements and those in

our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking

statements are made as of the date hereof and the company does not assume any obligation to update or

revise them to reflect new events or circumstances save as required under applicable securities

legislation. This news release does not constitute an offer to sell securities and the company is not

soliciting an offer to buy securities in any jurisdiction in which such offer, solicitation or sale would be

unlawful prior to registration or qualification under the securities laws of such jurisdiction.