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FMN.V ·

Fidelity Engages The Howard Group To Direct Investor Relations Communications Programs

Marketing Announcement

Fidelity Engages The Howard Group To Direct Investor Relations

Communications Programs

Vancouver, BC, April 13th, 2023 – Fidelity Minerals Corp. (TSX-V: FMN | FSE: S5GM | SSE: MNYC)

(“Fidelity” or the “Company”) is pleased to announce that it has engaged The Howard Group as its investor

relations communications advisor to direct both traditional and online initiatives targeting institutional and

retail investing groups as well as the broader investment community.

The Agreement is for 18 months effective April 15, 2023. The remuneration payable to The Howard Group

will be tiered throughout the term of the contract. The first month will be $10,000 and ultimately move to

$12,000 per month. In addition, The Howard Group has been granted options to acquire five hundred

thousand (500,000) common shares of the Company at an exercise price of $0.11. These options have a term

of five years and will vest as follows: 125,000 options shall vest on July 12, 2023, 125,000 options shall vest

on October 12, 2023, 125,000 options shall vest on January 12, 2024, and 125,000 options shall vest on April

12, 2024. The Howard Group is an arms-length party with no current relationship with the Company and The

Howard Group and/or its employees currently holds 200,000 common shares of Fidelity.

Founded in 1988, the Howard Group provides Investor Relations Engagement Programs, Capital Markets

Advisory, Corporate & Digital Communications services for emerging & established public and select

private companies.

In addition to the options granted the Howard Group, the Company announces that it has granted an aggregate

of 4,550,000 incentive stock options (the "Options") to certain directors, officers and consultants of the

Company pursuant to the Company's previously approved Stock Option Plan. The Options are exercisable at

a price of $0.11 per share for a period of 5 years.

The Agreement and options are subject to the approval of the TSX Venture Exchange.

About Fidelity Minerals Corp.

Fidelity Minerals Corp. has assembled a portfolio of high-quality mining assets in Peru and aims to delineate

major deposits on these properties that could attract the interest of mid -tier and major mining companies.

Fidelity has a portfolio of four key assets in Peru and is currently focused on progressing its most advanced

project – Las Huaquillas. Fidelity is also looking to opportunistically expand its project portfolio with

accretive acquisitions. The company is backed by an experienced management team with diverse technical,

market, and commercial expertise and is supported by committed, and sophisticated investors focused on

building long-term value.

On behalf of the Board of Fidelity Minerals.

Dean Pekeski

CEO, President and Director

Email: [email protected]

For more information, please visit the corporate website at http://www.fidelityminerals.com or contact:

NEITHER THE 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 NEWS RELEASE.

Disclaimer & Forward -Looking Statements: This news release contains forward -looking statements.

Forward-looking statements are statements that relate to future events or fut ure financial performance. In

some cases, you can identify forward-looking statements by the use of terminology such as “may”, “should”,

“intend”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “project”, “predict”, “potential”, or

“continue” or the negative of these terms or other comparable terminology. These statements speak only as

of the date of this news release. This news release may also contain inferences to future oriented financial

information (“FOFI”) within the meaning of applicable securities laws. The information in this news release

has been prepared by our management to provide a context to provide the reader with an outlook for our

future activities and anticipated key milestones and may not be appropriate for other purposes. Forward-

looking statements in this announcement include, (but are not limited to) advancing certain key project

activities that could represent important milestones which the Company expects may represent mat erial

valuation catalysts, such as the expectation that through the assembling of a portfolio of high-quality mining

assets in Peru, the Company aims to delineate major deposits on these properties that could attract the

interest of mid-tier and major mining companies. Further, forward-looking statements in this release include

that Fidelity Minerals Corp. is also looking to opportunistically expand its project portfolio with accretive

acquisitions.