FMN.V · 2021-03-15 12:00:00

Fidelity Minerals Announces Initiating Red Cloud Coverage

Corporate Updates

Vancouver, BC, March 15th, 2021 – Fidelity Minerals Corp. (TSX-V: FMN | FSE: S5GM | SSE:

MNYC) (“Fidelity Minerals” or the “ Company”) announces the initiation of coverage by Red

Cloud Securities Inc. and Red Cloud Financial Services Inc. (together “Red Cloud”). The initiating

coverage can be found at the link below;

https://www.redcloudfs.com/fidelity-minerals-corp-tsxvfmn-becoming-perus-premier-project-

generator/

Fidelity Minerals recently participated and presented at the Red Cloud 2021 Pre-PDAC Mining

Showcase. A copy of the presentation has been posted to the Fidelity website

(https://www.fidelityminerals.com/), and a copy of the presentation replay can be found on the Red

Cloud website (https://www.redcloudfs.com/prepdac2021-replays/).

Red Cloud Securities Inc.is registered as an Investment Dealer in all Canadian Provinces and

Territories and is a member of the Investment Industry Organization of Canada (IIROC). Part of

Red Cloud Securities Inc.'s business is to connect mining companies with suitable investors.

The Company also announces that it has granted 250,000 incentive stock options (the "Options") to

the newly appointed Chief Executive Officer and President of the Company pursuant to the

Company's previously approved Stock Option Plan. The Options are exercisable at a price of $0.15

per share for a period of 5 years.

About Fidelity Minerals Corp.

Fidelity Minerals Corp. is assembling and advancing a portfolio of high -quality mining assets in

Peru through the implementation of our Strategic Project Generator (SPG) model. The project

generator model involves the identification and acquisition of appraisal stage opportunities with

near-term valuation catalysts, including potential for high-impact M&A. 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

Tel: +1.778.828.9724

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

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 future 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.