FMN.V · 2020-07-08 12:00:00

Fidelity Minerals Announces the Issuance of Options

Share Capital & Compensation

Vancouver, BC, July 8 , 2020 – Fidelity Minerals Corp. (TSX-V: FMN | FSE: S5GM | SSE:

MNYC) (“Fidelity Minerals” or the “ Company”) announces that the Company has granted an

aggregate of 1,925,000 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 $0.075 per share for a period of 5 years. The Options are subject

to TSX-V approval.

About Fidelity Minerals Corp.

Fidelity Minerals Corp. is assembling 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 comm ercial expertise and is supported by

committed and sophisticated investors focused on building long term value.

On behalf of the Board of Fidelity Minerals;

Ian Graham

CEO and Director

Tel: +1.604.671.1353

Investor Contact:

Bahay Ozcakmak

Executive Chairman

Tel: +61.414.596.007

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.