FMN.V · 2019-09-04 12:00:00

Fidelity Minerals Corp. Completes Private Placement

Financings

Vancouver, BC, September 4, 2019 – Fidelity Minerals Corp. (TSX -V: FMN | FSE: S5GM |

SSE: MNYC) (“Fidelity Minerals” or the “ Company”) is pleased to announce that it has closed

the second and final tranche of the non-brokered private placement (the “Private Placement”),

previously announced in its News Release s dated June 12, 2019 and July 12, 2019. The Company

has issued, including the first tranche that closed on July 12, 2019, a total of 12,078,000 units at

$0.05 per unit for gross proceeds of $ 603,900. Each unit consists of one common share and a half

transferable share purchase warrant , with each whole w arrant exercisable into one additional

common share at $0.06 per share for one (1) year following the closing date. The securities issued

pursuant to the final tranche of the private placement are subject to a four month hold period that

expires on January 5 , 20 20. The Company intends to use the net proceeds from the Private

Placement for working capital and general corporate purposes.

About Fidelity Minerals Corp.

Fidelity Minerals Corp. is an emerging gold producer focusing on unlocking value from advanced

stage mining assets in Peru. The company is backed by an experienced management team with

diverse technical, market, and commercial expertise and is sup ported by committed and

sophisticated investors focused on building long term value, now anchored by Lions Bay Capital

Inc.

On behalf of the Board of Fidelity Minerals;

Ian Graham

CEO and Director

Tel: +1.604.671.1353

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

contact:

Investor Contact:

Bahay Ozcakmak

Executive Chairman

Tel: +61.3.9236.2800

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.