The Company has announced announce that it is proceeding with a 5:1 consolidation of the common shares of the Company previously announced on
51‐102F3
MATERIAL CHANGE REPORT
Item 1 Name and Address of Company
Fidelity Minerals Corp. (the “Company”)
Suite 1201 – 1166 Alberni Street
Vancouver, BC V6E 3Z3
Item 2 Date of Material Change
December 13, 2019
Item 3 News Release
The news release was issued on December 12, 2019 via Stockwatch and Market News.
Item 4 Summary of Material Change
The Company has announced announce that it is proceeding with a 5:1 consolidation of the common
shares of the Company previously announced on December 4, 2019, with an effective date of December
13, 2019. Following the consolidation, the number of outstanding common shares of 132,294,222 will be
reduced to 26,458,844 post-consolidation common shares.
Item 5 Full Description of Material Change
5.1 Full Description of Material Change
See attached news releases.
5.2 Disclosure for Restructuring Transactions
N/A
Item 6 Reliance on subsection 7.1(2) of National Instrument 51‐102
Not Applicable
Item 7 Omitted Information
See Item 5.1 with respect to the clarification of the issuance.
Item 8 Executive Officer
Ian Graham, Chief Executive Officer and Director, Telephone: 604.671.1353.
Item 9 Date of Report
December 13, 2019
Fidelity Minerals Corp. Completes Share
Consolidation
Vancouver, BC, December 12th, 2019 – Fidelity Minerals Corp. (TSX-V: FMN | FSE: S5GM | SSE:
MNYC) (“Fidelity Minerals” or “the Company”) announces that it is proceeding with a 5:1 consolidation
of the common shares of the Company previously announced on December 4, 2019, with an effective date
of December 13, 2019. Following the consolidation, the number of outstanding common sh ares of
132,294,222 will be reduced to 26,458,844 post-consolidation common shares.
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 commercial expertise and is supported by committed and sophisticated invest ors
focused on building long term value.
On behalf of the Board of Fidelity Minerals;
Ian Graham
CEO and Director
Tel: +1.604.671.1353
Email: [email protected]
Investor Contact:
Bahay Ozcakmak
Executive Chairman
Tel: +61.414.596.007 (Australia)
Email: [email protected]
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. The information in this news release
has been prepared by our management to provide a context for the acquired projects and the registration of title
and to provide the reader with an outlook for our future activities and anticipated focus projects and may not be
appropriate for other purposes. Forward-looking statements in this announcement include, advancing cer tain
key project activities that could represent important milestones which the Company expects may represent
material valuation catalysts, such as the expectation that through the Strategic Project Generator model Fidelity
Minerals is positioning itself to be a beneficiary in this environment of increased appetite for prospective projects
in this region. . The implication that the Company’s initiatives will indi vidually or collectively be successful
comprise forward looking statements.