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Sulliden Mining Capital Announces AGM Results

Shareholder Meetings

Sulliden Mining Capital Announces AGM Results

TORONTO, Feb. 27, 2020 -- Sulliden Mining Capital Inc. (“Sulliden” or the “Company”) (TSX: SMC) reports, in accordance

with the policies of the Toronto Stock Exchange, that the nominees listed in the Management Information Circular dated

January 30, 2020 for the 2020 Annual and special Meeting of Shareholders of the Company (the “Meeting”) were elected as

directors of the Company. 46.340% of all of the issued and outstanding shares of the Company were represented at the

Meeting. 

Detailed results of the vote for the election of directors held at the Meeting on February 27, 2020 in Toronto, Ontario are set out

below.

Election of Directors

The shareholders approved the election as directors of the persons listed below, based on the following vote.

Board of Director Nominees % Votes For % Votes Withheld

Stan Bharti 98.060% 1.940%

Deborah Battiston 84.564% 15.436%

William Clarke 85.483% 14.517%

Stéphane Amireault 98.520% 1.480%

William Connor Steers 98.482% 1.518%

The Company is pleased to announce the addition of Stéphane Amireault and William Connor Steers to its Board of Directors

effective immediately.

Stéphane Amireault has over 25 years of experience in mineral exploration, and is currently Vice President Exploration for

Belo Sun Mining. Prior to joining Belo Sun, Mr. Amireault was the Vice President Exploration for Sulliden Gold Corporation

until its acquisition by Rio Alto Mining in 2014. Mr. Amireault holds a master’s degree in Applied Sciences from École

Polytechnique of the University of Montréal and is a member in good standing of the Ordre des Ingénieurs du Québec.

Mr. Steers brings to the Company over 40 years of international business development and management experience. While

resident in Rio de Janeiro, he was a Director and senior manager of Docas Investimentos, a Brazilian controlled investment

group involved in real estate, ship building, telecoms and more recently, oil and gas. He is a partner at IMC Consultoria

Representacao Com. Int. Ltda. that among other activities, successfully introduced IMAX to Brazil.  Mr. Steers is

an Independent Director of Brazilian oil and gas producer Petro Rio and Toronto based Lara Exploration Ltd. Formerly,

Managing Partner at Weatherhaven Brasil (private manufacturer of temporary shelters). Mr. Steers holds an Honors BA from

the Richard Ivey School of Business at Western University.

The Company also announces the resignation of Mr. Brad Humphrey and Hon. Pierre Pettigrew from its Board of Directors.

The board and management of Sulliden express their gratitude to Mr. Humphrey and Mr. Pettigrew for their efforts and

extensive contributions and wish them well in their future endeavours.

Shareholders at the annual meeting also approved the appointment of the Company's auditors, stock option plan and advance

notice by-law amendment.

Sulliden’s board would like to express its gratitude to its shareholders for their continued support.

About Sulliden Mining Capital

Sulliden Mining Capital is a venture capital company focused on acquiring and advancing brownfield, development-stage and

early production-stage mining projects in the Americas.

Sulliden Mining Capital Inc.

On behalf of the Board

“Stan Bharti”

Interim Chief Executive Officer

For more information:

Deb Battiston

Chief Financial Officer

+1 (416) 861-2267

Cautionary statement regarding forward-looking information

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation.

Forward-looking information includes, without limitation, statements regarding the development of the Troilus Gold Project.

 Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the

actual results, level of activity, performance or achievements of the Company to be materially different from those expressed

or implied by such forward-looking information, including risks inherent in the mining industry and risks described in the public

disclosure of the Company which is available under the profile of the Company on SEDAR at  www.sedar.com and on the

Company's website at www.sulliden.com.  Although the Company has attempted to identify important factors that could cause

actual results to differ materially from those contained in forward-looking information, there may be other factors that cause

results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be

accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly,

readers should not place undue reliance on forward-looking information. The Company does not undertake to update any

forward-looking information, except in accordance with applicable securities laws.