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Gem International Resources Inc. Provides Corporate Update

Corporate Updates

Gem International Resources Inc. Provides Corporate Update

VANCOUVER, British Columbia, Oct. 21, 2019 -- Gem International Resources Inc. (“ Gem” or the “Company”) (NEX:GI.H)

announces that on May 29, 2018, Mr. Sean Hurd was appointed to the board of directors (“ Board”) of the Company. Mr. Hurd

has approximately twenty years of experience in public markets in positions including chief executive officer, president,

director, investor relations and corporate development. His involvement with public companies has been primarily with publicly

traded venture capital companies in mining, oil & gas, and industrial sectors, providing management, fundraising and various

consulting/marketing services. On May 29, 2018, Michael Ballanger resigned from the Board. Following these changes, the

Board is now composed of Messrs. John Barr, John Smyth, and Sean Hurd.

In addition, the Company announces that it intends to hold its next annual general meeting of shareholders within the next four

months.

For further information, please contact:

John W. Barr

Interim Chief Executive Officer

T: + 61 0 418 912 885

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 release.

Caution concerning forward-looking statements: The information in this release may contain forward-looking information under

applicable securities laws. This forward-looking information is subject to known and unknown risks, uncertainties and other

factors that may cause actual results to differ materially from those implied by the forward-looking information. Factors that

may cause actual results to vary include, but are not limited to, inaccurate assumptions concerning the exploration for and

development of mineral deposits, political instability, currency fluctuations, unanticipated operational or technical difficulties,

changes in laws or regulations, the risks of obtaining necessary licenses and permits, changes in general economic

conditions or conditions in the financial markets and the inability to raise additional financing. Readers are cautioned not to

place undue reliance on this forward-looking information. Gem does not assume the obligation to revise or update his forward-

looking information after the date of this release or to revise such information to reflect the occurrence of future unanticipated

events except as may be required under applicable securities laws.

/NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/