Standard & Poor’s Listed

12G3-2(b): 82-4000

Standard & Poor’s Listed

TSX Venture Exchange: GLB

OTC: GLBKF

April 30, 2020

FILING OF AUDITED FINANCIAL STATEMENTS DELAYED

Due to logistics and delays caused by COVID -19, Goldbank Mining Corporation (“Goldbank”)(TSX.V-

GLB) has been unable to meet the deadline of April 29, 2020 for filing of its audited annual financial

statements and annual management's discussion & analysis (“MD&A”) for the year ended December 31,

2019 and related certifications of annual filings.

Goldbank is relying on BC Instrument 51-515 Temporary Exemption from Certain Corporate Finance

Requirements ("BCI 51-515") enacted by the British Columbia Securities Commission which provides

relief consisting of a 45-day extension for certain regulatory filings required to be made on or prior to June

1, 2020 as a result of the COVID-19 pandemic.

Goldbank is relying on the temporary exemption pursuant to BCI 51-515 with respect to the following:

 the requirement to file its annual financial statements within 120 days of its financial year-end as

required by subsection 4.2(b) of National Instrument 51 - 102 Continuous Disclosure Obligations

("NI 51-102");

 the requirement to file its annual MD&A within 120 days of its financial year-end as require d by

subsection 5.1(2) of NI 51-102;

 the requirement to file certifications of annual filings pursuant to section 4.1 of National Instrument

52-109 Certification of Disclosure in Issuers' Annual and Interim Filings;

 the requirement to deliver of its annual financial statements as required by subsection 4.6(3) of NI

51-102;

 the requirement to deliver its annual MD&A as required by subsection 5.6(3) of NI 51-102.

Goldbank’s management and other insiders are subject to an insider trading black -out policy that reflects

the principles in Section 9 of National Policy 11 -207 Failure-to-File Cease Trade Orders and Revocations

in Multiple Jurisdictions.

Goldbank continues to work diligently with its auditors and plan to complete the annual filings on or before

May 8, 2020.

Other than as disclosed herein or under Goldbank’s profile on SEDAR, Goldbank confirms that there

have been no material business developments since November 29, 2019, being the filing date of its last

interim financial statements.

For further information please e-mail [email protected].

GOLDBANK MINING CORPORATION

PER: “James Boyce” Suite 702 – 889 West Pender Street

Vancouver, BC CANADA V6C 3B2

JAMES BOYCE Telephone: 604.683.3288

President & CEO Toll Free: 1.888.880.2288  Email: [email protected]

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release .

Cautionary Note to US Investors : This news release may contain information about adjacent properties on which we have no

right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this typ e in

documents filed with the SEC. U.S. i nvestors are cautioned that mineral deposits on adjacent properties are not indicative of

mineral deposits on our properties. This news release may contain forward -looking statements including but not limited to

comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles,

potential mineral recovery processes, etc. Forward -looking statements address future events and conditions and therefore

involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.