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Gold Plus Mining Retains Mr. Mike Kilbourne, BSc. (Hons), P.Geo As Qualified Person and Geological Consultant

Corporate Updates

FOR IMMEDIATE RELEASE

Gold Plus Mining Retains Mr. Mike Kilbourne, BSc. (Hons), P.Geo As Qualified Person and Geological Consultant

VANCOUVER, BC, August 14th, 2020 – Gold Plus Mining Inc. (“Gold Plus” or the “Company”) (CSE :GPMI) is pleased

to announce it has retained Mr. Mike Kilbourne as its Qualified Person and Consulting Geologist to oversee

exploration initiatives for some of its portfolio of highly prospective, discovery-stage mineral properties located in

some of Canada’s top mining jurisdictions. The Company’s properties are located in : the prolific “Golden Triangle”

of British Columbia, the Mineral Rich “Red Lake” mining camp of Northwestern Ontario and the “Chapais -

Chibougamau” mining camp, the second largest mining camp in Quebec, Canada.

Mr. Kilbourne graduated from the University of Western Ontario in 1985 with an Honours BSc. in Geology. His first

field season was in 1980, representing over 40 years in the industry. Mr. Kilbourne’s career has involved holding

various executive positions for junior resource companies, gold production geologist for open pit, underground bulk

and narrow vein mining, and long term mine planning for the 10 + simultaneous US aggregate operations. He has

supervised and managed over 100,000 meters of diamond drilling in Archean precious and base metal projects and

recently surpassed generating over 700 exploration targets across North America and Mexico for a private firm.

Company CEO and Director Spencer Smyl states, “Mr. Kilbourne brings a track record of success and extensive

experience to Gold Plus Mining. We are planning multiple exploration programs for this 2020 season with Gold prices

recently surpassing all time highs.”

Private Placement

As previously announced on July 27 and August 10, 2020, the Company is currently working on non-brokered non-

flow through private placement of up to $1,100,000 consisting of up to 7,333,333 units at $0.15 per unit. Each unit

will consist of one common share and one share purchase warrant, with each warrant exercisable into one common

share at $0.30 for a two -year term. As well as a flow through unit private placement of up to $800,000 consisting

of up to 4,000,000 units at $0.20 per unit. Each unit will consist of one common share and one share purchase

warrant, with each warrant exercisable into one common share at $0. 30 for a two-year term. The Company may

pay a finder's fee paid in accordance with applicable laws.

About Gold Plus Mining Inc.

Gold Plus Mining is a publicly traded exploration company focused on the development of highly prospective,

discovery-stage mineral properties located in some of Canada’s top mining jurisdictions. Our growing portfolio of

mineral properties exhibit favorable geological characteristics in underexplored areas within the prolific “Golden

Triangle” of British Columbia, the Mineral Rich “Red Lake” mining camp of Northwestern Ontario and the “Chapais-

Chibougamau” mining camp, the second largest mining camp in Quebec, Canada.

ON BEHALF OF THE BOARD

Spencer Smyl

CEO & Director

For more information on Gold Plus Mining, please contact

Mr. Spencer Smyl – CEO & Director

Phone: 604-785-4229

E-mail: [email protected]

Corporate e-mail: [email protected]

Website: www.goldplusmining.com

Corporate Address: 303 – 570 Granville Street, Vancouver, BC, V6C 2P1

Neither Canadian Securities Exchange (CSE) nor its Regulation Services Provider (as that term is defined in the policies of t he Canadian Securities Exchange)

accepts responsibility for the adequacy or accuracy of this release.

Not for distribution to U.S. Newswire Services or for dissemination in the United States.