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A Belcarra Group Company Barsele Announced Trading in the U.S. on the OTCQB Venture Market

Corporate Updates

A Belcarra Group Company

Barsele Announced Trading in the U.S. on the OTCQB Venture Market

October 19, 2021: Vancouver, BC: Barsele Minerals Corp. – (TSX.V: BME) (the “Company” or “Barsele”) is pleased

to announce that its common shares have commenced trading on the OTCQB Venture Market (“ OTCQB”) in the

United States (“U.S.”) under the symbol “BRSLF”. The Company's common shares will continue to trade on the TSX

Venture Exchange under the symbol "BME".

The OTCQB® is for earlier- stage and developing U.S. and international companies. To be eligible, companies are

required to meet certain conditions including, filing of audited financial statements, current disclosure requirements,

a minimum bid price, and submitting to an annual verification and management certification process. The OTCQB

Venture quality standards provide greater transparency and disclosure, along with enhanced technology features

and regulation to improve the information accessibility and trading capability for investors.

Barsele’s President and CEO Gary Cope states, “We are extremely happy with this new achievement in the

Company’s development as we look forward to expanding our reach into the U.S. Capital Markets. The OTCQB

platform will enable Barsele to access a larger investor base and subsequently lead the Company to increased

liquidity and shareholders.”

About the Barsele Project

The Barsele Project is located on the western end of the Proterozoic “Skellefte Trend”, a prolific volcanogenic

massive sulphide deposits belt, that intersects with the “Gold Line” in Northern Sweden. Both polymetallic deposits

and intrusive hosted orogenic gold deposits are present in this region and on the property. Current and past

producers in the region include Boliden, Kristineberg, Bjorkdal, Svartliden and Storliden.

About Barsele Minerals Corp.

Barsele is a Canadian -based junior exploration company managed by the Belcarra Group, comprised of highly

qualified mining professionals. Barsele’s main property is the Barsele Gold Project in Västerbottens Län, Sweden, a

joint venture with Agnico Eagle. An amended NI 43- 101 Technical Report on the Barsele Project with an effective

date of February 21, 2019, was filed on SEDAR on December 16, 2020.

On Behalf of the Board of Directors

Gary Cope

President and CEO

For further information, please contact Bars ele Minerals Corp. at 604 -687-8566, email [email protected]

or visit our website at www.barseleminerals.com

Barsele Announced Trading in the U.S. on the OTCQB Venture Market

October 19, 2021

Forward Looking Statements

Information set forth in this press release contains forward -looking statements. These statements reflect

management’s current estimates, beliefs, intentions and expectations; they are not guarantees of future

performance. The Company cautions that all for ward-looking statements are inherently uncertain and that actual

performance may be affected by a number of material factors, many of which are beyond the Company’s control.

Such factors include, among other things: risks and uncertainties relating to exploration and development, the ability

of the Company to obtain additional financing, the need to comply with environmental and governmental

regulations, fluctuations in the prices of commodities, operating hazards and risks, competition and other risks and

uncertainties, including those described in the Company’s financial statements available on www.sedar.com.

Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs,

intentions and expectations expresse d or implied in the forward -looking information. Except as required under

applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking

information.

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.