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GX.V ·

Guardian Exploration Inc. Announces Election of New Director

Management Changes

Guardian Exploration Inc. Announces Election

of New Director

Calgary, Alberta--(Newsfile Corp. - October 6, 2020) - Guardian Exploration Inc. (TSXV: GX) (the

"

Corporation

") is pleased to announce that Kevin Flaherty has been elected as a director of the

Corporation.

Kevin Flaherty has been active in the SE Asia region for more than 20 years and is a recognized

specialist in energy and natural resources. He has an established track record of identifying attractive

projects, establishing companies, executing valuation growth and structuring exits.

In his role at Saigon

Asset Management, as Managing Director - Energy & Natural Resources, he is responsible for direct

investments and advisory services in the energy and natural resources sector.

One of the proprietary

investments spearheaded by Mr. Flaherty has been the structuring and establishment of Savitar

Exploration Limited, a private company that has two mining exploration projects in Myanmar: the

advanced Kanbauk Tin-Tungsten-Fluorspar mine and the Yamethin gold exploration project.

Mr. Flaherty

is also a Director of Indochina Energy Partners Pte. Ltd., a solar power firm that operates in SE Asia,

developing and financing solar power projects.

Kevin received both a B.A. in Economics and an MBA in Finance from the University of Calgary.

The addition of Mr. Flaherty to the Corporation's board of directors is subject to the approval of the TSX

Venture Exchange.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Graydon Kowal

President and CEO

(403) 730-6333

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.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/65351