Lido Minerals Files Updated 43-101 Report on the Nimpkish Property
LIDO MINERALS LTD.
NEWS RELEASE
Lido Minerals Files Updated 43-101 Report on the Nimpkish Property
Vancouver, British Columbia / April 29, 2020 – Lido Minerals Ltd. (“ Lido ” or the “ Company ”) is
pleased to announce that it has filed an updated technical report dated April 27, 2020 and titled “Technical
Report on the Nimpkish Property” (the “ Technical Report ”) respecting the Company’s Nimpkish Property
located in the Nanaimo Mining Division in British Columbi a, Canada. The Technical Report, which has
been filed under the Company’s profile on the SEDAR website at www.sedar.com , was prepared in
accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Properties by Agnes
M. Koffyberg, M.Sc., P.Geo., of Discovery Consultants.
The Company also announced that. Mr. Stephen Brohman has been appointed as the Company’s Chief
Financial Officer and Corporate Secretary. Mr. Brohma n has over 10 years of working experience in a
variety of roles with public and private companies and has become experienced in corporate finance, project
acquisition, executive management, corporate communications, corporate branding, shareholder relations
and investor lead generation. Mr. Brohman’s appointment was made in conjunction with Lucas Birdsall’s
resignation as a director and CFO of the Company in order to focus on other interests.
Qualified Person
Agnes M. Koffyberg, M.Sc., P.Geo., is a qualified pers on as defined in National Instrument 43-101. She
has reviewed and is responsible for the technical information in this news release.
About Lido Minerals Ltd.
Lido Minerals Ltd. is a mineral exploration company with an option, through its wholly-owned subsidiary,
to acquire a 100% interest in the Nimpkish mineral property in the Province of British Columbia.
ON BEHALF OF THE BOARD OF DIRECTORS
Carl Chow, CEO
604.306.0033
Forward-looking Information Cautionary Statement
Except for statements of historic fact, this news release contains certain "forward-looking information"
within the meaning of applicable securities law. Forward-looking information is frequently characterized
by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar
words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements
are based on the opinions and estimates at the date the statements are made, and are subject to a variety
of risks and uncertainties and other factors that could cause actual eve nts or results to differ materially
from those anticipated in the forward-looking statements. There are uncertainties inherent in forward-
looking information, including factors beyond the Company’s control. There are no assurances that the
business plans for the Company described in this news release will come into effect on the terms or time
frame described herein. The Company undertakes no obligation to update forward-looking information if
circumstances or management's estimates or opinions should change except as required by law. The reader
is cautioned not to place undue reliance on forward-looking statements. Additional information identifying
risks and uncertainties that could affect financial results is contai ned in the Company’s filings with
Canadian securities regulators, which are available at www.sedar.com.