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IRV.CN ·

Irving Resources Reports a Letter of Intent with Sumitomo Corporation

Mergers & Acquisitions

IRVING RESOURCES INC.

999 Canada Place, Suite 404

Vancouver, B.C., Canada V6C 3E2

September 5, 2019

NEWS RELEASE

Irving Resources Reports a Letter of Intent with Sumitomo Corporation

Vancouver, British Columbia, September 5, 2019 (Globe Newswire) – Irving Resources Inc. (CSE:IRV)

(“Irving” or the “ Company”) is pleased to report that it has signed a letter of intent with Sumitomo

Corporation to engage in discussions concerning potential business transactions including, but not limited

to, investment in Irving and joint venture of Irving’s assets. Such discussions are inclusive of Newmont

Goldcorp Corporation , an existing large shareholder of Irving . The letter is non -binding. Proposed

discussions might or might not result in a binding agreement, and any binding agreement reached between

the parties will be promptly announced.

“Sumitomo Corporation and Newmont Goldcorp Corporation have established a long -term working

relationship having advanced a number of mining projects beginning with the Batu Hijau mine, Indonesia,

approximately 23 years ago.” Commented Akiko Levinson, President and Director of Irving. “We are very

excited to have an open door to discuss ways Sumitomo Corporation might join Newmont Goldcorp

Corporation to support Irving’s efforts to explore for gold in Japan. ”

About Irving Resources Inc.:

Irving is a junior exploration company with a focus on gold in Japan. Irving also holds, through a subsidiary,

a Project Venture Agreement with Japan Oil, Gas and Metals National Corporation (JOGMEC) for joint

regional exploration programs in Republic of Malawi. JOGMEC is a government organization established

under the law of Japan, administrated by the Ministry of Economy, Trade and Industry of Japan, and is

responsible for stable supply of various resources to Japan through the discovery of sizable economic

deposits of base, precious and rare metals.

Additional information can be found on the Company’s website: www.IRVresources.com.

Akiko Levinson,

President, CEO & Director

For further information, please contact:

Tel: (604) 682 -3234 Toll free: 1 (888) 242 -3234 Fax: (604) 641-1214

[email protected]

THE CSE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS

RELEASE.