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KIP.V ·

Aldever Resources Inc. Announces NAME Change and Share Consolidation

Corporate Actions

ALDEVER RESOURCES INC. 2200 HSBC Building – 885 West Georgia St, Vancouver, BC, V6C 3E8 www.aldever.com

ALDEVER RESOURCES INC. ANNOUNCES NAME CHANGE AND

SHARE CONSOLIDATION

February 10, 20 20 – Aldever Res ources Inc . (TSXV.ALD, US OTC: ALDVF and Frankfurt:

17G1) (“Aldever” or the “Company”) is pleased to announce that effective at the open of trading

on February 13, 2020, the consolidated shares of the Company will commence trading on the

TSX Venture Exchange on the basis of 1 (one) new, post-consolidated share for every 2.5 (two

and a half) old, pre-consolidated shares. The Company will also be undergoing a name change

to KIPLIN METALS INC. and will trade under the new stock symbol of “TSX.V:KIP”.

As at February 10, 2020, the Company has 6,479,880 common shares issued and outstanding.

Post-Consolidation, the Company will have approximately 2,591,952 shares issued and

outstanding. An exact number is unavailable due to the rounding down of fractioned shares. The

Company’s new CUSIP number is 497252106 and the new ISIN number is CA4972521062.

Shareholder approval was received at the Company’s Annual General and Special Meeting held

on December 4, 2019. A letter of transmittal will be mailed out to shareholders.

All shareholders with physical certificates in hand will be required to send th eir respective

certificates representing the pre-consolidated common shares to the Company’s transfer agent,

TSX Trust Company (“TSX Trust”), at 200 University Avenue, Suite 300, Toronto, Ontario, M5H

4H1 (by phone: 1 -866-361-0152 ext.205 or by email: TMXE [email protected]). All

shareholders who submit their pre -consolidated share certificate(s) to TSX Trust will receive in

return a new, post-consolidated share certificate(s).

For further information, please contact:

Clive Massey, President

Aldever Resources Inc.

Phone: (604) 622-1199

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Ven ture

Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements included in this announcement, including

statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby

identified as, “forward ‐looking statements”. F orward‐looking statements may be identified by words including “anticipates”,

“believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward ‐looking

statements, including without limi tation those relating t o the Company’s future operations and business prospects, are subject to

certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward ‐looking

statements.