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Meteorite Capital Announces Director Resignation

Management Changes

42521263_2|NATDOCS

METEORITE CAPITAL ANNOUNCES DIRECTOR RESIGNATION

Montreal, October 25, 2019 – Meteorite Capital Inc. (the “Corporation”) (TSX.V: MTR.p) announced

today that Mr. Mitchell Greenspoon has resigned as a director of the Corporation for personal reasons.

The Board thanks Mitch for his guidance and advice during the time he served as a member of the

Corporation’s Board of Directors.

For further information:

Lennie Ryer, Chief Financial Officer

[email protected]

(514) 913-9136