Deep-South: Correction ON the Number of Shares Issued IN the Private Placement Closing of

Suite 162, 2912 West Broadway, Vancouver, British Columbia, V6K 0E9

Tel : 604-340-0140. E-mail : [email protected]

Web site: http://www.deepsouthresources.com

DEEP-SOUTH: CORRECTION ON THE NUMBER OF SHARES

ISSUED IN THE PRIVATE PLACEMENT CLOSING OF

NOVEMBER 23, 2018

Vancouver, B.C., Canada – March 13, 2019 – Deep-South Resources Inc. ("Deep-

South" or “the Company") (TSX-V: DSM) announces a correction on the number of

units issued on the closing of a private placement on November 23, 2018. The press

release of November 23, 2018 was mentionning the closing of a private placement

totaling $165,000 for the subscription of 1,650,000 units.

The press release of November 23, 2018 should have mentioned that Deep-South

has closed a private placement totaling $166,000 for 1,660,000 units (the “Units”) of

Deep- South, at a subscription price of $0.10 per Unit. Each Unit consist of one (1)

common share and one half (1/2) of one common share purchase warrant

(“Warrant”) of Deep- South. Each full Warrant will entitle the holder thereof to

purchase one (1) Deep-South common share at an exercise price of $0.20 during a

period of thirty-six (36) months from the date of closing of the placement.

About Deep-South Resources Inc.

Deep-South Resources Inc. is a mineral exploration company largely held by

Namibian shareholders and Teck Resources Ltd, which holds about 35% of Deep -

South share capital. Deep-South is actively involved in the acquisition, exploration and

development of major mineral properties. Deep-South currently holds 100% of the

Haib Copper project in Namibia, one of the largest copper porphyry deposits in Africa..

Deep-South’s growth strategy is to focus on the exploration and development of

quality assets, in significant mineralized zones, close to infrastructure, in stable

countries.

This press release contains certain "forward-looking statements," as identified in Deep-

South’s periodic filings with Canadian Securities Regulators that involve a number of risks

and uncertainties. There can be no assurance that such statements will prov e to be

accurate and actual results and future events could differ materially from those anticipated

in such statements. 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.

More information is available by contacting Pierre Léveillé, President & CEO at

+1-819-340-0140 or at: [email protected] or Paradox Public Relations at

+1-514-341-0408.