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Plymouth Realty Capital Corp. Extends Filing Deadline for Annual Financial Statements and Related Management Discussion and Analysis

Financials

PLYMOUTH REALTY CAPITAL CORP.

1040 West Georgia Street, Suite 410

Vancouver, British Columbia V6E 4H1

Plymouth Realty Capital Corp. Extends Filing Deadline for Annual Financial Statements and

Related Management Discussion and Analysis

April 24, 2020. Plymouth Realty Capital Corp. (the “Company”) (TSX-V: PH) announces that due to

circumstances created by the COVID -19 pandemic measures the Company will be delaying its annual

financial statements and related management discussion and analysis for the year ended December 31,

2019 until June 12, 2020.

The Company confirms that no material business developments have occurred since filing of the

Company's interim financial statements for the three and nine month period ended September 30, 2019,

and should material business developments occur the Company will update shareholders accordingly.

All Company executives, directors and insiders will be subject to a trading black -out policy that reflects the

principles in section 9 of National Policy 11 -207 Failure-to-File Cease Trade Orders and Revocations in

Multiple Jurisdictions.

The Company is relying on local blank orders issued by the British Columbia, Alberta and Ontario Securities

Commissions, which permit reporting issuers to extend the filing deadlines under securities laws by 45

days.

On behalf of the Board of Directors,

Gunther Roehlig, CEO and Director

For further information please contact:

Plymouth Realty Capital Corp.

1040 West Georgia Street, Suite 410

Vancouver, British Columbia V6E 4H1

T: (604) 617-5421

Forward-Looking Statements

Information set forth in this news release contains forward -looking statements that are based on

assumptions as of the date of this news release. These statements reflect management’s current estimates,

beliefs, intentions and expectations. They are not guarantees of future performance. The Company cautions

that all forward looking statements are inherently uncertain and that actual performance may be affected

by a number of material factors, many of which are beyond the Company’s control. Such factors incl ude,

among other things: risks and uncertainties relating to the Company ’s ability to complete the proposed

private placement financing, limited operating history and the need to comply with environmental and

governmental regulations. Accordingly, actual a nd future events, conditions and results may differ

materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward

looking information. Except as required under applicable securities legislation, The Company undertakes

no obligation to publicly update or revise forward-looking information.

NEITHER 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.