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Inomin Receives King’s Point Payment from Maritime Resources

Corporate Updates

Inomin Mines Inc. 400 Burrard Street, Suite 1130, Vancouver, BC Canada V6C 3A6

www.inominmines.com

NEWS RELEASE

Inomin Receives King’s Point Payment from Maritime Resources

Vancouver, British Columbia, September 23 , 2020 – Inomin Mines Inc. (TSX.V: MINE)

reports the receipt of an annual option payment from Maritime Resources Corp. (TSX.V: MAE)

for Inomin’s King’s Point gold-copper-zinc project in Newfoundland . Inomin received $100,000

cash and 500,000 shares of Maritime as a second year anniversary payment.

Inomin optioned its 100% owned King’s Point project to Maritime in 2018. The option agreement

delivers Inomin cash, share payments and minimum property expenditures from Maritime.

The agreement also provides Inomin a 1% NSR (Net Smelter Royalty) on King’s Point, as well

as all mineral claims and other interests acquired by Maritime within an Area of Interest three

kilometres from the perimeter of the King’s Point project.

Further information on King’s Point is available at www.inominmines.com.

About Inomin Mines

Inomin Mines is engaged in the identification, acquisition and exp loration of mineral properties

especially gold and nickel projects that display strong potential to host significant mineral

resources. Inomin is completing the acquisition of the La Gitana and Pena Blanca gold -silver

properties in Mexico. The company holds a 100% interest in the Beaver -Lynx sulphide nickel

project in south-central British Columbia, and the Fleetwood zinc-copper-gold-silver VMS project

in south -west British Columbia. Inomin also owns 100% of the King’s Point gold -copper-zinc

project in Newfoundland under option to Maritime Resources Corp. (TSX.V MAE). Inomin trades

on the TSX Venture Exchange under th e symbol MINE. For more information visit

www.inominmines.com and follow us on Twitter @InominMines.

On behalf of the Board

John Gomez

President and CEO

For more information please contact:

John Gomez

Tel. 604.566.8703

[email protected]

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.