Mako Mining Appoints Market-Maker

LEGAL*50436081.1

June 1st, 2020

PRESS RELEASE - #20-9

TSX-V: MKO; OTCQB: MAKOF

MAKO MINING APPOINTS MARKET-MAKER

Vancouver, British Columbia, June 1, 2020 – Mako Mining Corp. (TSX-V: MKO; OTCQB: MAKOF)

(the "Company" or "Mako") is pleased to announce that it has retained PI Financial Corp. (“PI”) to provide

market making services in accordance with the TSX Venture Exchange policies.

PI will trade the securities of Mako on the TSX Venture Exchang e for the purposes of maintaining an

orderly market. In considerati on of the services provided by PI, the Company will pay PI a monthly cash

fee of C$2,500 plus any applicable taxes for a minimum term of three months and renewable thereafter.

Mako and PI are unrelated and unaffiliated entities. PI will n ot receive shares or options as compensation.

The capital used for market making will be provided by PI.

About Mako

Mako Mining Corp. is a publicly listed gold mining, development and exploration firm. The Company is

developing its high-grade San Albino gold project in Nueva Segovia, Nicaragua. Mako’s primary objective

is to bring San Albino into production quickly and efficiently, while continuing exploration of prospective

targets in Nicaragua.

For further information: Mako Mining Corp., Akiba Leisman, Chie f Executive Officer, Telephone: 203-

862-7059, E-mail: [email protected] or visit our website at www.makominingcorp.com and

SEDAR www.sedar.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as the t erm is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.