Barolo Ventures Announces New Director

LEGAL*46529738.1

BAROLO VENTURES CORP.

1600 - 609 Granville Street

Vancouver, B.C. V7Y 1C3

(778) 331-8505

BAROLO VENTURES ANNOUNCES NEW DIRECTOR

Vancouver, British Columbia, Canada – June 17, 2020 – Barolo Ventures Corp. (TSX-V: BVC.H) (the

“Company”), announces that Rick Cox has been appointed as a director of the Company, and Scott

Ackerman has been appointed as Chief Financial Officer, replacing Doug McFaul who has resigned as Chief

Financial Officer and a director of the Company.

The Company wishes to thank Mr. McFaul for his service to the Company.

For further information, please contact Scott Ackerman at [email protected] or

778.331.8505.

On behalf of the Board,

Barolo Ventures Corp.

Scott Ackerman, Director

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange)

accepts responsibility for the adequacy or accuracy of this release.

This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of

historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements

are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developme nts may differ

materially from those in forward -looking statements. Factors that could cause actual results to differ materially from those in forward -looking

statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. There can

be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties.

We do not assume any obligation to update any forward-looking statements.