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Opus One Resources Announces Grant of Stock Options to Directors

Share Capital & Compensation

4710 Saint-Ambroise Street, Suite 308

Montreal, Quebec, H4C 2C7

Tel: (514) 591-3988

[email protected]

NEWS RELEASE

August 14, 2020 Trading Symbol: TSX-V: OOR

OPUS ONE RESOURCES ANNOUNCES GRANT OF STOCK

OPTIONS TO DIRECTORS

MONTREAL, QC - OPUS ONE Resources Inc. (the “Company” or “OPUS ONE”) – (TSX

Venture Exchange: OOR), announces the grant under the Company’s stock option plan

of 4,350,000 stock options to its directors, management team and consultants. The stock

options entitle their holders to purchase the same number of common shares of the

Company at a price of $0.10 per share for a period of 5 years ending on August 12, 2025

(the “Options”).

The Company’s directors were granted 2,350,000 Options, and two consultants of the

Company were granted 2,000,000 Options.

Reminder: Annual and Special General Meeting of Shareholders

1. The Company would also like to remind its shareholders (the “Shareholders”) that

its annual and special general meeting (the “Meeting”) will be held on August 27,

2020 at 1:00 PM, solely by means of remote communication, rather than in person,

at the time and for the purposes set forth in the attached Notice of Meeting

available on SEDAR under the Company’s profile.

Due to the public health impact of the coronavirus disease 2019, also known as COVID -

19, and to mitigate risks to the health and safety of our community, Shareholders,

employees and other stakeholders, the Company is conducti ng a virtual meeting of the

Shareholders of the Company. Shareholders will not be able to attend the Meeting in

person.

Instead, registered shareholders and duly appointed proxyholders can virtually attend,

participate, vote or submit questions at the vir tual Meeting online by registering at the

following link:

https://ca1se.voxco.com/SE/?st=imZLd8veiGiv9jtTiCtdXlTxBpVdRH6pTJE9wdPg%2Fws

%3D.

After registering, you will receive a confirmation email with access instructions. A

Shareholder will not be able t o attend the meeting without first registering on the

link indicated above.

To ensure a smooth process, the Company is asking registered participants to log in by

12:45 p.m. (Montréal time) on August 27, 2020.

About Opus One Resources Inc.

Opus One Resources Inc. is a mining exploration company focused on discovering high

quality gold and base metals deposits within strategically located properties in proven

mining camps, close to existing mines in the Abitibi Greenstone Belt, north -western

Quebec and north-eastern Ontario - one of the most prolific gold mining areas in the world.

Opus One holds assets in Val d'Or, Matagami and Chibougamau areas. Opus controls a

100% interest in the following projects:

• Noyell property (option to earn 100%) is located few kilometers East of Nottaway

Resources Vezza Mine, within the Casa Berardi gold district.

• Vezza Extension and Vezza North are located few kilometers West and North of

Nottaway Resources Vezza Mine;

• Fecteau property (option to earn 100%), located in the Urban -Barry greenstone

belt, east of Osisko Mining’s Windfall Lake deposit, currently one of the most active

exploration area in Canada.

• Bachelor Extension property is adjacent to Bonterra Resources Inc. - Bachelor

Gold Mine;

• Courvillle gold property is located east of Val D’Or;

Neither the 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.

For more information, please contact:

Louis Morin, CEO & Director

T (514) 591-3988

[email protected]

Michael W. Kinley, CPA, CA

President, CFO & Director

T (902) 826-1579

F (902) 826-2550

C (902) 402-0388

[email protected]

Visit Opus One’s website: www.OpusOneResources.com