Minkap Announces Appointment of New Director

MINKAP RESOURCES INC.

133 Richmond Street West, Suite 501, Toronto, ON M5H 2L3 Canada TSXV: KAP

MINKAP ANNOUNCES APPOINTMENT OF NEW DIRECTOR

Toronto, Ontario, June 22, 2020 – MinKap Resources Inc. (TSX-V:KAP) (the “Company”) is pleased

to announce the appointment of Mr. Jon Bey to the board of directors of the Company, to take effect

immediately. Mr. Bey is the current President, CEO and Chair of Standard Uranium Ltd., the CEO and

Director of Maz Mining Corp., and the President, CEO, and Director of Steel Rose Communications Ltd.

and Steel Rose Capital Ltd. He has 15 years of capital markets experience and has been a board member

and served on several management teams in multiple sectors globally, including mining, oil and gas,

technology, and cannabis.

On behalf of the Board of Directors

MinKap Resources Inc.

Jonathan Armes

President & CEO

Phone 1 (416) 708-0243

Neither the 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 press release.

This press release contains forward-looking statements within the meaning of applicable Canadian and U.S. securities laws and

regulations, including statements regarding the future activities of the Company. Forward looking statements reflect the current

beliefs and expectations of management and are identified by the use of words including “will”, “anticipates”, “expected to”,

“plans”, “planned” and other similar words. Actual results may differ significantly. The achievement of the results expressed in

forward-looking statements is subject to a number of risks, including those described in the Company’s management discussion

and analysis as filed with the Canadian securities regulatory authorities which are available at www.sedar.com. Investors ar e

cautioned not to place undue reliance upon forward-looking statements.