Minfocus Announces Private Placement Financing and New Board Member

MINFOCUS EXPLORATION INC.

MINFOCUS ANNOUNCES PRIVATE PLACEMENT FINANCING AND NEW BOARD MEMBER

June 5, 2020 - Vancouver, B.C., Minfocus Exploration Inc. (TSX.V: MFX) (“Minfocus” or the “Company”)

announces a private placement of up to a total of 5,000,000 units at a price of $0.03 per unit for aggregate

proceeds of $150,000. Each unit will consist of one common share of the Company (a “Share”) and one

share purchase warrant. Each share purchase warrant (a “Warrant”) will entitle the holder to acquire

one common share of the Company at an exercise price of $0.05 for a period of 24 months following the

closing date of the private placement (the “Closing Date”). The proceeds of the private placement will

be used toward general working capital. T he private placement remains subject to the approval of the

TSX Venture Exchange.

The Company also announces that Alicia Milne, a current director of the Company, has been appointed

as President and CEO and that Jody Bellefleur, the Company’s CFO, has been appointed to the Board of

Directors of the Company.

Ms. Milne is a securities compliance consultant providing services to various public companies listed on

the NYSE, TSX and TSX Venture Exchanges. With over 20 years in the legal profession, Ms. Milne has

developed her career as a corporate secretary, compliance officer and corporate consultant as well as an

independent director.

Ms. Bellefleur has been the CFO of the Company since February 2018. Ms. Bellefleur is a CPA, CGA with

over 25 years as a corp orate accountant, accumulating extensive experience as a CFO of several TSXV

mineral exploration companies.

About Minfocus Exploration Corp.

Minfocus is a Canadian company currently advancing a portfolio consisting of one precious metal project

in Nevada, United States and base metal projects including three Mississippi Valley-type zinc projects in

British Columbia and Newfoundland. Minfocus has a suc cessful management group with a record of

multiple discoveries of deposits worldwide.

FOR FURTHER INFORMATION PLEASE CONTACT:

Alicia Milne

President and Director

Telephone: 1 (604) 808-5282

E-mail: [email protected]

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 release.