Pivit Announces Strategic Review

LC111435-3

Suite 1240, 789 West Pender Street

Vancouver, British Columbia V6C 1H2

PIVIT ANNOUNCES STRATEGIC REVIEW

Vancouver, British Columbia, May 1 4th, 2019 - Pivit Exploration Inc. (CSE: PIVT)

(FWB:P11)(the "Company" or "Pivit") advises that it intends to conduct an immediate strategic review with

the objective to maximize value on behalf of shareholders of the Company’s publicly-traded business (the

“Strategic Review”).

Among other possibilities, the Strategic Review will examine potential opportunities in the cannabis,

CBD/hemp and mining sectors.

The Corporation cautions that this Strategic Review does represent any declaration concerning a change

of business. In addition, the Strategic Review may not result in any change to the operations or existing

nature of the Company as a mining entity . Furthermore, the Company advises that it has not signed any

binding or non -binding agreements of any nature nor entered into any formal discussions regarding a

potential transaction.

The Corporation advises that it may engage external advisors with respect to the Strategic Review and looks

forward to updating shareholders as the Strategic Review progresses.

On Behalf of the Board of Directors

Michael England

Chief Executive Officer, President and Director

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

accepts responsibility for the adequacy or accuracy of this release.