Riley Resources Announces NAME Change to Riley GOLD and New Symbol “RLYG”

2390 -1055 West Hastings Street

Vancouver, British Columbia

Canada, V6E 2E9

Tel: (604) 443-3831

NR 2020-02

RILEY RESOURCES ANNOUNCES NAME CHANGE TO RILEY GOLD

and NEW SYMBOL “RLYG”

NEWS RELEASE

Vancouver, B.C. October 2, 2020, Riley Resources Corp. (TSX.V: RLY) (“Riley” or the “ Company”)

wishes to announce that it has received the approval from the TSX Venture Exchange (the “Exchange”) to

change the name of the Company from Riley Resources Corp. to Riley Gold Corp. The Company has also

received the approval from the Exchange to change the trading symbol to “RLYG”. Effective at market open

on Tuesday, October 6, 2020 (the “Effective Date”), the Company will begin trading under its new name

and symbol.

As of the Effective Date , the Company’s web site domain will be www.rileygoldcorp.com. Shareholders

are not required to take any action in connection with the change of name and share certificates bearing

the name “Riley Resources Corp.” remain valid and need not be exchanged.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Todd Hilditch

Chief Executive Officer

Tel: (604) 443-3831

Toll free: 1 877 792-6688 Ext 2

Fax: (604) 682-3860

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.