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RXM.CN ·

Rockex Mining announces delay in filing under Covid-19 Duress

Mine Development & Operations Listings & Exchange Regulatory & Compliance

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S NEWSWIRE SERVICES

ROCKEX MINING ANNOUNCES DELAY IN FILING UNDER COVID-19 DURESS

April 21, 2020 – Thunder Bay, Ontario - Rockex Mining Corporation (“Rockex” or the “Corporation”) (CSE:

RXM) announces that due to circumstances created by the COVID -19 pandemic, the Ontario Securities

Commission and other members of the Canadian Securities Administrators granted “Issuers” in the

Canadian sec urities industry up to an additional 45 days, to complete year -end statutory filings (the

“Extension”). The Company does not believe that it will be able to file its December 31, 2019 audited annual

financial statements by its usual 120- day deadline of Apr il 29, 2020, and w ill be relying on the E xtension.

Accordingly, as required by the conditions of the Extension, the Company’s management and other insiders

will be subject to a trading black -out that reflects the principles in Section 9 of National Policy 11- 207 until

its financial statements are filed, which will be by June 13, 2020. Other than as previously disclosed by the

Company in news releases, including the information herein, there are no other material business

developments since the date of the C ompany’s most recent filing of its interim financial statements and

management discussion and analysis for its Q3 ended September 30, 2019. The Company will be providing

an update news release on the status of filing its December 31, 2019 audited financial statements by May

29, 2020.

About Rockex

Rockex is a Canadian exploration company focused on developing high quality iron ore assets strategically

located in areas largely under-explored, and that host significant mineral potential. Its core asset is the Lake

St. Joseph Project which includes the Eagle Island Deposit, as well as additional potential deposits at Wolf

Island and Fish Island.

For further information, please refer to the Corporation’s profile on SEDAR which may be accessed at

www.sedar.com, and visit our website at www.rockexmining.com.

Contacts:

Pierre Gagné, Chief Executive Officer of Rockex

Phone: (807) 623-2626

Email address: [email protected]

Cautionary Statements

This news release contains forward-looking information. All information, other than statements of historical

fact, that address activities, events or developments that Rockex believes, expects or anticipates will or

may occur in the future are forward-looking statements, including statements regarding the completion and

filing of its financial statements . This forward- looking information is subject to a variety of risks and

uncertainties beyond Rockex’s ability to control or predict and which may cause actual events or results to

differ materially from those described in such forward-looking information. Any forward-looking information

speaks only as of the date on which it is made and, except as may be required by applicable securities

laws, Rockex disclaims any intent or obligation to update any forward- looking information, whether as a

result of new information, future events or results or otherwise. Although Rockex believes that the

assumptions inherent in the forward-looking information are reasonable, forward-looking information is not

a guarantee of future performance and, accordingly, undue reliance should not be placed on this forward-

looking information due to the inherent uncertainty thereof.

Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the

adequacy or accuracy of this release.

ROCKEX MINING CORPORATION

CSE: RXM