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SALT.V ·

Rowland Howe Appointed President of Red Moon

Management Changes

TSXV: RMK

333 Duckworth Street, St. John's

NL, A1C 1G9

Telephone: (709) 754-3186

Fax: (709) 754-3946

RedMoonResources.com

[email protected]

Rowland Howe Appointed President of Red Moon

St. John’s , Newfoundland and Labrador , April 1 6, 2021 - Red Moon Resources Inc. (the

“Company” or “Red Moon” - TSXV: RMK) announces that Mr. Rowland Howe has been

appointed President of the Company, effective immediately, with Mr. Howe focusing on guiding the

Great Atlantic Salt Project through a n exciting transformative period for this asset and the North

American salt market in general.

Mr. Howe is highly regarded in the global salt industry and was manager at Compass Minerals’ (NYSE:

CMP) Goderich mine in southern Ontario from 1996 to 2010 as that operation grew into the largest

underground salt mine in the world. He continued with Compass for another six years in a strategic

engineering role, delivering key projects across the company’s divisions, before retiring in 2016.

Mr. Patrick Laracy, Red Moon CEO, commented: “We are thrilled to have Rowland greatly expand his

role with Red Moon. His credentials in the salt industry are impeccable. He’s also an energetic leader.

With Rowland’s expertise, the Great Atlantic Salt Project is in the best of hands at a time when so

many factors are aligned to turn this large resource into a state -of-the-art and environmentally

friendly ‘salt factory’.”

Mr. Howe stated, “I’m grateful for this new opportunity to guide a very advantaged asset through

the feasibility stage into potential production and working with Patrick and the talented team he has

assembled. There are multiple reasons to view Great Atlantic as the premier undeveloped North

American salt resource – the homogeneous nature of the deposit, the high grades, shallowness,

potential scalability, and of course its proximity to existing infrastructure which is critical for a low -

cost operation. North America remains a significant net importer of road de-icing salt, our primary

target market, but we see opportunities in other verticals as well.”

“We are entering a dynamic new period for Red Moon. Shareholders can expect a lot of company

activity in the weeks and months ahead, providing steady news flow,” Mr. Howe concluded.

Mr. Howe began his 35 -year mining career in the United Kingdom. He moved to Canada in 1995 to

manage the mine at Goderich after serving with Imperial Chemical Industries at their salt mine in the

UK. Since his retirement from Compass in 2016, he has continued in his role as President of the

Goderich Port Management Corporation while also acting as an independent consultant, offering

strategic and leadership services.

Mr. Howe has been granted 500,000 Company stock options, exercisable at $0.50 for a period of five

years.

Video Clip – Rowland Howe

To view a video clip from newly -appointed Red Moon President Rowland Howe, please click on the

following link:

https://redmoonresources.com/logistics/#SaltFactory

Great Atlantic Salt Project Map

We seek Safe Harbor.

About Red Moon Resources

Red Moon Resources Inc. is an emerging commodities leader in Atlantic Canada, focused on

Newfoundland and Labrador, with 100% ownership of the Great Atlantic salt deposit in addition to a

producing gypsum mine and an early-stage nepheline discovery.

For information, please contact:

Patrick J. Laracy,

CEO

(709) 754-3186

[email protected]

RedMoonResources.com

Not for release in the United States or to U.S. newswire services

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this

release. This release may contain certain forward -looking statements. Actual events or results may differ from the

Company’s expectations. Certain risk factors beyond the Company’s control may affect the actual results achieved.

Accordingly, readers are advised not to place undue reliance on forward -looking information. Except by law, the

Company undertakes no obligation to publicly update or revise forward-looking information.