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Imperial Stock Options Plan Approval

Share Capital & Compensation

NEWS RELEASE

Imperial Stock Options Plan Approval

MONTRÉAL, QU ÉBEC – November 20, 20 20 – Imperial Mining Group Ltd. ("Imperial" or the

“Corporation”) (TSX VENTURE: IPG ) announces that it has updated i ts stock option plan from a fix

stock options plan under which 3,366,985 common shares were reserved for issuance of as much options

to a 10 % rolling stock options plan . This modification follow s the appro val of the Imperial ’s

shareholders at their annual and special meeting held on March 11, 2020 and is subject to the final

approval by the TSX Venture Exchange.

ABOUT IMPERIAL MINING GROUP LTD.

Imperial is a Ca nadian mineral exploration and development company focussed on the advancement of

its copper-zinc, gold and technology metals properties in Qué bec. Imperial is publicly listed on the TSX

Venture Exchange as “IPG” and is led by an experienced team of minera l exploration and development

professionals with a strong track record of mineral deposit discovery in numerous metal commodities.

For further information please contact:

Peter J. Cashin

President and Chief Executive Officer

Tel: +1 (514) 360-0571

Email: [email protected]

URL: www.imperialmgp.com

Website: www.imperialmgp.com ; Twitter: @imperial_mining ; Facebook: Imperial Mining Group

Neither 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.