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SGU.V ·

Annual General and Special Shareholders Meeting Update

Shareholder Meetings

15871149.3

TSXV-SGU OTCQB-SGGTF FSE-3S3

366 BAY STREET, SUITE 200, TORONTO, ONTARIO M5H 4B2

www.signatureresources.ca

SIGNATURE RESOURCES LTD.

ANNUAL GENERAL AND SPECIAL SHAREHOLDERS MEETING UPDATE

Toronto, Ontario, February 24, 2021. Signature Resources Ltd. (TSXV: SGU, OTCQB: SGGTF, FSE 3S3) ("Signature" or

the "Company"), announces that due to the restricti ons and guidelines on public gatherings, including the stay-at-

home order extended this past Friday by the Ontario government, the Company will be hosting its annual general

and special meeting of shareholders (the “ Meeting ”) this coming Monday, March 1, 2021 at 1:00 p.m. virtually. Any

shareholder who wishes to attend the Meeting may on ly attend virtually by video conference using the f ollowing

Zoom link: https://zoom.us/j/98384121870?pwd=elJFVHhDbTVGSkIrb1JRcVFwMXh sZz09 (Meeting ID : 983 8412

1870, Passcode: 084827).

All shareholders who are eligible to vote at the Me eting are strongly encouraged to vote by proxy in a dvance of

the Meeting. All proxies must be received by the Company’s tran sfer agent, TSX Trust Company, by 1:00 p.m.

(Toronto time) on February 25, 2021. Registered sharehol ders may send their form of proxy via fax: (416) 595-9593

or by email at [email protected] or vote online at: www.voteproxyonline.com .

About Signature

The Lingman Lake gold property consists of 622 staked claims, four free hold full patented claims and 14 mineral

rights patented claims totaling approximately 12,148 hectares. The property hosts an historical estimate of 234,684

oz of gold* (1,063,904 tonnes grading 6.86 g/t with 2.73 gpt cut-off) and includes what has historically been referred

to as the Lingman Lake Gold Mine, an underground su bstructure consisting of a 126.5-meter shaft, and 3-lev els at

46-meters, 84-meters and 122-meters depths.

*This historical resource estimate is based on prio r data and reports obtained and prepared by previou s operators,

and information provided by governmental authorities. A Qualified Person has not done sufficient work to verify the

classification of the mineral resource estimates in accordance with current CIM categories. The Compan y is not

treating the historical estimate as a current NI 43- 101 mineral resource estimate. Establishing a current mineral

resource estimate on the Lingman Lake deposit will require further evaluation, which the Company and i ts

consultants intend to complete in due course. Addit ional information regarding historical resource est imates is

available in the technical report entitled, "Techni cal Report on the Lingman Lake Gold Property" dated January 31,

2020, prepared by John M. Siriunas, P.Eng. and Walter Hanych, P.Geo., available on the Company's SEDAR profile at

www.sedar.com

To find out more about Signature Resources Limited, visit our website at www.signatureresources.ca , o r contact:

Jonathan Held

Chief Financial Officer

416-270-9566

Cautionary Notes

Neither TSX Venture Exchange nor its Regulation Ser vices Provider (as that term is defined in the poli cies of the TSX

Venture Exchange) accepts responsibility for the ad equacy or accuracy of this news release.