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SLV.CN ·

Silver Dollar Hires New Team Member for Investor Relations

Marketing Announcement

FOR IMMEDIATE RELEASE

Silver Dollar Hires New Team Member for Investor

Relations

VANCOUVER, BC – October 1, 2020 – Silver Dollar Resources Inc. (CSE: SLV) (OTCQB:

SLVDF) (“Silver Dollar” or the “Company”) is pleased to announce it has entered into an

investor relations consulting agreement with Mr. Joseph Cullen.

Mr. Cullen’s career has included over five years of public market experience primarily focused on

the resource and technology sectors with an emphasis on investor relations and corporate finance.

His previous experience also includes working for Deloitte and VMWare, as well as co-founding

and managing private ventures in the financial services, enviro nmental consultancy, and

technology sectors.

Mr. Cullen will be paid a monthly fee of $5,000 and will be gra nted incentive stock options to

acquire up to 100,000 common shares of the Company at an exercise price to be determined. The

Agreement may be terminated at any time without charge by either party by giving 30 days’ notice.

“We would like to welcome Joe Cullen to the Silver Dollar team,” said Mike Romanik, President

of Silver Dollar. “We have been fortunate to generate a lot of interest in our young Company and

Joe will be integral to our shareholder communications and inve stor awareness campaigns,

particularly now that we are also trading in the United States on the OTCQB.”

About Silver Dollar Resources Inc.

Silver Dollar Resources Inc. is a mineral exploration company f ocused on creating shareholder

value by finding and developing economic precious and base meta l deposits. Having completed

its initial public offering in May 2020, the Company trades on the CSE under the symbol "SLV"

and on the OTCQB under “SLVDF”. Silver Dollar’s projects are lo cated in two of the prolific

mining jurisdictions in the world and include the advanced exploration and development stage La

Joya Silver Project in Durango, Mexico, and the discovery-stage Pakwash Lake and the

Longlegged Lake properties in the Red Lake Mining District of O ntario, Canada. The Company

has an aggressive growth strategy and is actively reviewing pro jects in mining-friendly

jurisdictions internationally for potential acquisition.

For additional information: contact investor relations, you can download our latest presentation

by clicking here and you can follow us on Twitter by clicking here.

Joseph Cullen,

Investor Relations Manager

Direct line: (778) 919-8615

Email: [email protected]

ON BEHALF OF THE BOARD

Signed “Michael Romanik”

Michael Romanik,

President, CEO & Director

Silver Dollar Resources Inc.

108 - 800 Kelly Road, Suite 416

Victoria, BC, V9B 6J9

Forward-Looking Statements:

This news release may contain “forward-looking statements.” For ward-looking statements involve known and

unknown risks, uncertainties, assumptions and other factors tha t may cause the actual results, performance or

achievements of the Company to be materially different from any future results, performance or achievements

expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of

this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or

obligation to update any forward-looking statement, whether as a result of new information, future events or results

or otherwise.