Silver Dollar Receives DTC Eligibility Approval

FOR IMMEDIATE RELEASE

Silver Dollar Receives DTC Eligibility Approval

DTC eligibility simplifies the process of trading and transferring the Company's

common shares between brokerages in the United States

VANCOUVER, BC – February 1, 2021 – Silver Dollar Resources Inc. (CSE: SLV) (OTCQB:

SLVDF) (“Silver Dollar” or the “Company”) is pleased to announce that its common shares are

now eligible for settlement through the Depository Trust Compan y (“DTC”), a subsidiary of the

Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly-

traded companies in the United States.

Silver Dollar’s common shares are now fully DTC eligible and will continue to trade in the United

States under the ticker symbol “ SLVDF” on the OTCQB Venture Market. Through an electronic

method of clearing securities, DTC eligibility reduces costs and accelerates the settlement process

for investors and brokers allowing the Company’s common shares to be traded over a much wider

selection of brokerage firms by coming into compliance with their requirements.

“DTC eligibility is an important step in the maturity of Silver Dollar and our ongoing efforts to

present the Company to a broader audience of potential investor s,” said Mike Romanik president

of Silver Dollar. “Our common shares are now more accessible to retail and institutional investors

in one of the largest markets in the world, and all our shareholders should benefit from the expected

increase in trading liquidity.”

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 metal deposits. Having completed its

initial public offering in May 2020, the Company trades on the Canadian Securities Exchange under

the symbol "SLV" and on the OTCQB under “SLVDF”. Silver Dollar’s projects are located in two

of the prolific mining jurisdic tions in the world and include t he advanced exploration and

development stage La Joya Silver Project in Durango, Mexico, an d the discovery-stage Pakwash

Lake and the Longlegged Lake properties in the Red Lake Mining District of Ontario, Canada. The

Company has an aggressive growth strategy and is actively revie wing projects 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.

Suite 108 - 800 Kelly Road, Suite 416

Victoria, BC, V9B 6J9

Forward-Looking Statements:

This news release may contain “forward-looking statements” that involve known and unknown risks, uncertainties,

assumptions and other factors that 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.