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Silver Tiger Commences Trading on OTCQX Under the Symbol “SLVTF”

Listings & Exchange

NEWS RELEASE

Silver Tiger Commences Trading on OTCQX

Under the Symbol “SLVTF”

HALIFAX, NOVA SCOTIA – September 22, 2020 – Silver Tiger Metals Inc. (TSXV:SLVR and

OTCQX:SLVTF) (" Silver Tiger " or the “ Corporation”) announces it has qualified to trade on the

OTCQX® Best Market. Silver Tiger Metals Inc. upgraded to OTCQX from the OTCQB® Venture

Market.

The common shares of Silver Tiger now trade on OTCQX under the symbol "SLVTF." U.S. investors

can find current financial disclosure and Real -Time Level 2 quotes for the company

on www.otcmarkets.com.

The OTCQX Market is designed for established, investor -focused U.S. and international companies. T o

qualify for OTCQX, companies must meet high financial standards, follow best practice corporate

governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX

Market from the OTCQB Market marks an important milestone for companies, enabling them to

demonstrate their qualifications and build visibility among U.S. investors.

Silver Tiger CEO, Glenn Jessome states, “ We are very confident that our exploration and development at

our El Tigre project will be of great interest t o silver investors worldwide. We are very pleased to be

trading on the OT CQX which will increase our visi bility and accessibility to our current and prospective

U.S. and global shareholders.”

Silver Tiger also announces that 2,884,612 common share purchase warrants have been recently exercised

for aggregate proceeds of $490,384. The Company is funded for its planned exploration programs with

current cash of approximately $9 million.

About Silver Tiger Metals Inc.

Silver Tiger Metals Inc. is a silver and gold exploration company operating in Mexico. Silver Tiger is

managed by a team of mine finders with extensive experience in exploring and developing large

hydrothermal gold projects in Mexico. Silver Tiger is currently focusing on the El Tigre Property located

in northern Sonora State and released a maiden resource estimate in September 2017.

About the El Tigre Property

The El Tigre Property lies at the northern end of the Sierra Madre gold belt which hosts m any epithermal

gold and silver deposits including Dolores , Santa Elena and Chispas at the northern end . In 1896, gold

was first discovered on the property in the Gold Hill area and mining started with the Brown Shaft in

1903. The focus soon changed to mining high -grade silver veins in the area with much of the production

coming from the El Tigre vein. Underground mining on the El Tigre vein extended 1,450 meters along

strike and mined on 14 levels to a depth of 450 meters. By the time the mine closed in 1938, it is

reported to have produced a total of 353,000 ounces of gold and 67.4 million ounces of silver from 1.87

million tons (Craig, 2012).

Silver Tiger’s district scale El Tigre Property is approximately 35 kilometers long an d comprises 28,414

hectares and includes 25 kilometers of the prolific Sierra Madre trend . The El Tigre gold and silver

deposit is related to a series of high -grade epithermal veins controlled by a north -south trending structure

cutting across the andesitic and rhyolitic tuffs of the Sierra Madre Volcanic Complex within a broad gold

and silver mineralized prophylitic alternation zone. The veins dip steeply to the west and are typically 1

meter wide but locally can be up to 5 meters in width. The veins, stru ctures and mineralized zones

outcrop on surface and have been traced for 5.3 kilometers along strike. Historical mining and

exploration activities focused on a 1.5 kilometer portion of the southern end of the deposits, principally on

the El Tigre, Seitz K elly and Sooy veins. The unexplored Caleigh, Fundadora and Protectora exposed

veins continue north for more than 3 kilometers and will be the target of Silver Tiger’s exploration.

VRIFY Slide Deck and 3D Presentation – Silver Tiger’s El Tigre Project

VRIFY is a platform being used by companies to communicate with investors using 360° virtual tours of

remote mining assets, 3D models and interactive presentations. VRIFY can be accessed by website and

with the VRIFY iOS and Android apps.

Access the Silver Tiger Metals Inc. Company Profile on VRIFY at: https://vrify.com

The VRIFY Slide Deck and 3D Presentation for Silver Tiger Metals Inc. can be viewed at:

https://vrify.com/explore/decks/492 and on the Company’s website at: www.silvertigermetals.com.

For further information, please contact:

Glenn Jessome

President and CEO

902 492 0298

[email protected]

CAUTIONARY STATEMENT:

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.

This News Release includes certain “forward -looking statements”. All statements other than statements of historical fact

included in this release, including, without limitation, statements regarding poten tial mineralization, resources and reserves, the

ability to convert inferred resources to indicated resources, the ability to complete future drilling programs and infill sam pling,

the ability to extend resource blocks, the similarity of mineralization at El Tigre to Delores, Santa Elena and Chispas, exploration

results, and future plans and objectives of Silver Tiger , are forward -looking statements that involve various risks and

uncertainties. Forward -looking statements are frequently characterized by words such as “may”, “is expected to”,

“anticipates”, “estimates”, “intends”, “plans”, “projection”, “could”, “vision” , “goals”, “objective” and “outlook” and other

similar words. Although Silver Tiger believes the expectations expressed in such forward -looking statements are based on

reasonable assumptions, there can be no assurance that such statements will prove to be accurate and actual results and future

events could differ materially from those anticipated in such statements. Important factors that could cause actual results to

differ materially from Silver Tiger’s expectations include risks and uncertainties relate d to exploration, development, operations,

commodity prices and global financial volatility, risk and uncertainties of operating in a foreign jurisdiction as well as additional

risks described from time to time in the filings made by Silver Tiger with securities regulators.