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SRC.V ·

Stakeholder Provides VMC

Corporate Updates

FOR IMMEDIATE RELEASE TSX Venture Exchange

September 18, 2020 Symbol: SRC

Shares Outstanding: 6,551,957

Stakeholder Provides VMC Update

Stakeholder Gold Corporation (“ Stakeholder” or the “ Company”) (TSX-V: SRC) announces that the

final draft of the National Instrument 43-101 report pertaining to the blue quartzite quarry project held

by Victoria Mining Corporation (“VMC”) (a whol ly owned subsidiary of the Company) has been

submitted to the TSX Venture Exchange. Travel restrictions due to Covid-19 have contributed to delays

in the site visit required by a report author under NI 43-101.

The absence of an accepted NI 43 -101 compliant technical report has resulted in project exploration

restrictions. Covid-19 transm ission characteristics in Brazil have impacted logistical supports for the

Company’s work initiatives. Stakeholder will continue to provide project updates as progress permits.

For further information please contact:

Stakeholder Gold Corporation

Telephone: (416) 548 - 9749

Forward Looking Information

This news release contains forward -looking information. All information, other than information of historical fact, constitute

“forward-looking statements” and includes any information that addresses activities, events or developments that the

Corporation believes, expects or anticipates will or may occur in the future including the Corporation’s strategy, plans or

future financial or operating performance.

When used in this news release, the words “estimate”, “project”, “anticipate”, “expect”, “intend”, “believe”, “hope”, “may”

and similar expressions, as well as “will”, “shall” and other indications of future tense, are intended to identify forward -

looking information. The forward-looking information is based on current expectations and applies only as of the date on which

they were made. The factors that could cause actual results to differ materially from those indicated in such forward-looking

information include, but are not limited to, the ability of the Corporation to fund the exploration expenditures required

underthe Agreement. Other factors such as uncertainties regarding government regulations could also affect the results.

Other risks may be set out in the Corporation’s annual financial statements, MD&A and other publicly filed documents.

The Corporation cautions that there can be no assurance that forward-looking information will prove to be accurate, as actual

results and future events could differ materially from those anticipated in such information. Accordingly, investors should not

place undue reliance on forward -looking information. Except as required by law, the Corporation does not assume any

obligation to release publicly any revisions to for ward-looking information contained in this press release to reflect events or

circumstances after the date hereof.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.