Hybrid Minerals Announces Change of Officers, AGM Results

NEWS RELEASE

Hybrid Minerals Announces Change of Officers, AGM Results

Vancouver, British Columbia – December 3, 2020 – Hybrid Minerals Inc. (TSX -V: HZ) (Frankfurt: HM4)

(“Hybrid” or the “ Company”) is pleased to announce the appointment of Mr. Dong Shim as Chief

Financial Officer of the Company, effective immediately.

Mr. Shim has led a successful accounting and finance career in both the US and Canada. He brings a

wealth of knowledge to the team with his expertise in auditing publicly- traded junior mining companies

and high-tech industries. Member of the Chartered Professional Accountants of British Columbia and a

Certified Public Accountant registered in the State of Illinois, United States. Audit partner on numerous

audit engagements for various p ublicly traded companies, primarily focusing on junior mining, oil and

gas, pharmaceutical, and high -tech industries. Mr. Shim also assisted various start -up companies in

achieving public listings on the TSX Venture Exchange, Canadian Securities Exchange a nd the OTC

Market.

Further, the Company announces the results of its 2020 Annual General and Special Meeting (“AGSM”)

of shareholders held this morning, December 3, 2020.

Shareholders approved all the resolutions detailed in the management information circular of the

Company, namely:

• Fixing the number of the Board of Directors at four (4) and electing all of management’s

nominees, namely Drew Zimmerman, Ralf Hillebrand, Ken Ralfs and Jay Martin. James Corrigan

did not stand for re-election;

• Re-appointing Saturna Group Chartered Professional Accountants LLP as auditor of the

Company for the ensuing year and authorizing the directors to fix their remuneration;

• Approving the Company’s stock option plan for the ensuing year in accordance with the

policies of the TSX Venture Exchange; and

• Confirming and ratifying the Company’s Advance Notice Policy, as filed on Sedar on November

3, 2020.

On Behalf of the Board

“Drew Zimmerman”

Drew Zimmerman

Chief Executive Officer

Neither the 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.

Except for historical information contained herein, this news release contains forward -looking statements that

involve risks and uncertainties. Actual results may differ materially. Except as required pursuant to applicable

securities laws, the Company wil l not update these forward -looking statements to reflect events or

circumstances after the date hereof. More detailed information about potential factors that could affect financial

results is included in the documents filed from time to time with the Cana dian securities regulatory authorities

by the Company.