Hybrid Minerals Announces Effective Date of Consolidation

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NEWS RELEASE

Hybrid Minerals Announces Effective Date of Consolidation

Vancouver, British Columbia – November 10, 2020 – Hybrid Minerals Inc. (TSX-V: HZ) (Frankfurt: HM4)

(“Hybrid” or the “ Company”) is pleased to announce that it proceeding with the planned share

consolidation of one (1) post -consolidation share for every three (3 ) pre -consolidation shares, as

announced on October 27, 2020.

Effective at the opening on Thursday, November 12, 2020, the shares of the Company will commence

trading on the TSX Venture Exchange on a consolidated basis . The name and symbol of the Company

shall remain the same.

Post-Consolidation Capitalization: Unlimited shares with no par value of which approximately

31,060,000 shares are issued and outstanding.

Transfer Agent: Computershare Investor Services Inc.

Trading Symbol: HZ (unchanged)

CUSIP Number: 44861F201 (new)

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 will 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 Canadian securities regulatory authorities

by the Company.