Hybrid Minerals Announces Share Consolidation and Appointment of Corporate Secretary

LEGAL_34897323.1

NEWS RELEASE

Hybrid Minerals Announces Share Consolidation and Appointment of Corporate

Secretary

Vancouver, British Columbia – October 27, 2020 – Hybrid Minerals Inc. (TSX-V: HZ) (Frankfurt: HM4)

(“Hybrid” or the “Company”) announces that it intends to consolidate its share capital on a three (3) old

to one (1) new basis (the “Consolidation”). The Consolidation is subject to receipt of acceptance from

the TSX Venture Exchange (the “TSXV Acceptance”). The Company will continue to trade after the

Consolidation under the name “Hybrid Minerals Inc.”. The Company will disseminate a further news

release upon TSXV Acceptance, which will set out the effective date for the Consolidation.

Additionally, the Company has appointed Ms.Kelly Pladson as Corporate Secretary effective October 27,

2020. Ms. Pladson has over a decade of experience in providing corporate governance and regulatory

compliance services to publicly traded companies listed on the TSX Venture Exchange.

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.