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SUI.V ·

(“Superior Mining ” or the “Company”) (TSX-V: SUI.H) announces it intends to settle up to $300,000 of debt through the issuance of up to 1,333,333 shares at $0.225 per share. This proposed debt settlement is being undertaken in conjunction with the Company’s acquisition

Share Capital & Compensation

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NEWS RELEASE

Vancouver, British Columbia – June 17, 2020 – Superior Mining International Corp.

(“Superior Mining ” or the “Company”) (TSX-V: SUI.H) announces it intends to settle up to

$300,000 of debt through the issuance of up to 1,333,333 shares at $0.225 per share.

This proposed debt settlement is being undertaken in conjunction with the Company’s acquisition

of an interest in the Jumping Moose property (news release of December 13, 2019), the

Company’s $500,000 private placement (news release of May 12, 2020), and the Company’s

application to move from the NEX to Tier 2 on the TSXV.

ON BEHALF OF THE BOARD

“Brent Butler”

_________________________

Chief Executive Officer and Director

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

of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the content of this

news release.

No securities regulatory authority has either approved or disapproved of the contents of this news release.

The securities being offered have not been, and will not be, registered under the United States Securities

Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and may not be offered or

sold in the United States, or to, or for the account or benefit of, a "U.S. person" (as defined in Regulation S

of the U.S. Securities Act) unless pursuant to an exemption therefrom. This press release is for information

purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of the

Company in any jurisdiction.

Superior Mining International Corp.

646-661-0409