GRAY ROCK Announces NAME Change

October 6, 2020 TSX-V Trading symbol: GRK

GRAY ROCK ANNOUNCES NAME CHANGE

VANCOUVER, B.C., October 6, 2020: Gray Rock Resources Ltd. (TSX-V: GRK) (“Gray Rock” or the

“Company”) announces that it will change its name to " Silver Wolf Exploration Ltd .", effective

October 8, 2020 to better reflect the Company’s new business focus. The name change has

been accepted by the TSX Venture Exchange and was approved by the Company’s directors.

The new name is significant as it reflects the companies focus on silver as the target metal for

both the Ana Maria and El Laberinto properties that are located in a well known, prolific

carbonate replacement deposit (CRD) district, while also paying homage to the Company’s

original founder and business magnate, the late Lou Wolfin.

“The corporate rebrand to Silver Wolf Exploration Ltd . specifically reflects our history as well as

our goals for the future” said Peter Latta, President. “We know that silver will play a larger role

in the transition to greener technologies and we are excited to contribute to that through

potential resource discovery.”

The Company’s shares will commence trading on the TSX Venture Exchange under the new

name at the opening of tr ading on October 8, 2020 under the new trading symbol “ SWLF”.

There is no consolidation of capital.

For further information please contact Gray Rock Resources Ltd. at ph. (604) 682 -3701, or visit

our website at www.grayrockresources.com

ON BEHALF OF THE BOARD

"David Wolfin"

_________________________________

David Wolfin

Chairman & CEO

Neither TSX Venture Exc hange nor its Regulation Services Provider (as that term is defined in the policies of the T SX Vent ure

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

news release