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TMIN.CN ·

1111 Exploration Corp. Announces Stock Option Grant

Share Capital & Compensation

Date: October 8, 2021

News Release: 21-02

Not for dissemination in the United States or through U.S. newswires

1111 Exploration Corp. Announces Stock Option Grant

VANCOUVER, BC – 1111 Exploration Corp. (the “Company”) (CSE:ELVN) announces that it has granted certain

directors, officers and consultants 1,125,000 stock options each with an exercise price of $0.10. The stock options

will expire on October 7, 2026 and will vest immediately.

About 1111 Exploration Corp.: 1111 Exploration Corp. is a Canadian mineral exploration company focused on

creating shareholder value through Exploration, acquisition, and development of mineral projects.

On behalf of the Board of Directors

Scott Young

Director

For further information, please call:

Scott Young

604-377-5781

[email protected]

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

This news release may include forward -looking statements that are subject to risks and uncertainties. All statements within,

other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations

expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of

future performance and actual results or developments may differ materially from those in forward-looking statements. Factors

that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation

and exploration successes, continued availability of capital and financing, and general economic, market or business

conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely

on their own evaluation of such uncertainties. We do not assume any obligation to update any forward -looking statements

except as required under the applicable laws.