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TRG.CN ·

Kal Minerals Confirms NAME Change and Split

Corporate Actions

TARACHI GOLD CORP.

(FORMERLY KAL MINERALS CORP.)

Suite 907, 1030 West Georgia Street

Vancouver, BC V6E 2Y3

NEWS RELEASE

KAL MINERALS CONFIRMS NAME CHANGE AND SPLIT

Vancouver, BC , April 7 , 20 20 – Tarachi Gold Corp. (formerly Kal Minerals Corp.) (the “Company”) (CSE: KAL)

announces that, further to its news release dated April 6, 2020, it has completed the name change from “Kal Minerals Corp.”

to “Tarachi Gold Corp.”. In connection with the name change, th e Company’s trading symbol will change to “TRG” and

the common shares will commence trading on the Canadian Securities Exchange under the new name effective at the

opening of trading on April 8, 2020. The new CUSIP for the Company’s common shares is 89609L 105 and the new ISIN

number is CA87609L1058.

The Company further announces that its common shares will be subdivided on the basis of two (2) new shares for each one

(1) old share (the “Stock Split”) applicable to shareholders of record as of the close of business on April 9, 2020 (the “Record

Date”). The Company’s common shares will begin trading on a split -adjusted basis effective at the opening of trading on

April 8, 2020. After giving effect to the Stock Split, the Company will have approximately 18,966,000 common shares

outstanding. Outstanding stock options and share purchase warrants will also be adjusted by the Stock Split ratio and the

respective exercise prices of outstanding stock options and share purchase warrants will be adjusted accordingly.

Shareholders do not need to take any action with respect to the Stock Split. The Stock Split is being conducted on a push-

out basis, therefore the Company’s transfer agent will send shareholders of record as of the close of business on the Record

Date a DRS advice letter or share certificate representing the additional number of common shares to be received as a result

of the Stock Split.

About Kal Minerals Corp.

The Company has entered into an option agreement whereby the Company has the right to acquire a 100% interest in the

group of mining concessions known as the Tarachi project located in the Sierra Madre Gold Belt of Eastern Sonora, Mexico.

ON BEHALF OF THE BOARD OF DIRECTORS

“Martin Bajic”

Martin Bajic

Chief Financial Officer and Director

For further information, please contact Martin Bajic at 604-551-6770.

The Canadian Securities Exchange has not approved nor disapproved the contents of this news release.