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VTT.V ·

Vendetta Announces Non-Brokered Private Placement

Financings

FOR IMMEDIATE RELEASE June 23, 2021

(VTT2021 – NR #06)

Vendetta Announces Non-Brokered Private Placement

Vancouver, BC – June 23, 2021 − Vendetta Mining Corp. (VTT-TSX:V) (“Vendetta” or the

“Company”) is pleased to announce a non-brokered private placement of up to 10,000,000 units (the

“Units”) at a price of $0. 05 per Unit for gross proceeds of $500,000. Each Unit will be comprised of

one common share and one-half of one common share purchase warrant exercisable for three years at a

price of $0.07 per share.

The private placement is subject to the approval of the TSXV and the securities will be subject to a four-

month hold period under s ecurities laws. Net proceeds from the financing will be used to advance the

development of the Pegmont Lead-Zinc project and for general working capital.

Finder’s fees of up to 7% cash or 7% shares may be payable in this private placement.

About Vendetta Mining Corp.

Vendetta Mining Corp. is a Canadian junior exploration company engaged in acquiring, exploring, and

developing mineral properties with an emphasis on lead and zinc. It is currently focused on advancing

the Pegmont Lead Zinc project in Australia. Additional information on the Company can be found at

www.vendettaminingcorp.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Michael Williams”

Michael Williams

President & CEO

604-484-7855

Forward Looking Information

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

This release includes certain statements and information that may be deemed to be “forward‐looking statements”

or “forward looking information” within the meaning of the applicable Canadian Securities laws. All statements

in this release, other than statements of historical facts are forward looking statements or information, including

without limitation, statements or information regarding the use of proceeds of the Private Placement, and other

future events or developments. Forward-looking statements include statements that are predictive in nature, are

reliant on future events or conditions, Forward‐looking statements are often, but not always, identified by the use

of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect”, “may", " will", "project",

"predict", "potential", "targeting”, “intend", "could", "might", "should", "believe” and similar expressions.

These statements involve known and unknown risks, uncertainties and other factors that may cause actual results

or events to differ materially from those anticipated. 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 developme nts may differ materially from those in the forward‐looking

statements.

Factors that could cause actual results to differ materially from those in forward‐looking statements include, but

are not limited to, changes in commodities prices; changes in expecte d mineral production performance;

unexpected increases in capital costs; exploitation and exploration results; continued availability of capital and

financing; differing results and recommendations in the preliminary economic assessment; and general economic,

market or business conditions.

In addition, forward‐looking statements are subject to various risks, including but not limited to operational risk;

political risk; currency risk; capital cost inflation risk; that data is incomplete or inaccurate; the limitations and

assumptions within drilling, engineering and socio‐economic studies relied upon in preparing the PEA; and

receipt of regulatory and other approvals and/or consents in respect of the Offering in particular. There can be

no assurance that the Offering will be completed on their terms or at all.

The reader is referred to the Company’s filings with the Canadian securities regulators for disclosure regarding

these and other risk factors, accessible under the Company's profile at www.sedar.com

There is no certainty that any forward‐looking statement will prove to be accurate and investors should not place

undue reliance upon forward‐looking statements. The Company does not undertake to provide updates to any of

the forward‐looking statements in this release, except as required by law.