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VTT.V ·

Vendetta Issues Shares in Debt Settlement

Share Capital & Compensation

FOR IMMEDIATE RELEASE June 9, 2021

(VTT2021 – NR #5)

Vendetta Issues Shares in Debt Settlement

Vancouver, BC – June 9, 2021 − Vendetta Mining Corp. (VTT-TSX:V) (“ Vendetta” or the

“Company”) announces that the Company has closed a shares for debt transaction pursuant to the terms

of a debt settlement agreement entered into with an arms’ length creditor of the Company as previously

announced on January 5, 2021. Pursuant to the transaction, the Company settled aggregate debt of

$44,625 through the issuance of 686,538 common shares in the capital of the Company (“ Common

Shares”) at a price of $0.065 per Common Share . The debt settlement has been approved by the TSX

Venture Exchange (the “Exchange”).

The Exchange has additionally approved a further issuance of 927,786 units to another arms’ length

creditor of the Company to settle debt in the amount of $55,667, with each such unit comprised of one

Common Share and one-half of one Common Share purchase warrant, The Company anticipates closing

this additional debt settlement in the next several weeks. For additional details regarding the units and

terms of the underlying warrants, please refer to the Company’s news release dated January 5, 2021.

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 advanc ing

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

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

Certain disclosure in this release, including statements regarding the proposed debt settl ement, may constitute

"forward-looking information" within the meaning of Canadian securities legislation. In making the forward -

looking statements in this release, the Company has applied certain factors and assumptions that the Company

believes are reasonable, including the anticipated timing of closing the additional the debt settlement. However,

the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that

may cause future results to differ materially from those expressed or implied in such forward-looking statements.

Such uncertainties and risks in clude, among others, delays in completing the additional debt settlement and

changes in the Company’s plans. There can be no assurance that such statements will prove to be accurate, and

actual results and future events could differ materially from those anticipated in such statements. Readers are

cautioned not to place undue reliance on forward -looking statements. The Company does not intend, and

expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a

result of new information, future events or otherwise, except as required by law