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SRHI Inc. Announces Grant of Stock Options

Share Capital & Compensation

SRHI Inc. Announces Grant of Stock Options

Toronto, August 12, 2020 –(TSX: SRHI, SRHI.WT) – SRHI Inc. (the “Company” or “SRHI”) today

announced that it has granted, effective August 12, 2020, an aggregate of 2,400,000 stock

options (each an " Option") to directors and an officer of the Company in accordance with the

Company's current stock option plan. Each Option is exercisable into one common share (a

"Share") of the Company at a price equal to the five (5) day volume weighted average trading

price of SRHI on the Toronto Stock Exchange from the date of grant, being today. The options

have a term of ten years. Fifty percent (50%) of the Options will vest on the first anniversary of

the date of the grant, with the remaining fifty percent (50%) of the Options vesting immediately.

About SRHI Inc.

SRHI is a publicly-listed company based in Toronto and its principal operating business is its 70%

equity interest in the producing copper mine Minera Tres Valles in Salamanca, Chile. For more

information about SRHI, please visit www.srhi.ca.

Investor contact information:

Michael Staresinic

President and CFO

(416) 943-7107

[email protected]

Source: SRHI Inc.