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SRHI Inc. Announces Successful Conclusion of TSX Listing Review

Listings & Exchange

SRHI Inc. Announces Successful Conclusion of TSX Listing Review

Toronto, November 26, 2020 – (TSX: SRHI, SRHI.WT) – SRHI Inc. (the “ Company” or “ SRHI”) is

pleased to announce that the Company has received confirmation from the Toronto Stock

Exchange (the “TSX”) that the TSX has completed the review of the eligibility for the Company’s

securities for continued listing on the TSX pursuant to the requirements of the TSX Company

Manual (the “Manual”).

On May 13, 2020, the Company a nnounced that the TSX had notified the Company that it was

reviewing the eligibility of the Company’s securities for continued listing on the TSX pursuant to

the requirements of the Manual.

The TSX has now determined that the Company satisfies the TSX’s applicable requirements for

continued listing of the Company’s securities on the TSX.

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.

Cautionary Statement Regarding Forward-Looking Information

Certain statements in th is news release, contain forward -looking information (collectively

referred to herein as the "Forward -Looking Statements") within the meaning of applicable

Canadian securities laws. The use of any of the words "expect", "anticipate", "continue",

"estimate", "may", "will", "project", "should", "believe", "plans", "intends" and similar

expressions are intended to identify Forward- Looking Statements. In particular, but without

limiting the foregoing, this news release contains Forward-Looking Statements pertaining to the

continued listing of securities of the Company on the TSX into the future.

Although SRHI believes that the Forward- Looking Statements are reasonable, they are not

guarantees of future results, performance or achievements. A number of factors or assumptions

have been used to develop the Forward-Looking Statements, including: that the assumptions for

future ore mined and copper cathode production together with future cash flows, including

future copper prices, operating costs and capital expenditures remain materially accurate; there

being no additional significant disruptions affecting the development and operation of MTV; and

assumptions concerning general marketing, political, business and economic conditions.

Actual results, performance or achievements could vary materially from those expressed or

implied by the Forward-Looking Statements should assumptions underlying the Forward-Looking

Statements prove incorrect or should one or more risks or other factors materialize, including: (i)

risks associated with the mining industry in general (e.g., operational risks in development,

exploration and production; delays or change s in plans with respect to exploration or

development projects or capital expenditures; the uncertainty of estimates and projections

relating to mineral reserves, production, costs and expenses; and labour, health, safety and

environmental risks) and risks associated with the other portfolio companies' industries; (ii) risks

associated with investments in emerging markets; (iii) general economic, market and business

conditions; (iv) the Judicial Reorganization Agreement not being complied with; (v) commodity

price fluctuations and uncer tainties; (v i) risks associated with catastrophic events, manmade

disasters, terrorist attacks, wars and other conflicts, or an outbreak of a public health pandemic

or other public health crises, including COVID -19; (vii) risk that MTV and/or the Company c ease

to be going concerns and the Company’s guarantee of the MTV debt is called and the related

pledge is realized ( viii) those risks disclosed under the heading "Risk Management" in SRHI’s

Management’s Discussion and Analysis for the year ended December 3 1, 2019 and its most

recent interim report of 2020; and (ix) those risks disclosed under the heading "Risk Factors" or

incorporated by reference into SRHI’s Annual Information Form dated March 24, 2020.

The Forward-Looking Statements speak only as of the date hereof, unless otherwise specifically

noted, and SRHI does not assume any obligation to publicly update any Forward -Looking

Statements, whether as a result of new information, future events or otherwise, except as may

be expressly required by applicable Canadian securities laws.

Investor contact information:

Michael Staresinic

President and CFO

(416) 943-7107

[email protected]

Source: SRHI Inc.