WEC.V · 2021-05-27 12:00:00

SRHI Inc Files Amended NI 43-101 Technical Report on its Minera Tres Valles Copper Project

Resource Estimates Technical Reports (NI 43-101)

FOR IMMEDIATE RELEASE

TORONTO, May 27, 2021 (TSXV: SRHI) - SRHI Inc. ("SRHI" or the " Company”) announces that it has filed a revised

and amended technical report (the “MTV Amended Technical Report”) on its 70% owned Minera Tres Valles Copper

Project (“MTV” or the “Project”) prepared in accordance with National Instrument 43-101 (“NI 43-101”). The MTV

Amended Technical Report withdraws the Preliminary Economic Assessment (“PEA”) portions of its previously filed

technical report (the “MTV Technical Report”).

In a press release dated April 12, 2021, the Company noted that the s taff of the Ontario Securities Commission

(“OSC”) advised the Company that each of the F easibility Study (“FS”), Pre-feasibility Study (“PFS”) and the PEA

included in the MTV Technical Report, on their own, are valid and acceptable studies under NI-43-101 – Standards

of Disclosure for Mineral Projects (“NI-43-101”). However, staff of the OSC had concerns with the presentation of

these studies in the MTV Technical Report because they each include development plans in respect of some of the

same mineralized material. In the opinion of staff of the OSC, concurrent, mutually exclusive mine development

plans cannot be disclosed together as they each cannot simultaneously be implemented or, in other words, the plans

are inconsistent with each other. This incompatibility of presenting two alternative development options does not

invalidate the PEA study that presented an alternative development option for the total of all nine identified mineral

deposits of Papomono and Don Gabriel.

The references to the development and production at a PFS and FS level of the Papomono Masivo and Don Gabriel

Mantos deposits continue to be valid.

About SRHI Inc.

SRHI, headquartered in Toronto, Ontario, Canada is focused on growing copper production from, and further

exploration of, its primary asset, MTV. Located in Salamanca, Chile, MTV is 70% owned by the Company and MTV's

main assets are the Minera Tres Valles mining complex and its 46,000 hectares of exploratory lands. For more

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

For further information:

Michael Staresinic

President and Chief Financial Officer

T: (416) 943-7107

Renmark Financial Communications Inc.

T: (416) 644-2020 or (212) 812-7680

www.renmarkfinancial.com

Source: SRHI Inc.

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TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.