This Press Release Replaces the Press Release Issued on January 28, 2020 at 9:30pm ET and Includes the Cautionary Language Concerning Forward-Looking Statements

MIAMI, FL / ACCESSWIRE / January 29, 2020 / Hemp Naturals, Inc. (OTC PINK:HPMM) purchases new order of premium CBD gummies from leading retailer Proleve. This order will have improved packaging and design to further enhance the branding.

To date, HPMM has received fantastic feedback from its customers on the CBD products it currently offers, and after a very successful promotional phase, the company is heading into 2020 with a dedicated focus on generating more revenue.

We are committed to quality and service, and so are our vendors. Hemp Naturals Inc's vision for 2020 will be to continue that commitment as we start putting a heavier focus on growing revenues and growing our business throughout the state of Florida.

Proleve adheres strictly to a standard of excellence in every product it offers. Its full line of gummies, topicals, tinctures, vapes, and pet products are all made from ingredients sourced entirely from American farmers and growers, who in turn are also committed to organic, all-natural practices. Proleve's catalog is one of the few in Florida that offers such a high volume of organic products that are all-natural and lab-tested for ensuring absolute purity and consistency.

This is a very exciting time for CBD companies to begin exploring new ways to improve the lives of those in our communities at Hemp Naturals says. We are experiencing the start of a new age in this country, when people's access to an improved quality of life is going to change dramatically through everyday products, and we are blessed and thrilled to help carry Florida into that future.

Cautionary Language Concerning Forward-Looking Statements:

This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential," and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Hemp Naturals products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in Hemp Naturals filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting Hemp Naturals please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. Hemp Naturals undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT:

Levi Jacobson
Hempofnaturals@gmail.com

SOURCE: Hemp Naturals Inc.

ReleaseID: 574472

Order represents first entry into large new retail channel

SAN CLEMENTE, CA / ACCESSWIRE / January 29, 2020 / Original Sprout, a wholly owned subsidiary of Concierge Technologies, Inc. (OTCQB:CNCG), today announced that its new Worry Free line of 100% vegan, non-toxic, family-oriented specialty products is now being sold through an exclusive relationship with a prominent nationwide retailer beginning with approximately 215 locations, to be followed by a planned ramp-up to more than 1,500 locations within the coming year.

For more information on where to purchase Worry Free products, which include shampoo, conditioner, leave-in treatment, hair oil, and a restoring mist, please visit https://originalsprout.com/pages/worry-free.

"The brand was developed expressly for retail distribution, while at the same time retaining our focus as a clean, dermatologist-tested, safe, effective, hypo-allergenic product collection, hence the name, ‘Worry Free,'" said Michael Ambacher, Original Sprout's General Manager and Chief Operating Officer. "It was our objective to provide families with an affordable, high quality line of hair care products that mirrors our long-established practice of formulating products made from a wonderful balance of natural extracts and oils, without all the harmful ingredients found in competing products.

"As with other products manufactured by Original Sprout, each Worry Free product went through stringent ‘patch' testing. Each of the tests resulted in the best possible score, ‘zero,' meaning that all of the products tested showed to be 100% safe, with no sign of skin irritations," Ambacher said.

"Since acquiring Original Sprout two years ago, our entry and transition to nationwide retail distribution has been at the forefront of our corporate growth initiatives. Moreover, we are delighted that Worry Free has been selected as an exclusive hair care collection, also affirming our retail partner's penchant for providing high quality products to its customers at affordable prices," added Nicholas Gerber, Concierge Technologies' Chairman and Chief Executive Officer.

About Original Sprout

Original Sprout makes a complete line of safe and effective hair and body care products for the entire family. The company's vegan and cruelty-free products, all made in the U.S., are formulated with nourishing extracts from fruits, vegetables and flowers, without any irritants such as parabens and phthalates, or ingredients such as lavender and tea-tree oil, which have been linked to hormone disruption in children. Inga Tritt, a master hairstylist from Santa Barbara, established Original Sprout in 2003 when she was a new mom on the premise of making products with ingredients that were safe to use on the sensitive skin of her baby daughter, and that other mothers and fathers could trust. For more information, visit https://originalsprout.com/.

About Concierge Technologies

Concierge Technologies (OTCQB:CNCG) is a diversified global holding firm with operating subsidiaries in beauty products, financial services, food manufacturing and security systems. Offices and manufacturing operations are in the U.S., New Zealand and Canada. For more information, visit www.conciergetechnology.net.

Forward-Looking Statements

This press release may contain "forward-looking statements" that include information relating to Concierge Technologies' and its subsidiaries' future events and future financial and operating performance. Such forward-looking statements, including, but not limited to, the planned ramp-up of Original Sprout's new Worry Free product line, should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements.

For a more detailed description of the risk factors and uncertainties affecting Concierge Technologies or its subsidiary companies, and more detailed information about the individual operating entities, please refer to the Company's Securities and Exchange Commission filings, which are available on the Company's website, (http://www.conciergetechnology.net), or at www.sec.gov.

# # #

For more information contact:

Original Sprout: Mary Byrd, mary@originalsprout.com, 888-805-2229
Concierge Technologies: Roger Pondel, rpondel@pondel.com, 310-279-5980

SOURCE: Concierge Technologies, Inc.

ReleaseID: 574440

VANCOUVER, BC / ACCESSWIRE / January 29, 2020 / Infinite Lithium Corp. ("ILI" or the "Company") (TSXV:ILI) is pleased to announce that the Company entered into an option agreement to acquire a 90% interest in the "Dixie Ten-Mile" properties from Pistol Bay Mining Inc., in the Red Lake Mining District. The property package covers the Dixie 17, Dixie 18, Dixie Gap and Dixie 20 mineral occurrences and prospects, with the eastern portion of the property located at the junction of the Ten Mile Road and Snake Falls Road.

The Dixie Ten-Mile property is approximately 20 kilometers north-east of the "LP Target" drilling activity of Great Bear Resources Corp.'s Dixie Project. The Dixie Ten-Mile property is approximately 5 kilometers north-west of the Company's Dixie 3 property (see press release 2019-12-12).

The Dixie Ten-Mile property comprises 89 claims, covering approximately ~2,000 hectares. The property has excellent access and logistics, from Red Lake or Ear Falls, and is traversed by the Snake Falls main access road.

The Dixie Ten-Mile property covers 4-5 km of strike length along two mineralized stratigraphic horizons hosting Cu-Zn mineralization and exhibiting intense footwall hydrothermal alteration. The property has seen intermittent exploration since 1950's with resurgence in 1960's upon the discovery of the South Bay Mine, located approximately 45 kilometers to the north-east. Major mining companies including Selco, Noranda, Minnova-Inmet, Rio Algom, Inco and Homestake working in the area in the 1970- 1990's. Tribute Minerals Inc. ("Tribute") in the early 2000's completed line cutting, geophysical surveys, a Quantec Geosciences Titan-24 surveys, and additional diamond drilling.

Highlights include:

Dixie 18 Zone – The northern horizon hosts the Dixie 18 deposit with resources (historic, non-43-101 compliant (*1) reported by Noranda of 110,000 tons (99,820 tonnes) grading 0.5% Cu and 12.5% Zn to a depth of 150 meters.
Dixie Gap – Approximately 1.5 kilometers east of the Dixie 18 occurrence, a cluster of strong AEM (airborne electromagnetic) (INPUT) targets (known as the Dixie Gap) indicates continuing conductivity to the west.
Dixie 19 and Dixie 17 – The second mineralized horizon is located 1.5 kilometers south of the Dixie 18 horizon and hosts two Cu-Zn prospects known as the Dixie 19 and 17 zones. Dixie 19 consists of stringer to massive sulphides locally interbedded with massive magnetite which has been traced by drilling for a 500m strike length to a depth of 225 metres. Significant drill intersections on the southern mineralized horizon include 7.34% zinc (Zn), and 1.4 % copper (Cu) over 9.5 metres in the Dixie 17 Zone, and 6.33% Zn and 1.50 % Cu over 3.35 metres in the Dixie 19 Zone.
The Dixie 19 Zone is coincident with the second Titan-24 target. Mineralization in the Dixie 19 Zone has been identified by drilling over a 500 meter strike length to a depth of 225 metres and ranged in thickness from < l meter to 30 meters.:

At the time (2003) the previous operator, Tribute Minerals Inc. has utilized a newly developed, deep penetration geophysical technique (Quantec's Titan-24 system) in an attempt to "see" to depths below those previously possible.
Dixie 20 – In 2003 Tribute reported: "The results of the Titan-24 survey are very encouraging to Tribute, since they show a series of conductive anomalies (Dixie 20) over a strike length of 800 meters at depths of approximately 1 km which are consistent with the response expected from massive sulphides or graphite. (Westoll. 2003, 43-101 Report for Tribute Minerals Inc.)

*1 – Note: historic, non-43-101 compliant resources have not been verified, nor should they be relied upon.

The Dixie Ten-Mile property covers prospective alteration in rock units favorable for VMS mineralization with a portion of the property covered by the Titan-24 survey.

"We are accumulating a favourable land package in the Red Lake area as part of our strategy to focus on prospective gold and VMS targets," said Mike England President and CEO of Infinite Lithium. "The Dixie Ten-Mile property is proximal to the Company's recently acquired Ben Lake, Dixie 3, Eastern Vision and North Buffy Lake properties in the Red Lake camp."

Mr. England continued, "Significant advances have been made since 2003, with deep penetrating geophysical techniques able to identify anomalies to depths of 500 to 1,100 meters, and the Company is investigating these types of survey over the highly prospective stratigraphy of the Dixie Ten-Mile property."

To earn a 90% interest in the Dixie Ten-Mile property from Pistol Bay Mining Inc., an arms-length party, Infinite will make cumulative payments of Cdn $60,000 cash, the issuance of 1,000,000 common shares of the Company over a one (1) year period and perform expenditures of $550,000 over a 2 year period. An additional 15% interest in the claims can be purchased for Cdn $30,000 and an additional 500,000 shares. An underlying vendor retains a 1 % Net Smelter Royalty ("NSR"), 50% of which is purchasable by Infinite for Cdn $400,000 at any time.

This transaction is subject to TSX Venture approval.

Mr. Kelly Malcolm, professional geoscientist, P.Geo, is the qualified person as defined by National Instrument 43-101 has examined and described the geological information available form public sources related to the property and is responsible for reviewing and approving the technical contents of this press release.

The Qualified Persons have not completed sufficient work to verify the historic information on the Property, particularly in regard to historical drill results and historical resources. However, the Qualified Persons believe that drilling and analytical results were completed to industry standard practices. The information provides an indication of the exploration potential of the Property but may not be representative of expected results.

About Infinite Lithium Corp.

Infinite Lithium is a junior mining exploration company focused on seeking and acquiring world-class mineral projects globally. Our current focus is on properties with the potential for VMS mineralization in the Confederation Mineral Belt near Red Lake, Ontario, and the Jackpot Lithium property located near Nipigon, Ontario. Infinite Lithium also continues to evaluate suitable prospects that fit the mandate of the company. Please visit our website located at www.infinitelithium.com.

ON BEHALF OF THE BOARD

"Mike England"
Mike England, President and Director

FOR FURTHER INFORMATION, PLEASE CONTACT:

Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward -looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at WWW.SEDAR.COM).

SOURCE: Infinite Lithium Corp.

ReleaseID: 574427

Founder-CEO of Trousdale Ventures, LLC, Sarofim Elected To Serve As Board Member for Renowned Global Videogame Publisher and Developer

LOS ANGELES, CA and NETHERLANDS / ACCESSWIRE / January 29, 2020 / Phillip Sarofim, Founder and Partner of private investment company Trousdale Ventures, LLC (www.trousdalevc.com), has been named to the Board of Directors for Good Shepherd Entertainment, (https://goodshepherd.games/en/), an industry leading publisher and developer of major branded videogames for the global market. Sarofim's appointment to the Good Shepherd Entertainment Board of Directors was announced by Paul Hanraets, director of corporate development at Good Shepherd Entertainment.

Phillip Sarofim, Founder and Partner, Trousdale Ventures, LLC

A noted businessman, entrepreneur and philanthropist, Sarofim joins the Good Shepherd Entertainment Board of Directors with an extensive background in corporate investment, business development and mergers & acquisitions. Through Trousdale Ventures, Sarofim has built an investment portfolio comprised of innovative companies at the leading edges of technology, of technology, medicine, media and consumer products. Sarofim also serves on the Advisory Board or the Board of Directors for several of Trousdale's portfolio companies to help ensure their continued growth.

"We are extremely pleased to appoint Phillip Sarofim to the Good Shepherd Entertainment Board of Directors. Phillip has greatly enhanced Good Shepherd Entertainment as an eminent investor, and we look forward to further benefiting from his vast operational knowledge and financial expertise as he assumes his new role as Board Member," said Hanraets.

About Good Shepherd Entertainment: Good Shepherd Entertainment is a Netherlands-based game publisher founded by industry experts focused primarily on the business of producing and publishing independent video games. Good Shepherd has built a global business based on its publishing concept that pairs talented developers with creative content, writers, musicians and IP powerhouses. Originally established in 2011 as an equity crowdfunding platform under the name Gambitious BV, the Company rebranded in 2017 as Good Shepherd Entertainment. The Company has since funded and released over a dozen original games across eight digital platforms. Good Shepherd's innovative funding model provides opportunities for individual investors to participate in the $130B video game industry by investing directly with the publisher on select projects. Good Shepherd Entertainment works in partnership with some of the industry's most notable names, including Devolver Digital, Croteam and Perfect World, all successful industry leaders in independent game development and publishing. www.GoodShepherd.games

About Trousdale Ventures, LLC: Trousdale Ventures, LLC is a privately-held investment firm owned and managed by partners Phillip Sarofim and Brian Grigsby with a portfolio that encompasses a variety of companies involved in technology, IT management, biopharmaceuticals, food and beverage, children's educational products, sporting goods, travel and lifestyle, transportation, and entertainment. Visit Trousdale Ventures, LLC at (www.trousdalevc.com).

# # #

CONTACT: SSA Public Relations

Steve Syatt
steve@ssapr.com
(818) 222-4000

SOURCE: SSA Public Relations

ReleaseID: 574456

MIDLAND, VA / ACCESSWIRE / January 29, 2020 / Easi-Set Worldwide, a subsidiary of Smith-Midland Corporation (OTCQX:SMID), announces the addition of Summit Precast, LLC to its family of J-J Hooks precast concrete safety barrier licensed producers, North America's most successful licensed barrier design.

Headquartered in Montgomery, Texas, Summit Precast, LLC is owned by the Ogorchock family. The Ogorchock's have years of previous precast concrete barrier manufacturing experience.

Summit will be serving primarily the Houston to San Antonio highway barrier market area. Their first project has already been contracted, 120,000 linear feet for the I-10 widening project in Austin County, Texas.

"Summit has hit the ground running," said Art Miles, Easi-Set's President. "Their experience and capabilities should prove a competitive advantage for J-J Hooks and J-J Hooks customers in the Texas market. We are looking forward to a long and fruitful relationship."

About J-J Hooks Safety Barriers:

Currently, more than 15,000,000 linear feet of J-J Hooks temporary precast concrete barrier have been produced and installed worldwide. All J-J Hooks barrier designs utilize the same J-Hook connection system which provides the industry's fastest installation and removal capability, has integral self-aligning connection guides, and requires no loose hardware. MASH compliant designs are currently approved in 38 states and provinces with a large number of requests pending.

To learn more about J-J Hooks safety barrier, call 800-547-4045, or visit www.jjhooks.com

Easi-Set Worldwide, a wholly owned subsidiary of Smith-Midland Corporation, a public company, licenses the production and sale of Easi-Set products and provides diversification opportunities to the precast industry worldwide. For more information about precast product licensing opportunities, contact Easi-Set by calling 800-547-4045 or visiting www.EasiSet.com.

This announcement contains forward-looking statements, which involve risks and uncertainties. The Company's actual results may differ significantly from the results discussed in the forward-looking statements. Factors which might cause such a difference include, but are not limited to, product demand, the impact of competitive products and pricing, capacity and supply constraints or difficulties, general business and economic conditions, the effect of the Company's accounting policies and other risks detailed in the Company's Annual Report on Form 10-K and other filings with the Securities and Exchange Commission.

Inquiries: info@easiset.com

SOURCE: Smith-Midland Corporation

ReleaseID: 574386

TORONTO, ON / ACCESSWIRE / January 29, 2020 / California Gold Mining Inc. ("California Gold" or "CGM" or the "Company") (CSE:CGM)(OTCQX:CFGMF) is pleased to announce the execution of an agreement with a North Carolina-based private hemp-CBD production company for the sale of CBD Isolate produced from the Company's wholly-owned, high-CBD hemp biomass (the "Agreement").

This agreement is in addition to the previous agreement announced on January 15, 2020 related to the sale of the Company's Zero-THC Distillate.

Details of the terms of the Agreement, effective as of January 27, 2020, are as follows:

The Agreement relates to the sale of CBD Isolate which is defined as a crystalline solid or powder that contains greater than 99.5% cannabidiol (or "CBD") and less than 0.3% total tetrahydrocannabinol (or "THC") by dry weight derived from hemp plants;
Purchase price has been set at US$3,500 per kilogram of CBD Isolate;
CGM's Cost of Goods Sold associated with the production of CBD Isolate is approximately US$2,450 per kilogram;
The term of the Agreement is one year, and the parties expect to complete sales of CBD Isolate recurring on a monthly basis during this term.

A total of up to 1,000 kilograms of CBD Isolate is expected to be transacted upon within 40 days.

California Gold's President and CEO, Mr. Vishal Gupta stated, "The execution of a second sale agreement within a few days of executing the first is a testament to the high quality of CGM's various refined products, and management's commitment to achieving positive cash flow in Q1 2020. CGM's board of directors recognizes that diversification of the Company's revenue stream will be critical to long-term sustainability of positive cash flow in this nascent hemp-CBD sector. With this goal in mind, management continues to explore additional avenues for revenue generation from the Company's hemp business segment."

The Company's Board of Directors continues to investigate the economics of purchasing additional batches of hemp biomass in order to produce and eventually sell additional refined products once the sale of the current inventory of refined products is complete.

About California Gold Mining Inc.

California Gold Mining Inc. is focused on continued development of a high-quality gold resource on its 100%-owned Fremont property in Mariposa County, California. The Fremont property consists of an entirely private and patented land package totaling 3,351 acres of historically producing gold mines, with a state highway, PG&E electric substation and abundant water present on the property itself. The Fremont property lies within California's prolific Mother Lode Gold Belt that has produced over 50 million ounces of gold. The Company purchased the Fremont property in March 2013.

The Company also has an outdoor, high-CBD industrial hemp biomass cultivation operation on its Grove Road Farm property in Kendall County, Illinois. The Company plans to use a portion of cash flow from its hemp biomass and hemp seed operations to continue development of its gold business, with minimal dilution for shareholders.

The Company's technical report in respect of the Fremont Property prepared pursuant to National Instrument 43-101 is available on SEDAR at www.sedar.com and on the Company's website at www.caligold.ca.

CAUTION REGARDING FORWARD-LOOKING INFORMATION

This news release of California Gold contains statements that constitute "forward-looking statements". Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause California Gold's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements in this document include statements regarding (i) potential sales of CBD Isolate and the timing of such sales, (ii) the ability of the Company to be cash flow positive in Q1 2020 and (iii) the Company's plans to acquire additional hemp biomass. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated by such statements and could materially affect the Company's results of operations. Readers are cautioned not to place undue reliance on forward looking statements in this press release. California Gold does not undertake any obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change, unless otherwise required by law.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information contact:

Vishal Gupta, President & CEO
Tel.: 647-977-9267 x333 | Website: www.caligold.ca

SOURCE: California Gold Mining Inc.

ReleaseID: 574439

DIDCOT, UK / ACCESSWIRE / January 29, 2020 / Altus Strategies Plc (AIM: ALS & TSX-V: ALTS), the Africa focused project and royalty generator, announces the commencement of a 2,000m aircore ("AC") drilling programme at the Company's Tabakorole gold project ("Tabakorole" or the "Project") located on the Massagui gold belt in southern Mali, approximately 100 km southwest of the formerly multi-million ounce Morila gold mine owned by Barrick Gold Corporation. The drilling is being completed by Glomin Services Ltd (‘Glomin') under the joint venture ("JV") between Glomin and Altus, as previously announced by the Company on 02 December 2019.

Highlights:

JV financed 2,000m AC drill programme at Tabakorole gold project in southern Mali
Historic drilling of 9.31 g/t Au over 16m, 9.84 g/t Au over 14m and 2.91 g/t Au over 60m
Tabakorole project is a 2.7 km long shear-zone hosted orogenic gold deposit
Historical near surface resource at Tabakorole's FT prospect comprised of:

7,880,000 tonnes at 0.94 g/t Au for 240,000 ounces in the Indicated category
10,550,000 tonnes at 1.03 g/t Au for 350,000 ounces in the Inferred category
Based on a 0.5 g/t cut off
See "Tabakorole Project: Historical resource" and "Cautionary note regarding historical data"

High grade intercepts including 6.05 g/t Au over 18m from 12m (10FLRC-12A) and 2.63 g/t Au over 38m from 4m (10FLRC-07) were not incorporated in the historical resource estimate
Programme designed to generate targets for follow up diamond drilling

Steven Poulton, Chief Executive of Altus, commented:

"We are delighted to announce the commencement of the maiden JV drill programme at the Company's Tabakorole gold project in southern Mali. The programme is being undertaken by Glomin, as part of our JV on Tabakorole as announced in December 2019. The JV also incorporates the Lakanfla gold project, which is contiguous with the Sadiola gold mine in western Mali. The initial 2,000m of AC drilling at Tabakorole will test a number of priority targets adjacent to the historic 590,000 ounce resource. These targets were defined by previous operators which, due to the cyclical downturn in the sector, have yet to be systematically tested. We look forward to updating shareholders on the results from Tabakorole in due course."

Tabakorole Project: Aircore Drilling Programme

A 2,000m, 30 hole aircore drilling programme at Tabakorole has commenced. The programme has been designed to test surface soil geochemical anomalies and areas where historic drilling generated encouraging results. These include RC hole 14TKRC10 at the north-western end of the FT historic resource area which returned 1.85 g/t Au over 16m from a depth of 1m and AC hole 05TKAC-097 500m north of the FT historic resource area which returned 1.41g/t Au over 10m from 26m. The AC holes will be terminated at the point of drill bit refusal and drilled ‘heel to toe' along drill lines. The results from this programme will be used to refine targets for follow up drilling.

The following figures have been prepared and relate to the disclosures in this announcement and are visible in the version of this announcement on the Company's website (www.altus-strategies.com) or in PDF format by following this link: http://altus-strategies.com/site/assets/files/4729/altus_nr_-_tbk_ac_-_29_jan_2020.pdf

Location of the Tabakorole project with Altus' other projects in Mali is shown in Figure 1.
Location of Tabakorole project in southern Mali is shown in Figure 2.
Prospects within the Tabakorole project are shown in Figure 3.
Planned AC programme with historic soil and termite data is shown in Figure 4.
Planned AC programme with historic AC & auger locations is shown in Figure 5.
A selection of photographs from the Project is shown in Figure 6.

Tabakorole Project: Location

The 100 km2 Tabakorole project is located in southern Mali, approximately 280 km south of the capital city of Bamako. The Project sits on the Massagui Belt which hosts the Morila gold mine (operated by Barrick NYSE:GOLD, TSX:ABX), located approximately 100 km to the north. The Project is 125 km southeast of the Yanfolila gold mine (operated by Hummingbird AIM:HUM) and 100 km east of the Kalana gold project (operated by Endeavour Mining TSX:EDV).

Tabakorole Project: Geology

Tabakorole comprises a 2.7 km long shear zone which is up to 200m wide, hosted in the Archaean and Birimian aged Bougouni Basin of the Man Shield of southern Mali. The geology is dominated by clastic sediments cut by northwest trending deformation zones which host gold mineralisation. At least two, possibly three, Eburnean deformation events are believed to have affected the geology of Tabakorole.

The Project hosts the FT prospect which is comprised of mylonites, sheared diorite, gabbro, mafic dykes and late stage felsic dykes, within a folded and deformed metasedimentary package of meta-siltstone, meta-wacke and meta-sandstone. Gold mineralisation within the FT prospect is typically associated with 3-5% disseminated sulphides, notably pyrite, arsenopyrite, pyrrhotite and locally chalcopyrite. Mineralisation is locally most favourably associated where structures cut gabbro and along lithological contacts with gabbro.

Tabakorole Project: Historical exploration

The Project was discovered by a regional soil sampling programme completed on a 500m x 100m grid by BHP in the early 1990s. Since 2003, a total of 28,912m of diamond drilling, 31,943m of RC drilling, 6,577m of auger drilling and 60,676m of air core drilling have been completed, in addition to 1,400 line km of airborne geophysics. A selection of drill intersects from Tabakorole is shown in Table 2.

Following the completion of the 2007 historical mineral resource estimate, 58 RC holes (5,492 m) were completed within and along strike of the FT prospect in 2010. Results included 6.05 g/t Au over 18m from 12m (10FLRC-12A) and 2.53 g/t Au over 24m from 48m (10FLRC-01A).

Table 1: Tabakorole selected drill intersections

Hole ID

From (m)

To (m)

Intersection (m)

Grade (g/t Au)

10FLRC-12A

12.00

30.00

18.00

6.05

05TKRC-18

24.00

68.00

44.00

3.29

10FLRC-07

4.00

42.00

38.00

2.63

10FLRC-01A

48.00

72.00

24.00

2.53

05FLRC-51

80.00

96.00

16.00

9.31

06TKDDH-008

179.00

190.00

11.00

5.64

05FLRC-11

14.00

74.00

60.00

2.91

05TKRC-52

2.00

18.00

16.00

2.33

05FLRC-12

2.00

12.00

10.00

3.36

Intersections based on 0.5g/t Au cut off and ≤ 2m internal waste

Tabakorole Project: Historical resource

The Tabakorole project hosts a historical mineral resource comprised of 240,000 oz Au (7.88 million tonnes at 0.94 g/t) in the Indicated category and 350,000 oz Au (10.55 million tonnes at 1.03 g/t) in the Inferred category. The key assumptions, parameters and methods used to prepare this historical estimate are:

A block model constructed using the Inverse Distance Squared method
Block sizes of 10m X 25m X 5m in the easting, northing and RL directions
The block model was estimated in 6 passes at 25m, 50m and 100m ranges
Pass 1 & 2 represent spacing of 25m X 50m used to determine the Indicated portion of the resource
Pass 2, 3, 4, 5 and 6 were used to estimate the Inferred portion of the resource
3 samples minimum were used to estimate any one single block
Sample hierarchy:

Bulk screen assays took precedent over regular assays
Diamond drilling assays took precedent over Reverse Circulation drilling assays
Air Core drilling was not used in the resource estimation

Assays were top cut to 10 g/t gold (based on 99.5% on the cumulative frequency curve)
Resources were reported at a 0.5 g/t gold cut off

The resource was prepared in accordance with NI 43-101 by H. Andrew Daniels, Consulting Geologist, P.Geo in a report entitled "Technical Report on the Mineral Resource Update, June 2007 FT Project Mali, West Africa", dated July 27, 2007 and filed on SEDAR on July 27, 2007 by North Atlantic Resources Ltd. A Qualified Person has not done sufficient work to classify this historical estimate as current mineral resources and Altus is not, therefore, treating this historical estimate as a current mineral resource. However, it remains relevant to the Project and Altus believes it is also reliable. To verify this historical estimate so that the resource can be considered current, Altus would be required to contract a qualified and independent consultant to review historical drilling data and prepare a resource estimate in accordance with NI 43-101.

Table 2: Tabakorole Resource

Category

Tonnes (t)

Grade (g/t Au)

Metal (Oz Au)

Oxide

Indicated

1,040,000

1.01

34,000

Inferred

960,000

1.11

35,000

Sulphide

Indicated

6,840,000

0.94

207,000

Inferred

9,590,000

1.03

318,000

Tabakorole Project: New targets defined from historical data

The Company has completed a comprehensive review of the historical exploration data on the Project. A number of priority drill targets have been defined both within the main NW-SE trend of the existing FT prospect as well as potential extensions to the northeast. Several historical drill holes intersected mineralisation off the main trend of the FT prospect, including 12m at 3.40 g/t Au (06FLRC-01) and 28m at 1.01 g/t Au (06FLRC-04) which represent priority areas for follow up.

Six hundred metres to the south of and parallel to the FT prospect, a new prospect which is approximately 2.5 km long has been defined from historical airborne magnetic data. Elsewhere on the Tabakorole licence a number of priority targets for follow up trenching and auger drilling have been defined by the historical geophysical and surface geochemical data. The next phase of work at Tabakorole is expected to include drilling across new targets, as well as further resource definition drilling.

Cautionary note regarding historic data

Readers are cautioned that the data on Tabakorole as referred to in this written disclosure is historical exploration data that has not been verified by a Qualified Person. Not all historical samples are available and Altus does not have complete information on the quality assurance or quality control measures taken in connection with the exploration results, or other exploration or testing details regarding these results.

The potential tonnages and grades described in this release are conceptual in nature and are based on previous drill results that defined the approximate length, thickness, depth and grade of the portion of the historical resource estimate. There has been insufficient exploration to define a current resource and the Company cautions that there is a risk further exploration will not result in the delineation of a current mineral resource.

The historical data should therefore not be relied upon until the Company can confirm them.

Qualified Person

The technical disclosure in this regulatory announcement has been read and approved by Steven Poulton, Chief Executive of Altus. A graduate of the University of Southampton in Geology (Hons), Steven Poulton also holds a Master's degree from the Camborne School of Mines (Exeter University) in Mining Geology. He is a Fellow of the Institute of Materials, Minerals and Mining and has over 20 years of experience in mineral exploration and is a Qualified Person under the AIM rules and National Instrument 43-101 Standards of Disclosure of Mineral Projects of the Canadian Securities Administrators.

For further information you are invited to visit the Company's website www.altus-strategies.com or contact:

Altus Strategies Plc

Steven Poulton, Chief Executive

Tel: +44 (0) 1235 511 767

E: info@altus-strategies.com

SP Angel (Nominated Adviser)

Richard Morrison / Soltan Tagiev

Tel: +44 (0) 20 3470 0470

SP Angel (Broker)

Abigail Wayne / Richard Parlons

Tel: +44 (0) 20 3470 0471

Blytheweigh (Financial PR)

Tim Blythe / Camilla Horsfall

Tel: +44 (0) 20 7138 3204

About Altus Strategies Plc

Altus is a London (AIM: ALS) and Toronto (TSX-V: ALTS) listed project and royalty generator in the mining sector with a focus on Africa. Our team creates value by making mineral discoveries across multiple licences. We enter joint ventures with respected groups and our partners earn interest in these discoveries by advancing them toward production. Project milestone payments we receive are reinvested to extend our portfolio, accelerating our growth. The portfolio model reduces risk as our interests are diversified by commodity and by country. The royalties generated from our portfolio of projects are designed to yield sustainable long-term income. We engage constructively with all our stakeholders, working diligently to minimise our environmental impact and to promote positive economic and social outcomes in the communities where we operate.

Cautionary Note Regarding Forward-Looking Statements

Certain information included in this Announcement, including information relating to future financial or operating performance and other statements that express the expectations of the Directors or estimates of future performance constitute "forward-looking statements". These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programmes on schedule and the success of exploration programmes. Readers are cautioned not to place undue reliance on the forward-looking information, which speak only as of the date of this Announcement and the forward-looking statements contained in this announcement are expressly qualified in their entirety by this cautionary statement.

Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. The forward-looking statements contained in this Announcement are made as at the date hereof and the Company assumes no obligation to publicly update or revise any forward-looking information or any forward-looking statements contained in any other announcements whether as a result of new information, future events or otherwise, except as required under applicable law or regulations.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Market Abuse Regulation Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 ("MAR") until the release of this announcement.

Glossary of Terms

The following is a glossary of technical terms:

"AC" means Aircore drilling
"Au" means gold
"g/t" means grams per tonne
"grade(s)" means the quantity of ore or metal in a specified quantity of rock
"km" means kilometres
"m" means metres
"NI 43-101" means National Instrument 43-101 Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators
"ppb" means parts per billion
"Qualified Person" means a person that has the education, skills and professional credentials to qualify as a qualified person under NI 43-101
"RC" means Reverse Circulation drilling

**END**

SOURCE: Altus Strategies PLC

ReleaseID: 574468