Nevado Resources Announces Extension of Non-Brokered Private Placement Closing Date

Vancouver, British Columbia--(Newsfile Corp. - September 22, 2020) - Nevado Resources Corporation (TSXV: VDO.H) ("Nevado" or the "Company") announces that it has received an extension from the TSX Venture Exchange to complete its non-brokered private placement (the "Private Placement"). The Private Placement closing date has been extended from September 28, 2020 to October 21, 2020. Full details of the Private Placement can be found in the Company's press release dated August 14, 2020.

On behalf of the Board of Directors,
Nevado Resources Corporation

Mr. Tyson King, President and CEO

For further information, please contact the Company at:

Leah Hodges, Corporate Secretary
Tel.: (604) 377-0403
Email: [email protected]

Reader Advisory

This news release contains certain statements that may be deemed "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. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors should change, except as required by law.

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

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