Basin Uranium Corp. — Regulatory Filings 2021

Apr 19, 2021

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NEWS RELEASE TSXV: TIL April 19, 2021 NR 21-03 www.tillcap.com

WILLIAM A. LUPIEN 1941-2021

British Columbia, Canada, April 19, 2021: Till Capital Corporation (TSXV: TIL) (“ Till ”) is deeply saddened to announce the passing on April 15, 2021 of our Chief Investment Officer, William A. “ Bill ” Lupien, after a lengthy and courageous battle with cancer.

Bill Lupien had a long and industrious career in the financial industry. He was intimately involved in the formation of Till in 2014 as a merger between the investment fund for which he had been the general manager and the former Americas Bullion Royalty Corporation, whereupon he was appointed as the Chief Investment Officer of Till, a position in which he served until his death. Bill also served as a Director of Till from 2015-2020. A more extensive review of Bill’s life and accomplishments is included on our web site at https://tillcap.com/wp-content/uploads/2021/03/NR-21-03-Tribute to William A. Lupien.pdf.

Till wishes to express its deepest condolences to the Lupien family for their loss. All of the employees and Directors of Till will sorely miss Bill’s wise counsel and good humor in carrying out his responsibilities. We treasure his memory and will continue his excellent management of the multiple investments made by Till in which Bill was deeply involved (see https://tillcap.com/wp-content/uploads/2021/01/NR-21-01-TILLCorp-Update-final-Jan-26-2021.pdf.)

Reported by:

Brian P. Lupien Chief Executive Officer

Till Capital Corporation

Till Capital Corporation is the parent company of wholly-owned subsidiary Omega Insurance Holdings Inc. which owns Omega General Insurance Company, a Canadian insurance company offering innovative and customized insurance industry solutions, including fronting and run-off services for insurers/reinsurers, within the Canadian marketplace. Omega Insurance Holdings Inc. also operates Focus Group Inc., a consulting and project management company servicing the local and international needs of its Property Casualty Insurance clients.

Till Capital Corporation, through its wholly-owned U.S. subsidiaries, owns the Springer Tungsten Mine & Mill near Winnemucca, Nevada and is a partial owner of IG Tintic LLC, a private company which, through a U.S. subsidiary, controls a substantial land package of surface and mineral rights in the East Tintic Mining District near Eureka, Utah, and of IG Far East LLC, a private company with the controlling interest in a joint venture that owns the Durmin gold property in the Russian Far East. Till Capital Corporation is also the majority shareholder of Silver Predator Corp. (TSXV: SPD) and owns various mineral royalties and exploration property option agreements.

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For additional information:

Till Capital Corporation 208-635-5415 info@tillcap.com

Cautionary Note

At this time, Till has no current plans to provide earnings guidance due to the volatility of investment returns.

The Till Capital shares are restricted voting shares, whereby no single shareholder of Till Capital is able to exercise voting rights for more than 9.9% of the voting rights of the total issued and outstanding Till Capital shares (the “ 9.9% Restriction ”). However, if any one shareholder of Till Capital beneficially owns, or exercises control or direction over, more than 50% of the issued and outstanding Till Capital shares, the 9.9% Restriction will cease to apply to the Till Capital shares.

This news release shall not constitute an offer to sell or a solicitation of an offer to buy any securities of Till Capital or any other securities, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. Trading in the securities of Till Capital should be considered speculative.

Cautionary Statement Regarding Forward Looking Information

Certain statements in this release are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance, or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Till will obtain from them. In particular, Till cautions that the completion of the proposed transactions cannot be predicted with certainty, and that there can be no assurance at this time that the proposed transactions will be completed in the manner noted above or at all. These forwardlooking statements reflect management's current views and are based on certain expectations, estimates, and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause Till’s actual results to differ materially from those expressed or implied by the forward-looking statements, as well as other factors beyond Till’s control. Till does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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.

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