Bathurst Metals Corp. — Capital/Financing Update 2020

Aug 12, 2020

FORM 51-102F3 Material Change Report

Name and Address of Company Item 1: PACIFIC CASCADE MINERALS INC. 665 Dougall Road Gibson, BC V0N 1V8 Date of Material Change Item 2: August 11, 2020 News Release Item 3: August 11, 2020 Summary of Material Change Item 4: Pacific Cascade Minerals Inc. (the "Company") announces name change and consolidation. Full Description of Material Change Item 5: See attached news release. Reliance on subsection 7.1(2) or (3) of National Instrument 51-102 Item 6: $N/A$ Omitted Information Item $7:$ None Executive Officer Item 8: Harold Forzley, President Telephone: (604)783-4273 Date of Report Item 9: August 12, 2020

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665 Dougall Road Gibsons B.C. V0N 1V8

PRESS RELEASE

August 11, 2020

TSX-V: PCV

Pacific Cascade Announces Name Change and Consolidation

VANCOUVER, BRITISH COLUMBIA - (August 11, 2020) - Pacific Cascade Minerals Inc. (the "Company") announces that the Company will be changing its name from Pacific Cascade Minerals Inc. to "Bathurst Metals Corp." (the "Name Change"). In conjunction with the name change the Company will also be completing a share consolidation on the basis of one (1) post-consolidation common share for every three (3) pre-consolidation common shares (the "Consolidation").

Effective at the commencement of trading on or about Friday, August 14, 2020 the Company is expected to begin trading on the NEX board of the TSX Venture Exchange on a post-consolidated basis under the new name and stock symbol "BMV". The new CUSIP and ISIN are: 071205108 and CA0712051089, respectively.

Currently there are 81,454,719 common shares issued and outstanding and after the Consolidation there will be approximately 27,151,573 common shares issued and outstanding. The Company will not be issuing fractional post-Consolidation common shares to shareholders in connection with the Consolidation. Where the Consolidation would otherwise result in a shareholder being entitled to a fractional common share, the number of post-Consolidation common shares issued to such holder of common shares shall be rounded up to the next greater whole number of common shares if the fractional entitlement is equal to or greater than 0.5 and shall be rounded down to the next lesser whole number of common shares if the fractional entitlement is less than 0.5. In calculating such fractional interests, all common shares held by a beneficial holder shall be aggregated.

A letter of transmittal with respect to the Consolidation will be mailed to registered shareholders of the Company. All registered shareholders with physical certificates will be required to send their respective certificates representing pre-consolidated common shares along with a completed letter of transmittal to the Company's transfer agent, Computershare Investor Services Inc. ("Computershare"), in accordance with the instructions provided in the letter of transmittal. Additional copies of the letter of transmittal can be obtained through Computershare. All shareholders who submit a duly completed letter of transmittal along with their respective pre-consolidated common share certificate(s) to Computershare, will receive a post-consolidation share certificate.

Shareholders who hold their common shares through a broker or other intermediary and do not have common shares registered in their name, will not need to complete a letter of transmittal.

The exercise or conversion price and the number of common shares issuable under any of the Company's outstanding convertible loans and stock options will be proportionately adjusted to reflect the Consolidation in accordance with the respective terms thereof.

On behalf of the Board of Directors

"Harold Forzley" President / CEO Pacific Cascade Minerals Inc. For more information contact Harold Forzley, President hforzley@shaw.ca

Neither 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.