Decade Resources Ltd. — Capital/Financing Update 2020

Jun 12, 2020

Form 53-901.F Material Change Report Under Section 85(1) of the Securities Act (British Columbia)

Form 27 Material Change Report

Under Section 118(1) of the Securities Act (Alberta)- Form 27

Item 1 Reporting Issuer

Decade Resources Ltd. (the "Company") 611 8[th] Street Stewart, B. C. V0T 1W0

Item 2 Date of Material Change

June 12 2020

• Item 3 Press Release/Publication/Filing

Issued June 12 2020 and distributed through the facilities of Canada Stockwatch and Market News.

• Item 4 Shares for Debt

• Item 5 Full Description of Material Change

See attached press release.

• Item 6 Reliance on Confidentiality Provisions of the Securities Acts

This report is not being filed on a confidential basis.

• Item 7 Omitted Information

There are no significant facts required to be disclosed herein which have been omitted.

Item 8 Senior Officer

Contact: Randolph Kasum, Secretary Telephone: (250) 636-9283

Item 9 Statement of Senior Officer/Director

The foregoing accurately discloses the material change referred to herein.

‘Ed Kruchkowski’

Ed Kruchkowski, Director/CEO

DATED at Stewart, B.C., this 12th day June 2020 in connection with the Company’s June 12th, 2020, press release.

DECADE RESOURCES LTD. (the “Company”) 611 - 8th Street Stewart, British Columbia, V0T 1W0 Telephone: (250) 636-2264 Fax: (250) 636-2265

NEWS RELEASE

June 12, 2020

TSX-V: DEC

APPROVAL OF SHARES IN SETTLEMENT OF DEBT

The Company is pleased to announce it has received TSX Venture Exchange approval for and closed its shares for debt of 10,000,000 common shares, at a deemed price of $0.025 per share, to satisfy debt in the amount of $250,000.00, as initially announced in its news release of April 29, 2020. A total of 10,000,000 shares were issued to related parties.

These shares are subject to a hold period expiring October 13, 2020, except as permitted by applicable Canadian securities laws and the TSX Venture Exchange.

BY ORDER OF THE BOARD

OF DIRECTORS OF DECADE RESOURCES LTD

"Randolph Kasum"

Randolph Kasum, Director

FORWARD LOOKING STATEMENTS

‐ This news release may contain 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 looking statements. Forward‐looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or ‐ revise any forward looking statements whether as a result of new information, future events or otherwise.

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