Germanium Mining Corp. — Capital/Financing Update 2020

Jun 5, 2020

Not for distribution to U.S. Newswire Services or for dissemination in the United States.

GOLD PLUS MINING INC.

303 - 570 Granville Street Vancouver, BC, V6C 3P1

FOR IMMEDIATE RELEASE

Gold Plus Mining Inc. Acquires Red Lake Property

Claims hosted within the Red Lake Gold Camp

VANCOUVER, BC, May 22, 2020 – Gold Plus Mining Inc. (“Gold Plus” or the “Company”) (CSE :GPMI) is pleased to announce it has optioned a 100% interest in four claims (76 cells) totaling 1,536 hectares in the Red Lake Greenstone Belt of northwestern Ontario, from an arm’s length vendor. The McDonough Property is located only 12 km northwest of Red Lake. According to the Ontario Geological Survey assessment records the property has seen limited exploration with no recorded drilling located within the property boundary (see Figure 1).

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Figure 1. McDonough Property location

“We are excited to formally enter the Red Lake Gold Camp space, states Keith Anderson Jr., CEO of Gold Plus Mining. The Red Lake Gold Camp is a well-known and prolific greenstone belt with historical production dating back to the early 1940’s. This property gives the company a foothold

in one of the most gold endowed districts of Ontario. We look forward to our future exploration efforts.”

Mike Kilbourne, P. Geo, an independent qualified person as defined in National Instrument 43101, has reviewed and approved the technical contents of this news release on behalf of the Company.

TERMS:

Payment of $2,000 and issuance of 200,000 common shares upon signing, $8,000 within 30 days, $10,000 and 200,000 common shares within 12 months of signing, $15,000 on second anniversary of signing and $25,000 on third anniversary of signing. The property is subject to a 1.5% Net Smelter Return (“NSR”) to the Vendor of which the Company has the right to purchase a 0.75% NSR for $500,000.

About Gold Plus Mining Inc.

Gold Plus Mining is an exploration company focused on discovery-stage properties located in the prolific gold mining belts of northwestern Ontario and the Pluto Property in Quebec, Canada. Gold Plus Mining has 17,635,366 shares issued.

For additional information please contact Negar Adam at 604 646 6906

ON BEHALF OF THE BOARD

Signed Keith Anderson Jr.

Phone: 604 786 7774 Email: kanderson7774@gmail.com

Neither Canadian Securities Exchange (CSE) 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.