Silver X Mining Corp. — Capital/Financing Update 2020

Nov 2, 2020

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Oro X Announces Grant of Incentive Stock Options and Restricted Share Units

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VANCOUVER, BC, Nov. 2, 2020 /CNW/ - ORO X MINING CORP. (TSXV: OROX) (the " Company ") announces the grant of a total of 675,000 incentive stock options to a director and consultants of the Company, subject to TSX Venture Exchange acceptance. Each option is exercisable to purchase one common share of the Company for five years at a price of C$0.70 per common share in accordance with the terms of the Company's stock option plan.

The Board of Directors of the Company also approved the grant of 1,750,000 restricted share units to certain directors, officers, and consultants of the Company, subject to the meeting of vesting conditions. The restricted share units were granted in accordance with the Company's restricted share unit plan.

ON BEHALF OF THE BOARD

Luis Zapata CEO & Director

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

SOURCE Oro X Mining Corp.

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For further information: Oro X Mining Corp., Luis Zapata, CEO, 236 858 9593, info@oroxmining.com

CO: Oro X Mining Corp.

CNW 08:30e 02-NOV-20