Closing of C$1 Million Non-Brokered Private Placement December 15, 2020 – Iconic Minerals Ltd. (the “Company” or “Iconic”) (TSXV: ICM) (OTC: BVTEF) (FSE: YQGB) announces that, subject to TSX Venture Exchange acceptance, it has entered into an option agreement (the “Option Agreement”) with Nevada Lithium Corp. (“Nevada Lithium”), whereby Iconic, through its wholly owned subsidiary, Bonaventure Nevada Inc. (“Bonaventure”) granted Nevada Lithium the option (the “Option”) to earn up to a 50% interest in the Bonnie Claire lithium property located in Nye County, Nevada (the “Bonnie Claire Property”).