VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 9, 2016) - IIROC has requested for a clarification of the
Cameo Resources Corp. (TSX VENTURE:CRU)(OTC PINK:SIDNF)(the "Company") News Release dated November 09, 2016. The company
wishes to inform shareholders that this news release is not a change of business and Cameo still is 100% mineral exploration
company.
At this point, the company is only reviewing information provided by Green Fields Hydroponics (GFH) of Portland Oregon. The
revenue, employment figures and forecasts stated in the news release were provided by GFH.
Cameo Resources Corp. is still pleased to have signed a Letter of Intent with Green Fields Hydroponics of Portland Oregon.
It's an opportunity that the Cameo wants to explore. The signed letter of intent is for exchange of information with GFH and
currently, there is no definitive agreement signed and no compensation terms are stated in the letter. The letter is to ensure
that confidentiality is maintained as Cameo continues to discuss future business opportunities with GFH.
"Recreational marijuana is now legal in California - and that's a game changer for public health. Though 25 other states have
already legalized weed for medicinal purposes and four for recreational purposes, the size and population of California puts its
decision in a different league and it could lead the way to figuring out policy around the drug. Current projections have Maine,
Nevada, and Massachusetts voting to legalize recreational marijuana, while Arizona voted against legalizing recreational pot.
Medical marijuana was also on the ballot for several states. Current projections have North Dakota, Montana, Arkansas and
Florida all expected to approve medical marijuana."
- The Verge
http://www.theverge.com/2016/11/8/13520486/marijuana-legalization-california-election-2016
Akash Patel, president of Cameo, remarks that: "Signing of this LOI does not shift the company's focus on its ongoing
commitment to mineral exploration. However, we expect to complete our due diligence by year end and update our shareholders along
the way."
ON BEHALF OF THE BOARD
Akash Patel, President
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.