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Jasper Mining Corporation Provides Update to the April 29, 2020 Press Release

V.TUK

Calgary, Alberta--(Newsfile Corp. - May 8, 2020) - Jasper Mining Corporation (TSXV: JSP.H) ("Jasper" or the "Company") announces that due to logistics and delays caused by the COVID-19 virus, it is relying on ‎the exemption ‎provided in Alberta Blanket Order 51-517 Temporary Exemption from Certain ‎Corporate Finance Requirements (the "Alberta Order") of the Alberta Securities Commission and ‎similar exemptions ‎provided by the other securities commissions to postpone he filing of the ‎‎following continuous disclosure documents (collectively the "Documents"). ‎

As an update to the press release issued on April 29, 2020, the Company confirms that there has been no material business developments since November 29, 2019, the date of the filing of the interim financial statements and MD&A for the period ended September 30, 2019.

The Company confirms all other matters stated within the April 29, 2020 press release with no other additions or changes. Please refer to the aforementioned press release for the details discussed.

For further information:

Jasper is a Canadian company focusing on the exploration and development of its mining proprieties in interior British Columbia. For further information, please see Jasper's website at: www.jaspermining.com .

For further information, please contact Gordon F. Dixon, Q.C., President, Jasper Mining Corporation. Telephone, +1 (403)-297-9483, email: gdixon43@outlook.com

This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold within the United States unless an exemption from such registration is available.

Cautionary Note

Neither the 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.

Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/55593