Voyageur Mineral Explorers Corp. Grants Stock Options

Toronto, Ontario--(Newsfile Corp. - October 20, 2021) - Voyageur Mineral Explorers Corp. (CSE: VOY) ("Voyageur" or the "Company") announces it has granted an aggregate of 600,000 incentive stock options (the "Options") to directors and officers of the Company under the terms of the Company's incentive stock option plan. Each Option is exercisable into one common share of the Company at an exercise price of $0.47 for a five year term expiring on October 20, 2026. The Options vest immediately and are subject to a four month hold period from the date of issuance thereof. Following the grant, the Company now has a total of 2,605,000 incentive stock options outstanding.

About Voyageur Mineral Explorers Corp.

Voyageur is a Canadian junior mineral exploration company with a specific focus on mineral properties in Northwest Manitoba and Northeast Saskatchewan, Canada. All of the Company's properties are currently at the exploration stage. The Company has assembled a portfolio of base metal and precious metal prospects including strategic locations in the Provinces of Manitoba and Saskatchewan, all of which are 100 percent owned with no option payments or work commitments to a third party. The Company also owns a valuable package of royalties in the prolific Flin Flon greenstone belt.

FOR FURTHER INFORMATION PLEASE CONTACT:

Mr. Fraser Laschinger
President and CEO
Voyageur Mineral Explorers Corp.
Tel: 647-242-5511

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

Forward-Looking Statements

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties, including, but not limited to, exploration results, potential mineralization, statements relating to mineral resources, and the Company's plans with respect to the exploration and development of its properties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Voyageur Mineral Explorers Corp., including, but not limited to, the impact of general economic conditions, industry conditions, volatility of commodity prices, risks associated with the uncertainty of exploration results and estimates, currency fluctuations, dependency upon regulatory approvals, the uncertainty of obtaining additional financing, exploration risk and COVID-19 pandemic related orders. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

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