Merida Minerals to Commence Trading on the TSX Venture Exchange on April 4, 2022

Toronto, Ontario--(Newsfile Corp. - April 4, 2022) - Merida Minerals Inc. (TSXV: ESPN) ("Merida" or the "Company"), a base metals exploration company focused on mining opportunities in Spain, is pleased to announce that its common shares will commence trading on the TSX Venture Exchange on Monday, April 4, 2022, under the stock ticker symbol "ESPN".

"The listing of Merida's common shares for trading on the TSX Venture Exchange is a great milestone for our Company. We believe we are well positioned to explore high quality base metal opportunities in Spain, a country our team and board has a rich history in," commented Norm Brewster, Chief Executive Officer of Merida. "On behalf of the Board of Directors and the Company, we would like to thank our shareholders and stakeholders in Canada and Spain for their support, as we take this exciting next step in the Merida story," noted Mr. Brewster.

About Merida Minerals Inc.

Merida Minerals Inc is a mineral exploration company focused on mining opportunities in Spain. Merida is currently focused on developing the long-term mining potential of its core asset, the Zinc, Copper, Lead enriched Puebla de la Reina ("PBR") property in the low-risk and historic mining district of Extremadura in Southwest Spain. The PBR property covers an area of 90 km². Merida, through its subsidiary, La Joya, has entered into a purchase agreement with Auplata S.A. to acquire a 100% interest in the PBR property. The management of Merida contains industry veterans who have more than 80 years of mineral exploration and production experience in multiple jurisdictions and have successfully managed multiple international mining companies. This includes in Spain, where some of the team was responsible for the founding and building of Iberian Minerals, with the continued support of the local and regional governments, including the well developed and sophisticated transportation and mining infrastructure.

For more information on Merida Minerals Inc., visit: http://meridaminerals.com/.

Contact:
Rahim Allani
rahim@meridaminerals.com

Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking information can be identified by words such as: "intend", "believe", "estimate", "expect", "may", "will" and similar references to future periods. Examples of forward-looking information include, among others, the future plans of Merida, the expected trading date of the Common Shares on the TSXV, as well as information relating to Merida. Although Merida believes that, in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because Merida can give no assurance that they will prove to be correct. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the risks (i) that the future plans of Merida may differ from those that currently are contemplated; and (ii) that the expected trading date of the Common Shares may change. Additional risks include those disclosed in the Filing Statement, which are incorporate herein by reference and are available through SEDAR at www.sedar.com. The forward-looking statements contained in this news release are made as of the date hereof, and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, except as required by law.

This news release is not an offer of the securities for sale in the United States. The securities described in this news release have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act of 1933, as amended) absent registration or an exemption from registration. This news release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any state in which where such offer, solicitation or sale would be unlawful.

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 news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/119136