Calyx Announces New Board Appointment

Vancouver, British Columbia--(Newsfile Corp. - June 10, 2020) - Calyx Ventures Inc. (TSXV: CYX) (the "Company") is pleased to announce the appointment of Derek Rathbun as a director of the Company. Mr. Rathbun replaces Graeme Watson who has stepped down from the board.

"I would like to thank Mr. Watson for his time and service on the Calyx board and wish him all the best in his future endeavors". commented Roger Forde, Chairman and CEO of the Company.

Mr. Rathbun has over 20 years of experience developing businesses for resale. His first successful acquisition was in the clothing industry where he exclusively produced game jersey's and sports apparel for a nationally televised professional baseball league. Shortly after he had a successful run of importing novelty motorcycles but eventually ended up in the technology sector which is where he has been focused since 2005. During that time, he has started numerous successful technology ventures from the ground up primarily in the automotive space. Mr. Rathbun has taken multiple ventures from concept to acquisition.

Mr. Rathbun's skill is multifaceted and effective in conceptualizing software solutions, developing new technologies, building and developing technology teams, creating dynamic sales processes while implementing innovative marketing strategies to maximize brand awareness.

Roger Forde, Chairman and CEO of the Company commented, "I would like to welcome Mr. Rathbun to the Calyx board and look forward to his experience and wisdom as we move into the next phase of our business plan".

For further information about Calyx, please visit www.calyxbio.com or contact:

Roger Forde
President and Chief Executive Officer
Calyx Ventures Inc.

Tel: 604.880.8822
Email: rogerf@calyxbio.com

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.

This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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