SPEY RESOURCES ANNOUNCES WARRANT AMENDMENT

Vancouver, British Columbia, April 08, 2022 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CNSX:SPEY.CN) (OTC:SPEYF) (FRA:2JS) ("Spey” or the "Company") announces that it has amended the term of 2,975,000 common share purchase warrants (the “Warrants”) that were issued pursuant to a private placement of units of the Company (the “Units”) which closed on April 8, 2021. Each Unit was comprised of one common share of the company and one Warrant, with each Warrant exercisable to purchase one common share at a price of $0.22 until April 8, 2022 (the “Expiry Date”). The Company has extended the Expiry Date of each Warrant to the date that is the earlier of: (i) 30 days after the date the Company’s common shares re-commence trading on ‎the Canadian Securities Exchange; and (ii) October 8, 2022. All other terms and conditions of the Warrants remain the same. Warrant holders are advised that replacement warrant certificates will not be issued and that the original warrant certificate must be presented to the Company in order to effect the exercise of the Warrants.