Mr. Mark Kolebaba reports

ADAMERA MINERALS ANNOUNCES NON-BROKERED FINANCING

Adamera Minerals Corp. has arranged a non-brokered private placement of up to four million units at a price of five cents per unit for aggregate gross proceeds of up to $200,000. Each unit will consist of one common share and one non-transferable warrant, with each warrant entitling the holder to purchase one common share at a price of 10 cents for a period of one year following the closing date. Insider(s) will be participating in the placement.

The warrants are subject to an accelerated expiry date, which comes into effect when the price of the company's common shares on the TSX Venture Exchange closes at a price of 20 cents or more per share during any 10-consecutive-trading-day period, commencing four months plus one day after the date of issuance of the warrants. In such an event, the expiry date will be accelerated to a date that is 30 days after the company's shares trade for 10 consecutive days at or above 20 cents.

The securities issued pursuant to the private placement will be subject to a four-month hold period from the closing date. The company may pay a finder's fee in connection with the private placement, subject to compliance with the policies of the exchange. Completion of the private placement and the payment of any finder's fee remain subject to the receipt of all necessary regulatory approvals, including the approval of the exchange.

The proceeds of the private placement will be used for exploration and general working capital. Specifically, partial use of proceeds will include drilling near hole OS18-02 where a high-grade gold intersection was recently returned (see news release dated Sept. 26, 2018).

Martin St. Pierre, PGeo, a qualified person as defined by National Instrument 43-101 has reviewed data associated with the project.

About Adamera Minerals Corp.

Adamera Minerals is exploring for a stand-alone high-grade gold deposit within hauling distance of an existing mill near Republic, Wash. This area has reportedly produced over six million ounces of high-grade gold. Adamera is the dominant regional explorer in the area.

We seek Safe Harbor.