Received by email:

File: '\\office\emailin\20220121 123749 Attachment AMPDV_ PressRelease_Options_ReleaseCandidate_20220121.docx'

AMPD VENTURES INC.
News Release
CORRECTION TO STOCK OPTION TERM 
Vancouver, British Columbia - January 21st, 2022 - AMPD Ventures Inc. ("AMPD" or the "Company", CSE: AMPD | OTCQB: AMP
--->DF | FRA: 2Q0) announces a correction to the news release issued on January 18, 2022 regarding the grant of 625,000 in
--->centive stock options at an exercise price of $0.36 per share to certain employees and an officer of the Company with 
--->an expiry date of three years from grant date.  The Company would like to clarify that out of 625,000 stock options, 2
--->5,000 stock options have an expiry term of three years and 600,000 stock options have an expiry term of 5 years from t
--->he date of grant unless terminated pursuant to the terms of the stock option plan. All other terms of the stock option
---> grant remain unchanged.
ON BEHALF OF THE BOARD OF DIRECTORS

AMPD Ventures Inc.

/s/ "Anthony Brown"

Anthony Brown
CEO & Director
AMPD Ventures Inc.
ir@ampd.tech | Tel: 604-332-3329

For more information on AMPD, please contact:

Investor Relations
Tel: 604-332-3329 ext. 3
ir@ampd.tech

Or visit http://www.ampd.tech

The CSE does not accept responsibility for the adequacy or accuracy of this release.

Cautionary Statement

Certain statements made herein may contain forward-looking statements or information within the meaning of the applica
--->ble Canadian securities laws. Often, but not always, forward-looking statements and forward-looking information can be
---> identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "foreca
--->sts", "intends", "anticipates", or "believes" or the negatives thereof or variations of such words and phrases or stat
--->ements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achiev
--->ed. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or
---> events to differ materially from those anticipated in such forward-looking statements. Such forward-looking statement
--->s should not be unduly relied upon. Actual results achieved may vary from the information provided herein as a result 
--->of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflect
--->ed in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prov
--->e to be correct. The Company does not undertake to update these forward-looking statements, except as required by law.