Mr. Michael Winn reports

REVELO RESOURCES CORP: SHAREHOLDER SPECIAL MEETING UPDATE

Revelo Resources Corp. is reminding shareholders to cast their votes by 11 a.m. PT on Wednesday, Jan. 27, 2021, for Revelo's special meeting of shareholders with respect to its proposed merger with Austral Gold Ltd. In light of the continuing public health concerns related to the COVID-19 pandemic and to comply with the measures imposed by the federal and provincial governments, attendance at the special meeting of shareholders scheduled for Thursday, Jan. 28, 2021, at 11 a.m. PT is not recommended, and Revelo strongly urges shareholders to attend by conference call only. Shareholders may attend the special meeting by listening and participating (but not voting) by conference call using the dial-in numbers provided herein.

North America:  1-800-319-7310 (toll-free)

International:  1-604-638-5353 (long-distance charges will apply)

Access code:  95019 followed by the pound key

About Revelo Resources Corp.

Revelo Resources has interests in an outstanding portfolio of projects prospective for gold and copper located along proven mineral belts in Chile, one of the world's top mining jurisdictions. The company has agreed to be acquired by Austral Gold (see news release dated Nov. 12, 2020).