Mr. Jason Theiss reports

BRI-CHEM PROVIDES FILING UPDATE

Bri-Chem Corp. has provided an update on the timing of its regulatory filings. As a result of COVID-19 pandemic developments, the Canadian Securities Administrators recently granted blanket relief for all market participants, providing up to a 45-day extension for periodic filings normally required to be made on or before June 1, 2020.

In accordance with the blanket relief, the company will be delaying the filing of its audited annual financial statements or the year ended Dec. 31, 2019, its annual management's discussion and analysis for the corresponding period, the related management certifications of annual filings, and its annual information form. The company expects to be able to complete the filings on or before May 14, 2020, and confirms there have been no material business developments since the release of its third quarter results in November, 2019. The company's insiders and management remain restricted from trading in the company's securities pursuant to the company's insider trading policy that reflects the principles in Section 9 of National Policy 11-207 (Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions).

About Bri-Chem Corp.

Bri-Chem has established itself, through a combination of strategic acquisitions and organic growth, as the North American industry leader for wholesale distribution and blending of oil field drilling, completion, stimulation and production chemical fluids.

We seek Safe Harbor.