MUZHU MINING RETAINS MARKET ONE MEDIA GROUP INC.

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Muzhu Mining Ltd.Muzhu Mining Ltd.
Muzhu Mining Ltd.

Vancouver, B.C., April 20, 2022 (GLOBE NEWSWIRE) -- Muzhu Mining Ltd. (CSE: MUZU) (“Muzhu” or the “Company”) is pleased to announce that the Company has entered into a media services contract with Market One Media Group Inc. (“Market One”) with an effective date of April 19, 2022 and executed on April 18, 2022 (the “Media Contract”). In accordance with the terms and conditions of the Media Contract, Market One will be responsible for the administration and management of the Company’s social media platforms as well as engaging with other digital information outlets.

The Media Contract is for a term of one year an provides for total compensation equalling $101,250 plus GST to be paid to Market One in connection with the services contemplated therein.

Donald Baxter, Muzhu Mining’s CEO commented, “We are pleased to form a working relationship with a professional organization like Market One Media Group Inc.”.

QUALIFIED PERSON (QP)

Donald K.D. Baxter, P.Eng., CEO of Muzhu Mining Ltd., is a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects guidelines and has reviewed and approved the content of this news release.

ON BEHALF OF THE BOARD OF DIRECTORS

Donald Baxter, P. ENG

CEO

Muzhu Mining Ltd.

Phone: 1-226-455-5644

Email: info@muzhumining.ca

Muzhu Mining Ltd. is a Canadian publicly traded exploration company with a portfolio of highly prospective projects at various stages of development. Muzhu currently holds a 100% interest in the Sleeping Giant South Project, located in the Abitibi Greenstone Belt, approximately 75km South of Matagami, Quebec. As well, Muzhu has executed an option agreement to acquire up to 80% of the Silver, Zinc, Lead XWG Property in the Henan Province of China.

Neither the Canadian Securities Exchange (the “CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Forward-looking Statements

This press release contains forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and assumptions and accordingly, actual results and future events could differ materially from those expressed or implied in such statements. You are hence cautioned not to place undue reliance on forward-looking statements. All statements other than statements of present or historical fact are forward-looking statements and include but are not limited to statements regarding the performance and completion by Market One of its obligations under the Media Contract. Forward-looking statements include words or expressions such as “proposed”, “will”, “subject to”, “near future”, “in the event”, “would”, “expect”, “prepared to” and other similar words or expressions. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, the Company’s ability to cooperate with Market One to carry out the objectives stated in the Media Contract, and the ability of third-party platforms and providers to complete the requisite services under the Media Contract. Factors that could cause future results or events to differ materially from current expectations expressed or implied by the forward-looking statements include: general business, economic, competitive, political and social uncertainties; the state of capital markets; risks relating to other unforeseen events, developments, or factors causing any of the aforesaid expectations, assumptions, and other factors ultimately being inaccurate or irrelevant; and any risks associated with the ongoing COVID-19 pandemic.

You can find further information with respect to these and other risks in filings made with the Canadian securities regulatory authorities that are available at www.sedar.com. The Company disclaims any obligation to update or revise these forward-looking statements, except as required by applicable law.


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