Bitterroot Resources Ltd. (BTT, TSX-V) (the 'Company') announces that further to its press release dated January 24, 2020, its shares for debt transactions (the 'Debt Settlement') have been approved by the TSX Venture Exchange and an aggregate of 3,481,365 common shares in the capital of the Company (the 'Common Shares') have been issued to certain creditors at a deemed issue price of $0.05 per Common Share to settle an aggregate of $475,083.15 of outstanding debt.

The Common Shares issued in connection with the Debt Settlement are subject to a statutory hold period expiring on the date that is four months and one day after the date of issuance.

Contact:

Tel: 604 922 1351

Email: infoman@bitterrootresources.com

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