Green River Gold Corp. Purchases Permitted Placer Rights on The Swift River

EDMONTON, June 11, 2020 - Green River Gold Corp. (the "Company") (CSE:CCR) (CNSX:CCR.CN) is excited to announce that it has purchased the placer rights to 73.96 hectares (the "Property") along the Swift River approximately 40 kms East of Quesnel B.C. The placer rights straddle the Swift River and have mining permits on each side of the river. This addition brings the Company's total to 6 permitted, rent ready placer mining projects.

One side of the river has had a small mechanical mining operation on it for the past several years. All of the infrastructure is in place and it is essentially ready to mine.

Green River Gold Corp. has also signed a Letter of Intent with respect to renting a 4-hectare portion on the other side of the river in the 2020 mining season to an independent third-party tenant (operator). A monthly rent will be paid to the Company in exchange for the exclusive right to mine the 4-hectares. The cash rent will be negotiated prior to entering into of the Rental Agreement based on 10% of the expected gold production for the season.

The Company will pay for the Property by a combination of $10,000.00 cash as well as the issuance of 300,000 units of the Company ("Units") at a deemed value of $0.06 per Unit. Each Unit will consist of one Common Share of the Company (a "Common Share") and one-half of one Common Share purchase Warrant (each whole Common Share purchase Warrant, a "Warrant"). Each full Warrant will be exercisable to acquire one Common Share (a "Warrant Share") for a period of 24 months following the issue date at an exercise price of $0.10 per Warrant Share.


About Green River Gold Corp.

Green River Gold Corp. acquires and develops placer mining claims and mineral claims.

The Company controls a 100% interest in the flagship Fontaine Gold Project, a 100% interest in the Little Swift Gold Project and a 100% interest in the Sovereign Gold Project. The 8,900-hectare Fontaine Gold Project is situated 12 kilometers southwest of Barkerville. The property includes both placer and hard-rock tenures. The properties straddle an 18 km length of the Barkerville and Quesnel Terranes and are contiguous to Osisko Gold Royalties Cariboo Gold Project (formerly Barkerville Gold Mines). Green River Gold Corp. also distributes equipment for the placer mining industry from its facility in the heart of the Cariboo mining district in Quesnel, BC.

Additional information about Green River Gold Corp. can be found by reviewing its profile on SEDAR at www.sedar.com

Below is a current map of the Company's mining claims:
https://www.thenewswire.com/data/tnw/clients/img/4b510513fff3468c0d227c020c11c07b.png



For more information contact:

Green River Gold Corp.
Mr. Perry Little, President and Chief Executive Officer
780-993-2193



Forward Looking Information: This release contains forward-looking information within the meaning of applicable Canadian securities legislation. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such forward-looking information. In addition, the forward-looking information contained in this release is based upon what management believes to be reasonable assumption. Readers are cautioned not to place undue reliance on forward-looking information as it is inherently uncertain and no assurance can be given that the expectations reflected in such information will prove to be correct. The forward-looking information in this release is made as of the date hereof and, except as required under applicable securities legislation, the Company assumes no obligation to update or revise such information to reflect new events or circumstances.

The securities of the company have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This release is issued for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.