SHAWN HOOD

GoldSpot Discoveries Corp. Announces New Chief Technology Officer TORONTO, ON – July 15, 2020 –GoldSpot Discoveries Corp. (TSXV: SPOT) (the “Company” or “GoldSpot”) is pleased to announce today the appointment of Shawn Hood, Ph.D., M.Sc., P.Geo, as Chief Technology Officer (CTO). Shawn is a designated Professional Geoscientist in Economic Geology with hands‐on mineral exploration and mining experience spanning 15 years. He was most recently the Vice President of Technical Services to GoldSpot, working across project management and client servicing. In his new role, Shawn will oversee GoldSpot’s technology strategy as it applies to research and development, project success, and data management strategies. Prior to joining GoldSpot, Shawn’s roles have included greenfield and brownfield exploration, open pit and underground mining, and academic research. With a broad base of experience in base‐ and precious‐ metals, Shawn strives to merge novel and practical solutions with traditional geological approaches, and to maximize value for GoldSpot’s clients and to GoldSpot’s investment base. Along with his appointment, pursuant to the Company’s stock option plan and subject to TSX Venture Exchange approval, the Board has granted 500,000 stock options to Mr. Hood exercisable at $0.18 per common share for a term of five years (“Stock Options”)