K2 Gold

Mich Resources Announces Appointment of Additional Director

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VANCOUVER, BC, March 31, 2021 /CNW/ - Mich Resources Ltd. (CSE: MICH) (the "Company") announces that Szascha Lim, the Company's CFO and Corporate Secretary, has been appointed as a director of Mich Resources Ltd. All existing directors will remain on the Board. In connection with this appointment, Ms. Lim has been granted 50,000 incentive stock options at a price of $0.27 per share, exercisable for a period of 10 years, subject to CSE approval.

On behalf of Mich Resources Ltd.

"Mark T. Brown"       
Chief Executive Officer

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

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