January 10, 2020 Vancouver, BC -- Heatherdale Resources Ltd. ("Heatherdale" or the "Company") (TSXV: HTR) announces the TSX Venture Exchange (the "TSXV") has advised the Company that it does not meet the Exchange's Tier 1 Continued Listing Requirements. As a result, the Company's classification on the TSXV has changed from Tier 1 to Tier 2.

About Heatherdale

Heatherdale Resources Ltd. is focused on advancing its mine development opportunity at the Niblack Project in southeastern Alaska. For more information on Heatherdale, visit the Company's website at www.heatherdaleresources.com or contact Investor Services at (604) 684-6365 or within North America at 1-800-667-2114.

On behalf of the Board of Directors
David Copeland
Chairman

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