Desert Mountain Energy Sets Date for Conference Call with Management, Annual Meeting Results and Moving Ahead with 40 Acre Parcel for Processing Facilities

The Company is pleased to announce that is has set 4:00 pm EST on 01/21/21 as the time for a conference call with senior management. Callers are welcome to join the Zoom meeting using this link: https://us02web.zoom.us/j/83276358077 The Company is also asking callers to mute their devices unless speaking. It is expected that the CEO will speak for 10-12 mins followed with limited questions. In an effort to cover as many questions as possible, the moderator will permit 15 seconds for a question to be asked, anyone going longer will be cutoff and we will move to the next attendee.

The Company held its annual general meeting last Friday with all matters of record being approved by the quorum of voting shareholders. The Company is moving ahead with the purchase of a forty acre parcel on which to build it processing facilities in Navajo County, Arizona and expects to close shortly.

The Company is also please to announce that it has completed filing with the State of Arizona Procurement Office as a qualified well plugging, emergency plugging and plugging engineering company provider to the Arizona Oil and Gas Conservation Commission and AZDEQ. Principals of the Company have been listed as the approved and licensed emergency well responder and well plugging provider in other states and jurisdictions and is pleased to help provide this specialized service to the State of Arizona.

About Desert Mountain Energy

Desert Mountain Energy Corp. is a publicly traded exploration and resource company focused on the discovery and development of rare earth gas fields in the US. The Company is primarily looking for elements deemed critical to the renewable & green energy sectors and high technology industries.

We seek safe harbor

“Robert Rohlfing”
Robert Rohlfing
Chairman & CEO

For more information, contact:

 ----------------------------------------- |Don Mosher, Vice President of Finance| | |(604) 617-5448                       | | |E-mail:don@desertmountainenergy.com  | | -----------------------------------------

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in polices of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company’s expectations.

Cautionary Note Regarding Forward-Looking Statements

This news release contains “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities legislation. Such forwardlooking statements and information herein include but are not limited to statements regarding the Company’s anticipated performance in the future the planned exploration activities, receipt of positive results from drilling, the completion of further drilling and exploration work, and the timing and results of various activities.

Forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company and its operations to be materially different from those expressed or implied by such statements. Such factors include, among others, changes in national and local governments, legislation, taxation, controls, regulations and political or economic developments in Canada and the United States; financial risks due to helium prices, operating or technical difficulties in exploration and development activities; risks and hazards and the speculative nature of resource exploration and related development; risks in obtaining necessary licenses and permits, and challenges to the Company’s title to properties.

Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the continued operation of the Company’s exploration operations, no material adverse change in the market price of commodities, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or information, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. There can be no assurance that any forward-looking statements or information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company does not intend to, and does not assume any obligation to update such forward-looking statements or information, other than as required by applicable law.