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Cyon Exploration Ltd. Appoints Mr. Brian Thurston to the Board of Directors

17.02.2021  |  The Newswire
Vancouver, February 17, 2021 - Cyon Exploration Ltd. (the "Company") (TSXV:CYON) (OTC:CYNXF) is pleased to announce the appointment of Mr. Brian Thurston, P.Geo. to the board of directors effective immediately. Mr. Thurston is a professional geologist and holds an honours Bachelor's of Science degree in Geology from the University of Western Ontario. Mr. Thurston has over 28 years' experience working as a geologist around the world including North, Central and South America, Africa and India.

Mr. Thurston was instrumental in the initial exploration, land acquisition and development of Aurelian Resources Ecuador grass roots exploration project that was ultimately acquired by Kinross Gold for $1.2 billion.

The Company also announces the granting of 1,000,000 (one million) stock options to Mr. Thurston with an exercise price of $0.21 per share.

Cyon Exploration Ltd.

Per: "Byron Coulthard"

Byron Coulthard

President & CEO

info@cyonexploration.com

Tel: 1.604.657.7004

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

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES

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