Radisson Mining {TSX.V: RDS}

Have announced the temporary cessation of all exploration activities due to the Covid-19 virus, until April 13th 2020.

Confirmed that management have added to their position in the company and now hold 10.84% of the company.

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Radisson Mining {TSX.V: RDS}

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Rouyn-Noranda, Quebec: Radisson Mining Resources Inc. (TSX-V: RDS} announces today that in response to the order of the Government of Quebec to close all non-essential businesses until April 13, 2020 it has suspended exploration activities at the 100% owned O’Brien gold project located along the Larder-Lake-Cadillac Break, halfway between Rouyn-Noranda and Val-d’Or in Abitibi-Temiscamingue, Quebec.

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To date, Radisson has had no suspected or confirmed cases of COVID-19 and had implemented a specific COVID-19 protocol on March 12 to protect its employees. The health and safety of Radisson’s employees, their families and the communities in which we operate remains the main priority of the company. Radisson wishes to thank its employees, consultants, contractors and stakeholders for their support and understanding, and looks forward to resuming activities as soon as possible, in adherence to all legal and regulatory frameworks.

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Following government directives, the Company has also implemented teleworking for all its departments. During this period, the team will continue to work remotely and as efficiently as possible, taking the opportunity to interpret data, optimise processes to ramp-up activities when the situation improves.

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Insiders buying

With more than $7 million in treasury, Radisson remains well-financed. Since the beginning of 2020, insiders of the Company have acquired a total of 1,250,400 shares of the Company on the Toronto Venture Stock exchange, increasing Management & Insider ownership to a total of 10.84%.

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