Navy Resources Corp. (TSX-V: NVY) (the “Company”) is pleased to announce that it’s non-brokered private placement, as previously announced on August 8, 2019, has been increased.  The Company now intends to issue up to 7,500,000 common shares at a price of $0.10 per common share, for gross proceeds of up to $750,000. The proceeds of the private placement are for the Company's general working capital.

On behalf of the Board of Directors,

“Martin Bajic”
CFO and Director

Neither 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.