GSP RESOURCE CORP. GRANTS STOCK OPTIONS

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News Release – Vancouver, British Columbia – August 17, 2020: GSP Resource Corp. (TSX-V: GSPR) (the “Company” or “GSP”) has granted an aggregate of 490,000 stock options to consultants, management, and directors of the Company.  The stock options are exercisable to acquire common shares at an exercise price of $0.32 per common share for a term of five years, pursuant to the terms of the Company’s stock option plan.

About GSP Resource Corp.: GSP Resource Corp. is a mineral exploration & development company focused on projects located in Southwestern British Columbia.  The Company has an option to acquire a 100% interest and title to the Alwin Mine Copper-Gold-Silver Property in the Kamloops Mining Division, as well as an option to acquire 100% interest and title to the Olivine Mountain Property in the Similkameen Mining Division.

Contact Information – For more information, please contact:

Simon Dyakowski, Chief Executive Officer & Director

Tel: (604) 619-7469

Email: simon@gspresource.com

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