Clydesdale Resources Inc. has provided shareholders and investors with an update on timing of the release of its audited financial results for the year ended March 31, 2020. As a result of the COVID-19 pandemic, Clydesdale Resources Inc. anticipates a delay in the filings of its audited annual financial statements for the year ended March 31, 2020, accompanying management's discussion and analysis, and related chief executive officer and chief financial officer certifications. The Company will be relying on BC Instrument 51-517 - Temporary Exemption from Certain Corporate Finance Requirements with Deadlines during the Period of June 2 to August 31, 2020 ("BCI 51-517") enacted by the British Columbia Securities Commission which provides relief consisting of a 45-day extension for certain regulatory filings required to be made during the period June 2, 2020 to August 31, 2020.