Vancouver - Darelle Online Solutions Inc. ('darelle' and/or the 'Company') (TSXV: 'DAR') today released its interim financial and operational results for the three and nine month periods ended May 31, 2020.

The full text of darelle's second quarter financial results are contained in its unaudited condensed interim consolidated financial statements for the nine-month period ended July 24, 2020 and the related management's discussion and analysis, copies of which are available electronically on darelle's profile on the System for Electronic Document Analysis and Retrieval ('SEDAR') at www.sedar.com and also on darelle's website at www.darelle.com

COVID-19

During the third quarter of the 2020 fiscal year, the global emergence of coronavirus ('COVID-19') occurred and has since become an ongoing pandemic. The long-term repercussions of COVID-19 on the Company's business is presently unknown.

During the third quarter of 2020, once client suspended their raffle program while two others put their committed programs on hold. 'We are seeing renewed interest in online raffle programs as charitable and non-profit organizations seek new alternatives to fundraising in the COVID-19 environment.' said Dean Bethune, President & CEO of the Company.

Transaction Update

On June 26, 2019, the Company announced it had entered into an arm's length binding letter of intent ('LOI') with North Star Holdings ('North Star') in which the securityholders of North Star would acquire control of the Company ('Proposed Page 2 - 2 - Transaction'). Under the terms of the LOI, the Proposed Transaction was to be consummated on or before December 31, 2019. Subsequent to December 31, 2019, the Company signed a number of extensions to the LOI and on June 24, 2020, the Company signed an agreement extending the terms of the LOI until September 30, 2020.

About Darelle Online Solutions Inc.

Darelle Online Solutions Inc. is a British Columbia corporation with its head office in Vancouver, British Columbia. Darelle.com is an online marketplace which has developed a platform in which charitable and nonprofit organizations can create, sell, deliver, and manage their raffle ticket and 50/50 draws completely online. The Company is listed on the TSX Venture Exchange as a Tier 2 Technology Issuer. The Company has a total of 73,708,147 common shares issued and outstanding.

Contact:

Dean Bethune

Tel: (778) 840-3325

Email: dbethune@darelle.com

Certain statements in this release are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance, or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect.

A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, as well as other factors beyond the Company's control. These forward-looking statements are made as of the date of this news release.

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