Drummond Ventures Corp. ('Drummond' or the 'Company') (TSX Venture: DVX.P), a capital pool company, and Sun Machine Entertainment Inc. ('Sun Machine'), a video game development and publishing company, are pleased to announce that they have received conditional approval from the TSX Venture Exchange (the 'TSXV') for Drummond's previously announced qualifying transaction (the 'Qualifying Transaction'), subject to fulfilling all of the requirements of the TSXV.

Pursuant to the Qualifying Transaction, Drummond and Sun Machine will complete a 'three-cornered' amalgamation under the provisions of the Business Corporations Act (British Columbia), pursuant to which Sun Machine will amalgamate with a wholly-owned subsidiary of Drummond. In connection with the Qualifying Transaction, the common shares of Sun Machine will be converted into common shares of Drummond following the Qualifying Transaction (the 'Resulting Issuer'). Upon completion of the proposed Qualifying Transaction, the Resulting Issuer is expected to meet all of the minimum listing requirements for a Tier 2 Technology Issuer. Closing of the Qualifying Transaction is expected to occur on or about March 13, 2020, or such other date as Drummond and Sun Machine may determine. The completion of the Qualifying Transaction is subject to a number of conditions, including but not limited to receipt of all required regulatory and third-party consents, including final TSXV acceptance, and satisfaction of other customary closing conditions. Trading in the common shares of Drummond will remain halted pending final approval of the TSXV.

About Sun Machine

Sun Machine Entertainment designs, develops, and operates its own original video games, concentrating on IP ownership to maximize value through direct revenue, licensing, and advertising opportunities. Founded in Vancouver, Canada by a team of seasoned industry leaders responsible for numerous bestselling and award winning titles, Sun Machine's debut release, Go BIG, is a casual multiplayer action game with a proven, free-to-play revenue model matching that of today's top-grossing mobile titles.

Completion of the Qualifying Transaction is subject to a number of conditions, including but not limited to, TSXV acceptance. There can be no assurance that the Qualifying Transaction will be completed as proposed or at all. All information in this press release concerning Sun Machine has been provided for inclusion herein by Sun Machine. Although Drummond has no knowledge that would indicate that any information contained herein concerning Sun Machine is untrue or incomplete, Drummond assumes no responsibility for the accuracy or completeness of any such information. Investors are cautioned that, except as disclosed in the Filing Statement, any information released or received with respect to the Qualifying Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a CPC should be considered highly speculative. Certain information in this press release may constitute forward-looking information, including without limitation the completion of the Qualifying Transaction, as well receipt of all necessary approvals in connection therewith. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Drummond assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to Drummond. Additional information identifying risks and uncertainties is contained in the Drummond's filings with the Canadian securities regulators, which filings are available at www.sedar.com.

Contact:

Tel: 236.788.6817

Email: craigvrollins@gmail.com

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