New Era Minerals Inc. announced that it has received notice from the Government of the Xinjiang-Uyghur Autonomous Region Department of Natural Resources of deficiencies in its application for the extension of the exploration permit for the Company's principal mineral property, the Suyeke North nickel property located in Tuoli County, Tacheng Area, Xinjiang-Uyghur Autonomous Region, People's Republic of China, in which the Company owns an indirect 95% interest. The exploration permit in respect of the Suyeke North Property expired on May 1, 2020 and the Company had applied for a one-year extension prior to expiry and had been awaiting a response to its application. As announced by the Company on May 22, 2020, Mr. Hang Peng of Beijing China, through a holding company, has acquired a 43% equity interest in the Company. Mr. Peng had previously advised the Company that he intended to make changes to the management and the board of directors of the Company. The first of such changes is the appointment of Mr. Peng to the board of directors of New Era. Mr. Peng has also been appointed as Chairman of the Company, replacing Mr. Tianxiang Sun in that position. Mr. Sun will continue to serve as a director. The new appointments are subject to regulatory approval.