Zenith Exploration Inc. (CSE: 'ZX') ('Zenith' or the 'Company') reports that further to its news release dated April 14, 2020, the Company announces the closing of its non-brokered private placement of units (the 'Offering').

The Company raised in total gross proceeds of $200,000 and sold a total of 10,000,000 units (the 'Unit') at a price of $0.02 per Unit. Each Unit consists of one common share of the Company and one common share purchase warrant, whereby each warrant entitles the holder thereof to acquire one additional common share of the Company for a total period of five years from the date of issuance at a price of $0.05 per share.

As a result of the issuance of 10,000,000 common shares, the number of issued and outstanding commons shares of the Company increased from 28,796,411 to 38,796,411. Brent Hahn, the Chief Executive Officer of the Company, and Barry Hartley, the Chief Financial Officer of Company, each purchased 5,000,000 Units. Their participation in the private placement is considered to be a 'related party transaction' within the meaning of Multilateral Instrument 61-101 ('MI 61-101'). The Company is relying on the exemptions from the valuation requirements pursuant to section 5.5(b)(Issuer not Listed on Specified Markets) and from the minority shareholder approval requirements pursuant to section 5.7(1)(b) (Fair Market Value Not More Than $2,500,000) of MI 61- 101. The proceeds from the Offering will be used for working capital and general corporate purposes. All securities issued pursuant to the Offering are subject to a statutory hold period of four months following the date of issuance, in accordance with the applicable Canadian securities laws.

About Zenith Exploration Inc.

Zenith Exploration Inc. is a resource exploration company that is acquiring and exploring mineral properties.

Contact:

Tel: 604-428-7050

FORWARD LOOKING STATEMENT

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of Zenith Exploration Inc., the raising of additional capital and the future development of the business. The forward-looking information is based on certain key expectations and assumptions made by the company's management. Although the Company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and Zenith disclaims any intent or obligation to update publicly any forwardlooking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

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