Vancouver, British Columbia–(Newsfile Corp. – August 10, 2020) – Silver Dollar Resources Inc. (CSE: SLV) (“Silver Dollar” or the “Company”) is pleased to report that, further to the news release of June 19, 2020, it has executed a definitive option agreement (the “Definitive Agreement”) with First Majestic Silver Corp. (“First Majestic”), wherein Silver Dollar has been granted an exclusive option to acquire an initial 80% interest, and if exercised, a second option to acquire an additional 20% interest for an aggregate 100% interest in First Majestic’s La Joya silver-copper-gold property (the “Property”). The Property, located in the south-eastern portion of the State of Durango in the Mexican Silver Belt (see Figure 1), consists of 15 mineral concessions totalling 4,646 hectares and hosts the Main Mineralized Trend (MMT), Santo Nino and Coloradito deposits.