22102020 UFO – Capstone Earn-in Agreement RNS Final

Alien Metals Ltd (Alien Metals or the Company), a minerals exploration and development company, is pleased to announce that it has executed an Earn-in Agreement (“Agreement”) with Capstone Mining Corp (Capstone) (TSX: CS) over its Donovan 2 Copper-Gold project (the “Project”) in Mexico (Transaction). Pursuant to the Agreement, Capstone has the ability to acquire up to an 80% interest in Donovan 2 by sole funding the Project up to completion of a Prefeasibility Study.