Rainforest Resource to Finalize Acquisition of Protected Lands

FOR IMMEDIATE RELEASE

Rainforest Resources Inc. Announces Final Steps in Further Acquisition of Protected Land and Saving a Critically Endangered Bird Species

Miami Florida – (OTC Markets) – Rainforest Resources Inc. (“RRIF”), as announced in the Press Release dated July 7, 2020, has signed a Letter Of Intent (LOI) for the further acquisition of approximately 9,190 hectares of rainforest and highlands property in San Vicente de Cambugan, Ecuador.

The company is informing that is is in the last stages of finalizing the acquisition of these lands and turning them into a new protection area with high biodiversity of endemic flora and fauna.

This company is currently awaiting the verification of titles to the property within the next few days. The company will disclose details of the sales and purchase agreement in detail on the company website, as well as OTC Markets.

The property in San Vicente de Cambugan, Ecuador has a semi-wet equatorial mesothermal climate with four to five climatic floors, located in the hotspot of tropical Andes with various waterfalls, high biodiversity of endemic flora and fauna, and around 45,000 plant species as well as around 3400 vertebrates.

San Vicente de Cambugan is one of the hotspots in Ecuador where many endangered species live such as the Spectacled Bear and a rare species of hummingbird known as the Black-Breasted Zamarrito or Puffleg. According to the International Union for Conversation of Nature (IUCN), the Puffleg is one of the most threatened species in the world, with less than 300 remaining in the wild due to deforestation and climate change. With the acquisition of this protected land, Rainforest Resources takes another step in its mission to save these endangered animals from extinction and keep these important ecosystems intact.

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For further information contact info@rainforestresourcesinc.com

This press release contains certain forward-looking statements that are based on management’s expectations, estimates, projections and assumptions. Words such as “expects,” “anticipates,” “plans,” “believes,” “schedules,” “estimates,” and variations of these words and similar expressions are intended to identify forward-looking statements, which include but are not limited to revenue projections, earnings, segment performance, cash flow, contract awards, and stability. Forward-looking statements are made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast due to a variety of factors beyond the control of management. All forward-looking statements speak only as of the date of this release, or, in the case of any documents incorporated by reference, the date of that document. All subsequent written and oral forward-looking statements attributable to the company or any person acting on the company’s behalf are qualified by the cautionary statements in this section. The company does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances, or changes in expectations after the date of this report.

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