Vanity Capital Inc. (NEX Board: VYC.H) ('Vanity') announces that it has been advised that John Archibald, a director of the Company, was issued a Notice of Hearing from the British Columbia Securities Commission (the 'BCSC') published on October 26, 2020 alleging that he made false or misleading statements about how a NI 43-101 technical report dated October 14, 2014 for First Mexican Gold Corp. ('First Mexican') was prepared and his qualifications as a qualified person as defined in NI 43-101.

These allegations have not been proven.

Vanity is not a related issuer to First Mexican and has never conducted business with First Mexican. Mr. Archibald is an independent director of Vanity.

Contact:

Tel: 604-649-6916

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