Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF) ("Baselode" or the "Company") is pleased to announce that Mr. Cameron MacKay has been appointed Vice-President, Exploration & Development.

Cameron has been instrumental for the Company's success and discovery of the high-grade Uranium ACKIO zone on the Company's Hook project, as well as managing the technical and logistical requirements for Baselode's project portfolio.  Prior to joining Baselode, Cameron had spent five years with Purepoint Uranium Group (TSXV: PTU) as Senior Exploration Geologist helping delineate the high-grade Uranium Spitfire prospect.  His technical background also includes working as a Senior Bedrock Mapper with the Canada-Nunavut Geoscience Office.  He is currently a member in good standing with the Association of Professional Engineers and Geoscientists of Saskatchewan, and holds an M.Sc. in Geology from the University of Saskatchewan.

"It's been my sincerest pleasure to work closely with Cameron since he joined Baselode in November, 2020.  I've learned a lot from his technical expertise and we have complimented each others strengths.  I'm very happy to have Cameron progress in the Company in a more executive role as his strengths are truly befitting the position," said James Sykes, Baselode's CEO, President & Director. 

About Baselode Energy Corp.

Baselode currently controls 100% of approximately 227,000 hectares for exploration in the Athabasca Basin area, northern Saskatchewan, Canada. The land package is free of any option agreements or underlying royalties.

Baselode's Athabasca 2.0 exploration thesis is focused on discovering near-surface, basement-hosted, high-grade uranium orebodies outside of the Athabasca Basin. The exploration thesis is further complemented by the Company's preferred use of innovative and well-understood geophysical methods to map deep structural controls to identify shallow targets for diamond drilling.

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Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Baselode Energy Corp. assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to Baselode Energy Corp. Additional information identifying risks and uncertainties is contained in the Company's filings with Canadian securities regulators, which filings are available under Baselode Energy Corp. profile at www.sedar.com.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws, unless an exemption from such registration is available.