Camrova Resources Inc. announce that it has entered into a non-binding letter of intent dated January 21, 2019 with Armex Mining Corp. to acquire a 50% undivided interest in certain mining assets comprising the Goldstream Mine Project located near Revelstoke, British Columbia. The Armex Transaction is a critical step towards Camrova's efforts to refocus its growth strategy and accelerate shareholder value appreciation. Upon the completion of the transactions herein, Camrova is referred to as the "Resulting Issuer". The Armex Letter of Intent contemplates the proposed acquisition by Camrova of a 50% undivided interest in and to certain mining assets of Armex comprising the Goldstream Mine Project, including the real property, mining leases, exploration claims, machinery, core sampling, data and licenses related thereto (the "Armex Assets"). Subject to a number of conditions including obtaining the required approvals from the TSX Venture ("TSXV") and the receipt of a sufficient independent valuation report, Camrova intends to issue up to 120,000,000 post-consolidated common shares to Armex as full consideration for the Armex Transaction (the "Armex Consideration Shares").