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CORPORATE UPDATE FOR DESERT MOUNTAIN ENERGY CORP.

Desert Mountain Energy Corp is pleased to announce the following corporate update resulting from the forced conversion of 2 series of warrants attached to the Company’s October financing.

DESERT MOUNTAIN ENERGY BEGINS OPERATIONS ON WELL #4

The Company is pleased to announce that it has began operations on well #4 located near in the State of Arizona in the Holbrook Basin.

DESERT MOUNTAIN ENERGY FILES WITH USFCR

The Company is pleased to announce that it has filed documents with the United States Federal Contractor Registration.

DESERT MOUNTAIN ENERGY SECURES PERMIT FOR WELL

The Company is pleased to announce that the Arizona Oil & Gas Conservation Commission has granted Desert Mountain Energy Corp. the permit to drill another exploratory helium well in NE Arizona.

OTC Markets Group Welcomes Desert Mountain Energy Corp. to OTCQX

OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced Desert Mountain Energy Corp. (TSX-V: DME; OTCQX: DMEHF), a resource company…

DESERT MOUNTAIN ENERGY ACCELERATES PRIVATE PLACEMENT WARRANTS ISSUED ON OCTOBER 2, 2020 AND OCTOBER 14, 2020 TO NO LATER THAN MAY 24, 2021

Desert Mountain Energy Corp. (“DME” or the “Company”) announces it is exercising its right to accelerate the expiry of all of the 8,203,062 warrants (the “Warrants”) issued under its private placements which closed on October 2nd and 14th, 2020.

DESERT MOUNTAIN ENERGY ANNOUNCES THE APPOINTMENT OF DR. KELLI WARD TO THE BOARD OF DIRECTORS

The Company is pleased to announce that in its ongoing efforts to actively seek out the most qualified and diverse board members in keeping with corporate policy, Dr. Kelli Ward has agreed to join the Board of Directors.