Inform Confirms Name Change to Apollo Gold

Vancouver, British Columbia – May 22, 2020 – Inform Resources Corp. TSX.V: IRR
(“Inform” or the “Company”) announces that, further to its news release dated May 14, 2020,
the TSX Venture Exchange (“TSX-V”) has approved the Company’s proposed name change (the “Name Change”) to “Apollo Gold Corp.”. The effective date for the Name Change is scheduled to be on May 26, 2020. Upon completion of the Name Change, the common shares of the Company will be listed for trading on the TSX-V under the symbol APGO with CUSIP number 03768L109.

On behalf of the Board of Directors
INFORM RESOURCES CORP.

“Simon Clarke”
Simon Clarke, Chief Executive Officer
For further general information, please contact Simon Clarke at 604-551-9665.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding “Forward-Looking” Information

Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in the Company’s periodic filings with Canadian securities regulators. When used in this news release, words such as “will”, “could”, “plan”, “estimate”, “expect”, “intend”, “may”, “potential”, “appear”, “should,” and similar expressions, are forward-looking statements.

Although Inform Resources Corp. has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. As a result of these risks and uncertainties, the results or events predicted in these forward looking statements may differ materially from actual results or events.

Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this news release, and the Company disclaims any intention or obligation to update or revise such information, except as required by applicable law.

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