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Aquila Resources Announces First Quarter 2021 Financial Results TORONTO (BUSINESS WIRE) Aquila Resources Inc. (TSX: AQA, OTCQB: AQARF) (“ Aquila” or the “ Company”) announces the filing of its financial results for the first quarter ended March 31, 2021. All amounts, unless indicated, are reported in US dollars. Guy Le Bel, President & CEO, commented, “Since joining Aquila as President & CEO in February, my focus has been making an already strong project even better. I am pleased with the progress our team is making on the optimized Back Forty Project Feasibility Study, which will demonstrate reduced surface impact and a longer mine life for the benefit of all stakeholders. I continue to be impressed by Michigan as a jurisdiction, notably highlighted by last week’s Senate resolution in support of responsible mining in the State. We look forward to advancing the Back Forty though its next phase of development, while at the same time evaluating opportunities to realize

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