Mr. Johan Grandin reports

CORPORATE UPDATE: BOARD APPOINTMENT AND STOCK OPTION GRANT

iMetal Resources Inc. has appointed Satvir (Saf) Dhillon to its board of directors.

Mr. Dhillon, who was welcomed to the board of directors as of Dec. 5, 2018, has been involved in the development of companies primarily listed on the TSX Venture Exchange for about 20 years. He has held a variety of positions, including investor relations, business development, senior management and board directorships.

As part of the management team at U.S. Geothermal Inc., during his 12-year tenure there, the market capitalization increased from $2-million to $250-million, and it became an independent power producer. Mr. Dhillon is currently the president, chief executive officer and director of Glacier Lake Resources Inc., and he also sits on the board of Equatorial Exploration Corp., UC Resources Ltd., Earl Resources Ltd. and ESI Environmental Sensors Inc., as well as providing his skills and knowledge to several other private and public companies.

On Dec. 13, 2018, the company granted 200,000 stock options at 11 cents to a director of the company, and the options shall vest immediately with an expiry date of Dec. 13, 2023, and are subject to TSX Venture Exchange approval.