Mr. Nav Dhaliwal reports

BLUEBIRD INTERSECTS 8.0 METRES OF 1.03% VANADIUM MINERALIZATION AT CANEGRASS PROJECT, WESTERN AUSTRALIA

Bluebird Battery Metals Inc. has discovered new high-grade vanadium mineralization from the phase 1 exploration program at the company's Canegrass project in Western Australia.

Highlights from drilling results:

• Results demonstrate that vanadium mineralization extends from surface to downhole depths of over 100 metres and over 300 metres in lateral extents.
• A considerable strike extent of 4,500 metres defined from drilling, rock chip sampling and magnetic surveys strongly supports potential of defining near-surface vanadium resource.

           ASSAY RESULTS BBRC001 TO BBRC005
  
Hole ID         From        To     Interval (1)      V2O5  
                  (m)       (m)             (m)        (%)

BBRC001         0.00    102.00          102.00       0.36         
including      35.00     55.00           20.00       0.49         
and            64.00     81.00           17.00       0.78         
including      72.00     80.00            8.00       1.03         
BBRC002         0.00    121.00          121.00       0.31         
including      38.00     61.00           23.00       0.46         
and           100.00    119.00           19.00       0.53         
including     110.00    119.00            9.00       0.68         
BBRC003         0.00     85.00           85.00       0.16         
including      32.00     34.00            2.00       0.48         
BBRC004        25.00     78.00           53.00       0.23         
including      39.00     42.00            3.00       0.39         
and            62.00     63.00            1.00       0.63         
BBRC005         8.00     63.00           55.00       0.21         
including      30.00     38.00            8.00       0.58         
including      35.00     38.00            3.00       0.88         

(1) The intervals noted in the table are measured 
down hole and are not true widths. There is insufficient 
information at this time to determine the true width 
of the mineralized zone.

Results for five reverse circulation holes drilled near VTEM-08 have been received. The holes were drilled on one section and spaced 80 metres between holes. The initial hole on the section BBRC001 targeted the VTEM-08 anomaly to evaluate for potential magmatic nickel-copper sulphide mineralization. Results were reported on Oct. 15, 2018. The remaining four holes on the section targeted a broad, elongate, coincident rock geochemical surface anomaly and magnetic anomaly measuring 4,500 metres by 500 metres. Historical sampling by Maximus Resources Ltd. returned over 325 samples exceeding 1.0 per cent vanadium pentoxide (V2O5) (not verified by Bluebird). Drilling has confirmed the depth potential of the mineralization to extend to over 100 metres.

Gary Nassif, president of Bluebird, commented: "We are very pleased with the initial drill results from our vanadium target at Canegrass. The results suggest that there is potential to define a substantial, near-surface vanadium resource. Vanadium prices have seen strong upward momentum in the past year and long-term fundamentals suggest there is potential for continued price appreciation, a result of vanadium's increasing use in battery technology. With over 4,500 metres of defined strike length along the same trend hosting our recent nickel-copper-cobalt discoveries, we believe there are significant synergies that we can exploit while exploring the trend, reducing our exploration costs and increasing our potential resource growth as we can evaluate the magmatic nickel-copper sulphide and vanadium potential simultaneously."

The surface vanadium anomaly parallels the Wyemandoo shear and the Sheperds Discordant zone (SDZ), both of which are major regional structural features transecting the Canegrass project area. Historical sampling by Maximus returned 325 samples greater than 1 per cent V2O5, averaging 1.21 per cent V2O5.

Holes BBRC001 through BBRC005 test a 320-metre width across the surface anomaly. The results indicate that the V2O5 mineralization is extensive, extending across the entire drill section from surface to depths in excess of 100 metres. V2O5 grades appear to decrease moving from east to west, away from the Wyemandoo shear/SDZ, with the highest grades and longest intervals returned in holes BBRC001 and BBRC002. The higher-grade mineralization is directly related to increased magnetite content in the host rocks.

Directly to the north of Bluebird's Canegrass property is the fully permitted and constructed Windimurra vanadium mine owned by Atlantic Vanadium Pty. Ltd. Atlantic Vanadium acquired the mine in 2016 with the intention of re-establishing production. The mine complex is reported to have a historical capital investments of $500-million (Australian). Vanadium mineralization at Atlantic Vanadium is coincident with the SDZ and has been traced for over 27 kilometres to the northern boundary of Bluebird's Canegrass tenements. The resource at Atlantic is 235 million tonnes at 0.49 per cent V2O5 MI&I (combined measured, indicated and inferred) and has disclosed vanadium grades in outcrop of up to 0.8 per cent V2O5 along the southernmost expression of the SDZ, similar to the grades identified in surface outcrop sampling reported by Maximus.

A recent high-resolution airborne magnetic survey completed by Bluebird on the Canegrass tenements has traced the magnetic trend associated with the SDZ for a further 9.4 kilometres north-south across the Canegrass property. The magnetic trend dominates the airborne magnetic response and the company believes it is an excellent tool to assist in drill targeting.

About vanadium

Vanadium is primarily used as an additive in steelmaking to increase the hardness of steel. Globally, 85 per cent of vanadium production is used in steelmaking. Vanadium is seeing increased use in battery production, with many experts predicting that vanadium flow batteries are the best solution to store electricity in conjunction with alternative energy sources such as wind and solar power. Exponential increase in vanadium price this year, combined with increasing utility of vanadium as energy storage medium, provides compelling investment thesis.

About the Canegrass project

The 4,200-hectare project is located within a highly prospective geological setting, where historical exploration drilling intersected anomalous nickel-cobalt-copper mineralization at two locations within the property footprint. Airborne VTEM (versatile time-domain electromagnetic) identified 14 geophysical anomalies in 2013. Historical drilling in 2014 at two of the identified targets (CG-02 and CG-039) intersected anomalous nickel-cobalt-copper mineralization in nine of 10 holes. Downhole electromagnetic (EM) surveys identified off-hole anomalies that have been confirmed by recent surface EM surveys completed earlier this year. The company's 2018 phase 1 drill program targeted off-hole anomalies at CG-02 and CG-039 targets and surface EM anomalies at targets VTEM-08 and VTEM-06. The 4.5-kilometre magnetite-rich-gabbro-norite zone has yielded historical surface rock-chip samples that returned anomalous V2O5 grades in excess of 1 per cent. The program has been extremely successful to date, confirming both nickel-copper-cobalt and V2O5 mineralization.

Quality assurance/quality control

Bluebird's exploration programs are supervised by qualified persons responsible and accountable for the planning, execution and interpretation of all exploration activity. Bluebird has quality assurance and quality control systems in place to ensure that National Instrument 43-101 and industry best practices are followed for drilling, sampling, analysis and reporting. Please refer to the quality assurance/quality control section of Bluebird's press release dated Oct. 15, 2018, for details on the current protocols in place.

The technical content of this news release has been reviewed and approved by Wes Hanson, PGeo, a director of the company and a qualified person pursuant to NI 43-101.

Subject to TSX Venture Exchange acceptance, the company has retained Venture Liquidity Providers Inc. to initiate its market-making service to provide assistance in maintaining an orderly trading market for the common shares of the company.

The market-making service will be undertaken by Venture Liquidity Providers through registered broker W.D. Latimer Co. Ltd. in compliance with the policies of the TSX-V and other applicable laws. For its services, the company has agreed to pay Venture Liquidity Providers $5,000 per month for a period of 12 months. The agreement may be terminated at any time by the company or Venture Liquidity Providers. The company and Venture Liquidity Providers act at arm's length, and Venture Liquidity Providers has no present interest, directly or indirectly, in the company or its securities. The finances and the shares required for the market-making service are provided by W.D. Latimer. The fee paid by the company to Venture Liquidity Providers is for services only.

About Bluebird Battery Metals Inc.

Bluebird Battery Metals is a Canadian publicly listed company focused on the exploration and development of strategic battery metal projects, primarily cobalt and nickel. Bluebird's goal is to pursue a business model that offers direct and long-term leverage to the price appreciation in nickel and cobalt, two principal materials in electric vehicle batteries. The company plans to become a leader in the battery metal sector as cobalt is currently in a global supply deficit, has a vulnerable supply chain and is part of an emerging sector with extraordinary potential. Bluebird is advancing its portfolio of battery-metal-focused assets in Western Australia and is currently reviewing new acquisition opportunities to add to the company's project portfolio.

We seek Safe Harbor.