Mr. Tom Drivas reports

APPIA REPORTS ON THE EXERCISE OF 2017 WARRANTS

Of the remaining 5.13 million Appia Energy Corp. warrants exercisable at 30 cents issued pursuant to the private placements that closed on Jan. 20, 2017, and Jan. 30, 2017, 4.52 million warrants have been exercised for proceeds of $1,356,000.

On March 9, 2021, the company announced that the expiry date was accelerated from the earlier of Jan. 20 or Jan. 30, 2022, to April 8, 2021, as a result of the fact that the company's common shares closed at a price of at least 60 cents for 20 consecutive trading days as of March 8, 2021. The 610,000 unexercised 2017 warrants expired on April 8, 2021.

The company is fully financed and committed to completing the largest exploration and diamond drilling program to date during the summer months of 2021. In excess of 5,000 metres are expected to be drilled at Alces Lake this summer.

About Appia Energy Corp.

Appia Energy is a publicly listed Canadian company in the rare earth element and uranium sectors. The company is currently focusing on delineating high-grade critical rare earth elements and uranium on the Alces Lake property as well as prospecting for high-grade uranium in the prolific Athabasca basin on its Loranger, North Wollaston and Eastside properties. The company holds the surface rights to exploration for 65,601 hectares (162,104 acres) in Saskatchewan.

The company also has a 100-per-cent interest (subject to a 1-per-cent uranium production payment royalty and a 1-per-cent net smelter return royalty on any precious metals or base metals payable, provided that the price of uranium is greater than $130 (U.S.) per pound) in 12,545 hectares (31,000 acres) with rare earth element and uranium deposits over five mineralized zones in the Elliot Lake camp, Ontario. The camp historically produced greater than 300 million pounds of triuranium octoxide and is the only Canadian camp that has had significant rare earth element (yttrium) production. The deposits are largely unconstrained along strike and down dip.