Mr. Christopher Huggins reports

COLLECTIVE METALS ANNOUNCES EUROPEAN MARKETING PROGRAM

Collective Metals Inc. has retained the services of Swiss Resource Capital AG (SRC) to undertake European-focused investor relations activities on behalf of the company. SRC is an independent arm's-length entity based in Switzerland that will introduce the company to its European investor network through a comprehensive approach, which involves recording, translating, broadcasting and disseminating news, articles, social media content, interviews and webinars across its digital platforms.

Under the terms of the agreement, the company will compensate SRC 5,000 euros per month for a 12-month term, commencing July 26, 2023. As of the date hereof, to the company's knowledge, SRC (including its directors and officers) does not own any securities of the company and has an arm's-length relationship with the company. The company will not issue any securities to SRC as compensation for its marketing services.

About Collective Metals Inc.

Collective Metals is a resource exploration company specializing in precious metals exploration in North America. The company's flagship property is the Princeton project, located in south-central British Columbia, Canada, approximately 10 kilometres west of the currently producing Copper Mountain mine. The Princeton project consists of 29 mineral tenures totalling approximately 28,560 hectares (70,570 acres) in a well-documented and prolific copper-gold porphyry belt and is easily accessible by road, located immediately west of Highway 3.

The company's Landings Lake lithium project, which is located in Northwestern Ontario where numerous lithium deposits have been delineated to host significant reserves of lithium oxide. The Landings Lake lithium project is located 53 km east of Ear Falls, Ont., and covers 3,146 hectares. The Whitemud project with several identified pegmatite outcrops, neighbours the Landings Lake project and consists of 381 single cell mining claims totalling 7,775 hectares.

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