Mr. James Nelson reports

CRUZ BATTERY PROVIDES CORPORATE UPDATE

Cruz Battery Metals Corp. has granted a total of 1.05 million stock options to its directors, officers and consultants at an exercise price of eight cents per share for a period of 12 months. The company also granted a total of 5.31 million restricted share units to its directors, officers and consultants. The RSUs vest as follows: 40 per cent on the date of grant, 20 per cent on three months, 20 per cent on six months and 20 per cent on nine months. The options and the RSUs have been granted in accordance with the company's omnibus equity incentive plan and the policies of the Canadian Securities Exchange.

About Cruz Battery Metals Corp.

Cruz currently has several projects located throughout North America. Cruz's Nevada lithium projects consist of the 8,135-acre Solar lithium project and the 240-acre Clayton Valley lithium project. Cruz's 6,146-acre Hector cobalt project is located in the vicinity of the town of Cobalt, Ont., which is prospective for cobalt, silver and diamonds. Cruz's Idaho projects include the 2,211-acre Idaho cobalt belt project and the 80-acre Idaho Star cobalt project. Management cautions that past results or discoveries on properties in proximity to Cruz may not necessarily be indicative of the presence of mineralization on the company's properties.