Mr. James Nelson reports

CRUZ BATTERY METALS ANNOUNCES MAIDEN MINERAL RESOURCE ESTIMATE ON ITS SOLAR LITHIUM PROJECT IN BIG SMOKEY VALLEY, NEVADA

Cruz Battery Metals Corp. has received its maiden mineral resource estimate for the 100-per-cent-owned Solar lithium clay deposit in Big Smokey Valley north of Tonopah, Nev. Using a 300-part-per-million-lithium cut-off, the MRE is 50 million tonnes at 608 parts per million Li for 161,000 indicated tonnes of lithium carbonate equivalent (LCE) and 183 million tonnes at 539 ppm Li for 525,000 inferred tonnes of LCE.

James Nelson, president of Cruz Battery Metals, stated: "We appreciate Stantec, a world leader in the industry, preparing our technical report and mineral resource estimate for the Solar lithium project in Nevada. Using the 300 ppm Li cut-off, the MRE is 50 million tonnes at 608 ppm Li for 161,000 indicated tonnes of lithium carbonate equivalent (LCE) and 183 million tonnes at 539 ppm Li for 525,000 inferred tonnes of LCE."

Stantec's base-case MRE at a 500 ppm cut-off grade is 35 million tonnes at 697 ppm Li for 128,000 indicated tonnes of LCE and 103 million tonnes at 641 ppm Li for 352,000 inferred tonnes of LCE. The mineral resource estimate has been prepared by Joan Kester, PGeo, of Stantec Consulting Services Ltd. in conformity with CIM (Canadian Institute of Mining, Metallurgy and Petroleum) Estimation of Mineral Resource and Mineral Reserves Best Practices guidelines and is reported in accordance with the Canadian Securities Administrators' National Instrument 43-101. The Stantec qualified person (Ms. Kester) has direct experience in lithium clay exploration projects in Nevada. Ms. Kester is the qualified person for the American Lithium Corp. TLC lithium project technical reports.

Qualified person

The technical contents of this release were reviewed and approved by Ms. Kester, a Stantec qualified person as defined by NI 43-101.

About Cruz Battery Metals Corp.

In Nova Scotia, Cruz has recently acquired the approximately 5,000-acre South Advocate hydrogen project. Cruz also has the Sterling South gold/copper project in Ontario, Canada. In addition, Cruz currently has several battery-metals-focused projects located in the United States. Cruz's Nevada lithium projects consist of the 4,938-acre Solar lithium project, the 240-acre Clayton Valley lithium brine project and the 580-acre Central Clayton Valley lithium brine 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.