Mr. Benoit Desormeaux reports

METALLICA METALS ANNOUNCES NAME CHANGE

Metallica Metals Corp. has filed a notice of alteration, with an effective date of Nov. 20, 2023, to change its name to Quebec Rare Earth Elements Corp. The company's new stock symbol on the Canadian Securities Exchange will be QREE, and the company expects its shares will commence trading under the new name and ticker symbol on or about market opening on or about Monday, Nov. 20, 2023.

No action will be required by existing shareholders with respect to the name change. Certificates representing common shares of the company will not be affected by the name change and will not need to be exchanged. The company encourages any shareholder with any questions or concerns to contact the company or to discuss any of the foregoing with their broker or agent.

About Metallica Metals Corp.

Metallica Metals is a Canadian junior mining company listed on the Canadian Securities Exchange (CSE), and its common shares trade under the ticker symbol MM. The company is focused on acquiring and exploring precious-metal and rare-earth properties across Canada. The company is currently exploring and developing its Starr gold-silver project, and Sammy Ridgeline and Richview Pine platinum group metals projects, which are all located adjacent to advanced mining projects in the Thunder Bay mining district of Ontario and its rare-earth properties located in the Waswanipi-Saguenay zone in Quebec.

We seek Safe Harbor.