Mr. Lawrence Roulston reports

MTB METALS ARRANGES FLOW THROUGH PLACEMENT

MTB Metals Corp. has arranged a flow-through private placement for up to $300,000, priced at 2.5 cents per unit, consisting of one share on a flow-through basis and one-half of a warrant, exercisable for 18 months at five cents into a non-flow-through share. The proceeds will be used exclusively to advance the company's Telegraph and Southmore projects. Up to $80,000 of the proceeds may be paid to non-arm's-length parties for exploration services in the normal course of business.

Lawrence Roulston, chief executive officer, commented, "The further work on our two high-potential projects will add considerable value and bring us closer to having joint venture partners to fund future work."

About MTB Metals Corp.

MTB is advancing two copper-gold projects in the prolific Golden Triangle of Northern British Columbia:

• Telegraph: MTB controls 350 square kilometres of property located in the vicinity of four notable porphyry deposits being advanced by major mining companies: Galore (Teck/Newmont), Schaft (Teck), Saddle (Newmont) and the operating Red Chris copper-gold mine (Newmont). Fieldwork by MTB, together with earlier results, provides compelling evidence for the presence of one or more porphyries, similar to others in the area. MTB has an option to earn 60 per cent of claims representing 27 per cent of the property and controls 100 per cent of the balance of the property.
• Southmore: Southmore is a 50-square-kilometre property that hosts several significant copper and gold occurrences. Surface samples include a sample with 12.7 per cent copper and another with 29.4 grams per tonne (g/t) gold.

MTB also holds royalties on four projects in the Golden Triangle, including two past-producing mines, and it holds 480,072 shares of Dolly Varden Silver.

We seek Safe Harbor.