Mr. Harry Barr reports

NEW AGE METALS ANNOUNCES INVESTOR RELATIONS APPOINTMENT

New Age Metals Inc. has entered into an investor relations employment agreement dated Aug. 15, 2024, to appoint Farid Mammadov as its investor relations service provider.

Pursuant to the agreement, the company will pay Mr. Mammadov a monthly fee of $5,600, will assist Mr. Mammadov with partial costs associated in obtaining certification up to a maximum of $5,775 plus applicable GST and, subject to completion of a 90-day probationary period, will grant Mr. Mammadov stock options in accordance with the company's stock option plan and exchange policies.

The term of this agreement shall be for 12 months and will commence on the date that the company receives exchange approval of the agreement. The agreement may be extended or amended in writing by mutual agreement of the parties. Mr. Mammadov has been an employee of the company since December, 2022, and currently holds 31,673 common shares and 200,000 stock options of the company. The agreement is subject to TSX Venture Exchange approval.

About New Age Metals Inc.

New Age Metals is a junior mineral exploration and development company focused on the discovery, exploration and development of green metal projects in North America. The company has two divisions: a platinum group element division and a lithium/rare element division.

The platinum group metals division includes the 100-per-cent-owned, multimillion-ounce, district-scale River Valley project, one of North America's largest undeveloped platinum group element projects, situated 100 kilometres by road east of Sudbury, Ont. In addition to River Valley, New Age Metals owns 100 per cent of the Genesis platinum-group-element/copper/nickel project in Alaska and plans to complete a surface mapping and sampling program in 2023.

The company's lithium division is one of the largest mineral claim holders in the Winnipeg River pegmatite field, where the company is exploring for hard rock lithium and various rare elements such as tantalum, rubidium and cesium. In conjunction with its farm-in/joint venture agreement with Mineral Resources Ltd. (MinRes) is pleased to announce that summer field work has commenced on the company's Winnipeg River-Cat Lake Lithium Projects of Southeast Manitoba. This work is in conjunction with a research project being carried out across the properties in partnership with the University of New Brunswick, University of British Columbia and supported by the Manitoba Geological Survey. A budget from June, 2024, to April, 2025, of approximately $450,000 has been approved by Mineral Resources Ltd., a top global lithium producer to explore and develop the company's lithium project portfolio in Southern Manitoba. The company's philosophy is to be a project generator with the objective of optioning its projects with major and junior mining companies through to production.

The company is actively seeking an option/joint venture partner for its newly acquired Northman and South Bay lithium projects in Northern Manitoba, and its road-accessible Genesis PGE-Cu-Ni (platinum group element-copper-nickel) project in Alaska.

We seek Safe Harbor.