Mr. Harry Barr reports

NEW AGE METALS INC. PROVIDES AGM UPDATE REGARDING CANADA POST STRIKE

Due to the continuing postal strike in Canada, some New Age Metals Inc. shareholders may experience a delay in receiving the annual general meeting materials. The company's meeting materials have been filed and are available under the company's profile on SEDAR+ and on the company's website. Shareholders are encouraged to access the meeting materials electronically.

Registered shareholders requesting a proxy for the meeting may contact Computershare Trust Company at 1-800-564-6253. Completed and signed proxies should be returned by the proxy cut-off time, 2:30 p.m. EST, Tuesday, Dec. 10, 2024.

Beneficial holders who hold their shares through a broker and have not received their information from Broadridge Investor Solutions should contact their broker representative to request that a proxy be issued for them.

If you would like to request a paper copy of the meeting materials, please contact the company's office at 1-800-667-1870 or 1-613-659-2773. In order to receive a paper copy in time to vote before the meeting, your request should be received by Wednesday, Dec. 3, 2024. Completed proxies may be e-mailed to info@newagemetals.com.

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 (PGE) division and a lithium/rare element division.

The PGE 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 PGE-copper-nickel (PGE-Cu-Ni) 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. is pleased to announce that summer fieldwork has commenced on the company's Winnipeg River-Cat Lake lithium projects of southeastern Manitoba. This work is in conjunction with a research project being carried out across the properties in partnership with the University of New Brunswick and University of British Columbia, and supported by the Manitoba Geological Survey. A budget from June, 2024, to April, 2025, of up to approximately $450,000 has been approved by Mineral Resources, 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.

Management is currently aggressively seeking new mineral acquisition opportunities on an international scale.

We seek Safe Harbor.