Mr. Reagan Glazier reports

NEOTECH METALS UNVEILS COMPREHENSIVE ESG STRATEGY FOR SUSTAINABLE GROWTH, TARGETS EXPLORATION PROGRAM TO ADVANCE ECONOMIC POTENTIAL OF TREO PROPERTY AND EXTENDS MARKETING AGREEMENT

Neotech Metals Corp. has developed its environmental, social and governance (ESG) strategy aligned with its ambitious exploration program at the company's flagship TREO property.

"As we gear up our exploration efforts at the TREO and Thor properties, it is imperative that we do so with a keen eye on sustainability, community engagement and corporate responsibility," stated Reagan Glazier, chief executive officer and director of Neotech Metals. "Our ESG strategy is not just a commitment on paper; it's a fundamental approach to how we operate. We are dedicated to ensuring our growth is responsible, aligning with environmental protection, enhancing community well-being and adhering to ethical governance."

Environmental stewardship

At the heart of Neotech's ESG strategy is an unwavering commitment to minimizing environmental impacts. By harnessing cutting-edge technology and industry best practices, the company is dedicated to reducing emissions and optimizing resource use. Regular environmental assessments and strict adherence to sustainable standards are cornerstones of Neotech's operational ethos.

Social engagement

Neotech is deeply committed to fostering positive relationships with local communities. This commitment involves generating meaningful employment opportunities and supporting community development initiatives, particularly in the areas surrounding the TREO property, including Prince George and Bear Lake. "We aim to be more than just a business operating in these areas; we want to be a pro-active and supportive member of these communities," Mr. Glazier emphasized.

Ethical governance

Integrity, transparency and accountability form the pillars of Neotech's corporate governance. By maintaining rigorous compliance with legal and regulatory standards, the company upholds the highest levels of business ethics.

Moving forward, Neotech Metals remains dedicated to advancing its exploration activities at the TREO property while ensuring that every step taken is in harmony with ESG commitments. "Our goal is to unlock the potential of the TREO and Thor properties in a way that benefits not only our company and shareholders but also the environment and the communities we operate in," concluded Glazier.

Neotech Metals exploration focus

Neotech Metals is actively enhancing its understanding of the TREO and Thor properties through a sequential and multiphase exploration initiative. Looking ahead, Neotech is set to broaden its exploration endeavours on both projects. This includes planned airborne-geophysical (radiometric and magnetic) work, additional geological and geochemical mapping/sampling, and drilling, all aimed at further validating the property's potential.

• Thor sampling and surveying program: located 35 kilometres from the Mountain Pass deposit; a comprehensive study, review and confirmation of historical workings;
• TREO summer program: pending permits, an upcoming exploration program consisting of geophysical, geological sampling/mapping and drilling to commence;
• Additional project scoping: comprehensive evaluation of target and project generation both on and off current mineral claims is under way.

Marketing agreement extension

Neotech Metals also announces that it has entered into an agreement with Financial Star News Inc. (FSN) for the provision of marketing services for up to six months commencing on Jan. 17, 2024, provided that the term of the marketing services may be extended or shortened at the discretion of the company depending on, amongst other factors, the efficacy of the marketing services.

The services to be provided by FSN shall include the creation of campaigns, ad groups, text ads, display ads, detailed keyword research, set-up and managing remarketing campaigns, optimizing keyword options, co-ordinating on-line advertisers and marketers, corresponding to on-line marketing targets, creating landing pages for ad campaigns, and generally bringing attention to the business of the company. The promotional activity undertaken by FSN will occur on the Financial Star website landing page and via Google ads and native advertising.

The company will pay a fee of $500,000 (U.S.) (plus GST) for the continuation of the marketing services. The company will not issue any securities to FSN as compensation for its marketing services. As of the date hereof, to the company's knowledge, FSN (including its directors and officers) does not own any securities of the company and has an arm's-length relationship with the company.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Ike Osmani, PGeo, a consultant of the company, who is a qualified person as defined in National Instrument 43-101 -- Standard of Disclosure for Mineral Projects.

About Neotech Metals Corp.

The company is a mineral exploration company based in Vancouver, B.C., which owns 38 rare-earth mineral claims comprising the TREO property, located in Northern British Columbia, Canada. The company also holds options on the EBB nickel-cobalt property in British Columbia, Canada, and 22 mining claims comprising the Thor REE project, an early stage exploration property in the eastern Mojave Desert region, approximately 119 kilometres south of Las Vegas.

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