Mr. Reagan Glazier reports

NEOTECH METALS ANNOUNCES CLOSING OF ITS FLOW-THROUGH FINANCING

Neotech Metals Corp. has closed its non-brokered flow-through financing.

Under the offering, the company issued 1,142,858 flow-through units of the company at a price of 70 cents per FT unit for gross proceeds of $800,000, with each FT unit comprising one common share that qualifies as a flow-through share, as defined in the Income Tax Act (Canada), and one-half flow-through share purchase warrant entitling the holder to purchase one (non-flow-through) common share at a price of 80 cents for a period of three years.

The company paid finders' fees of $56,000 in cash to certain finders in connection with the sale of FT units.

The warrants will be subject to an acceleration provision, whereby if, for any 15-consecutive-trading-day period, the closing price of the company's common shares exceeds $1 per share on the exchange, the company may announce by way of news release that the expiry date of the warrants will be accelerated to 30 days thereafter.

The FT units, including all underlying securities, are subject to a hold period of four months and one day from the date of issue of the FT units. The net proceeds from the sale of the FT units will be used for qualified expenditures in respect of the company's Canadian mineral properties.

About Neotech Metals Corp.

Neotech Metals is a mineral exploration company dedicated to discovering and developing valuable mineral resources in promising regions around the world. With a strong commitment to environmental stewardship and sustainable practices, Neotech is positioned to make a positive impact while maximizing the potential of its exploration properties.

The company is based in Vancouver, B.C., and owns 100 per cent of its Treo rare earth element property, located 90 kilometres northeast of Prince George, B.C., and 100 per cent of its Foothills rare earth element property, located in central British Columbia. The company also holds an option on the EBB nickel-cobalt property in British Columbia, Canada.

We seek Safe Harbor.