Mr. Michael Rowley reports

STILLWATER CRITICAL MINERALS APPLIES FOR WARRANT EXTENSION

Stillwater Critical Minerals Corp. (formerly Group Ten Metals) has applied for TSX Venture Exchange approval to extend the expiry date on certain warrants that are due to expire May 21, 2023. Per the application, 5,233,824 warrants that were originally issued as part of a financing completed in November, 2019, (see news release dated Nov. 21, 2019) will be extended to a new expiration date of Nov. 21, 2023. Each warrant entitles the holder to acquire one common share at an exercise price of 25 cents.

About Stillwater Critical Minerals Corp.

Stillwater Critical Minerals is a mineral exploration company focused on its flagship Stillwater West Ni-PGE-Cu-Co-plus-Au (nickel, platinum group element, copper, cobalt plus gold) project in the iconic and famously productive Stillwater mining district in Montana. With the recent addition of two renowned Bushveld and Platreef geologists to the team, the company is well positioned to advance the next phase of large-scale critical mineral supply from this world-class American district, building on past production of nickel, copper and chromium, and the continuing production of platinum group and other metals by neighbouring Sibanye-Stillwater. An expanded National Instrument 43-101 mineral resource estimate, released January, 2023, delineates a compelling suite of critical minerals contained within five Platreef-style nickel and copper sulphide deposits at Stillwater West, hosting a total of 1.6 billion pounds of nickel, copper and cobalt, and 3.8 million ounces of palladium, platinum, rhodium and gold, and remaining open for expansion along trend and at depth.

Stillwater Critical Minerals also holds the high-grade Black Lake-Drayton gold project adjacent to Treasury Metals' development-stage Goliath gold complex in Northwest Ontario, currently under an earn-in agreement with Heritage Mining, and the Kluane PGE-Ni-Cu-Co critical minerals project on trend with Nickel Creek Platinum's Wellgreen deposit in Canada's Yukon.