Mr. Tony Reda reports

TECTONIC METALS TO HOST WEBCAST TODAY WITH CRESCAT CAPITAL DISCUSSING THEIR STRATEGIC INVESTMENT AND THE 2023 DRILL PROGRAM AT THE FLAT GOLD PROJECT

Tectonic Metals Inc. will hold a webcast today to discuss recent developments that include:

• Tectonic Metals' launch of its inaugural 2023 Drill Program to unlock the tier-one potential of the Flat Gold Project; and
• Crescat Capital's increased commitment of up to $2 million in additional investment in Tectonic Metals ahead of the 2023 drills program at the Flat Gold Project.

2023 Exploration Program Webcast

Today Tony Reda, President and CEO of Tectonic Metals, and Kevin Smith, Founder and Chief Investment Officer of Crescat Capital, will hold a webcast to discuss Crescat's expanded investment in Tectonic Metals and the upcoming 2023 Exploration and Drilling Program.

The webcast will take place at 11:00 AM Pacific Time, 12:00 PM Mountain Time, and 2:00 PM Eastern Time.

To register for or access the webcast please use this link: https://streamyard.com/watch/mvPD2TGPXsbw

The Flat Gold Project - Alaska's Next Tier 1 Opportunity

Tectonic is currently assessing the Flat Gold Project in partnership with Doyon Limited ("Doyon"), one of Alaska's largest native regional corporations and a significant Tectonic investor. Between 1908 and 1966 approximately 1.4 million ounces of Placer Gold was produced in and around the Flat Gold project. Chicken Mountain is credited as the primary source of this historic placer gold.

Tectonic is currently evaluating this target, which features a four-kilometer long gold in-soil anomaly and 55 historic drill holes, all of which intersected and 25 of which ended in gold mineralization. Preliminary metallurgical analysis to-date has demonstrated rapid leach kinetics and gold recoveries averaging 95% from bottle roll testing (see Tectonic's news release dated February 16, 2023). This, combined with gold intersections at or near surface, suggest Chicken Mountain could represent an open pit, heap leach opportunity. Chicken Mountain is part of a larger geophysical anomaly that appears to represent an 11-kilometer-long intrusion related gold system that incorporates the additional targets of Golden Apex and Chicken Mountain East.

About Tectonic Metals Inc. ("Tectonic" or the "Company")

Tectonic brings a highly disciplined capital allocation and development process to mineral exploration. By consistently limiting their focus to tier 1 opportunities that fit their formula for mine economics, and de-risking projects upfront, the team has established a tremendous track record of success. Members of the Tectonic team have been directly involved in identifying and monetizing several significant gold discoveries throughout N. America that have created a tremendous amount of value for shareholders and stakeholders.

Qualified Person

Tectonic's disclosure of a technical or scientific nature in this press release has been reviewed, verified, and approved by Peter Kleespies, M.Sc., P.Geo., Tectonic's Vice President Exploration, who serves as a Qualified Person under the definition of National Instrument 43-101.

We seek Safe Harbor.