Mr. Marc Pais reports

ARIZONA METALS CORP. TO BEGIN TRADING ON THE OTCQB UNDER SYMBOL "AZMCF" ON AUGUST 6TH, 2020

Arizona Metals Corp. will begin trading on Aug. 6 on the U.S. Over-the-Counter market under the ticker AZMCF, in addition to Arizona Metals' primary stock exchange listing on the TSX Venture Exchange.

Arizona Metals is also pleased to announce that it has engaged Proconsul Capital Ltd. to provide investor relations services pursuant to a contracting service agreement. The service agreement is dated effective Aug. 1, 2020, and may be terminated by either party on one month's notice. Services provided by the contractor will relate to continuing communications and promotional support for the company's relations with the professional investment community. Pursuant to the service agreement, the company will pay to the contractor a fee of $3,000 per month (plus applicable taxes) and an aggregate of 100,000 stock options to purchase common shares of the company at a price of 80 cents for a period of two years. The options will vest monthly in equal instalments over the course of one year from the date of the service agreement. The contractor is an arm's-length party to the company and, to the company's knowledge, does not currently own any securities of the company as at the date hereof but may purchase securities in the company from time to time for investment purposes. The service agreement is subject to acceptance by the TSX Venture Exchange.

About Arizona Metals Corp.

Arizona Metals owns 100 per cent of the Kay mine property in Yavapai county, which is located on a combination of patented and BLM (Bureau of Land Management) claims totalling 1,300 acres that are not subject to any royalties. A historic estimate by Exxon Minerals in 1982 reported a proven and probable reserve of 6.4 million short tons at a grade of 2.2 per cent copper, 2.8 grams per tonne gold, 3.03 per cent zinc and 55 g/t silver. The historic estimate at the Kay mine was reported by Exxon Minerals in 1982. The historic estimate has not been verified as a current mineral resource. None of the key assumptions and methods used to prepare the historic estimate were reported, and no resource categories were used. Significant data compilation, redrilling and data verification may be required by a qualified person before the historic estimate can be verified and upgraded to be a current mineral resource. A qualified person has not done sufficient work to classify it as a current mineral resource, and Arizona Metals is not treating the historic estimate as a current mineral resource.

The Kay mine is a steeply dipping VMS (volcanogenic massive sulphide) deposit that has been defined from a depth of 60 metres to at least 900 m. It is open for expansion on strike and at depth.

The company also owns 100 per cent of the Sugarloaf Peak property, in La Paz county, which is located on 4,400 acres of BLM claims. Sugarloaf is a heap leach, open-pit target and has a historic estimate of 100 million tons containing 1.5 million ounces gold at a grade of 0.5 g/t (Dausinger, 1983, Westworld Resources).

The historic estimate at the Sugarloaf Peak property was reported by Westworld Resources in 1983. The historic estimate has not been verified as a current mineral resource. None of the key assumptions and methods used to prepare the historic estimate were reported, and no resource categories were used. Significant data compilation, redrilling and data verification may be required by a qualified person before the historic estimate can be verified and upgraded to a current mineral resource. A qualified person has not done sufficient work to classify it as a current mineral resource, and Arizona Metals is not treating the historic estimate as a current mineral resource.

The qualified person who reviewed and approved the technical disclosure in this release is David Smith, CPG.

We seek Safe Harbor.