Mr. James Rogers reports

CLARITY METALS ANNOUNCES DEBT SETTLEMENT

Clarity Metals Corp. intends to complete a debt settlement with two creditors, pursuant to which it shall seek to issue an aggregate of 5,977,033 units of the company at a deemed price of four cents per unit to settle an aggregate of $239,082 in professional services and advisory fees.

Each unit shall consist of one common share in the capital of the company and one share purchase warrant, with each warrant entitling the holder thereof to acquire one additional share on or before the first anniversary of the date of issuance at an exercise price of five cents per warrant share.

Completion of the debt settlement is subject to receipt of all necessary regulatory approvals, including that of the Canadian Securities Exchange. The securities to be issued will be subject to a hold period expiring four months and one day from the date of issuance in accordance with applicable securities laws.

About Clarity Metals Corp.

Clarity Metals is a Canadian mineral exploration project generator company focused on the acquisition, exploration and development of precious and base metal projects. Clarity Metals' exploration mandate is global and focused on countries with established legal and regulatory systems supporting mining investment. The company is based in Vancouver, B.C., and is listed on the Canadian Securities Exchange under the symbol CMET.

Clarity Metals has entered into an option agreement to acquire 50 per cent of the Lithium381 project adjacent to Allkem Ltd.'s James Bay lithium feasibility stage project. See the Clarity Metals news release dated Dec. 7, 2022.

Additionally, Clarity Metals has title on several early-stage projects in British Columbia and Newfoundland:

• Empirical gold-copper-molybdenite property (6,511 hectares) -- Lillooet, B.C.;
• Tyber gold-copper-silver property (928 hectares) -- southeastern Vancouver Island, B.C.;
• Gretna Green gold-copper-silver property (1,331 hectares) -- Port Alberni, Vancouver Island, B.C.;
• Harp Lake nickel property (3,452 hectares) -- Labrador, Nfld.;
• Eddies Cove MVT property (450 hectares) -- northwestern Newfoundland;
• Hare Bay nickel property (750 hectares) -- northwestern Newfoundland.

We seek Safe Harbor.