Mr. Joseph Kizis reports

EQUITY METALS PROVIDES CORPORATE UPDATE

The following incumbent directors were re-elected at Equity Metals Corp.'s annual general meeting held on Jan. 25, 2024: Joseph A. Kizis, Lawrence Page, Killian Ruby, Courtney Shearer and John Kerr. In addition, the shareholders reappointed Davidson & Company LLP, chartered accountants, as auditor of Equity Metals and approved the company's rolling incentive stock option plan, pursuant to which a maximum of 10 per cent of the issued shares will be reserved for issuance under the plan. The plan is subject to TSX Venture Exchange acceptance.

The following officers were reappointed subsequent to the annual general meeting: Mr. Kizis as president, Mr. Page as chairman, Robert Macdonald as vice-president of exploration, Jay Oness as vice-president of corporate development, Mr. Ruby as chief financial officer and Arie Page as corporate secretary.

About Equity Metals Corp.

Equity Metals is a member of the Malaspina-Manex group. The company owns 100-per-cent interest, with no underlying royalty, in the Silver Queen project, located along the Skeena Arch in the Omineca mining division, British Columbia. The property hosts high-grade, precious- and base-metal veins related to a buried porphyry system, which has been only partially delineated. The company also has a controlling joint venture interest (57.49 per cent) in the Monument diamond project, Northwest Territories, strategically located in the Lac De Gras district within 40 km of both the Ekati and Diavik diamond mines. The company also has royalty and working interests in other Canadian properties, which are being evaluated further to determine their value to the company.

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