Mr. Jeremy Poirier reports

GRIT METALS CORP. ANNOUNCES DEBT SETTLEMENT

Grit Metals Corp. has entered into a debt settlement agreement with Vector Geological Solutions Inc., an arm's-length party, to settle outstanding indebtedness. Pursuant to the debt settlement, the company will issue 625,000 common shares at a deemed price of 12 cents per share in full satisfaction of the $75,000 owing for geological consulting services rendered to the company. The board of directors has determined that completing the debt settlement is in the best interests of the company as it will preserve cash for working capital purposes and strengthen the company's balance sheet. The debt settlement remains subject to TSX Venture Exchange approval. All shares issued will be subject to a hold period of four months and one day from issuance.

About Grit Metals Corp.

Grit Metals is a junior mining company currently focused on the lithium-cesium-tantalum Finnish pegmatite project in central Finland. Governing bodies in Europe and Finland are legislating environmentally friendly and energy independent laws and policies. One of the key components is access to rare earth elements and, specifically, lithium. The company's exploration licences are located within one kilometre of the Keliber mine and production complex, currently under construction and expected to begin production in second half 2025.

An estimated 600-million-euro investment by Keliber's parent company Sibanye-Stillwater Ltd. in partnership with the Finnish Minerals Group is under way in the Kautinen region, and will see the development of open-pit and underground mining from several deposits, construction of a central spodumene concentrator plant, and a lithium hydroxide chemical plant at tidewater in Kokkola. When completed, this complex will comprise a complete hardrock spodumene pegmatite lithium supply chain.

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