File: '\\swfile\EmailIn\20241105 130804 Attachment 2024-11-05-NR_Flow-PPClosing.docx'

1890 - 1075 West Georgia Street

Vancouver, BC V6E 3C9

T: 604-725-1857

FLOW METALS CLOSES FINANCING

Vancouver, BC, November 5, 2024 - Flow Metals Corp. ("Flow Metals" and/or the "Company") (CSE: FWM) is pleased to announce it has closed the non-brokered private placement announced on October 29, 2024 (the "Private Placement"). The Company issued 222,222 common shares (the "Shares") at a price of $0.09 per Share for gross proceeds to the Company of $20,000.

The Company plans to use the net proceeds of the Private Placement for working capital and general corporate purposes.

All securities issued pursuant to the Private Placement will be subject to a four-month and one day hold period which will expire March 6, 2025, pursuant to applicable securities laws of Canada.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Flow Metals

Flow Metals is a mining exploration company focused on advancing two 100% owned road access projects in established mining districts. Sixtymile is a Yukon gold project in the Sixtymile placer district and New Brenda is a copper-silver-molybdenum porphyry project in British Columbia's Quesnel terrane.

For further information, please contact:

Scott Sheldon, President

604.725.1857

scott@flowmetals.com

Forward-Looking Information

This press release may include "forward-looking information" (as that term is defined by Canadian securities legislation), concerning the Company's business. Forward-looking information is based on certain key expectations and assumptions made by the Company's management, including future plans for the exploration and development of its mineral properties, future production, reserve potential, and events or developments that the Company expects. Although the Company believes that such expectations and assumptions are reasonable, investors should not rely unduly on such forward-looking information as the Company can give no assurance, they will prove to be correct. Forward-looking statements contained in this press release may include, but are not limited to, the terms and completion of the Offering, the renouncement of exploration expenditures and use of proceeds. The Company disclaims any intent or obligation to publicly update any forward-looking information (whether because of new information, future events or results, or otherwise) other than as required by applicable securities laws. There are several risk factors that could cause future results to differ materially from those described herein. Information identifying risks and uncertainties is contained in the Company's filings with the Canadian securities regulators, which filings are available at SedarPlus.ca.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this news release.