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Flow Metals Corp (2)
Symbol FWM
Shares Issued 12,871,807
Close 2025-03-05 C$ 0.06
Market Cap C$ 772,308
Recent Sedar Documents

Flow Metals issues 499,998 shares to Sixtymile vendors

2025-03-20 17:20 ET - News Release

Subject: Flow Metals Corp. - News Release for Dissemination Word Document

File: '\\swfile\EmailIn\20250320 134117 Attachment 2025-03-20 - NR - Debt Settlement Final.docx'

1890 - 1075 West Georgia Street

Vancouver, BC V6E 3C9

T: 604-725-1857

FLOW METALS ANNOUNCES CLOSING OF SHARES FOR DEBT

Vancouver, BC - March 20, 2025 - Flow Metals Corp. ("Flow Metals" or the "Company") announces that pursuant to the option agreement dated March 23, 2019 to acquire the Sixtymile Property, it has entered into debt settlement agreements ("Settlement Agreements") with the vendors of the Sixtymile Property to settle the annual advanced royalty payment of $30,000 (the "Debt Settlement").

Pursuant to the Settlement Agreements, the Company has issued an aggregate of 499,998 Common shares at a deemed price of $0.06 per Common share.

In accordance with applicable securities laws, the securities issued pursuant to the Settlement Agreements are subject to a four month hold period expiring on July 21, 2025.

About Sixtymile, Yukon

Sixtymile covers 65 km2 of quartz claim mining tenure over three active placer camps. The project is a 2 hour drive west of Dawson City at the Alaska border. Four gold-bearing creeks on the project have produced over 200,000 ounces of placer gold since the discovery of gold at Sixtymile over 100 years ago.

About New Brenda, British Columbia

New Brenda represents a new road accessible Porphyry style geochemical and magnetic anomaly within the southern BC Quesnel terrane. The Xenoliths Porphyry (XP) target is hosted in the Pennask Batholith also seen at the neighboring Brenda mine to the east. The xenoliths from which XP gets its name are heavily altered Nicola volcanics that have been replaced by biotite.

About Flow Metals

Flow Metals is a mining exploration company focused on advancing two 100% owned road access projects in established mining districts of British Columbia and Yukon.

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 in this press release are made as of the date of this press release. 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 atwww.sedarplus.ca.

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

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