Mr. Tony Reda reports

TECTONIC METALS INC. APPROVES ADVANCE NOTICE POLICY

Tectonic Metals Inc.'s board of directors has adopted an advance notice policy.

The purpose of the advance notice policy is to establish a process that provides shareholders, directors and management of the company with direction on the nomination of directors. This advance notice policy is the framework by which the company seeks to fix a deadline by which holders of record of common shares of the company must submit director nominations to the company prior to any annual or special meeting of shareholders, and sets forth the information that a shareholder must include in the notice to the company for the notice to be in proper written form.

For all subsequent meetings of shareholders of the company, the notice of a shareholder nominating a director to the corporate secretary of the company must be made:

• In the case of an annual meeting of shareholders, not less than 30 days prior to the date of the annual meeting of shareholders, provided, however, that in the event that the annual meeting of shareholders is to be held on a date that is less than 50 days after the date on which the first public announcement of the date of the annual meeting was made, notice by the nominating shareholder may be made not later than the close of business on the 10th day following the notice date in respect of such meeting;
• Or in the case of a special meeting (which is not also an annual meeting) of shareholders called for the purpose of electing directors (whether or not called for other purposes), not later than the close of business on the 15th day following the day on which the first public announcement of the date of the special meeting of shareholders was made.

The advance notice policy is effective immediately. At the next annual meeting of shareholders, the company is seeking shareholder approval and ratification of the advance notice policy. In the event that shareholders determine not to ratify the advance notice policy by ordinary resolution, the advance notice policy shall terminate, and be void and of no further force and effect, following the termination of the meeting.

The full text of the advance notice policy is available via SEDAR+ upon request by contacting Oliver Foeste, the corporate secretary of the company, by e-mail at Ofoeste@TectonicMetals.com. Further details on the meeting and the advance notice policy will be contained in a management information circular to be mailed to shareholders of the company in connection with the next annual meeting of shareholders. The management information circular will also be available on SEDAR+.

Stock option grant

The company also announces that it has granted a total of 110,000 incentive stock options to new employees of the company to purchase up to 110,000 common shares in the capital of Tectonic. The stock options have an exercise price of $2.40 per option share, vest over a 36-month period in three equal instalments every 12 months from the grant date and expire five years from the grant date.

We seek Safe Harbor.