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AREE.CN ·

Cullinan Metals Appoints John Bean as CFO

Management Changes

CULLINAN METALS CORP.

Suite 2200, 885, West Georgia Street

Vancouver, BC, V6C 3E8

Tel: 403 852-4869

NEWS RELEASE

CULLINAN METALS APPOINTS JOHN BEAN AS CFO

Vancouver, B.C., June 9th, 2022 – Cullinan Metals Corp. (CSE: CMT) (“Cullinan” or the “Company”)

announces the appointment of Mr. John Bean as CFO, effective immediately.

Mr. Bean is an experienced cannabis and real estate sector CFO who provides corporate finance

leadership and strategic business development guidance; and who strengthens corporate

governance.

Mr. Bean was the CFO of Aurora Cannabis Inc. (TSX: ACB), a Canadian federally licensed producer

of medical cannabis, during its first two years as a public company, when it obtained its license

to grow, became licensed to sell, and then received customer revenues. Aurora Cannabis grew

from $100m market capitalization to multi-billion market capitalization under Mr. Bean’s initial

financial stewardship.

Mr. Bean has served on the board of Prescient Mining Corp., which became Aurora Cannabis Inc.,

General Fusion Inc., SyncWave Energy Inc., TAP Ventures Inc., RSI International, BC Technologies

Industry Association, Accenture’s CSTaR (Center for Strategic Technology Research) and Bobolink

Daycare Society for Deaf Children.

Marc Enright-Morin, President of Cullinan said, “We are excited to have someone of John’s

caliber join the team. He is an excellent analyst and strategic thinker who will bring great value

to the company. ”

The company has granted 250,000 stock options to directors, officers, employees and consultants

exercisable at a price of 40 cents per share for a period of five years.

The company has engaged digital marketing agency, FinancialPress, (a Vancouver based media

company), specializing in news, editorial, and video distribution. The contract is for a term of

three months at a cost of $35,000 CAD and will combine a robust strategy of outreach to retail

and institutional investors.

CULLINAN METALS CORP.

Suite 2200, 885, West Georgia Street

Vancouver, BC, V6C 3E8

Tel: 403 852-4869

About Cullinan Metals Corp.

Cullinan Metals Corp. is a Canadian mining and exploration company focused on high quality

copper and gold assets in Europe. The company’s Borba 2 property, which contains four projects,

consists of several advanced mineral occurrences and past producing copper and gold mines. The

concession covers an area of 328.5 square km in one of the most mining friendly areas in

Portugal. All the projects are off main roads and highways with excellent infrastructure.

On behalf of the company,

Cullinan Metals Corp

Marc Enright-Morin, President

For more information, please contact the Company at:

Telephone: 403 852-4869

Forward Looking Statement

This news release contains “forward-looking information” within the meaning of applicable

securities laws relating to the exploration potential of the Properties. Generally forward-looking

statements can be identified by the use of terminology such as “anticipate”, “will”, “expect”,

“may”, “continue”, “could”, “estimate”, “forecast”, “plan”, “potential” and similar expressions.

These forward-looking statements involve risks and uncertainties relating to, among other things,

the lack of recent exploration work on the Properties, results of future exploration and

development activities, uninsured risks, regulatory changes, defects in title, availability of

materials and equipment, timeliness of government approvals, changes in commodity prices and

unanticipated environmental impacts on operations. Although the Company believes current

conditions and expected future developments and other factors that have been considered are

appropriate and that the expectations reflected in this forward-looking information are

reasonable, undue reliance should not be placed on them because the Company can give no

assurance that they will prove to be correct or enduring. Readers are cautioned to not place undue

reliance on forward-looking information. The statements in this press release are made as of the

date of this release. Except as required by law, the Company does not undertake any obligation

to update publicly or to revise any forward-looking statements that are contained or incorporated

in this press release. All forward-looking statements contained in this press release are expressly

qualified by this cautionary statement.