AMV is a mineral exploration company that is primarily engaged in the acquisition and evaluation of

AMV CAPITAL CORPORATION

Suite 200, 551 Howe Street Vancouver, British Columbia V6C 2C2

DIRECTOR RESIGNATION

Vancouver, BC, Canada – August 5, 2022 – AMV Capital Corporation (AMV: TSX-V) (“AMV” or the “Company”) announces that on August 4, 2022 David Forest tendered his resignation as a director of the Company. The Company thanks Mr. Forest for his contributions to the Company.

About AMV Capital Corporation

AMV is a mineral exploration company that is primarily engaged in the acquisition and evaluation of mineral exploration properties. The Company owns the Sage Property, an early-stage mineral exploration property near Kamloops, British Columbia. AMV’s common shares trade under the symbol “AMV” on the TSX-V.

For more information, please contact:

Qiang Sean Wang, Chief Executive Officer and Director Tel: 604 683-8610

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.