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Megawatt Commissions Geophysical Survey for the Cobalt Hill Project, British Columbia, Canada

Exploration Programs

LEGAL_36058574.1

Megawatt Commissions Geophysical Survey for the

Cobalt Hill Project, British Columbia, Canada

Vancouver, British Columbia--(April 20, 2021) - Megawatt Lithium and Battery Metals Corp.

(CSE:MEGA) (FSE: WR20) (OTC PINK: WALRF) (the "Company" or "Megawatt") is pleased to

announce that it has engaged SJ Geophysics of Delta, BC to conduct a 3D Induced Polarity Survey (IP)

at the Company’s Cobalt Hill Project. The Cobalt Hill Property consists of eight mineral claims

covering an area of approximately 1,727.43 hectares located in the Trail Creek Mining Division in the

Province of British Columbia.

SJ Geophysics Volterra system is designed to find the best ground contact resistance, providing data

density far exceeding industry standards. The survey consists of 22.8 line kilometres and is intended

to test a large gold soil anomaly as well as an area where copper – cobalt mineralization was

sampled on the property. The survey is tentatively scheduled to begin late May (weather and

conditions dependent). The results will be combined with the results of the Company’s most recent

sampling programs in order to identify the best drill targets.

David Thornley-Hall, CEO of Megawatt, comments: “We look forward to reviewing the results of our

IP survey at Cobalt Hill. The data modelling will bring us one step closer to defining and prioritizing a

drill program on the property.”

About MegaWatt Lithium and Battery Metals Corp.

MegaWatt is a British Columbia based company involved in the acquisition and exploration of

mineral properties in Canada. The Company holds a 100% undivided interest, subject to a 1.5% NSR

on all base, rare earth elements and precious metals, in the Cobalt Hill Property, consisting of eight

mineral claims covering an area of approximately 1,727.43 hectares located in the Trail Creek Mining

Division in the Province of British Columbia, Canada.

Additionally, the Company has acquired a 60% interest in a company that indirectly holds a 100%

interest (subject to a 2% NSR) in two prospective silver-zinc projects in Australia, being the Tyr Silver

Project and the Century South Silver-Zinc Project (see press release dated August 13, 2020) an

indirect 100% interest (subject to a 1% NSR) in and to certain mining tenements in Northern

Territory and New South Wales, Australia prospective for nickel-cobalt-scandium and rare earths and

a 100% interest (subject to a 2% NSR) in and to the Route 381 Lithium Property, comprised of 40

mineral claims located in James Bay Territory, north of Matagami in the Province of Quebec,

covering 2,126 hectares (see press release dated February 3, 2021).

Investors can learn more about the Company and team at https://megawattmetals.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

David Thornley-Hall Chief Executive Officer

[email protected]

LEGAL_36058574.1

The CSE does not accept responsibility for the adequacy or accuracy of this release.

This press release includes "forward-looking information" that is subject to a number of assumptions,

risks and uncertainties, many of which are beyond the control of the Company. Forward-looking

statements may include but are not limited to, statements relating to the trading of the Company's

common shares on the Exchange and the Company's use of proceeds and are subject to all of the

risks and uncertainties normally incident to such events. Investors are cautioned that any such

statements are not guarantees of future events and that actual events or developments may differ

materially from those projected in the forward- looking statements. Such forward-looking statements

represent management's best judgment based on information currently available. No securities

regulatory authority has either approved or disapproved of the contents of this news release.