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BULL.CN ·

21C Metals Further Expands Scale of Palladium Project

Mergers & Acquisitions

Suite 302, 1620 West 8th Avenue, Vancouver, Canada V6J 1V4

+1 (604) 639-4457 | [email protected]

FOR IMMEDIATE RELEASE

21C FURTHER EXPANDS SCALE OF PALLADIUM PROJECT

VANCOUVER, BRITISH COLUMBIA, July 17, 2019 – 21C Metals Inc. (“21C Metals” or the

“Company”) (CSE: BULL) (FRA: DCR1) (OTCQB: DCNNF) is pleased to announce the acquisition

of a significant palladium project in Ontario. The Agnew Lake property was acqui red after discussions

with the C ompany’s advisors and review of the Ontario Government geologi cal data base. The Agnew

Lake property is located 80 kilometres west of Sudbury, Ontario home of Glencore and Vale’s Canadian

Nickel-Copper-Platinum Group Elements mining and smelting operations.

The Agnew Lake property is comprised of over 260 claims (~6000 Ha) and is part of the larger East Bull

Lake-Agnew Lake mafic-ultramafic complex. The Company believes this acquisition will position it to be

one of the larger non-producing palladium explorers in North America.

The Agnew Lake magmas have major element compositions that are very similar to the model parent liquids

proposed for the mafic portions of the Stillwater and Bushveld Complexes. The Agnew Intrusion and the

East Bull Lake Intrusion are also considered to host significant PGE –Cu–Ni mineralization in marginal

rock units (Peck & James, 1990; Peck et al.,1993a, 1993b, 1995; Vogel et al., 1997).

The Company continues explor ation methods on the East Bull p roperty and surface grab sample results

from geological structural mapping should be available in three weeks. (Grab samples are selective in

composition and may not be representative of the total mineralized body). Continuation of exploration will

include evaluation of the Agnew Lake p roperty. Detailed compilation of public data on the Agnew Lake

property has commenced and a search for privately held data has started.

Mr. Garry Clark, P. Geo., of Clark Exploration Consulting, is the “ Qualified Person” as defined in NI 43-

101, who has reviewed and approved the technical content in this press release.

For additional information please contact:

21C Metals Inc.

Wayne Tisdale, President and CEO

T: (604) 639-4455

Investors are cautioned that the estimates do not mean or imply that economic deposits exist on the Property. Other

than as provided for in this press release, the Company has not undertaken any independent investigation of the

estimates or other informat ion contained in this press release nor has it independently analyzed the results of the

previous exploration work in order to verify the accuracy of the information. The Company believes that the

information contained in this press release are relevant to continuing exploration on the Property because they identify

significant mineralization that will be the target of the Company’s exploration program.