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ERKA.CN ·

Scout Minerals Corp. Announces Appointment of New Director and Grant of Options

Management Changes Share Capital & Compensation

VANCOUVER, British Columbia, August 24, 2022 – Scout Minerals Corp. (CSE: SCTM) (the “Company”) is pleased to announce that, effective August 9, 2022, the Company has appointed Meissam Hagh Panah to its board of Directors.

Mr. Hagh Panah brings 10 years of international affairs and business development experience in a variety of industries with a special focus in the past few years on the Cannabis & Hemp sector in Québec and worldwide.

The Company also announced that Roger Blair has resigned as a Director of the Company. The board wishes to thank Mr. Blair for his valuable contribution to the Company.

Option Grant

The Company also announces that it has granted 105,000 incentive stock options (the "Options") to certain executive officers and directors. The Options have an exercise price of $0.10 per share and will be exercisable until August 24, 2025. 80,000 Options will vest over nine months.

About Scout Minerals Corp.

Scout Minerals Corp. is a junior mining company engaged in the acquisition, exploration and development of mineral properties. The company is currently focused on the McKinney Property located in the Osoyoos mining division of British Columbia.

Contact Information

For more information, please contact:

Jeffrey Wilson– Chief Executive Officer E-mail: [email protected]

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

This press release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward looking information can be found in the company’s disclosure documents on the SEDAR website at www.sedar.com. The company does not undertake to update any forward-looking information except in accordance with applicable securities laws.