Bathurst Metals Announces Completion of Shares for Debt Transactions

October 9, 2020 PRESS RELEASE TSX-V: BMV.H

BATHURST METALS ANNOUNCES COMPLETION OF SHARES FOR DEBT TRANSACTIONS

Vancouver, British Columbia (October 9, 2020) – Bathurst Metal Corp. (BMV.H previously Pacific Cascade Minerals Inc. PCV.H) (“Bathurst” or the “Company”) announces that it has closed its previously announced shares-for-debt settlement by the issuance of 5,629,188 common shares at a deemed price of $0.10 per share. Insiders of the Company received an aggregate of 3,706,657 shares in the settlement.

The common shares issued are subject to a four month hold period, expiring January 31, 2021.

On behalf of the Board of Directors

“Harold Forzley”

President / CEO

Bathurst Metals Corp.

For more information contact Harold Forzley, President [email protected]

Neither 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.

BATHURST METALS CORP.

665 DOUGALL ROAD, GIBSONS, BC, V0N 1V8 WWW.BATHURSTMETALS.COM