Arbor Metals Announces Formation of Arbor GOLD Royalties

ARBOR METALS CORP.

Suite 2200, 885 West Georgia Street

Vancouver, British Columbia

V6C 3E8

NEWS RELEASE

ARBOR METALS ANNOUNCES FORMATION OF ARBOR GOLD ROYALTIES

September 28, 2020 – Vancouver, British Columbia – Arbor Metals Corp. (the “Company”)

(TSXV: ABR) announces the establishment of Arbor Gold Royalties Corp. (“Arbor Gold ”), a

wholly owned subsidiary that will focus on royalties and streams from mines on the African

continent.

The company will provide further announcements as developments occur.

About the Arbor Metals Corp.

The Company controls the Rakounga Gold Project which consists of an exploration permit

covering a two-hundred-and-fifty square kilometer area located along the Goren Greenstone Belt

in central Burkina Faso, West Africa. The Company holds the right to acquire up to a one-hundred

percent interest in and to the Project, subject only to pre-existing royalty obligations. The

Company has control over operations conducted on the Project and will look to expand on

historical drilling and survey work conducted on the Project.

For further information, contact Mark Ferguson, Chief Executive Officer, at

[email protected], or visit the Company’s website at www.arbormetalscorp.com.

On behalf of the Board,

Arbor Metals Corp.

Mark Ferguson, Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private

Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release,

the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or

expressions identify forward-looking statements or information. These forward-looking statements or information may

relate to the development of Arbor Gold, the sale of potential royalty or streaming rights, and other factors or information.

Such statements represent the Company’s current views with respect to future events and are necessarily based upon

a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to

significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors,

both known and unknown, could cause results, performance or achievements to be materially different from the results,

performance or achievements that are or may be expressed or implied by such forward-looking statements. The

Company does not intend, and does not assume any obligation, to update these forward-looking statements or

information to reflect changes in assumptions or changes in circumstances or any other events affecting such

statements and information other than as required by applicable laws, rules and regulations.