Arbor Metals Developing 2020 Work Program at Rakounga GOLD Project

ARBOR METALS CORP.

Suite 2200, 885 West Georgia Street

Vancouver, British Columbia

V6C 3E8

NEWS RELEASE

ARBOR METALS DEVELOPING 2020 WORK PROGRAM AT RAKOUNGA GOLD PROJECT

April 13, 2020 – Vancouver, British Columbia – Arbor Metals Corp. (the “Company”) (TSXV:

ABR) announces that it has commenced planning for an exploratory work program to be

conducted at the Rakounga Gold Project (the “Project”), located in Burkina Faso, West Africa.

The Company is currently evaluating proposals for the program, as well as viable options for

expanding on the existing historical data on the Project. Subject to available capital, and the

management of risks associated with the ongoing outbreak of the novel coronavirus (COVID-

19), the board of directors intends to finalize a program and source any necessary contractors

prior to the end of the second quarter.

Additional information regarding intended programs to explore and develop the Project, as well

as the Company’s ongoing evaluation of further strategic acquisition opportunities in the

exploration-stage mineral sector, will be provided as it becomes available.

About the Rakounga Gold Project

The Rakounga Gold Project consists of an exploration permit covering a two-hundred-and-fifty

square kilometer area located along the Goren Greenstone Belt in central Burkina Faso. The

Company, through its wholly-owned subsidiary Kruger Gold Corp. (“Kruger”), holds the right to

acquire up to a one-hundred percent interest in and to the Project, subject only to pre-existing

royalty obligations. Kruger 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. W hen 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. T hese forward-looking statements or

information may relate to a review of potential strategic acquisition opportunities, 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.