Arbor Metals Looks to Add Lithium Project to Exploration Portfolio

NEWS RELEASE

ARBOR METALS LOOKS TO ADD LITHIUM PROJECT

TO EXPLORATION PORTFOLIO

Vancouver, Canada – September 20, 2021 – Arbor Metals Corp. (the “Company”) (TSXV: ABR, FWB: 432)

announces that it is in the final stages of negotiations to acquire the rights to a prospective lithium project

in the United States of America. Through the addition of this lithium project the Company is, once again,

showing its commitment to seeking under explored mineral projects to maintain a balanced strategy to

the benefit of its shareholders.

The move into lithium is an integral part of the Company’s exploration strategy. Management continually

evaluates opportunities anywhere in the world where there is the potential for a world class deposit that

meets the Company’s criteria.

Readers are cautioned that the Company has not yet finalized the terms for the acquisition of the lithium

project, and there can be no guarantee that negotiations will successfully lead to a transaction.

Completion of any transaction will be subject to customary closing conditions, which may include

regulatory approval. The Company will provide further information regarding the prospective acquisition

once an agreement has been reached.

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

potential acquisition of a prospective lithium project, 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.