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Arbor Metals Provides Update ON Progess at Jarnet Lithium Project, James BAY, Quebec, Canada

Corporate Updates

NEWS RELEASE

ARBOR METALS PROVIDES UPDATE ON PROGESS AT JARNET LITHIUM

PROJECT, JAMES BAY, QUEBEC, CANADA

Vancouver, Canada – August 30th, 2022 – Arbor Metals Corp. (the “Company”) (TSXV: ABR, FWB:

432) is continuing with its review of the results and data received from the inaugural exploration

program at its wholly-owned Jarnet Lithium Project in the St. James Bay region of Québec and

based on a preliminary review of data and recent discoveries in the immediate vicinity, the

Company has engaged Grander Exploration to outline its future exploration program.

The Company anticipates receiving the finals results from the summer exploration program from

ALS Laboratories in the near future, which it will incorporate in the planning of the future

program. The Company will issue a further news release once the results are finalized.

*Company management cautions the discoveries on properties in proximity to the Company’s properties

are not necessarily indicative of the presence of similar mineralization on the Company’s properties.

Arbor Metal Corp . is a mining exploration company specializing in the development of high-value,

geographic significant mineral projects around the world. As industry leaders, we are paving the way for

advanced mineral exploration as we oversee world-class mining projects. We believe quality projects,

combined with proven strategies and a professional team will deliver superior results. We hold three

exceptional mineral projects.

Jarnet Lithium Project, located in the James Bay Region of Quebec, which comprises of forty-seven map

designated claims, covering an area of approximately 2584 hectares. The Jarnet Project is contiguous to

the Corvette-FCI Property, where diamond drilling has confirmed significant lithium mineralization; hole

(CF21-001) returned a 146.8 m interval of near continuous pegmatite, assaying 0.93% Li 2O and 114 ppm

Ta2O5, including1.09% Li2O and 108 ppm Ta2O5 over 73.0 m, and 1.04% Li2O and 145 ppm Ta2O5 over 54.6

m. This interval returned numerous samples over 2.0% Li2O, including a peak assay of 4.16% Li2O and 233

ppm Ta2O5 over 1.01 m. (November 29, 2021)

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.

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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 the

Jarnet Lithium Project, the assessment of samples from that 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.