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ABR.V ·

Arbor Metals to Assess Strategic Claims Adjacent to Its Jarnet Lithium Project IN Quebec, Canada

Corporate Updates

NEWS RELEASE

ARBOR METALS TO ASSESS STRATEGIC CLAIMS ADJACENT TO ITS

JARNET LITHIUM PROJECT IN QUEBEC, CANADA

Vancouver, Canada – July 27th, 2023 – Arbor Metals Corp. (“Arbor” or the “Company”) (TSXV:

ABR, FWB: 432 is pleased to announce that the Company has entered into an agreement to grant its

technical team access to the data room of a strategically located set of mineral claims adjacent to the

Jarnet Lithium Project in the James Bay region of Quebec, Canada. The Company believes that these

mineral claims have the potential to augment the scope of the Jarnet Lithium Project significantly, and the

technical team is enthusiastic about conducting a comprehensive analysis of all the past exploration

information in the data room.

Mark Ferguson, CEO of Arbor, expressed excitement about this new development, stating, "We are

thrilled to gain access to the data room, as it allows our technical team to conduct an in-depth examination

of all the past exploration data. We believe that this strategic set of claims has the potential to further

strengthen our Jarnet project. If our understanding of the claims is confirmed by our analysis, it could

enhance Arbor's position in the lithium market and reinforce our position in the rapidly advancing

Canadian EV Industry."

The agreement will enable Arbor's technical team to explore the historical data, geological reports, and

exploration results related to the strategic claims. They will evaluate the benefits and possibilities of

integrating this proximate project with the Jarnet Lithium Project . Arbor remains committed to driving

the exploration and development of the Jarnet project , aiming to capitalize on the increasing global

demand for lithium.

Once the technical team completes its thorough data analysis, Arbor will update its shareholders and

stakeholders regarding the findings and potential implications for the Jarnet Lithium Project . The

Company remains dedicated to transparency and looks forward to sharing the results of this strategic

assessment with the investment community.

Arbor is dedicated to responsible resource development and is well-positioned to play a crucial role in

supplying the necessary lithium to support the electrification of transportation and the transition to a

sustainable future. The Company's focus on sustainable growth, innovation, and strategic partnerships

will continue to drive its efforts in meeting the increasing demand for lithium in Canada's EV industry.

Dr. Peter Born, P.Geo., is the designated qualified person as defined by National Instrument 43-101 and

is responsible for and has approved the technical information in this release.

About Arbor Metals Corp.

Arbor Metals Corp. is a mining exploration company focused on developing high-value, geographically

significant mineral projects worldwide. Arbor is paving the way for advanced mineral exploration as it

oversees world-class mining projects. The Company is confident that combining quality projects with

proven strategies and a dedicated team will yield exceptional outcomes.

The Jarnet lithium project , located in the James Bay region of Quebec, comprises 47 map-designated

claims, covering an area of approximately 3,759 hectares. The Jarnet project is contiguous to the Corvette-

FCI property, where diamond drilling has confirmed significant lithium mineralization representing one of

the highest-profile lithium exploration projects in the sector.

For further information, contact Mark Ferguson, Chief Executive Officer, at [email protected], or

403.852.4869, 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 the

Jarnet Lithium Project, and the assessment of data from adjacent claims, 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.