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ABZ.V ·

AsiaBaseMetals Announces Board of Directors Change

Management Changes

AsiaBaseMetals Announces Board of

Directors Change

Vancouver, British Columbia--(Newsfile Corp. - April 14, 2023) -

AsiaBaseMetals Inc.

(TSXV:

ABZ)

(the "Company")

announces that Mr. Ioannis Tsitos has tendered his resignation as a director of

the Company, effective immediately, in order to devote the time required to manage his other business

commitments.

Raj Chowdhry, President, Chief Executive Officer and a director of the Company stated: "On behalf of

the board of directors and the shareholders of the Company, I would like to thank Mr. Tsitos for his

dedication, commitment and contributions to AsiaBaseMetals Inc."

ABOUT ASIABASEMETALS INC.

AsiaBaseMetals Inc. is a growth company focused on the exploration and development of base metals,

precious metals and Lithium.

The Company has a 100% owned project in northeastern British Columbia,

Canada - the 5,429 hectare Gnome zinc/cobalt project in the prolific geological district known as the

Kechika Trough, a district hosting several zinc deposits, and an option to acquire a 70% interest in the

Paisano Gold Project, covering approximately 2,700 hectares in the prolific La Libeetad Mining District,

a district hosting several precious metals deposits, in North Central Peru.

AsiaBaseMetals is led by a

highly experienced executive management team that has a successful track record of building

shareholder value through exploration, corporate finance, and mine development.

For more information, please visit

www.asiabasemetals.com

On behalf of the Board of Directors of the Company

"Raj I. Chowdhry"

Chief Executive Officer

For further information, please contact:

Raj Chowdhry, Chief Executive Officer

Email:

[email protected]

Telephone: (604)-765-2030

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

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/162516