Adamera Minerals Extends Warrant Expiry Date

TSX V: ADZ; OTC: DDNFF

News Release: 23-03

Adamera Minerals Extends Warrant Expiry Date

Vancouver, B.C., March 10, 2023 - Adamera Minerals Corp. (TSX V: ADZ; OTC: DDNFF) is

seeking approval from the TSX Venture Exchange to extend the term of certain warrants which

would otherwise expire on March 18, 2023.

8,125,000 warrants granted on March 18, 2021, with the original expiry date of March 18, 2023,

are now extended to expire on March 18, 2024, with each warrant entitling the holder to

purchase one common share of the Company at $0.15 per share. The warrants are still subject to

an accelerated expiry date, which comes into effect when the price of the Company's common

shares on the TSX Venture Exchange closes at a price of $0.25 or more per share during any ten

consecutive trading day period. In such an event, the expiry date will be accelerated to a date that

is 30 days after the Company's shares trade for ten consecutive days at or above $0.25.

About Adamera

Adamera Minerals Corp. is exploring for a high-grade gold deposit near Republic Washington.

The Adamera projects are located in a prolific gold district which has reportedly produced over

17 million ounces of high-grade gold. Adamera is the dominant regional explorer in the area.

On behalf of the Board of Directors,

Mark Kolebaba

President & CEO

For additional information please contact:

Email: [email protected]

Website: www.Adamera.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or

accuracy of this release. Statements in this press release, other than purely historical information,

including statements relating to the Company’s future plans and objectives or expected results, may

include forward-looking statements. Forward-looking statements are based on numerous assumptions

and are subject to all of the risks and uncertainties inherent in resource exploration and development. As

a result, actual results may vary materially from those described in the forward-looking statements.