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Clean Air Metals Announces Release of Equity, Diversity and Inclusion Policy

Corporate Updates

Clean Air Metals Announces Release of Equity, Diversity and Inclusion Policy

Thunder Bay, ON, December 15, 2020 – Clean Air Metals Inc. (“Clean Air Metals” or the

“Company”) (TSXV: AIR; FRA: CKU; OTCQB: CLRMF) is pleased to announce that the Company has

released its Equity, Diversity and Inclusion (“EDI”) Policy, highlighting the Company’s commitment

to a workplace based on mutual respect, fairness, diversity and inclusion which are fundamental

components of Clean Air Metal’s core values. The Company recognises that full inclusion of

diverse individuals is a competitive advantage by bringing a wide range of insights and

perspectives to solving problems, involving communities, meeting challenges and forging new

paths forward.

In addition to this Policy, the Company has already implemented the following policies that

promote and support EDI including our Sustainability Policy, Code of Business Conduct and Ethics,

and Ethical Workplace Reporting Policy and Procedures.

Abraham Drost, CEO of Clean Air Metals stated that “Integrating EDI measures into our corporate

strategy is at the forefront of the evolution of our Company and we are pleased to now have this

formally adopted. At Clean Air Metals the principle of EDI means consciously creating an

environment that values, celebrates and respects individuals for their talents, skills and

contributions while celebrating our differences”.

The Board will proactively monitor and assess the Company’s performance in meeting the

commitments outlined in this Policy and we will report on our progress on EDI annually.

The formal EDI Policy can be found on the Company’s corporate website at

www.cleanairmetals.ca.

About Clean Air Metals Inc.

Clean Air Metals' flagship asset is the 100% owned, high grade Thunder Bay North Project, a

platinum, palladium, copper, nickel project located near the City of Thunder Bay, Ontario and the

Lac des Iles Mine owned by Impala Platinum. The Clean Air Metals project hosts the Current Lake

deposit and magma conduit and the Company is actively exploring the Escape Lake deposit, a twin

structure to the Current Lake deposit. Executive Chairman Jim Gallagher and CEO Abraham Drost

lead an experienced team of explorers, researchers and engineers who are using the Norilsk

magma conduit stratigraphic and mineral deposit model to guide ongoing exploration and

development studies. As the former CEO of North American Palladium Ltd. which owned the Lac

des Iles Mine prior to the sale to Impala Platinum in December 2019, Jim Gallagher and team are

credited with the mine turnaround and creation of significant value for shareholders.

ON BEHALF OF THE BOARD OF DIRECTORS

"Abraham Drost"

Abraham Drost, Chief Executive Officer of Clean Air Metals Inc.

For further information, please contact:

Abraham Drost, Chief Executive Officer of Clean Air Metals Inc.

Phone: 807-252-7800

Email: [email protected]

Website: www.cleanairmetals.ca

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.

Cautionary Note

The information contained herein contains "forward-looking statements" within the meaning of

applicable securities legislation, including statements regarding the potential of the Thunder Bay

North Project and the Escape Lake and Current Lake deposits and timing of technical studies and

mineral resource estimates. Forward-looking statements relate to information that is based on

assumptions of management, forecasts of future results, and estimates of amounts not yet

determinable. Any statements that express predictions, expectations, beliefs, plans, projections,

objectives, assumptions or future events or performance are not statements of historical fact and

may be "forward-looking statements." Forward-looking statements are subject to a variety of risks

and uncertainties which could cause actual events or results to differ from those reflected in the

forward-looking statements, including, without limitation: political and regulatory risks associated

with mining and exploration; risks related to the maintenance of stock exchange listings; risks

related to environmental regulation and liability; the potential for delays in exploration or

development activities or the completion of feasibility studies; the uncertainty of profitability;

risks and uncertainties relating to the interpretation of drill results, the geology, grade and

continuity of mineral deposits; risks related to the inherent uncertainty of production and cost

estimates and the potential for unexpected costs and expenses; results of prefeasibility and

feasibility studies, and the possibility that future exploration, development or mining results will

not be consistent with the Company's expectations; risks related to commodity price fluctuations;

and other risks and uncertainties related to the Company's prospects, properties and business

detailed elsewhere in the Company's disclosure record. Should one or more of these risks and

uncertainties materialize, or should underlying assumptions prove incorrect, actual results may

vary materially from those described in forward-looking statements. Investors are cautioned

against attributing undue certainty to forward-looking statements. These forward-looking

statements are made as of the date hereof and the Company does not assume any obligation to

update or revise them to reflect new events or circumstances, except in accordance with

applicable securities laws. Actual events or results could differ materially from the Company's

expectations or projection.