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Angel Wing Metals Announces Appointment of Chief Financial Officer

Management Changes

Angel Wing Metals Announces Appointment of

Chief Financial Officer

TSXV: AWM

TORONTO

,

Oct. 3, 2022

/CNW/ -

Angel Wing Metals Inc.

(TSXV: AWM) ("

Angel Wing Metals

" or

the "

Company

") is pleased to announce the appointment of Mr. Remantra Sheopaul as Chief

Financial Officer ("CFO") of the Company, replacing the current interim CFO Mr.

Sameer

Uplenchwar

, effective immediately. The Company thanks Mr. Uplenchwar for his tenure as Chief

Financial Officer through

January 2021

and for continuing in a consulting capacity, on accounting and

financial matters, through

November 2022

.

Mr. Sheopaul presently works with Marrelli Support Services which provides chief financial officer,

accounting, regulatory, compliance and management advisory services to numerous issuers on the

TSX, TSX Venture Exchange and other Canadian and U.S. exchanges. Mr. Sheopaul has a focus on

building strong relationships with clients to understand and anticipate their needs.

In his role with Marrelli Support Services, Mr. Sheopaul has been regularly involved in initial public

offerings, analysis of complex accounting transactions, and assisting non-public and public clients

regarding IFRS disclosure and compliance matters. Prior to his tenure with Marrelli Support

Services, he was employed with a public accounting firm based in

Toronto

for the past several

years, three of which were spent managing audits for medium sized TSX Venture clients ranging

from junior mining companies to real estate investments trusts based in

Canada

and

the United

States

.

"We thank Sameer for his guidance and expertise during a time when the Company was transitioning

from an Oil and Gas exploration company to one engaged in Mineral Exploration and development,"

said

Bryan Wilson

, Chief Executive Officer of Angel Wing Metals

. "As we embark on its

strategic repositioning, the Company chose to consolidate its mind and management team in

Toronto

. As our Chief Financial Officer, Remantra will be critical to enhancing our ability to Manage

and Execute our Exploration and Development plan and we welcome Remantra into this role."

ABOUT ANGEL WING METALS

Angel Wing Metals (TSXV: AWM) is focused on the exploration and development of its portfolio of

precious metals properties in

Mexico

and

Canada

. The Company's flagship El Grande gold project

covers 550 square kilometers in the southern extension of the prolific Sierra Madre Occidental gold-

silver belt in the state of

Nayarit, Mexico

and demonstrating significant gold and silver mineralization.

The Company also owns two early-stage gold exploration projects in

Northwestern Ontario

, in which

the Company is engaged in ongoing exploration. The Winora Project is located on Lingman lake, 325

km north of

Red Lake

and consists of 17 patented mining claims that are within

500 m

and on strike

with the historic Lingman Lake gold deposit. The Quartz Lake Project is located 50km east of the

prolific

Red Lake

district and demonstrates many similar geological features of other successful

exploration plays in the region.

Angel Wing Metals is committed to sustainable and responsible exploration and business activities in

line with industry best practices, supportive of all stakeholders, including the local communities in

which the Company operates.

For more information, please visit the Company's interim website at

www.angelwingmetals.com

.

ON BEHALF OF THE BOARD OF ANGEL WING METALS INC.

"Bryan Wilson"

President & CEO

Email:

[email protected]

Neither 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.

SOURCE

Angel Wing Metals Inc.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/October2022/03/c6726.html

%SEDAR: 00004503E

For further information:

Katherine Pryde, Investor Relations, Tel: 646-354-9375, Email:

[email protected]

CO: Angel Wing Metals Inc.

CNW 17:01e 03-OCT-22