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AZR.V ·

MANAGEMENT CHANGE AZARGA METALS CORP. ("Azarga Metals" or the “ Company”) (TSX-V:AZR) reports that it has today accepted the resignation of Dorian L. (Dusty) Nicol with immediate effect. The Company continues to work towards closing the previously announced investment by Baker

Financings Management Changes

AZARGA METALS CORP.

UNIT 1 – 15782 MARINE DRIVE, WHITE ROCK, B.C. V4B 1E6, CANADA

www.azargametals.com

FOR IMMEDIATE RELEASE

05 April 2019 TSX-V: AZR

MANAGEMENT CHANGE

AZARGA METALS CORP. ("Azarga Metals" or the “ Company”) (TSX-V:AZR) reports that it

has today accepted the resignation of Dorian L. (Dusty) Nicol with immediate effect.

The Company continues to work towards closing the previously announced investment by Baker

Steel Capital Managers LLP (“BSCM”) (February 14, 2019) acting on behalf of its discr etionary

client funds, principally Baker Steel Resources Trust Ltd., and as we continue to prepare for a

re-invigoration of physical exploration at the Unkur Copper -Silver Project, further leadership

team transition is anticipated.

The Company thanks Mr. Nicol for his contributions.

Alex Molyneux, the Company ’s Chair will assume t he role of interim President and Chief

Executive Officer.

*****

About Azarga Metals Corp.

Azarga Metals is a mineral exploration and development company that owns 100% of the Unkur

Copper-Silver Project in the Zabaikalsky administrative region in eastern Russia.

AZARGA METALS CORP.

"Alex Molyneux"

Alexander Molyneux, Chair and Interim President and CEO

For further information please contact: Doris Meyer, at +1 604 536-2711 ext 6, visit

www.azargametals.com, or follow us on Twitter @AzargaMetals.

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

in the policies of the TSX Venture Exchange) accepts r esponsibility for the adequacy or

accuracy of this release.

Page 2

Cautionary Statement:

This news release contains forward -looking statements that are based on the Co rporation's current

expectations and estimates. Forward -looking statements are frequently cha racterized by words such as

"plan", "ex pect", "p roject", "intend", "believe", "antic ipate", "estimate", "suggest", "indicate" and other

similar words or statements that certain events or conditions "may" or "will" occur. Such forward -looking

statements inv olve known and unknown risks, uncertain ties and other factors that could cause actua l

events or results to differ materially from estimated or anticipated events o r results implied or expressed

in such forward -looking statements. Such factors include, amon g others: the actual results of current

planned exploration activities; conclusions of economic evaluations; changes in project parameters as

plans to continue to be refined; possible variations in ore grade or recovery rates; accidents, labor

disputes and other risks of the mining industry; de lays in o btaining governmental approvals or f inancing;

and fluctuations in metal prices. There may be other factors that cause actions, events or results not to be

as anticipated, estimated or intended. Any forward -looking statement speaks only as of the d ate on which

it is made and, except as may be required by applicable securities laws, the Corporation disclaims any

intent o r o bligation to update any forward -looking statement, whether as a result of new information,

future events or results or otherwise. Forward-looking statements are not guarantee s of future

performance and accordingly undue reliance should not be put on suc h statements due to the inherent

uncertainty therein.