Academy Metals Secures Field Crew FOR Margurete Exploration Program, Phillips Arm, British Columbia, Canada
#313 -515 West Pender Street, Vancouver, BC , Canada , V6B 6H5
http s://acadmetals. com
NEWS RELEASE
ACADEMY METALS SECURES FIELD CREW FOR MARGURETE
EXPLORATION PROGRAM, PHILLIPS ARM, BRITISH COLUMBIA,
CANADA
Vancouver, Canada – July 5th, 2022 – Academy Metals Inc. (the “Company”) (TSXV: AM) is pleased to
announce that the Company, thought Grander Exploration, has secured the field crew to conduct a field
program at its wholly-owned Margurete Gold Project, located at Phillips Arm in southwestern British
Columbia, slated to be com mence in August. The field program intends to define structural subsurface
features associated with the Enid Adit, where significant gold mineralization was identified in previous
programs. In addition, the field crew will sample the Enid Adit with a portable drills. The Company intends
to complete a financing in the coming weeks to fund this exploration program and for general working
capital.
The Company also announces that the TSX Venture Exchange (the “Exchange”) has notice to the Company
that it is conducting a review of the ability of the Company to meet continued listing requirements and to
determine whether it is necessary to transfer the listing of the Company to the NEX board of the Exchange.
The Company is working wit h the Exchange to complete the review, and anticipates that following
completion of the financing it will be in a position to demonstrate that continued listing requirements
have been satisfied.
For further information concerning the financing, readers are encouraged to review the news release
issued by the Company on June 27, 2022.
On behalf of the Board,
Academy Metals Inc.
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.
This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private
Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release,
the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar
words or expressions identify forward -looking statements or information. These f orward-looking statements or
information may relate to the development of the Margurete Gold Project, completing of the financing and other
factors or information. Such statements represent the Company’s current views with respect to future events and
are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the
Company, are inherently subject to significant business, economic, competitive, political and social risks,
contingencies and uncertainties. Many factors , both known and unknown, could cause results, performance, or
achievements to be materially different from the results, performance or achievements that are or may be expressed
or implied by such forward-looking statements. The Company does not intend, an d does not assume any obligation,
to update these forward -looking statements or information to reflect changes in assumptions or changes in
circumstances or any other events affecting such statements and information other than as required by applicable
laws, rules and regulations.