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Bolt Metals Announces Postponement of Annual General and Special Meeting

Shareholder Meetings

Bolt Metals Announces Postponement of Annual General and Special Meeting

Vancouver, B.C. – February 25, 2022 – Bolt Metals Corp. (“Bolt” or the “Company”) (CSE: BOLT)

(FRANKFURT: A2QEUB) (OTCQB: PCRCF) announces it is postponing the annual general and special

meeting scheduled for March 29, 2022 (see the Company’s press releases of January 13, 2022, February

22, 2022 and December 23, 2021 on its profile at www.sedar.com). Bolt will post notice of a new meeting

and record date once one is chosen in accordance with regulatory requirements.

About Bolt Metals

Bolt Metals is a Canadian-based exploration company focused on the acquisition and development of

production grade nickel and cobalt deposits, key raw material inputs for the growing lithium-ion battery

industry. Visit https://boltmetals.com/ to find out more.

Bolt Metals Corp.

Ranjeet Sundher – President and CEO

(604) 922-8272

[email protected]

Steve Vanry – CFO & Director

(604) 922-8272

[email protected]

Sean Bromley – Director & Investor Contact

(778) 985-8934

[email protected]

Reader Advisory

This news release may contain statements which constitute “forward-looking information”, including

statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors,

or its officers with respect to the future business activities of the Company. The words “may”, “would”,

“could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, as

they relate to the Company, or its management, are intended to identify such forward-looking statements.

Investors are cautioned that any such forward-looking statements are not guarantees of future business

activities and involve risks and uncertainties, and that the Company’s future business activities may differ

materially from those in the forward-looking statements as a result of various factors, including, but not

limited to, fluctuations in market prices, succ esses of the operations of the Company, continued

availability of capital and financing and general economic, market or business conditions. There can be no

assurances that such information will prove accurate and, therefore, readers are advised to rely on their

own evaluation of such uncertainties. The Company does not assume any obligation to update any

forward-looking information except as required under the applicable securities laws.

Neither the Canadian Securities Exchange nor the Investment Industry Regulatory Organization of Canada

accepts responsibility for the adequacy or accuracy of this news release.