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CCCM.V ·

New Trading Symbol CCCM

Listings & Exchange

217 Queen Street W., Suite 401, Toronto, ON M5V 0R2

+1 647 953-5924 | c3metals.com

FOR IMMEDIATE RELEASE

TORONTO, ONTARIO

August 6, 2020

Carube Copper changes name to C3 Metals Inc

TSX-V Ticker symbol is CCCM

Carube Copper Corp. (TSXV: CUC) (the “Company”) is pleased to announce that that effective August 5, 2020

the Company will change its corporate name to C3 Metals Inc. The Toronto Venture Exchange ticker symbol will

change from CUC to CCCM and the Company expects its shares will commence trading under the new name and

ticker symbol at the Market opening on or about Monday August 10th, 2020.

New Trading Symbol CCCM

The Company anticipates its common shares currently trading under the symbol "CUC" will commence trading at

the Market opening on or about Monday August 10th, 2020 under the new ticker symbol "CCCM". No action is

required by the Company’s shareholders, and stock certificates are not affected by the name change.

New Website www.c3metals.com

A the newly designed corporate website will launch on Thursday August 6, 2020 to coincide with the

commencement of the Company's common shares trading under the new ticker symbol. The company’s new website

can be found at www.c3metals.com . All communications and visits to the Company's current website and will be

automatically redirected to the new site.

No Action Required by Stockholders

The name change was approved by shareholders at the Annual General Meeting held on February 28, 2020 and

subsequently approved by the Toronto Stock Exchange. No further action is required by stockholders with respect

to the name change. Outstanding stock certificates will not be affected by the name change and will not need to be

exchanged. The Company encourages any concerns in this regard to be directed to the stockholder's respective

broker or agent.

Flag Ship Copper-Gold Property

Carube Copper Corp has changed its corporate name to C3 Metals Inc. (“C3M”) to better reflect a shift in focus to

the recently acquired Jasperoide copper-gold project in Peru and the diversity of the broader portfolio it now holds

in the Americas . The Jasperoide Project is located in the highly prospective Andahuaylas -Yauri belt of Peru, an

emerging porphyry copper province that is host to several large-scale producing porphyry / skarn copper deposits.

Jasperoide is located approximately 50km east o f Minmetal's Las Bambas Mine, 40km northwest of Hudbay's

Constancia Mine and 100km northwest of Glencore's Antapaccay Mine.

Jasperoide Project is characterized by extensive outcropping skarn and porphyry style alteration and copper-gold

mineralisation developed for over three kilometres along the contact between a multi-phase intrusive complex and

carbonate rocks of the Ferrobamba Formation. Strong copper and gold mineralization are hosted in massive

magnetite and garnet-diopside skarns coincident with an intense geophysical magnetic and IP chargeability highs.

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217 Queen Street W., Suite 401, Toronto, ON M5V 0R2

+1 647 953-5924 | c3metals.com

The core area is open in multiple directions and together with a number of mapped extensions will be targeted for

an initial copper-gold resource in 2020-21.

Management cautions that past results or discoveries on adjacent properties may not necessarily be indicative to the

presence of mineralization on the Jasperoide Project. This press release has been reviewed and approve d by Mr.

Shannon Baird, P.Geo., Carube Copper's Exploration Manager, in his capacity as a qualified person as defined in

National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About the Company

C3 Metals is focused on creating substanti ve long -term value for its shareholders through the discovery and

development of large copper and gold deposits. The Company’s flagship project is the highly underexplored 5,700

hectare Jasperoide high-grade copper-gold skarn and porphyry system located i n the prolific Andahuaylas -Yauri

Porphyry-Skarn belt of southern Peru. Mineralization at Jasperoide is hosted in similar geology to the nearby major

mining operations at Las Bambas (Minmetals), Constancia (Hudbay) and Antapaccay (Glencore).

C3Metals also holds a 100% interest in 5 licenses covering 207 km 2 of highly prospective copper -gold terrain in

Jamaica, a 100% interest in two porphyry copper -gold properties covering 337 km2 within the Cascade Magmatic

Arc in southwestern British Columbia and a 100% interest in the 46 km2 Stewart Brook gold project in the Meguma

gold belt of Nova Scotia. C3 Metals is seeking partners to further develop these highly prospective Canadian and

Caribbean assets.

Tony Manini, Executive Chairman

+1 (647) 953-5924 • [email protected]

Jeff Ackert, Vice President, Business Development

+1 (647) 957-2249 • [email protected]

www.c3metals.com

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts

responsibility for the adequacy or accuracy of this release.

DISCLAIMER & FORWARD-LOOKING STATEMENTS

This news release includes certain “forward-looking statements” which are not comprised of historical facts. Forward -looking

statements are based on assumptions and address future events and conditions, and by their very nature involve inherent risks

and uncertainties. Although these statements are based on currently available information, C3 Metals Inc. provides no assurance

that actual results will meet management’s expectations. Factors which cause results to differ materially are set out in the

Company’s documents filed on SEDAR. Undue reliance should not be placed on “forward looking statements”.

IMPORTANT NOTICE: C3 Metals hereby incorporates the entire disclaimer set forth on its website at

http://www.carubecopper.com/uploads/1/6/5/2/16521880/disclaimers-and-forward-statements.pdf