Capella Commits to ESG Disclosure through Digbee ESG® Platform

Capella Commits to ESG Disclosure through

Digbee ESG® Platform

VANCOUVER, BC

,

Jan. 25, 2022

/CNW/ - Capella Minerals Ltd. (TSXV: CMIL) (FRA: N7D2) (the

"Company" or "Capella") is pleased to announce that, in partnership with Digbee ESG® ("Digbee"), it

has adopted an industry-standard Environmental, Social, & Governance ("ESG") disclosure system

designed to drive and report "international best practice" ESG principals within the Company. The

Company achieved an overall BB rating in its first-ever formal ESG assessment, with a clear road

map for short- and mid-term actions that could lead to a rating in the A-AAA band. The Digbee

evaluation was designed by ESG practitioners with extensive expertise in both the mining and

exploration industries.

Eric Roth

, Capella's President and CEO, commented: "We are pleased to have chosen Digbee as

the platform through which to report the Company's ESG strategy and action plans going forward.

Each member of Capella's Board and Senior Management has had a long and distinguished career

in the mining/exploration industry - with transparency and ethics being fundamental principals - and

we look forward to continuing and formalizing this philosophy going forward through the Digbee

platform.

I am also pleased to report that Capella is one of a small, but growing, group of junior exploration

companies to have formally adopted this formal ESG reporting. This demonstrates our commitment

to adopting and striving to achieve globally acceptable ESG standards as we work together with

local stakeholders in an open and transparent fashion whilst continuing to advance our high-grade

copper and gold projects in Scandinavia and

Canada

."

Jamie Strauss

, Founder & CEO, Digbee commented "We are delighted to welcome Capella

Minerals onto the Digbee platform. Embedding ESG within a company strategy is crucial and

Capella management, through an independent assessment, has shown both leadership and a clear

approach to doing so. Digbee ESG provides a solution for all mining companies to efficiently disclose

ESG, rewarding management in their actions and supporting a means for all stakeholders to credibly

track the ESG journey."

Further information on the Company's ESG disclosure may be found at both Capella's website (

www.capellaminerals.com

) and the Digbee digital platform (

https://digbee.com

).

On Behalf of the Board of Capella Minerals Ltd.

"Eric Roth"

_____________________________

Eric Roth

, Ph.D., FAusIMM

President & CEO

About Capella Minerals Ltd

Capella is engaged in the acquisition, exploration, and development of quality mineral resource

properties in favourable jurisdictions with a focus on high-grade gold and copper deposits. The

Company's copper focus is currently on the discovery of high-grade VMS-type deposits within

100%-owned, district-scale land positions around the past-producing Løkken and Kjøli copper mines

in central

Norway

. The Company's precious metals focus is on the discovery of high-grade gold

deposits on its newly-acquired Finnish properties (Katajavaara, Aakenus), the 100%-owned

Southern Gold Line Project in

Sweden

, and its active Canadian Joint Ventures with Ethos Gold Corp.

(TSXV-ECC) at Savant

Lake (Ontario

) and Yamana Gold Inc. at Domain (

Manitoba

). The Company

also retains a residual interest (subject to an option to purchase agreement with Austral Gold Ltd) in

the Sierra Blanca gold-silver divestiture in

Santa Cruz

,

Argentina

.

The Company also holds 3,000,000 common shares in Ethos Gold Corp. providing Capella

shareholders with indirect exposure to exploration success at both the Savant Lake Project and

elsewhere within Ethos' extensive Canadian project portfolio.

Cautionary Notes and Forward-looking Statements

This news release contains forward-looking information within the meaning of applicable securities

legislation. Forward-looking information is typically identified by words such as: believe, expect,

anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature,

refer to future events. Such statements include, without limitation, statements regarding the future

results of operations, performance and achievements of Capella, including the timing, completion

of and results from the exploration and drill programs described in this release. Although the

Company believes that such statements are reasonable, it can give no assurances that such

expectations will prove to be correct. All such forward-looking information is based on certain

assumptions and analyses made by Capella in light of their experience and perception of historical

trends, current conditions and expected future developments, as well as other factors management

believes are appropriate in the circumstances. This information, however, is subject to a variety of

risks and uncertainties and other factors that could cause actual events or results to differ

materially from those projected in the forward-looking information. Important factors that could

cause actual results to differ from this forward-looking information include those described under

the heading "Risks and Uncertainties" in Capella's most recently filed MD&A. Capella does not

intend, and expressly disclaims any obligation to, update or revise the forward-looking information

contained in this news release, except as required by law. Readers are cautioned not to place

undue reliance on forward-looking information.

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.

SOURCE

Capella Minerals Limited

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For further information:

Eric Roth, Email: [email protected], Karen Davies,

+1.604.314.2662

CO: Capella Minerals Limited

CNW 10:00e 25-JAN-22