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EDM.V ·

ON THE FRANKFURT EXCHANGE UNDER THE SYMBOL P3Z Halif ax, Nova Scotia, June 24 , 202

Corporate Updates

-

1

-

NEWS

RELEASE

JUNE

2

4

,

202

4

EDM

SHARES

COM

MENCES

TR

ADING

ON THE FRANKFURT EXCHANGE

UNDER THE SYMBOL

P3Z

Halif

ax, Nova Scotia,

June 24

, 202

4

–

EDM Resources Inc. (TSX

-

V: EDM

; FSE: P3Z

) (“EDM” or the “Company”)

is

pleased to

announce that it

has been approved for trading on the Frankfurt Exchange with the symbol FSE: P3Z. The shares

began trading under the ne

w symbol on Thursday June 20, 2024.

“

We are

very

please

d

to

report that

EDM

shares have been approved for trading on the Frankfurt

Exchange

.

Our

new

symbol and listing will enable us to

directly

engage with our European investors. The listing on the Frankfurt Exchange is

part of our investor outreach program and is one of the many steps

we are

taking to

broaden our investor base

,

”

s

aid

Mr.

Mark Haywood,

President &

CEO. “

Additionally, EDM is working towards a US listing on the OTCQB to similarly increase

coverage in North America

,

” he added.

About

EDM Resources Inc.

EDM

is a

Canadian

exploration

and

mining

company

that

has

full

ownership

of

the

Scotia

Mine

and

related

facilities

near

Halifax,

Nova

Scotia. Through

its

wholly

owned

subsidiary, EDM

also

holds

several

prospective

exploration

licenses

near

its

Scotia

Mine

and

in

the

surrounding

regions

of

Nova

Scotia.

The

Company’s

common

shares

are

traded

on

the

TSX

Venture

Exchange

under

the

symbol

“

EDM

”.

For

more

information,

please

contact:

Mark

Haywood

President

&

Chief

Executive

Officer

Kevin

Farrell

Chief

Financial

Officer

Manish Grigo

Corporate Development

Telephone

+1

(902)

482

4481

Facsimile

+1

(902)

422

2388

Email

&

Web

info

@

EDMresources.com

&

www.EDMresources.com

The

Compa

ny’s

corporate

filings

and

technical

reports

can

be

viewed

on

the

Company’s

SEDAR

profile

at

www.sedarplus.ca.

Further

information

on

EDM

is

also

available

on

Facebook

at

http://www.facebook.com/EDMresources.inc

Twitter

at

http://www.twitter.com/EDMresources

and

LinkedIn

at

http://www.linkedin.com/company/EDMresources

.

CAUTIONARY

STATEMENTS

N

e

ith

e

r

t

h

e

T

S

X

V

e

n

t

u

r

e

E

x

c

h

a

ng

e

n

o

r

its

R

e

g

ul

a

t

io

n

S

e

r

vi

ce

s

P

r

o

v

id

e

r

(

a

s

th

a

t

t

e

r

m

is

d

e

f

in

e

d

i

n

t

he

po

l

i

c

i

e

s

o

f

th

e

T

S

X

V

e

ntu

r

e

Ex

c

h

a

n

g

e

)

acce

pt

s

r

e

s

p

o

n

sibi

l

it

y

f

o

r

th

e

a

d

e

q

u

ac

y

o

r

a

cc

u

r

ac

y

o

f

t

h

i

s

n

e

w

s

r

e

l

ea

s

e

.

Thi

s

n

e

w

s

r

e

l

ea

s

e

in

c

lud

e

s

c

e

r

t

a

i

n

f

o

r

w

a

r

d

-

l

oo

k

i

n

g

s

t

a

t

e

m

e

n

t

s

w

hi

c

h

a

r

e

no

t

c

o

mp

r

is

e

d

o

f

h

i

s

t

o

r

i

c

a

l

f

ac

ts

.

F

o

r

w

a

r

d

-

loo

ki

n

g

statements

include

estimates

and

statements

that

describe

the

Company’s

future

plans,

objectives

or

goals,

including

words

to

the

effect

that

the

Company

or

management

expects

a

stated

condition

or

result

to

occur.

Forward

-

looking

statements

may

be

identified

by

such

terms

as

“believes”,

“anticipates”,

“expects”,

“estimates”,

“may”,

“should”,

“could”,

“would”,

“

w

ill

”

,

o

r

“

p

l

a

n

”

.

S

in

c

e

f

o

r

w

a

r

d

-

l

oo

k

i

n

g

st

a

t

e

m

e

n

t

s

a r e

b

a

s

e

d

o

n

a

s

su

m

p

t

i

o

n

s

a

n

d

a

dd

r

e

s

s

f

utu

r

e

e

v

e

nt

s

a

n

d

-

2

-

c

o

n

d

it

i

o

n

s

,

by

their

very

nature

they

involve

inherent

risks

and

uncertainties.

Although

these

statements

are

based

on

information

currently

available

to

the

Company,

the

Company

provides

no

assurance

that

actual

results

will

meet

management’s

e

x

p

ec

t

a

t

i

o

n

s

.

R

isks

,

un

c

e

r

t

a

i

nt

i

e

s

,

a

n

d

oth

e

r

f

ac

to

r

s

in

v

o

lv

e

d

wit

h

f

o

r

w

a

r

d

-

l

oo

k

i

n

g

in

f

o

r

m

a

t

io

n

c

oul

d

ca

us

e

a

c

tu

a

l

e

v

e

nts

,

results,

performance,

prospects,

and

opportunities

to

differ

materially

from

those

expressed

or

implied

by

such

forward

-

looking

information.

Forward

-

looking

information

in

this

news

release

includes,

but

is

not

limited

to,

the

Company’s

objectives,

goals

or

future

plans,

statements,

potential

mineralization,

exploration

and

development

results,

the

estimation

of

mineral

resources,

exploration

and

mine

development

plans,

timing

of

the

commencement

of

operations

and

estimates

of

market

conditions.

There

can

be

no

assurance

that

forward

-

looking

statements

will

prove

to

be

accurate

and

actual

results

and

future

events

could

differ

materially

from

those

anticipated

in

such

statements.

Important

factors

that

could

cause

actual

results

to

differ

materially

from

EDM’s

expectations

include,

among

others,

the

degree

to

which

m

in

e

ra

l

r

e

sou

r

c

e

a

n

d

r

e

s

e

rv

e

e

st

i

m

a

t

e

s

a

r

e

r

e

f

l

ec

ti

v

e

o

f

a

c

tu

a

l

m

in

e

r

a

l

r

e

sou

r

ce

s

a

n

d

r

e

s

e

r

v

e

s

,

th

e

d

e

g

r

e

e

t

o

w

hi

c

h

f

ac

to

r

s

are

present

which

would

make

a

mineral

deposit

commercially

viable,

the

price

of

zinc,

lead

and

gypsum,

uncertainties

r

e

l

a

t

i

n

g

t

o

a

v

a

i

l

a

b

i

li

t

y

a

n

d

c

ost

s

o

f

f

in

a

n

c

in

g

n

ee

d

e

d

i

n

th

e

f

utu

r

e

,

c

h

a

ng

e

s

i

n

e

qu

i

t

y

m

a

r

k

e

t

s

,

r

isk

s

r

e

l

a

t

e

d

t

o

i

n

t

e

r

n

a

t

i

o

n

a

l

operations,

the

actual

results

of

current

exploration

activities,

delays

in

the

development

of

projects,

conclusions

of

economic

evaluations

and

changes

in

project

parameters

as

plans

continue

to

be

refined

as

well

as

future

prices

of

metals,

a

bilit

y

t

o

p

r

e

di

c

t

o

r

c

ou

n

t

e

r

a

c

t

p

o

t

e

nt

i

a

l

i

m

p

a

c

t

o

f

C

OV

I

D

-

1

9

c

o

r

o

n

a

vi

r

u

s

o

n

f

ac

t

o

r

s

r

e

l

e

v

a

n

t

t

o

th

e

C

o

m

p

a

n

y

’

s

busin

e

ss

,

a

s

w

e

l

l

a

s

t

h

o

s

e

f

ac

to

r

s

di

s

c

u

ss

e

d

i

n

th

e

s

ec

tio

n

e

n

t

it

l

e

d

“

R

is

k

Fac

to

r

s

”

i

n

E

D

M

’

s

m

a

n

a

g

e

m

e

n

t

’

s

d

is

c

u

s

si

o

n

a

n

d

a

n

a

l

y

s

i

s

of

the

Company's

annual

financial

statements

for

the

period

ended

December

31,

202

3

.

Although

EDM

has

attempted

to

identify

important

factors

that

could

cause

actual

results

to

differ

materially,

there

may

be

other

factors

that

cause

results

to

be

not

as

anticipated,

estimated

or

intended.

There

can

be

no

assurance

that

such

statements

will

prove

to

be

accurate

as

actual

results

and

future

events

could

differ

materially

from

those

anticipated

in

such

statements.

Accordingly,

readers

should

not

place

undue

reliance

on

forward

-

looking

statements.

NOT

FOR

DISTRIBUTION

TO

U.S.

NEWSWIRE

SERVICES

OR

FOR

DISSEMINATION

IN

THE

UNITED

STATES