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EFF.V ·

1844 Expands Its Native Copper Project to 208 Claims

Mergers & Acquisitions

For Immediate Release

1844 EXPANDS ITS NATIVE COPPER PROJECT TO 208 CLAIMS

Saskatoon, Saskatchewan, February 10, 2022 - 1844 RESOURCES INC. (TSX -V:EFF) (the “Company” or

“1844”) announces that it has entered into a purchase agreement (the "Agreement") to acquire a 100% undivided

interest in 25 additional claims on its Native Copper Project from two separate private vendors (each a “Vendor”).

As consideration, each Vendor will receive 200,000 common shares (400,000 common shares in total) and a 2%

net smelter returns royalty, 1% of which may be retired for a one-time payment of $500,000.

Additionally, 1844 has stake 70 new cells to the southwest of the green stone belt, bringing its position to a total of

208 claims, including 7 known copper showings (see figure):

• Ruisseau Bleu

• T.Nelson 1 and 2

• Fer à Cheval-1

• Ruisseau Cantin

• Riviere St-Jean South

• Route 102 S-W

• Jean-Baptiste Beaudin

About Native Copper: 1844 Resources has 100% undivided interest in 208 claims in the Southern part of the

Gaspé Peninsula, to the North-West of the municipality of Chandler and Northeast of Port-Daniel. The project now

extends on 98sq/km and 7 known showings are part of the property.

About 1844 Resources Inc.: 1844 is an exploration company with a focus in strategic and energetic metals and

underexplored regions “Gaspé, Chibougamau Québec”. With a dedicated management team, the Company’s goal

is to create shareholder value through the discovery of new deposits.

Bernard-Olivier Martel, P. Geo, the Company's Director of Exploration, is a qualified person (as such term is

defined in National Instrument 43 -101 - Standards of Disclosure for Mineral Projects) and has reviewed and

approved the technical disclosure contained in this news release.

1844 RESOURCES INC.

(signed) “Sylvain Laberge”

Sylvain Laberge

Press-release 22-01

President and CEO

514.702.9841

[email protected]

Some of the statements contained in this press release are forward -looking statements and information within the

meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of

words such as “expects”, “intends”, “is expected”, “potential”, “suggests” or variations of such words or phrases,

or statements that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken,

occur or be achieved. Forward -looking statements and information are not historical facts and are subject to a

number of risks and uncertainties beyond the Company’s control. Actual results and developments are likely to

differ, and may differ materially, from those expressed or implied by the forward -looking statements contained in

this news release. Accordingly, readers should not place undue reliance on forward -looking statements. The

Company undertakes no obligation to update publicly or otherwise revise any forward -looking statements, except

as may be required by law.

Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in policies of

the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.