Enerev5 Announces Grant of Stock Options

Enerev5 Announces Grant of Stock Options

Toronto, Ontario--(Newsfile Corp. - February 9, 2023) -

Enerev5 Metals Inc. (TSXV: ENEV) (OTCQB:

ENEVF) ("Enerev5" or the "Company") announces that it has granted stock options under its stock

option plan to its officers and directors to acquire up to a total of 4,300,000 common shares for a 5-year

term and exercisable at a price of $0.05 per share. The stock options vest as to 25% on grant date, and

25% on each of the 6 month, 12 month and 24 month anniversary dates of the grant.

About Enerev5 Metals Inc.

Enerev5 Metals Inc. (TSXV: ENEV) (OTCQB: ENEVF) is a Canadian resource company focusing on

exploration and development potential related to energy metals such as nickel, copper, cobalt, and

other strategic battery minerals, as well as other net zero related assets.

For more information on the Company, investors should review the Company's filings at

www.sedar.com

.

For additional information, please contact:

John F. O'Donnell

CEO and Chairman of the Board

Enerev5 Metals Inc.

Telephone: +1-647-966-3100

Website:

www.enerev5metals.net

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

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

release.

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DISSEMINATION IN THE

U.S.

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