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Equity Metals Grants Stock Options

Share Capital & Compensation

Equity Metals Grants Stock Options

Vancouver, British Columbia--(Newsfile Corp. - March 20, 2023) -

Equity Metals Corporation

(TSXV:

EQTY) (OTCQB: EQMEF)

(the "Company" or "Equity Metals") has granted incentive stock options to

various directors, officers and consultants to purchase 2,975,000 common shares of the Company at an

exercise price of $0.20 per share, exercisable for a period of five years. The stock options are subject to

the terms and conditions of Equity Metals' stock option plan and the policies of the TSX Venture

Exchange.

About Equity Metals Corporation

Equity Metals Corporation is a Manex Resource Group Company. Manex provides exploration,

administration, and corporate development services for Equity Metals' two major mineral properties, the

Silver Queen Au-Ag-Zn-Cu project,

located in central B.C., and the

Monument Diamond project

,

located in Lac De Gras, NWT. The Company owns a 100% interest, with no underlying royalty, in the

Silver Queen project,

located along the Skeena Arch in the Omineca Mining Division, British

Columbia. The property hosts high-grade, precious- and base-metal veins related to a buried porphyry

system, which has been only partially delineated. The Company also has a controlling JV interest in the

Monument Diamond project

,

NWT

, strategically located in the Lac De Gras district within 40 km of

both the Ekati and Diavik diamond mines. The project owners are Equity Metals Corporation (57.49%),

Chris and Jeanne Jennings (22.11%); and Archon Minerals Ltd. (20.4%). Equity Metals is the operator of

the project.

The Company also has royalty and working interests in other Canadian properties, which are being

evaluated further to determine their value to the Company.

On behalf of the Board of Directors

"Lawrence Page"

Lawrence Page, K.C.

Chairman & Director, Equity Metals Corporation

For further information, visit the website at

www.equitymetalscorporation.com

or contact us at

604.641.2759 or by email at

[email protected]

.

Neither 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.

This news release may contain forward-looking statements. Forward-looking statements address

future events and conditions and therefore involve inherent risks and uncertainties. Actual results may

differ materially from those currently anticipated in such statements. Factors that could cause actual

results to differ materially from those in forward-looking statements include the timing and receipt of

government and regulatory approvals, and continued availability of capital and financing and general

economic, market or business conditions.

Equity Metals Corporation does not assume any obligation

to update or revise its forward-looking statements, whether as a result of new information, future events

or otherwise, except to the extent required by applicable law.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/159128