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Mantaro Precious Metals Corp. Grants Options

Share Capital & Compensation

MANTARO PRECIOUS METALS CORP. GRANTS

OPTIONS

VANCOUVER, BC

,

Feb. 27, 2023

/CNW/ -

MANTARO PRECIOUS METALS CORP.

(TSXV: MNTR);

(OTCQB: MSLVF); (FSE: 9TZ) (the "Company") announces it has granted options to purchase 3,100,000

common shares to its directors, officers and consultants. Each option will be exercisable at a price of

$0.05

per share for a period of five years from the date of grant.

About Mantaro Precious Metals Corp.

Mantaro Precious Metals Corp. is a

British Columbia

company that holds a diversified portfolio of gold and

silver focused mineral properties in

Bolivia

and

Peru

. The Company holds an option to acquire up to an

80% interest in the advanced

Golden Hill

orogenic gold property ("Golden Hill"), located in the

underexplored Precambrian Shield,

Bolivia

.

In

Peru

, the Company has a 100% interest in the high-grade Santas Gloria silver property as well as a

100% interest in each of the La Purisima,

Cerro Luque

and Huaranay properties.

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on

assumptions as of the date of this news release. These statements reflect management's current

estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The

Company cautions that all forward looking statements are inherently uncertain and that actual performance

may be affected by a number of material factors, many of which are beyond the Company's control. Such

factors include, among other things: risks and uncertainties relating to Company's limited operating history

and the need to comply with environmental and governmental regulations. Accordingly, actual and future

events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations

expressed or implied in the forward-looking information. Except as required under applicable securities

legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.

The forward-looking statements contained in this news release are made as of the date of this news

release. Except as required by law, the Company disclaims any intention and assumes no obligation to

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

otherwise.

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

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

this release.

View original content to download multimedia:

https://www.prnewswire.com/news-releases/mantaro-precious-metals-corp-grants-options-301757178.html

SOURCE

Mantaro Precious Metals Corp.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/February2023/27/c9849.html

%SEDAR: 00028103E

For further information:

Darren Hazelwood, Phone: +44 (0) 7971 957685, E-mail:

[email protected]

CO: Mantaro Precious Metals Corp.

CNW 18:00e 27-FEB-23