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FWM.CN ·

Flow Metals Corp. - October 29, 2024 News Release

Corporate Updates

1890 – 1075 West Georgia Street

Vancouver, BC V6E 3C9

T: 604-725-1857

FLOW METALS ANNOUNCES FINANCING

Vancouver, BC – October 29, 202 4 – Flow Metals Corp. (CSE:FWM) (“Flow Metals ” or the

“Company”) is pleased to announce that it will conduct a non- brokered private placemen t to

raise aggregate gross proceeds of $20,000 (the “Offering”). The Offering will consist of 222,222

common shares (the “Shares”) issued at a price of $0.09 per Share.

The Company plans to use the net proceeds of the Offering for exploration and development

purposes of its projects in British Columbia and the Yukon, for working capital and general

corporate purposes.

The Company does not anticipate that any finder’s fees will be payable on the Offering. All

securities issued in the Offering will be subject to a four -month hold period in accordance with

applicable securities laws.

The securities offered have not been registered under the United States Securities Act of 1933,

as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or

sold absent registration or compliance with an applicable exemption from the registration

requirements of the U.S. Securities Act and applicable state securities laws.

About Flow Metals

Flow Metals is a mining exploration company focused on advancing two 100% owned road access

projects in established mining districts. Sixtymile is a Yukon gold project in the Sixtymile district

and New Brenda is a copper -silver-molybdenum porphyry project in British Columbia’s Quesnel

terrane.

For further information, please contact:

Scott Sheldon, President

604.725.1857

[email protected]

Forward-Looking Information

This press release may include “forward -looking information” (as that term is defined by

Canadian securities legislation), concerning the Company’s business. Forward -looking

information is based on certain key expectations and assumptions made by the Compa ny’s

management, including future plans for the exploration and development of its mineral

properties, future production, reserve potential, and events or developments that the Company

expects. Although the Company believes that such expectations and assumptions are reasonable,

investors should not rely unduly on such forward -looking information as the Company can give

no assurance, they will prove to be correct. Forward-looking statements contained in this press

release may include, but are not limited to, the terms and completion of the Offering, the

1890 – 1075 West Georgia Street

Vancouver, BC V6E 3C9

T: 604-725-1857

renouncement of exploration expenditures and use of proceeds. The Company disclaims any

intent or obligation to publicly update any forward-looking information (whether because of new

information, future events or results, or otherwise) other than as required by applicable

securities laws. There are several risk factors that could cause future results to differ materially

from those described herein. Information identifying risks and uncertainties is contained in the

Company's filings with the Canadian securities regulators, which filings are available at

SedarPlus.ca.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor

disapproved of the contents of this news release.