Shares Outstanding: 42,416,610

For Immediate Release

Exchange: TSX Venture

January 25, 2019

Toronto, Ontario

Symbol:GRDM

Shares Outstanding: 42,416,610

Additional Disclosure Relating to January 24, 2019 News Release

Toronto, ON – January 25, 2019 – Grid Metals Corp. (TSX.V: GRDM | USOTC:

MSMGF) (“Grid” or “the Company”) today added additional disclosure to the January

24, 2019 news release made by the Company.

The January 24, 2019 news release referred to a Preliminary Economic Assessment

(PEA, April 2014 prepared by RPA Inc. ) completed by the Company and metallurgical

work being undertaken as a result of the recommendations of the PEA.

The Company wishes to add cautionary disclosure to the January 24, 2019 press

release relating to the PEA. T he PEA is preliminary in nature and includes inferred

mineral resources considered too speculative geologically to have the economic

considerations applied to them that would enable them to be categorized as mineral

reserves and there is no certainty that the PEA will be realized. Mineral resources that

are not mineral reserves do not have demonstrated economic viability.

All other disclosure in the January 24, 2019 remains unchanged.

On Behalf of the Board of Grid Metals Corp.

.

Robin Dunbar – President, CEO & Director

Telephone: 416-955-4773 David Black Investor Relations

Email: [email protected] Email: [email protected]

We seek safe harbour.

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

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