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HAN.V ·

Hannan Announces Grant of Stock Options

Share Capital & Compensation

1305 – 1090 West Georgia Street, Vancouver, BC, V6E 3V7

Phone: +1 604 685 9316 / Fax: +1 604 683 1585

NEWS RELEASE SEPTEMBER 9, 2024

HANNAN ANNOUNCES GRANT OF STOCK OPTIONS

Vancouver, Canada – Hannan Metals Limited (“Hannan” or the “Company”) (TSXV: HAN) (Frankfurt: C8MQ)

(OTCPK: HANNF ) announces the granting of stock options to directors and office rs of the Company to acquire an

aggregate of 1,428,000 common shares of the Company, exercisable at C$0.60 per common share, for a period of 5 years.

About Hannan Metals Limited (TSXV:HAN) (Frankfurt: C8MQ) (OTCPK: HANNF)

Hannan Metals Limited is a natural resources and exploration company developing sustainable resources of metal needed

to meet the transition to a low carbon economy. Over the last d ecade, the team behind Hannan has forged a long and

successful record of discovering, financing, and advancing mine ral projects in Europe and Peru. Hannan is a top ten in-

country explorer by area in Peru.

On behalf of the Board,

"Michael Hudson"

Michael Hudson, Chairman & CEO

Further Information

www.hannanmetals.com

1305 – 1090 West Georgia St., Vancouver, BC, V6E 3V7

Mariana Bermudez, Corporate Secretary,

+1 (604) 685 9316, [email protected]

Forward Looking Statements. C e r t a i n d i s c l o s u r e c o n t a i n e d i n t h i s n e w s r e l e a s e m a y c o n s t i t u te forward-looking information or forward-looking

statements, within the meaning of Canadian securities laws. The se statements may relate to this news release and other matters identified in the

Company's public filings. In making the forward-looking stateme nts the Company has applied certain factors and assumptions tha t are based on the

Company's current beliefs as well as assumptions made by and in formation currently available to the Company. These statements address future events

and conditions and, as such, involve known and unknown risks, u ncertainties and other factors which may cause the actual resul ts, performance or

achievements to be materially different from any future results , performance or achievements expressed or implied by the state ments. These risks and

uncertainties include but are not limited to: the political environment in which the Company operates continuing to support the development and operation

of mining projects; the threat associated with outbreaks of viruses and infectious diseases; risks related to negative publicity with respect to the Company

or the mining industry in general; planned work programs; permi tting; and community relations. Readers are cautioned not to p lace undue reliance on

forward-looking statements. The Company does not intend, and ex pressly disclaims any intention or obligation to, update or rev ise any forward-looking

statements whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Pr ovider (as that term is defined in the policies of the TSX Vent ure Exchange) accepts

responsibility for the adequacy or accuracy of this news.