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ICM.V ·

Iconic Grants Stock Options

Share Capital & Compensation

LC248486-1

ICONIC MINERALS LTD.

Suite 303, 595 Howe Street

Vancouver, B.C. V6C 2T5

Phone: (604) 336-8614 Fax: (604) 718-2808

www.iconicminerals.com

NEWS RELEASE

Iconic Grants Stock Options

Vancouver, British Columbi a – September 7, 2022 – Iconic Minerals Ltd. (the “Company” or

“Iconic”) (TSX-V: ICM) (OTCQB: BVTEF) (FSE: YQGB) announces the grant, pursuant to its

10% Rolling Stock Option Plan that was ratified and approve d by shareholders on April 8, 2021,

of stock options to certain eligible directors, officers and consultants to purchase a total of

8,000,000 common shares. The stock options vest immediately and are exercisable, in whole or

in part, on or before September 7, 2025 at an exercise price of $0.11 per share.

On behalf of the Board of Directors

SIGNED: “Richard Barnett”

Richard Barnett, CFO

Contact: Keturah Nathe, VP Corporate Development (604) 336-8614

For furth er information on ICM, please visit our website at www.iconicminerals.com. The Company’s

public documents may be accessed at www.sedar.com

Neither the 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.

Cautionary Note Regarding Forward -Looking Statements: This news release includes c ertain forward-

looking statements or information within the meaning of applicable Canadian and U.S. securities legislation. All

statements other than statements of historical fact included in this news release including, without limitation, the

exercise of the stock options are forward-looking statements that involve various risks and unc ertainties. In

making the forward -looking statements in this news release, the Company has applied several material

assumptions, including without limitation, that market fundamentals will result in sustained lithium and gold

demand and prices. There can be no assurance that such statements will prove to be accurate and actual results and

future events could differ materially from those anticipated in such statements. Readers are cautioned not to place

undue reliance on forward-looking statements. Iconic expressly disclaims any intention or obligation to update or

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

otherwise required by applicable securities legislation.