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Corporate Update – Board Appointment and Stock Option Grant

Management Changes Share Capital & Compensation

NEWS RELEASE FEBRUARY 1ST, 2019

CORPORATE UPDATE – BOARD APPOINTMENT AND STOCK OPTION GRANT

Vancouver, BC, February 1 st, 2019 – iMetal Resources Inc. (TSX.V: IMR) (“iMetal” or the

“Company”) is pleased to announced that Mr. Sa tvir (Saf) Dhillon has been appo inted to its Board of

Directors.

Mr. Dhillon who was welcomed to the Board of Directors as of December 5 th, 2018 and has been

involved in the development of companies primarily listed on the TSX Venture Exchange for about 20

years. He has held a variety of positions including investor relations, business development, senior

management and board directorships.

As part of the management team at U.S. Geothermal Inc., (NYSE MKT: HTM), during his 12-year tenure

there, the market capitaliza tion increased from $2 million to $250 million and it successfully became an

Independent Power Producer. Mr. Dhillon is currently the President/CEO and Director of Glacier Lake

Resources Inc. (TSXV: GLI) and he also sits on the Board of Equatorial Explora tion Corp. (TSXV:

EXX), UC Resources Ltd. (TSXV: UC .H), Earl Resources Ltd. (TSXV: ERL) , E.S.I. Environmental

Sensors Inc. (TSXV: ESV.H) as well as providing his skills and knowledge to several other private and

public companies.

On December 13 th, 2018 The Company granted 200,000 stock options at $0.11 to a director of the

Company, the options shall vest immediately with an expiry date of December 13 th, 2023 and are subject

to TSX Venture Exchange Approval.

This Press Release was prepared by iMetal Resources Inc. Neither the TSX Venture Exchange nor its

Regulation Services Provider (as that term is defined in the Policies of the TSX Venture Exchange) has

reviewed or accepts responsibility for the adequacy or accuracy of this release.

ON BEHALF OF THE BOARD OF DIRECTORS

Johan Grandin

President & CEO,

[email protected]

Tel. (604-739-9713

iMetal Resources Inc.

510-580 Hornby St., Vancouver, BC, V6C 3B6