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IMR.V ·

Imetal Announces Successful Results from Special Meeting and Appoints President

Management Changes Shareholder Meetings

iMETAL ANNOUNCES SUCCESSFUL RESULTS FROM SPECIAL

MEETING AND APPOINTS PRESIDENT

VANCOUVER, British Columbia, August 25 , 20 20 – iMetal Resources Inc. (TSX.V: IMR )

(OTCQB: ADTFF) (“iMetal” or the “Company”) is pleased to announce shareholders

overwhelmingly voted in favour to pass a special resolution to approve the adoption of a new

set of articles of the Company, in accordance with the Business Corporations Act (British

Columbia), at a special meeting of shareholders of the Company held earlier today. Subject to

approval of the TSX Venture Exchange, the Company intends to move forward with the adoption

of the new articles as soon as possible. Further information regarding the meeting, as well as a

copy of the new articles, is av ailable in the management information circular prepared by the

Company for the meeting, a copy of which is available under the Company’s profile on SEDAR

(www.sedar.com).

The Company is also pleased to announce that Saf Dhillon, a director of the Company since

December 2018, has been appointed as President, effectively immediately. Mr. Dhillon will be

guiding the company as it looks to financing and unlock the value in its multiple projects with the

primary focus on advancing the Gowganda West project in th e Abitibi Greenstone Belt. “I think

it is important for the company to be structurally and financially sound as we further develop the

Gowganda West project. We’re especially excited as it resembles the highly prolific geology of

both the Kirkland Lake and Timmins Gold camp.”

Johan Grandin, CEO of iMetal commented, “We are very excited and pleased to have Mr.

Dhillon’s increased involvement in the Company. I look forward to working more c losely with

him to develop our portfolio of projects.”

About iMetal Resources Inc.

A Canadian based junior exploration company focused on the exploration and development of

its portfolio of resource properties in Ontario and Quebec. iMetal is focused on advancing its

Gowganda West Project that borders the Juby Project, an advanced explo ration-stage gold

project located within the Shining Tree area in the southern part of the Abitibi greenstone belt

about 100 km south-southeast of the Timmins gold camp.

ON BEHALF OF THE BOARD OF DIRECTORS,

Johan Grandin

Chief Executive Officer

iMetal Resources Inc.

[email protected]

Tel. (604-739-9713)

588-580 Hornby St., Vancouver, BC, V6C 3B6

https://imetalresources.ca

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

responsibility for the adequacy or accuracy of this release.

This news release may include forward -looking statements that are subject to risks and uncertainties. All statem ents within, other than

statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expresse d in such

forward-looking statements are based on reasonable assumptions, such statements are not guarantee s of future performance and actual

results or developments may differ materially from those in forward -looking statements. Factors that could cause actual results to differ

materially from those in forward -looking statements include market prices, continu ed availability of capital and financing, and general

economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are

advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements

except as required under the applicable laws.