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KIP.V ·

Kiplin Metals Welcomes the Province of Saskatchewan’S Support FOR Nuclear Energy

Corporate Updates

NEWS RELEASE

KIPLIN METALS WELCOMES THE PROVINCE OF SASKATCHEWAN’S

SUPPORT FOR NUCLEAR ENERGY

April 2nd, 2023 – Kiplin Metals Inc. (TSX-V: KIP) (the “Company” or “Kiplin”) joins major uranium producers

in welcoming the Government of Saskatchewan program, “Securing the Future: Saskatchewan’s Critical

Minerals Strategy” announced on March 27, 2023 (*). Highlights of the plan include:

“…The critical minerals strategy supports the objectives set out in the Saskatchewan Growth Plan.

The strategy outlines four goals for the sector: to increase Saskatchewan’s share of Canadian mineral

exploration spending to 15 per cent by 2030, to double the number of critical minerals being

produced in Saskatchewan by 2030, to grow Saskatchewan’s production of potash, uranium and

helium, and to establish Saskatchewan as a rare earth element hub.”

The Company is the beneficiary of a 100-per-cent interest in the keystone, Cluff Lake Road (“CLR”) project

and controls all exploration and development of the project. The CLR project is strategically located in the

southwestern Athabasca Basin of Saskatchewan, surrounded by F3 (“F3”) Uranium Corp.’s (formerly

Fission) high profile Paterson Lake North (“PLN”) Project. The PLN Project hosts the newest, basement

hosted uranium discovery in the Athabasca Basin, which hosts several of the highest-grade uranium

deposits in the world. The Company is currently applying for the requisite permits for exploration and

drilling activities at the CLR project.

Readers are cautioned that the presence of mineralization in areas adjacent to those held by the Company

is not necessarily indicative of mineralization that may exist on properties held by the Company.

(*) Saskatchewan Releases New Critical Minerals Strategy | News and Media | Government of

Saskatchewan

Dr. Peter Born, P.Geo., is the designated qualified person as defined by National Instrument 43-101 and

is responsible for, and has approved, the technical information contained in this release.

About Kiplin Metals Inc.

Kiplin Metals Inc. is a mineral exploration company. We create value for our shareholders by identifying

and developing highly prospective mineral exploration opportunities. Our strategy is to advance our

projects from discovery all the way to production. This vertically integrated strategy allows Kiplin Metals

to achieve exceptional shareholder value through the entire life-cycle of the mining process.

Cluff Lake Road Uranium Project. Kiplin Metals has the right to earn a one-hundred percent interest in

the Cluff Lake Road Uranium Project (the “CLR Project”). The CLR Project covers ~531 ha in the

southwestern Athabasca Basin in northern Saskatchewan, where several new discoveries, including the

Arrow and Triple R Uranium deposits have been made. The CLR Project is 5 km east of the Cluff Lake Road

(Hwy 955), which leads to the historic Cluff Lake Mine, which historically produced approximately

62,000,000 lbs of yellowcake uranium.

For further information, contact the Company at [email protected] or 604-622-1199, or visit the

Company’s website at www.kiplinmetals.com.

On behalf of the Board,

Kiplin Metals Inc.

“Peter Born”

Director

Neither the 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 statements within, other

than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations

expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of

future performance and actual results or developments may differ materially from those in forward-looking statements. 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.