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MLO.V ·

Metalero metals.c METALERO APPOINTS NEW PRESIDENT & CEO

Management Changes

Metalero Mining Corp.

10545 - 45 Avenue NW

250 Southridge, Suite 300

Edmonton, AB CANADA T6H 4M9

Metalero metals.c

METALERO APPOINTS NEW PRESIDENT & CEO

Edmonton, AB – June 10, 2024 – Metalero Mining Corp . (the “Company” or “ Metalero”) (TSXV:

MLO; OTCPK: CRTTF) is pleased to announce it has appointed Rob L’Heureux as the new President,

CEO, and Director of the Company effective May 17, 2024. To facilitate this management change, Sean

Mager has resigned as President and CEO but will remain with the Company as a Director and Advisor.

Rob L’Heureux, new President, CEO, and Director, stated “I’m excited with this appointment and to get started

on a new vision for MLO. We have a Board of experienced professionals and the Metals Group behind us, both

supporting a new mandate as we pursue a keystone project and generate value for our shareholders.”

Mr. L’Heureux (M.Sc., P.Geol.) is a Professional Geologist with 25 years of mineral exploration experience

throughout the Americas, Africa, Asia and Australia having managed grassroots through to resource

definition drill programs on a wide variety of base - and precious-metals projects. During his career Mr.

L’Heureux has managed exploration campaigns of several multi -million ounce gold deposits while also

being an avid investor in the junior mining space and active in capital markets. In conjunction with this

change in management, Metalero will undertake a strategic shift in its focus to pursue an advanced copper

and/or gold asset as its flagship property.

About Metalero Mining Corp.

Metalero Mining Corp. is a Canadian- based junior exploration company and part of the Metals Group of

companies with offices in Vancouver and Edmonton. Metalero is undergoing a restructuring which includes

a new project focus and management change making its drill-ready gold assets in Nevada available for sale

or option.

On behalf of the Board of Directors

“Rob L’Heureux”

Rob L’Heureux, President, Chief Executive Officer, and Director

Email: [email protected]

Telephone: +1.780.437.6624

www.metalsgroup.com

Metalero is part of the Metals Group of Companies, managed by exploration

professionals who stand for technical excellence, robust project selection and

strong corporate governance, with a proven ability to identify and capitalize

on investment opportunities and deliver shareholder returns.

This news release may contain certain “forward looking statements”. Forward-looking statements involve known and unknown

risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company

to be materially different from any future results, performance or achievements expressed or implied by the forward-looking

statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by

applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a

result of new information, future events or results or otherwise.

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ortusmet.com

NEITHER 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.