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Monumental Minerals Corp. Appoints Wasim Rehman to the Board of Directors

Management Changes

MONUMENTAL MINERALS CORP. APPOINTS WASIM REHMAN TO THE BOARD

OF DIRECTORS

News Release - Vancouver, British Columbia – September 13, 2023 : Monumental Minerals Corp.

(“Monumental” or the “Company”) (TSX-V: MNRL; FSE: BE5) is pleased to announce the appointment

of Wasim Rehman to the board of directors.

Wasim Rehman has more than 20 years of experience in financial markets and is the founding partner of

FWE Group and an active private investor with a keen interest in the raw critical metals space. Mr. Rehman

is a significant shareholder of Monumental, having participated in the most recent strategic financing.

He focuses on assets created from the 2008 Global Financial Crisis, including illiquid special situations but

also invests in more traditional assets such as equities, fixed income and funds. Over the past decade, he

has invested in over 200 hedge funds in liquidation, purchasing over 4,000 line items and has been a

counterparty to 20 out of the top 25 Hedge Fund investors globally.

Prior to FWE Group, Wasim was Partner and Head of Risk Management at Marshall Wace Asset

Management, and played a lead role in developing the quantitative research platform TOPS. He began his

career at Goldman Sachs in E quities Trading. Wasim holds a first class degree in Mathematics from

Cambridge University.

Jamil Sader, Monumental’s CEO comments:

“We are thrilled to have Mr. Rehman join the Monumental Board. His experience and

expertise in capital markets and management adds significant depth to the company. We

look forward to the knowledge and guidance that Mr. Rehman brings in defining our

strategy and future of Monumental Minerals.”

About Monumental Minerals Corp.

Monumental Minerals Corp. is a mineral exploration company focused on the acquisition, exploration, and

development of mineral resource properties in the critical and electric metals sector. The Company’s

flagship asset is the Jemi HREE project located in Coahuila, Mexico near the Texas, USA border, which

the Company has an option to acquire 100% of the 3,650 -hectare project. The Company has an option to

acquire a 75% interest and title to the Laguna Blanca project located in Chile; and the Company has an

option to acquire a 50.01% interest and title to the Turi project located in Chile.

On behalf of the Board of Directors,

/s/ “Jamil Sader”

Jamil Sader, Chief Executive Officer and Director

Contact Information:

Dr. Jamil Sader, CEO

Email: [email protected]

Mr. Maximilian Sali, VP Corporate Development

Email: [email protected]

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 news release.

Forward Looking Information

This news release contains “forward‐looking information or statements” within the meaning of applicable securities

laws, which may include, without limitation, the potential plans for the Company’s projects, other statements relating

to the technical, financial and business prospects of the Company, its projects and other matters. All statements in this

news release, other than statements of historical facts, that address events or developments that the Company expects

to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-

looking statements are based on reasonable assumptions, such statements are not gua rantees of future performance

and actual results may differ materially from those in the forward-looking statements. Such statements are based on

numerous assumptions regarding present and future business strategies and the environment in which the Company

will operate in the future, including the price of metals, the ability to achieve its goals, that general business and

economic conditions will not change in a material adverse manner and that financing will be available if and when

needed and on reasonab le terms. Such forward -looking information reflects the Company’s views with respect to

future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the

interpretation of exploration results, risks related to the inherent uncertainty of exploration and cost estimates and the

potential for unexpected costs and expenses and those other risks filed under the Company’s profile on SEDAR + at

www.sedarplus.ca. While such estimates and assumptions are consi dered reasonable by the management of the

Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and

risks. The Company does not undertake to update forward‐looking statements or forward‐looking information, except

as required by law.