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MNRG.V ·

Monumental Minerals Corp. Grants Stock Options

Share Capital & Compensation

MONUMENTAL MINERALS CORP. GRANTS STOCK OPTIONS

News Release - Vancouver, British Columbia – April 2 9, 2022: Monumental Minerals Corp.

(“Monumental” or the “ Company”) (TSX-V: MNRL; FSE: BE5 ) announces the granting of incentive

stock options (“ Options”) to certain of its directors, officers and consultants to purchase up to an

aggregate 1,500,000 common shares of the Company at a price of $0.45 per common share for a period of

three years, with the Options vesting immediately.

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 project located in Chile. The Company has an option to acquire a

100% interest and title to the Weyman property located in the Kamloops and Nicola Mining Divisions and

in the Thompson Nicola Regional District, British Columbia.

On behalf of the Board of Directors,

/s/ “Jamil Sader”

Jamil Sader, Chief Executive Officer and Director

Contact Information:

Email: [email protected]

Or

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 guarantees 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 g eneral business and

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

needed and on reasonable 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 unexpec ted costs and expenses and those other risks filed under the Company’s profile on SEDAR at

www.sedar.com. While such estimates and assumptions are considered reasonable by the management of the

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

risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but

are not limited to, continued availability of capital and financing and general economic, market or business conditions,

failure to secure personnel and equipment for work programs , adverse weather and climate conditions, risks relating

to unanticipated operational difficulties (including failure of equipm ent or processes to operate in accordance with

specifications or expectations, cost escalation, unavailability of materials and equipment, government action or delays

in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to

health, safety and environmental matters) , risks relating to inaccurate geological assumptions , failure to maintain all

necessary government permits, approvals and authorizations, failure to obtain surface access agreements or

understandings from local communities, land owners or Indigenous groups, fluctuation in exchange rates, the impact

of Covid-19 or other viruses and diseases on the Company’s ability to operate, an inability to predict and counteract

the effects of COVID-19 on the business of the Company, including but not limited to, the effects of COVID -19 on

the price of commodities, capital market conditions, restriction on labour and international travel and supply chains ,

decrease in the price of rare earth ele ments, lithium, cesium and other metals, loss of key employees, consultants, or

directors, failure to maintain community acceptance (including from the Indigenous communities) , increase in costs,

litigation, and failure of counterparties to perform their c ontractual obligations. The Company does not undertake to

update forward‐looking statements or forward‐looking information, except as required by law.