Metalsource Mining to Issue Warrants Pursuant to Loan Agreement

Suite 700-838 West Hastings Street

Vancouver, BC Canada V6C 0A6

NEWS RELEASE

METALSOURCE MINING TO ISSUE WARRANTS PURSUANT TO LOAN AGREEMENT

VANCOUVER, BRITISH COLUMBIA, December 11, 2024 – METALSOURCE MINING INC. (the

“Company” or "Metalsource") (CSE: “MSM”) announces that, pursuant to a loan agreement (the

“Agreement”) with an arm’s-length third party, the Company shall issue 200,000 warrants (each,

a “Warrant”). The Warrants shall be exercisable at $0.20 per share and valid for a two-year term.

The Company entered into the Agreement on September 20, 2024, whereby the Company

borrowed $40,000 for working capital purposes, which is due payable, along with the issuance of

the Warrants, upon closing of the Company’s financing, which closed on November 14, 2024.

About Metalsource Mining Inc.

The Company is engaged in the exploration and development of its mineral property assets in

Botswana and Canada. The Company’s objective is to locate and develop economic, precious

and base metal properties of merit and to conduct its exploration program on its Aruba and Old

Timer projects.

The Aruba Project consists of five prospecting licenses totaling approximately 4,663 km2

in South-Central Botswana. The Old Timer Property is located 17 km southeast of Nelson, in the

Nelson Mining Division of southern British Columbia.

For more information, please refer to SEDAR+ at www.sedarplus.ca under the Company’s profile.

ON BEHALF OF THE BOARD OF DIRECTORS

“Joseph Cullen”

Joseph Cullen,

President, Chief Executive Officer and Director

For further information, please contact:

Mr. Joseph Cullen

Phone: 778-919-8615

Email: [email protected]

Website: https://www.metalsourcemining.com/

THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED

OF THE CONTENT OF THIS PRESS RELEASE

Cautionary Note About Forward-Looking Statements

Certain of the information contained in this news release may constitute ‘forward-looking statements' within

the meaning of applicable securities laws. Such forward-looking statements involve risks, uncertainties and

other factors which may cause the actual results to be materially different from those expressed or implied

by such forward- looking statements. There can be no assurance that such statements will prove to be

accurate, as ac tual results and future events could differ materially from those anticipated in such

statements. Accordingly, readers should not place undue reliance on forward- looking statements. T he

Company does not undertake to update any forward- looking statements, except in accordance with

applicable securities laws.