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NAM.V ·

NAM Engages Renmark Financial Communications

Marketing Announcement

New Age Metals TSX-V: NAM OTCQB: NMTLF

Field Office: 59 Burtch’s Lane, Rockport, ON, Canada, K0E 1V0 [email protected]

+1.613. 659.2773 www.newagemetals.com

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NAM Engages Renmark Financial Communications

November 18, 2020, Rockport, Canada – New Age Metals Inc. (NAM) (TSX.V: NAM;

OTCQB: NMTLF; FSE: P7J) (“NAM” or the “Company”) is pleased to announce that it has

retained the services of Renmark Financial Communications Inc . (“Renmark”) to provide

investor relations services to the Company.

Harry Barr, Chairman & CEO stated, “We are pleased to announce that we have selected Renmark

to reinforce NAM’s profile in the financial community and enhance the visibility of our project

portfolio. We chose Renmark because its standards and methodologies fit best with the message

we wish to communicate to the investing public.”

In consideration of the services to be provided, the Company has agreed to pay Renmark a monthly

retainer of up to $8,000 commencing December 1, 2020 for a six -month period, after which the

arrangement can be cancelled by either the Company or Renmark on one month’s notice. Renmark

does not have any interest, directly or indirectly, in New Age Metals or its securities, or any right

or intent to acquire such an interest.

About Renmark:

Renmark represents a wide range of companies on both the U.S. and Canadian exchanges. In

business for 21 years, their combined team experience is well over 100 years. Renmark continues

to provide their clients with a complete communications strategy and powerful investor relations

programs which ensures the best results are obtained as efficiently and cost effectively as is

possible.

About NAM

New Age Metals is a junior mineral exploration and development company focused on the

discovery, exploration and development of green metal projects in North America. The Company

has two divisions; a Platinum Group Metals division and a Lithium/Rare Elemen t division. The

PGM division includes the 100% owned, multi-million-ounce, district scale River Valley Project,

one of North America’s largest undeveloped Platinum Group Metals Projects, situated 100 km

from Sudbury, Ontario . The Company has recently compl eted a Preliminary Economic

Assessment (PEA) on the project and is working towards Prefeasibility. In Alaska the Company

owns 100% of the Genesis P GM-Cu-Ni Project in Alaska. The Lithium division is the largest

mineral claim holder in the Winnipeg River Pegmatite Field, where the Company is exploring for

hard rock lithium and various rare elements such as tantalum and rubidium. Our philosophy is to

be a project generator with the objective of optioning our projects with major and junior mining

New Age Metals TSX-V: NAM OTCQB: NMTLF

Field Office: 59 Burtch’s Lane, Rockport, ON, Canada, K0E 1V0 [email protected]

+1.613. 659.2773 www.newagemetals.com

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companies through to production. The Company is actively seeking an option/ joint venture

partner for its road -accessible Genesis PGM -Cu-Ni project in Alaska and for our Lithium

division in Manitoba.

About the River Valley Palladium Project

The details of the updated Mineral Resource Estimate (MRE) and PEA were announced in the

press release dated August 9, 2019 and are described on NAM’s website. The pit constrained

Updated Mineral Resource Estimate formed the basis of the PEA . At a cut -off grade of 0.35 g/t

PdEq, the Updated Mineral Resource Estimate contains 2.867 Moz PdEq in the Measured plus

Indicated classifications and 1.059 Moz PdEq in the Inferred classification. The PEA is a

preliminary report, but it demonstrates that there are pot entially positive economics for a large -

scale mining open pit operation, with 14 years of Palladium production. Refer to the NAM website

(www.newagemetals.com) for details.

Opt-in List

If you have not done so already, we encourage you to sign up on our website

(www.newagemetals.com) to receive our updated news.

On behalf of the Board of Directors

“Harry Barr”

Harry G. Barr

Chairman and CEO

Renmark Financial Communications Inc.

Steve Hosein: [email protected]

Tel: (416) 644-2020 or (212) 812-7680

www.renmarkfinancial.com

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 release.

Cautionary Note Regarding Forward Looking Statements: This release contains forward -looking statements that involve risks and

uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or

beliefs. For this purpose, statements of historical fact may be deemed to be forward -looking statements. In addition, forward-looking

statements include statements in which the Company uses words such as “continue”, “efforts”, “expect”, “believe”, “anticipate”,

New Age Metals TSX-V: NAM OTCQB: NMTLF

Field Office: 59 Burtch’s Lane, Rockport, ON, Canada, K0E 1V0 [email protected]

+1.613. 659.2773 www.newagemetals.com

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“confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or simi lar

expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a

variety of important factors, including, among others, the Company’s ability and continuation of efforts to timely and comple tely make

available adequate current public information, additional or different regul atory and legal requirements and restrictions that may be

imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most

recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward -looking

statements. The Company does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release

publicly any revisions to any forward -looking statements to reflect events or circumstances after the date hereof or to reflect the

occurrence of unanticipated events. Investors should not place undue reliance on forward-looking statements.