United Battery Metals Corp. Announces Settlement of Debt

For Immediate Release

UNITED BATTERY METALS CORP. ANNOUNCES SETTLEMENT OF DEBT

VANCOUVER, BRITISH COLUMBIA, CANADA , September 4, 20 20 – United Batter y M etals

Corp. (CSE: UBM; OTC: UBMCF; FWB: 0UL) (“UBM” or the “Company”) announces today that it has

settled an aggregate of $199,924.8 1 in indebtedness of the Company through the issuance of 807,777

common shares of the Company (the “Shares”) a t a deemed value of $0. 2475 p er Share (the “Debt

Settlement”).

All Shares are subject to a statutory four month hold period in accordance with applicable securities laws.

The participation in the Debt Settlement of Michael Dehn, Chief Executive Officer and a director of the

Company, having received a portion , specifically 383,535 of the Shares, is considered a "related party

transaction" pursuant to Multilateral Instrument 61 -101 – Protection of Minority Security Holders in

Special Transactions ("MI 61-101"). The Company is relying on exemptions from the formal valuation

and minority approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101

on the basis that p articipation in the Debt Settlement by an insider did not exceed 25% of the fair market

value of the Company's market capitalization.

ON BEHALF OF THE BOARD OF DIRECTORS

“Michael Dehn”

Chief Executive Officer

For further information, please contact the Company at: (604) 428-9063.

The CSE does not accept responsibility for the adequacy or accuracy of this release.