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NTMC.CN ·

Neotech Metals Amends Hecla-Kilmer Definitive Agreement

Property Options & Staking

Neotech Metals Amends Hecla-Kilmer

Definitive Agreement

Vancouver, British Columbia--(Newsfile Corp. - April 26, 2024) -

Neotech Metals Corp.

(CSE: NTMC)

(OTC Pink: NTMFF) (FSE: V690)

("

Neotech

" or the "

Company

").Further to the Company's news

release of March 11, 2024, wherein the Company announced that on March 8, 2024 it had entered into a

binding, definitive agreement with VR Resources Ltd. ("VR Resources") (the "Agreement"), pursuant to

which the Company agreed to purchase a 100% interest in the Hecla-Kilmer REE mineral property

located in Ontario (the "Transaction"), the parties have executed an amending agreement (the

"Amendment Letter") effective April 23, 2024 (the Agreement and the Amendment Letter collectively the

"Amended Agreement"). The Closing Date of the Transaction has been extended to June 30, 2024 in

order to facilitate a vote for VR Resources' shareholders at a Special Meeting, to be held on May 31,

2024, as required by the policies of the TSX Venture Exchange.

For more Information please contact:

Reagan Glazier, Chief Executive Officer

E-mail:

[email protected]

Telephone:+1 403-815-6663

About Neotech Metals Corp.

The Company is a diversified Rare-Earth element exploration company based in Vancouver B.C., which

wholly owns its TREO and Foothills projects. The Company also holds options on the EBB nickel-cobalt

property. All projects are located in British Columbia, a world class mining jurisdiction.

Forward-Looking Statements

Certain information contained herein constitutes "forward-looking information" under Canadian

securities legislation. Generally, forward-looking information can be identified by the use of forward-

looking terminology such as "will", "will be" or variations of such words and phrases or statements that

certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and

estimates of management as of the date such statements are made and they are from those expressed

or implied by such forward-looking statements or forward-looking information subject to known and

unknown risks, uncertainties and other factors that may cause the actual results to be materially different.

There can be no assurance that such statements will prove to be accurate, as actual results and future

events could differ materially from those anticipated in such statements. Accordingly, readers should not

place undue reliance on forward- looking statements and forward-looking information. The Company will

not update any forward-looking statements or forward-looking information that are incorporated by

reference herein, except as required by applicable securities laws.

The CSE has not reviewed, approved, or disapproved the contents of this press release.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/207121