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Trench Metals Looks to Expand Uranium Project Portfolio Athabasca, Saskatchewan, Canada

Mergers & Acquisitions

NEWS RELEASE

TRENCH METALS LOOKS TO EXPAND URANIUM PROJECT PORTFOLIO

ATHABASCA, SASKATCHEWAN, CANADA

Vancouver, Canada – October 3 rd, 2021 - Trench Metals Corp. (the “Company”) (TSXV: TMC,

FWB: 33H2) announces that its board of directors has commenced a strategic review of several uranium

projects near the Company’s Gorilla Lake Uranium Project with the plan to expand the Company’s

portfolio.

Simon Cheng, Chief Executive Officer of the Company commented; “based o n the enc ouraging initial

results from our summer 2021 work program on our Gorilla Lake Uranium Project, the Company is excited

to assess other highly prospective uranium projects in Athabasca, Saskatchewan that the board feels

would enhance the Company’s project p ortfolio. The board of directors feels the timing is ideal for

expansion as the price of uranium is rising and projections are for significant growth in demand for the

coming decade. I t seems the world is waking up to the idea that nuclear power is the best solution to

meet the world’s green energy needs”

About Trench Metals Corp

Trench Metals Corp. is a mineral exploration company. We create value for our shareholders by engaging

in promising mineral exploration opportunities. Our main goal is the advancement of various projects

from discovery all the way to production. This vertically integrated strategy allows Trench Metals to

achieve exceptional shareholder value through the entire life-cycle of the mining process.

Trench Metals Corp. has the right to earn a 100% interest in the Gorilla Lake Uranium Project. Gorilla Lake

is located in the Cluff Lake area of Saskatchewan’s Athabasca Uranium district. The Athabasca District is

home to the highest grade of uranium deposits in the world. It accounts for 18% of global uranium

production. The Gorilla Lake Project comprises nearly 7000ha in the Northern Mining District of

Saskatchewan near the Shea Creek uranium deposit.

For further information, contact the Company at [email protected], or visit the Company’s website

at www.trenchmetals.com.

On behalf of the Board,

- 2 -

Trench Metals Corp.

Simon Cheng, Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies

of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain certain “Forward -Looking Statements” within the meaning of the United

States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or

if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”,

“forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or

information. These forward-looking statements or information may relate to the acquisition of additional

projects in the Athabasca region of Saskatchewan and other factors or information. Such statements

represent the Compa ny’s current views with respect to future events and are necessarily based upon a

number of assumptions and estimates that, while considered reasonable by the Company, are inherently

subject to significant business, economic, competitive, political and soc ial risks, contingencies and

uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements

to be materially different from the results, performance or achievements that are or may be expressed or

implied by such for ward-looking statements. The Company does not intend, and does not assume any

obligation, to update these forward-looking statements or information to reflect changes in assumptions

or changes in circumstances or any other events affecting such statements and information other than as

required by applicable laws, rules and regulations.