Group Ten Metals Announces Name Change to Stillwater Critical Minerals
TSX.V: PGE
OTCQB: PGEZF
FSE: 5D32
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Group Ten Metals Announces Name Change to Stillwater Critical Minerals
June 9, 2022 – Vancouver, BC - Group Ten Metals Inc. (TSX.V: PGE; US OTC: PGEZF; FSE: 5D32) (the “Company”
or “Group Ten”) is pleased to announce that, effective at market opening on June 13, 2022, the common shares
of the Company will trade on the TSX Venture Exchange under the name “Stillwater Critical Minerals Corp.” to
better reflect the commodity suite of battery, catalytic and precious metals at the Company’s flagship Stillwater
West project in Montana, USA. The project hosts a total of eight metals (nickel, cobalt, chromium, palladium,
platinum, rhodium, iridium and ruthenium) designated as critical by the United States government with a
mandate to secure domestic supplies based on economic and national securit y concerns. Stillwater West also
hosts significant copper resources.
President and CEO Michael Rowley commented “ Rebranding Group Ten Metals to Stillwater Critical Minerals
reflects our increasing focus on our flagship project and the great potential we see in the iconic and famously
productive Stillwater mining district. With the recent addition of two renowned Bushveld and Platreef geologists
to our team we are well positioned to advance the next phase of large-scale critical mineral supply from the
district, building on past production of nickel, copper, and chromium, and the on -going production of platinum
group and other metals by our neighbor, Sibanye -Stillwater. Our Platreef -style nickel and copper sulphide
deposits contain a compelling suite of critical minerals and are open for expansion along trend and at depth. We
look forward to further announcements including assay results from our 2021 resource expansion drill campaign
and our 2022 exploration plans in the near term.”
The Company's stock symbols remain the same (TSX.V: PGE | OTCQB: PGEZF | FSE:5D32). The new CUSIP number
is 86074L103 and the new ISIN number is CA86074L1031. In addition, the Company is pleased to announce the
launch of a new website, www.criticalminerals.com, and new Twitter handle, @Stillwater_CM.
Shareholders of the Company are not required to take any action in connection with the name change as physical
and Direct Registration System ("DRS") share certificates in the predecessor company name of Group Ten Metals
Ltd. continue to be enforceable. Sh ould a registered shareholder wish to exchange their share certificates of
Group Ten into Stillwater Critical Minerals, they can contact the Company’s transfer agent:
Odyssey Trust
Email: [email protected]
Telephone: 587-885-0960 | Toll Free: 1-(888)-290-1175
Website: www.odysseycontact.com
Odyssey also maintains an online portal where securityholders have access to view their registered holdings or
request updated DRS statements 7 days a week. To register, please contact [email protected].
Upcoming Events
PDAC 2022 – Stillwater Critical Minerals will join fellow Metallic Group members Metallic Minerals and Granite
Creek Copper at PDAC in Toronto, June 13-15, 2022 at Booth 2851 in the Investor Exchange.
THE Mining Investment Event of the North – Stillwater Critical Minerals will be attending meetings and
presenting the Company’s vision at this ina ugural conference in Quebec City, June 19 -21. President & CEO
Michael Rowley will participate in a key panel entitled “Trends in Energy Metals” moderated by Egizio Bianchini,
TSX.V: PGE
OTC: PGEZF
FSE: 5D32
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Head of Metals & Investment Banking, Stifel GMP . Mr. Rowley will be joined by fellow panelists Mark Selby,
Chairman & CEO, Canada Nickel, Mike White, President & CEO, IBK Capital, and Phil Baker, CEO, of Hecla Mining.
About Stillwater West
Group Ten is rapidly advancing the Stillwater West PGE-Ni-Cu-Co + Au project towards becoming a world-class
source of low-carbon, sulphide-hosted nickel, copper, and cobalt, critical for batteries and the electrification
movement, as well as key catalytic metals including platinum, palladium, rhodium, iridium and ruthenium used
in catalytic converters, fuel cells, and the production of green hydrogen. Stillwater West positions Group Ten as
the second-largest landholder in the Stillwater Complex, with a 100%-owned position adjoining and adjacent to
Sibanye-Stillwater’s PGE mines in south-central Montana, USA1. The Stillwater Complex is recognized as one of
the top regions in the world for PGE-Ni-Cu-Co mineralization, alongside the Bushveld Complex and Great Dyke
in southern Africa, which are similar layered intrusions. The J-M Reef, and other PGE-enriched sulphide horizons
in the Stillwater Complex, share many similarities with the highly prolific Merensky and UG2 Reefs in the
Bushveld Complex. Group Ten’s work in the lower Stillwater Complex has demonstrated the presence of large-
scale disseminated and high-sulphide battery metals and PGE mineralization, similar to the Platreef in the
Bushveld Complex2.
Drill campaigns by the Company, complemented by a substantial historic drill database, have delineated five
deposits of Platreef-style mineralization across a core 12-kilometer span of the project, all of which are open for
expansion into adjacent targets. Multiple earlier-stage Platreef-style and reef-type targets are also being
advanced across the remainder of the 32-kilometer length of the project based on strong correlations seen in
soil and rock geochemistry, geophysical surveys, geologic mapping, and drilling.
About Group Ten Metals Inc.
Group Ten Metals Inc. is a TSX-V-listed Canadian mineral exploration company focused on the development of
high-quality platinum, palladium, nickel, copper, cobalt, and gold exploration assets in top North American
mining jurisdictions. The Company’s core asset is the Stillwater West PGE-Ni-Cu-Co + Au project adjacent to
Sibanye-Stillwater’s high-grade PGE mines in Montana, USA. Group Ten also holds the high-grade Black Lake-
Drayton Gold project adjacent to Treasury Metals’ development-stage Goliath Gold Complex in northwest
Ontario, which is currently under an earn-in agreement with an option to joint venture whereby Heritage Mining
may earn up to a 90% interest in the project by completing payments and work on the project. The Company
also holds the Kluane PGE-Ni-Cu-Co project on trend with Nickel Creek Platinum‘s Wellgreen deposit in Canada‘s
Yukon Territory.
Note 1: References to adjoining properties are for illustrative purposes only and are not necessarily indicative of the exploration potential,
extent or nature of mineralization or potential future results of the Company’s projects.
Note 2: Magmatic Ore Deposits in Layered Intrusions—Descriptive Model for Reef-Type PGE and Contact-Type Cu-Ni-PGE Deposits,
Michael Zientek, USGS Open-File Report 2012–1010.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Michael Rowley, President, CEO & Director
Email: [email protected] Phone: (604) 357 4790
Web: http://criticalminerals.com Toll Free: (888) 432 0075
Forward-Looking Statements
Forward Looking Statements: This news release includes certain statements that may be deemed "forward-looking statements". All statements in this
release, other than statements of historical facts including, without limitation, statements regarding potential mineralization, historic production,
estimation of mineral resources, the realization of mineral resource estimates, interpretation of prior exploration and potential exploration results, the
timing and success of exploration activities generally, the timing and results of future resource estimates, permitting time lines, metal prices and currency
exchange rates, availability of capital, government regulation of exploration operations, environmental risks, reclamation, title, and future plans and
objectives of the company are forward-looking statements that involve various risks and uncertainties. Although Group Ten believes the expectations
expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and
actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number
of material factors and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure
to obtain necessary approvals, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource
TSX.V: PGE
OTC: PGEZF
FSE: 5D32
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estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated
with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns,
uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other
exploration or other risks detailed herein and from time to time in the filings made by the companies with securities regulators. Readers are cautioned
that mineral resources that are not mineral reserves do not have demonstrated economic viability. Mineral exploration and development of mines is an
inherently risky business. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. For more
information on Group Ten and the risks and challenges of their businesses, investors should review their annual filings that are available at
www.sedar.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.