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Gaia Metals Corp. Provides Corporate Update

Corporate Updates

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666 Burrard Street

Suite 500

Vancouver, BC

V6C 3P6

FSE: R9G / OTC: RGDCF / TSXV: GMC gaiametals.com

Gaia Metals Corp. Provides Corporate Update

Vancouver, March 30th , 2020 – Gaia Metals Corp. (the “Company”) (TSX.V: GMC) (OTCQB: RGDCF) (FSE:

R9G) is pleased to provide a corporate update. Given the unforeseen circumstances caused by the

coronavirus (COVID-19) pandemic across the globe, the Company feels it is imperative to communicate

its business progress and corporate status to our stakeholders.

Highlights:

• Corporate re-branding to “Gaia Metals Corp.” New trading symbols – TSX.V: GMC, OTCQB: RGDCF,

and FSE: R9G, and a newly minted website launched (https://gaiametalscorp.com)

• A restructuring of the share capital with only 14,788,817 shares currently issued and outstanding,

and 23,008,627 shares fully diluted, following a successful initial financing round of $412,199

• Completion of Year 1 exploration expenditure commitments under the Option Agreement with O3

Mining Inc. (formerly with Osisko Mining Inc.) for the Corvette-FCI claim group, James Bay area,

Quebec

• Several new and significant copper-gold-silver discoveries within the more than 10 km long and

underexplored Maven Exploration Trend at the Company’s flagship Corvette-FCI Property

Going forward in 2020, the Company intends to focus its attention at aggres sively pursuing the gold,

copper, and silver exploration discoveries, as well as the PGE potential, at Corvette-FCI. This will include

pending reporting of results on the recent re -processing and re-interpretation of the historical IP-

resistivity data across the Property, as well as an aggressive follow-up field campaign this summer.

Adrian Lamoureux, President and CEO, comments: “The past twelve months have been a transformative

period for the Company, highlighted by significant copper-gold-silver discoveries at Corvette-FCI, as well

as subsequent corporate restructuring and financing. With the exploration results to date, a tight share

structure, seasoned venture capital markets mining professionals and high-quality mineral projects

portfolio, we have never been better positioned for the years ahead as we are today. On behalf of the

Board of Directors and the management team, I would like to express our sincere gratitude to the

shareholders, stakeholders, and investors of the Company for their patience and continued support over

this period and as we move forward through this COVID-19 disruption.

As with any company, its true strength resides with the team in place and I would like to take this

opportunity to thank them for their continued efforts, focus, and vision, and further highlight to our

Explore

Further

To Reach

Higher

666 Burrard Street

Suite 500

Vancouver, BC

V6C 3P6

FSE: R9G / OTC: RGDCF / TSXV: GMC gaiametals.com

investor base the team’s strong experience – collectively more than 130 years – spanning mineral

exploration management, investor relations, Venture Capital business and markets, and technical mineral

project evaluation and exploration. Together, we will move forward and unlock the full potential of the

Company’s assets and maximize shareholder value.”

Vice President of Exploration of Gaia Metals Corp., Darren L. Smith, M. Sc., P. Geo., comments: “In addition

to the corporate activities, the 2019 exploration programs were highly successful for the Company with

substantial gold, copper, silver, and lithium discoveries made at Corvette-FCI. The Company also exceeded

its Year 1 expenditure commitments to O3 Mining Inc. as required under the Option Agreement for the

FCI claim group, which forms a portion of the Corvette-FCI Property. I am also pleased to comment that

our engagement with O3 Mining has been a very positive experience for the Company with an open flow

of information and communication allowing for a cost effective and optimal exploration approach to be

advanced”.

For further information, please do not hesitate to conta ct the Company at 778 945-2950 or

[email protected].

Sincerely, and on Behalf of the Board of Directors,

“ADRIAN LAMOUREUX”

Adrian Lamoureux, President & CEO

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 news

release.

Forward Looking Statements:

Statements included in this announcement, including statements concerning our plans, intentions and

expectations, which are not historical in nature are intended to be, and are hereby identified as, “forward-

looking statements”. Forward-looking statements may be identified by words including “anticipates”,

“believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that

forward-looking statements, including without limitation those relating to the Company’s future

operations and business prospects, are subject to certain risks and uncertainties that could cause actual

results to differ materially from those indicated in the forward-looking statements