Transition Issues Incentive Stock Options

Transition Issues Incentive Stock Options

Sudbury, Ontario--(Newsfile Corp. - January 9, 2019) -

Transition Metals Corp. (TSXV: XTM) ("

Transition

" or "

the Company

")

announces it has granted a total of 1,950,000 incentive stock options to directors, management and employees of the Company

pursuant to the Company's stock option plan and subject to regulatory approval. The options are exercisable for a period of five

years at a price of $0.10 per share. The shares issuable upon exercise shall be subject to a four-month hold period from the date

of the grant of the options.

About Transition Metals Corp.

Transition Metals Corp (TSXV: XTM) is a Canadian-based, multi-commodity project generator that specializes in converting

new exploration ideas into discoveries. The award-winning team of geoscientists has extensive exploration experience which

actively develops and tests new ideas for discovering mineralization in places that others have not looked, often allowing the

company to acquire properties inexpensively. Joint venture partners earn an interest in the projects by funding a portion of

higher-risk drilling and exploration, allowing Transition to conserve capital and minimize shareholder's equity dilution. The

company has a portfolio that currently includes gold, copper, nickel and platinum projects primarily in Ontario, Nunavut and

Saskatchewan.

Further information is available at

www.transitionmetalscorp.com

or by contacting:

Scott McLean

President and CEO

Transition Metals Corp.

Tel: (705) 669-0590

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.

THIS PRESS RELEASE, PROVIDED PURSUANT TO APPLICABLE CANADIAN REQUIREMENTS, IS NOT FOR

DISTRIBUTION TO UNITED STATES NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES

NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN. THESE SECURITIES HAVE NOT BEEN

REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES

LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS ABSENT REGISTRATION

OR APPLICABLE EXEMPTION FROM REGISTRATION REQUIREMENTS.

CAUTIONARY STATEMENT: No stock exchange, securities commission or other regulatory authority has approved or

disapproved the information contained herein. This News Release includes certain "forward-looking statements". Other than

statements of historical fact, all statements included in this release, including, without limitation, statements regarding future

plans and objectives of Transition, are forward-looking statements that involve various risks and uncertainties. There can be no

assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those

anticipated in such statements. Important factors that could cause actual results to differ materially from Transition's expectations

are the risks detailed herein and from time to time in the filings made by the Company with securities regulators. Those filings

can be found on the Internet at http://www.sedar.com.