BRIEF

on CMC Metals Ltd. (NASDAQ:CMCXF)

CMC Metals Ltd. Addresses Technical Report Compliance Issues

CMC Metals Ltd. has publicly announced a need for revision of its 2020 technical report concerning the Silver Hart Property in Yukon, following a review by the British Columbia Securities Commission (BCSC). The report in question does not meet the standards outlined in the National Instrument 43-101, a regulation mandating comprehensive disclosure for mineral projects. Consequently, the company advises that the report should be disregarded until it is corrected and validated.

In addition to disclosing these compliance issues, CMC Metals Ltd. has indicated future exploration plans for the 2024 season. Details of these activities will be provided in the forthcoming April issue of Hello Investors and will also be available on the company's website.

R. P.

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