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Metallum commences trading on USA based OTCQB Market

Press Release

HIGHLIGHTS

• Metallum is now trading on USA based OTCQB under the ticker code of MTLLF
• The OTC listing aims to provides greater visibility and liquidity of Metallum shares

Metallum Resources Inc. (TSXV:MZN; OTCQB:MTLLF) (“Metallum” or the “Company”) is pleased to
announce a secondary listing on the OTCQB marketplace under the symbol “MTLLF”. The Company’s
common shares will continue to trade on the TSX Venture Exchange under the symbol “MZN”.
https://www.otcmarkets.com/stock/MTLLF/overview

Trading of Metallum shares on the OTC is aimed at enhancing the visibility and accessibility of the
Company to US based investors, with the listing allowing potential US investors to both trade and settle
in US dollars.

The OTC is an established trading platform, operated by OTC Markets Group in New York, providing
livemarket trading in companies which hold primary listings in other markets. Trading of Metallum shares
on the OTC imposes no additional compliance or regulatory standards over and above the Company’s
existing compliance requirements as a Canadian incorporated entity listed on the TSX Venture Exchange.

OTC trading is non-dilutive to existing Metallum shareholders, as no new shares are being issued to enable trading on the OTC.

President and CEO, Kerem Usenmez commented, “The listing on OTCQB expands Metallum to a larger audience with the key objective to improve liquidity in the stock. We have had a lot of interest from US based investors seeking to participate in our story – an OTC listing makes this a much simpler process for them to buy shares in the Company.”

About Metallum

Metallum Resources (TSXV:MZN) is developing its Superior Lake Zinc and Copper Project located in Ontario, Canada which has been advanced to the feasibility stage. For more information on the project please visit metallumzinc.com.

Metallum is a member of the Gold Group of companies, led by Simon Ridgway.  For further details about the Company and the Superior Project, please visit the Company’s website at metallumzinc.com.

ON BEHALF OF THE BOARD

Kerem Usenmez,

President & Chief Executive Officer

Metallum Resources Inc.

Symbol: TSXV-MZN

For further information, contact:

Kerem Usenmez, President & CEO

Tel: 604-688-5288;  Fax: 604-682-1514

Email: [email protected]

Website: metallumzinc.com

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