M3 Metals JV Partner Surge Announces Soil Sampling on Recently Acquired Property

West Vancouver, November 1, 2023 - M3 Metals Corp. (TSXV: MT) (FSE: XOV) ("M3 Metals" or the "Company") is pleased to announce that the Company's JV Partner, Surge Battery Metals Inc. ("Surge"), has retained Rangefront Geological (Rangefront) to perform detailed soil sampling at Surge's Nevada North Lithium Project (NNLP).

Surge continues to advance the NNLP, including the M3 Metals Land. A strategic acquisition was announced in July 2023 by entering into a mineral property option and joint venture agreement to acquire an initial 50% of the M3 Metals Land.

Rangefront collected 598 soil samples in the west/southwest corner of the expanded Surge property boundary which includes some of the property acquired from M3 Metals. The Company considers this area to be highly prospective and will further test for extensions of clay beds that were assayed for high levels of lithium in the 2022 and 2023 drilling programs.

Rangefront's Elko Nevada-based operations have worked closely with Surge in the past and have both the local and in-depth knowledge and expertise to complete this project.

Qualified Person as Defined Under National Instrument 43-101

Alan J. Morris, MSc, CPG of Spring Creek, Nevada, a Qualified Person as defined under National Instrument 43-101 has reviewed and approved the technical aspects of this news release.

Figure 1: Soil Sampling Program in the West/Southwest Area of the NNLP.

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M3 Metals Corp. is a Canadian listed Company, focused on creating shareholder value through discoveries and strategic development of mineral properties in North America. For additional information please visit M3 Metals website at www.m3metalscorp.com. You may also email info@m3metalscorp.com or call investor relations at (604) 669-2279.

M3 Metals Corp.
"Kosta Tsoutsis"
Kosta Tsoutsis, CEO

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This document may contain certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan" or "planned", "possible", "potential", "forecast", "intend", "may", "schedule" and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to future prices of commodities including lithium, the accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals including approvals of title and mining rights or licenses and environmental, local community or indigenous community approvals, the reliability of third party information, continued access to mineral properties or infrastructure or water, changes in laws, rules and regulations including in Canada, the United States, Nevada or California or any other jurisdiction which may impact upon the Company or its properties or the commercial exploitation of those properties, currency risks including the exchange rate of USD$ for Cdn$ or other currencies, fluctuations in the market for lithium related products, changes in exploration costs and government royalties, export policies or taxes in the United States or any other jurisdiction and other factors or information. The Company's current plans, expectations, and intentions with respect to development of its business and of its properties may be impacted by economic uncertainties arising out of any pandemic or by the impact of current financial and other market conditions (including US government subsidies or incentives) on its ability to secure further financing or funding of its properties. Such statements represent the Company's current views with respect to future events and are necessarily based upon several assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political, environmental (including endangered species, habitat preservation and water related risks) and social risks, contingencies, and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules, and regulations.

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