Vancouver, British Columbia--(Newsfile Corp. - October 19, 2023) - M3 Metals Corp. (TSXV: MT) (FSE: X0V) ("M3 Metals" or the "Company"). The Company wishes to announce that it has received the regulatory approval required for it to make its initial payments under the Daggett Lithium Project (the "Project") mineral property option agreement (the "Agreement") and has made those payments.

Details regarding the Project can be found in the Company's news release dated September 29, 2023.

On May 9, 2023, the Company announced that it had entered into the Agreement to acquire up to an eighty (80%) percent interest in the Project, a mineral property prospective for lithium and located in San Bernardino County, California.

The Agreement, dated effective May 8, 2023, is between the Company and IMEx Consultants Inc. (the "Vendor"). The Agreement provided that the Company could earn a sixty (60%) percent interest in the Project by: (i) issuing 2,000,000 shares (the "Initial Shares") to the Vendor; (ii) paying to the Vendor the sum of USD$150,000 (the "Option Payment") upon regulatory approval of the Agreement; and (iii) making. see & read more on
https://www.newsfilecorp.com/release/184565/M3-Metals-Receives-Regulatory-Approval-and-Makes-Initial-Payments-Under-Daggett-Lithium-Project-Option-Agreement