(via TheNewswire)

March 14, 2025, VANCOUVER, BC – TheNewswire - Musk Metals Corp. (“Musk Metals” or the “Company”) (CSE: MUSK) (OTC: EMSKF) (FSE: 1I30 ) announces that it has terminated its property option agreement dated January 19, 2022, and as amended on May 11, 2022, and June 27, 2023 (the “Option Agreement”) with Jinhua Capital Corporation JHC:TSX.V (“Jinhua”), whereby the Company agreed to grant an option for Jinhua to earn up to a 100% interest in 54 mineral claims constituting the Pluto Property, located in the Dolomieu and Daubree Townships of Quebec (the “Property”).

Summary and terms of the Property Option Agreement

The Option Agreement was approved by the Exchange and constituted Jinhua’s qualifying transaction as defined by TSX.V policy. Jinhua was granted the first option to earn an 80% interest in the property by:

• paying the Company $118,324 in cash, common shares of Jinhua, or combination thereof, on the closing date of the Option Agreement (1,183,240 common shares issued by Jinhua to the Company on August 9, 2023);  

• paying an additional $118,324 in cash, common shares of Jinhua, (in default) or combination thereof, at the sole election of Jinhua on or before February 9, 2025, and closing of concurrent private placement of at least $500,000.  

About Musk Metals Corp.

Musk Metals is a publicly traded exploration company focused on the development of highly prospective, discovery-stage mineral properties located in some of Canada’s top mining jurisdictions. The Company’s properties are in the “Chapais-Chibougamau”, “Abitibi”, “Upper Laurentides”, “Témiscamingue”, and “James Bay” regions of Quebec, and the “Golden Triangle” district of British Columbia.

Make sure to follow the Company on Twitter , Instagram and Facebook as well as subscribe for Company updates at http://www.muskmetals.ca/

ON BEHALF OF THE BOARD

    Mario Pezzente  
        CEO & Director

For more information on Musk Metals, please contact:

Phone: 604-717-6605
Corporate e-mail: info@muskmetals.ca
Website: www.muskmetals.ca
Corporate Address: 2905 – 700 West Georgia Street, Vancouver, BC, V7Y 1C6

FORWARD-LOOKING STATEMENTS

This news release contains forward-looking statements. All statements, other than statements of historical fact that address activities, events, or developments that the Company believes, expects or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements regarding the intended use of proceeds of the Offering and other matters regarding the business plans of the Company. The forward-looking statements reflect management ’ s current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking statements including that the Company may use the proceeds of the Offering for purposes other than those disclosed in this news release; adverse market conditions; and other factors beyond the control of the Company. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, undue reliance should not be put on such statements due to their inherent uncertainty. Factors that could cause actual results or events to differ materially from current expectations include general market conditions and other factors beyond the control of the Company. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents or accuracy of this press release.

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