NOT FOR DISSEMINATION OR DISTRIBUTION INTO THE UNITED STATES OR THROUGH UNITED STATES NEWSWIRE SERVICES

Vancouver, B.C. – July 2, 2021 – CMC Metals Ltd. (TSX-V: CMB) (“CMC”) announces that it has granted incentive stock options to directors, officers, employees and consultants, entitling them to purchase up to a total of 950,000 common shares at a price of $0.13 per share for a period of five years. The options will vest on a quarterly basis commencing three months from the date of grant.

ON BEHALF OF THE BOARD

“Kevin Brewer”

President and Chief Executive Officer

For further information concerning CMC or its various exploration projects please visit our website at www.cmcmetals.ca or contact:

Corporate and Investor Inquiries
Kevin Brewer
President and CEO
Tel: (604) 670-0019
kbrewer80@hotmail.com
www.cmcmetals.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ materially from the expected results.