NEOTECH METALS CORP - NTMFF STOCK NEWS

Neotech Metals Corp. (CSE: NTMC) (OTCQB: NTMFF) has announced significant assay results from its 2024 field reconnaissance program at the TREO Project in British Columbia. The program yielded impressive findings from 113 rock samples, with a peak value of 28.97% TREO and 17 samples exceeding 1.0% TREO. Notable niobium values were also discovered, reaching 2.91% Nb2O5 with 20 samples above 0.15% Nb2O5. All samples were collected from bedrock/outcrop exposures within mapped carbonatites. The company plans to conduct off-season modeling and additional reconnaissance work to define drill targets.

Neotech Metals Corp (CSE: NTMC, OTCQB: NTMFF) has completed its maiden drill program at the Hecla-Kilmer project, executing nearly 5,000 meters of drilling. The fully-funded program aimed to extend from previous significant intercepts, including hole HK24-013 with 361m of 1.0% TREO (20% PMREOs) from bedrock surface and hole HK24-008 with 120m of 0.5% TREO and 0.20% Nb2O5 in the Pike Zone. Additional testing was conducted in the South Rim zone. Core samples will be assessed and sent for assays, with a small crew remaining on-site to complete related activities.

Neotech Metals Corp (CSE: NTMC, OTC: NTMFF) announces three significant developments: approval for uplisting to the OTCQB market, completion of a CAD$1,351,450 LIFE financing, and the successful execution of over 3,600 meters of drilling at its flagship Hecla-Kilmer property. The OTCQB uplisting enhances U.S. investor access and market visibility. The completed LIFE financing will support the company's rare earth element exploration projects in Canada. The maiden drilling campaign at Hecla-Kilmer is expected to conclude this month, with core samples already sent for assay analysis.

Neotech Metals Corp. (CSE: NTMC, OTC Pink: NTMFF, FSE: V690) has commenced drilling operations at its 100% owned Hecla-Kilmer property after receiving an exploration permit. The company plans a 5,000-meter drilling campaign targeting peripheral zones to the northeast and southeast, as well as extensional drilling around the Pike Zone, with the aim of establishing a maiden resource estimate.

Additionally, Neotech has appointed Justin Daley, MSc, P.Geo as a technical advisor to the board. Daley, who is the CEO and President of VR Resources, brings extensive experience in managing drill programs at the Hecla-Kilmer Rare Earth Element project in Northern Ontario. As part of his compensation, Neotech will grant Daley 50,000 stock options, exercisable at $0.30 for a three-year term.

CEO Reagan Glazier expressed enthusiasm for exploring Hecla-Kilmer, which is located within the traditional territory of the Moose Cree First Nations, Taykwa Tagamou Nation, and Metis Nation of Ontario.

Neotech Metals Corp. (CSE: NTMC) (OTC Pink: NTMFF) has initiated metallurgical testing on its Hecla-Kilmer (H/K) property in partnership with SGS Laboratories. The testing aims to assess the economics of an expanded drill campaign, focusing on apatite-hosted rare earth mineralization, niobium-related mineralization, and phosphate recoveries. The first-phase trial will evaluate various flowsheets, including gravity, flotation, and magnetic separation methods.

Additionally, Neotech has filed a new non-brokered private placement LIFE financing offering, replacing the previously announced one. The offering aims to raise between $1,350,000 and $2,500,000, with units priced at $0.15 each. Each unit comprises one common share and one warrant, exercisable at $0.25 for 36 months. The proceeds will be used for exploration expenditures and general operating expenses.

Neotech Metals Corp. (CSE: NTMC) (OTC Pink: NTMFF) (FSE: V690) has been approved for a $200,000 grant from the Ontario Junior Exploration Program (OJEP). This grant will fund exploration activities in Ontario, specifically targeting the company's upcoming drilling campaign near the Pike and South Rim zones at Hecla-Kilmer.

The OJEP grant is part of a Provincial program aimed at incentivizing critical minerals exploration, which are essential for the global green transition. CEO Reagan Glazier expressed appreciation for the support, stating that it positions Neotech as a key player in the critical minerals sector and creates new opportunities for Ontario.

Glazier emphasized that advancing their exploration efforts could contribute to building a new industry within Ontario, supporting the green transition and strengthening the province's economic future. He also noted that the government's backing demonstrates Ontario's quality as a stable and supportive mining jurisdiction.

Neotech Metals Corp. (CSE: NTMC) (OTC Pink: NTMFF) (FSE: V690) has filed an amended management's discussion and analysis (Amended MD&A) for the periods ended March 31, 2024 and 2023. This action was taken following a continuous disclosure review by the British Columbia Securities Commission. The Amended MD&A, which should be read alongside the company's condensed interim financial statements for the same periods, is now available on SEDAR+ under Neotech Metals Corp.'s profile. Investors and interested parties can access these documents at sedarplus.ca for a more comprehensive understanding of the company's financial position and performance during the specified periods.

Neotech Metals Corp. (CSE: NTMC) (OTC Pink: NTMFF) has completed the acquisition of the Hecla-Kilmer (H/K) Rare-Earth Elements (REE) and Niobium project in northwestern Ontario from VR Resources The company paid $1,000,000 in cash and issued 4,000,000 common shares with staggered resale restrictions until January 19, 2027. This strategic move strengthens Neotech's position in the REE and Critical Metals sector, adding a significant project with demonstrated potential and a large, prospective land package. CEO Reagan Glazier emphasized the company's commitment to becoming a leading diversified REE exploration and development company through aggressive exploration and strategic district consolidation.

On June 27, 2024, Neotech Metals Corp. (CSE: NTMC, OTC Pink: NTMFF, FSE: V690) announced the appointment of Jared Galenzoski as Vice President Exploration. Jared brings extensive leadership experience in mining and exploration, holding previous VP roles at Buffalo Potash Corp. and Continental Potash Corp. Currently, he is President of FIDES Strategic Resource Management Jared holds a B.Sc. in Geology from the University of Regina. He will also serve as the Company's Qualified Person under National Instrument 43-101. This strategic move aims to leverage his expertise to advance Neotech's projects in the Rare-Earth industry. As part of his compensation, Jared will receive 300,000 stock options at $0.40 per share, expiring June 27, 2029.