CMC Upgrades Its U.S. Listing to the OTCQB

VANCOUVER, BC / ACCESSWIRE / August 10, 2022 / CMC Metals Ltd. (TSXV:CMB) (Frankfurt:ZM5P) (OTCQB:CMCXF) ("CMC" or the "Company") is pleased to announce that its common shares have been approved for trading on the OTCQB Venture Market (the "OTCQB"), operated by the OTC Markets Group, New York. The Company will commence trading on the OTCQB at the open of market August 11^th, 2022, under the current symbol "CMCXF". The Company's common shares will also continue to trade on the TSX Venture Exchange under the symbol "CMB".

Kevin Brewer, President and Chief Executive Officer commented, "The QB listing will broaden our shareholder base in the United States to wider audience and expand our visibility creating better transparency allowing various platforms to execute orders with greater clarity creating more opportunity to share our story with our neighbors next door."

The OTCQB is the premier venture marketplace for entrepreneurial and developing U.S. and international companies that are committed to providing a high-quality trading and information experience for their U.S. investors. To be eligible, Companies must meet high financial standards, including be current in their financing reporting, follow best practice corporate governance, have a professional third-party sponsor introduction, demonstrate compliance with U.S. securities laws, and undergo an annual verification and management certification process. The OTCQB is recognized by the Securities and Exchange Commission as an established public market and provides current public information to investors that need to analyze, value, and trade securities. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.

About CMC Metals Ltd.

CMC Metals Ltd. is a growth stage exploration company focused on opportunities for high grade polymetallic deposits in Yukon, British Columbia and Newfoundland.

On behalf of the Board:

"John Bossio"
John Bossio, Chairman
CMC METALS LTD.

For Further Information and Investor Inquiries:

Kevin Brewer, P. Geo., MBA, B.Sc.(Hons), Dip. Mine Eng.
President, CEO and Director
Tel: [phone]
[e-mail]
Suite 1000-409 Granville St.
Vancouver, BC
V6C 1T2

To be added to CMC's news distribution list, please send an email to [e-mail] or contact Mr. Kevin Brewer directly.

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.