C3 Metals Announces Grant of Options

Toronto, Ontario--(Newsfile Corp. - March 26, 2021) - C3 Metals Inc. (TSXV: CCCM) (the "Company") announces that it has granted in accordance with the Company's stock option plan an aggregate of 9,000,000 options to purchase common shares of the Company to directors, officers, employees and consultants. All of the options granted are exercisable at $0.15 for a period of five years, with 4,300,000 options vesting immediately and 4,700,000 options vesting 12 months from the date of the grant.

For additional information, contact:

Kevin TomlinsonPresident & CEO+1 647 953-5924ktomlinson@c3metals.com^[1]

Alec RowlandsVice President, Investor Relations+1 416 572 2510 arowlands@c3metals.com^[2]

ABOUT C3 METALS INC.

C3 Metals Inc. is a junior minerals exploration company focused on creating substantive value for its shareholders through the discovery and development of large copper and gold deposits. The Company's flagship project is the 5,700-hectare Jasperoide high-grade copper-gold skarn and porphyry system located in the prolific Andahuaylas-Yauri Porphyry-Skarn belt of southern Peru. Mineralization at Jasperoide is hosted in a similar geological setting to the nearby major mining operations at Las Bambas (MMG), Constancia (Hudbay) and Antapaccay (Glencore). C3 Metals also holds a 100% interest in five licenses covering 207 km² of highly prospective copper-gold terrain in Jamaica, a 100% interest in two porphyry copper-gold properties, with one under option to Tocvan Ventures, covering 304 km² within the Cascade Magmatic Arc in southwestern British Columbia and a 100% interest in the 46 km² Stewart Brook gold project in the Meguma gold belt of Nova Scotia.

Related Link: www.c3metals.com^[3]

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/78739^[4]