Experienced Industry Leader Scott Hand to Head Culico Metals Inc.

Culico Metals Inc., a TSXV Sandbox Listing, has appointed Mr. Scott Hand as the Lead Director. Hand brings over 47 years of mining sector experience to the role, having previously led Inco Ltd. before its US$19 billion acquisition by Vale in 2007.

Accomplished Mining Executive to Drive Culico’s Corporate Strategy

Hand’s tenure as Lead Director of Karora Resources Inc., culminating in its C$1.1 billion acquisition earlier in August, underscores his strategic prowess. Culico Chairman, Paul Huet, is excited about Hand’s appointment, highlighting the value his expertise will bring as the company progresses.

Grant of Stock Options & Culico Metals Inc.’s Focus

Culico has issued 5,025,000 stock options to directors and officers, priced at C$0.105 per share. These options are subject to TSXV Sandbox requirements, ensuring a measured approach to their exercise post-approval. Culico’s core assets include a 1% lithium royalty and an interest in the Dumont nickel project in Quebec, positioning the company for future growth.

Forward-Looking Statements and Regulatory Compliance

Culico emphasizes the importance of caution when considering forward-looking statements due to inherent uncertainties. The company has navigated the TSXV Sandbox Listing process diligently, with a clear roadmap for meeting exit conditions. Investors are urged to review the Corporation’s regulatory disclosures for a comprehensive understanding of Culico’s listing status and future prospects.