Arbor Metals commences review of resource projects

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December 12, 2019

Arbor Metals commences review of resource projects

December 12, 2019 – Vancouver, British Columbia – Arbor Metals Corp. (the “Company”) (TSXV: ABR) announces that its board of directors has commenced a review of potential strategic acquisition opportunities for the Company in the resource sector. The review will focus on exploration-stage mineral projects in developing jurisdictions, with a particular focus on Africa.

It is anticipated that the review will involve an assessment of potential assets for acquisition, and will include a review of historical exploration data and technical analysis. The Company anticipates providing further information regarding the results of this review in the first quarter of 2020. The Company will provide details of any transactions which it intends to undertake once terms have been negotiated.

For further information, contact Alex Klenman at ajklenman@gmail.com.

On behalf of the Board,

Arbor Metals Corp.

Alex Klenman, Chief Executive Officer

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

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States PrivateSecurities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this newsrelease, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similarwords or expressions identify forward-looking statements or information. These forward-looking statements orinformation may relate to a review of potential strategic acquisition opportunities, and other factors or information.Such statements represent the Company’s current views with respect to future events and are necessarily basedupon a number of assumptions and estimates that, while considered reasonable by the Company, are inherentlysubject to significant business, economic, competitive, political and social risks, contingencies and uncertainties.Many factors, both known and unknown, could cause results, performance or achievements to be materially differentfrom the results, performance or achievements that are or may be expressed or implied by such forward-lookingstatements. The Company does not intend, and does not assume any obligation, to update these forward-lookingstatements or information to reflect changes in assumptions or changes in circumstances or any other eventsaffecting such statements and information other than as required by applicable laws, rules and regulations.

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