Vancouver - Academy Metals Inc. (the 'Company') (TSXV: AM) announces that it will offer up to 8,333,334 units (each, a 'Unit') by way of non-brokered private placement at a price of $0.12 per Unit for gross proceeds of up to $1,000,000.

Each Unit will consist of one common share and one common share purchase warrant exercisable to acquire an additional common share at a price of $0.16 for a period of sixty months.

The Company intends to utilize the proceeds from the placement for general working capital purposes, and to complete planned field work at its wholly owned Margurete Gold Project, located at Phillips Arm in southwestern British Columbia. In connection with the placement, the Company may pay finders' fees to eligible third parties that have assisted in introducing subscribers to the Company.

Contact:

Web: https://acadmetals.com

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