Toronto, Ontario - Enerev5 Metals Inc. (TSXV: ENEV) (OTCQB: ENEVF) ('Enerev5' or the 'Company') announces further to its press release of February 9, 2023, that it has granted an additional 200,000 stock options under its stock option plan to a director. All other terms remain the same.

About Enerev5 Metals Inc.

Enerev5 Metals Inc. (TSXV: ENEV) (OTCQB: ENEVF) is a Canadian resource company focusing on exploration and development potential related to energy metals such as nickel, copper, cobalt, and other strategic battery minerals, as well as other net zero related assets.

Contact:

John F. O'Donnell

CEO and Chairman of the Board

Enerev5 Metals Inc.

Telephone: +1-647-966-3100

Website: www.enerev5metals.net

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.

(C) 2023 Electronic News Publishing, source ENP Newswire