Beyond Minerals Closes $1.38-Million Flow-Through Financing

2023 Exploration Program Fully Funded and Underway

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

HIGHLIGHTS

$1.38-Million Flow-Through Financing Fully Funds 2023 Exploration Program
Phase 1 Exploration Program Has Commenced:
- Covering all 64 Beyond Lithium projects, the largest greenfield Lithium portfolio in Ontario, including a significant position in every major lithium, cesium, tantalum ("LCT") pegmatite district known in that province
- Up to six teams conducting extensive field exploration work on all projects
- Actively sampling, mapping and assessing over 500 mapped pegmatites outcrops aimed at prioritizing potential pegmatite-bearing structures. Some individual pegmatites are mapped as being over 100 meters wide and are traced up to 2.5 kilometers along strike
- Phase 1 expected to be completed by August, 2023
Crews Currently At The Dryden East Group Of Lithium Projects Next To Critical Resources' Mavis Lake Lithium Deposit Which Has A Resource Of 8.0 Mt At 1.07% Li2O1
Phase 2 Program Will Follow Up On Projects Showing The Highest Potential For Discovery After Interpreting The Results From The Phase 1 Program
Field Teams Are Led By Experienced Prospecting Companies, Bounty Gold Corp. And Last Resort Resources Ltd.
Three Of Beyond's Lithium Projects (Scholfield, Oneman Lake, and Sollar Lake) Intercepted Pegmatites In Historical Drilling And The Drill Cores Available For Relogging And Sampling, To Be Conducted During Phase 1
LiDAR Survey Is Planned For The Wisa Lake Lithium Project Next To Green Technology Metals' Wisa Project With A Mapped Pegmatite Striking 1.5km In Length And Exceeding 20m In Width2

Winnipeg, Manitoba--(Newsfile Corp. - May 15, 2023) - Beyond Minerals Inc. (CSE: BY) (OTCQB: BYDMF) (the "Company" or "Beyond Minerals") is pleased to announce the completion of a non-brokered private placement of 2,764,600 common shares in the capital of the Company that will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) (the "Flow-Through Shares") at a price of $0.50 per share for aggregate gross proceeds of $1,382,300 (the "Offering").

The gross proceeds from the Offering will be used by the Company to incur eligible "Canadian exploration expenses" that will qualify as "flow-through critical mineral mining expenditures" as such terms are defined in the Income Tax Act (Canada) (the "Qualifying Expenditures") related to the Company's projects in Ontario. All Qualifying Expenditures will be renounced in favour of the subscribers of the Flow-Through Shares effective December 31, 2023.

Beyond also announces that it has begun an extensive Phase 1 exploration program to assess its 64 Lithium projects located across Ontario, Canada.

Beyond's President and CEO, Allan Frame, commented: "With the closing of this flow-through financing, Beyond is uniquely positioned to execute on its 2023 exploration program, starting with a Phase 1 exploration program that will cover our 64 Lithium projects, representing the largest lithium portfolio in Ontario. Our projects are located within the most active Lithium exploration areas across Ontario. We are pleased to start the field season early in the Dryden East area and will gradually shift to the central and northern areas as the snow continues to melt. The results from the Phase 1 program will lead to a Phase 2 program which will have its primary focus to delineate potential drill targets and provide additional geological information to enter into potential joint ventures."

Figure 1: Tenure map of Dryden area

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8620/166033_da8b5cf974751aa9_003full.jpg

Figure 2: Geological map of Dryden area

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8620/166033_da8b5cf974751aa9_004full.jpg

Beyond has 64 Lithium projects totalling over 150,000 hectares across Ontario. Most of the projects are accessible via highways and logging roads except for eight projects (12,051 hectares) which require helicopter access support. These eight projects are situated near Frontier Lithium's Pak and Spark Lithium deposits in northwestern Ontario. In addition, most of the projects are close to cities and towns and proximal to infrastructures such as the Trans-Canada Railway and hydro power lines.

Figure 3: Locations of Beyond Lithium projects in Ontario

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8620/166033_da8b5cf974751aa9_005full.jpg

Exploration Program

The 64 Beyond Lithium projects located in Ontario are greenfield exploration projects that historically have not been prospected or explored specifically for Lithium or Lithium-Cesium-Tantalum pegmatites. Beyond has reviewed the historical and regional data available of all the projects and geo-referenced most of the mapped pegmatite outcrops. The main focus of the Phase 1 exploration program is to formally map, assess and systematically sample these pegmatite outcrops, identify new pegmatite showings, and locate prospective regional or terrane structures.

A total of 11 projects have records with historical drilling information and 8 of them reported intercepts of pegmatites noted in the drill logs. Drill cores from three projects, the Scholfield, the Oneman Lake, and the Sollar Lake are available for relogging and sampling. Re-examination and sampling of the pegmatites intercepts of these three projects will be conducted during Phase 1. Assays from these historical drill holes will quickly outline potential follow-up drill targets to confirm these historical drill holes.

The LiDAR survey planned for the Wisa Lake Lithium project next to the Green Technology Metals' Wisa Project will provide a detailed digital elevation model (DEM) of the area which is a useful exploration tool for identifying and prioritizing areas within the project evidencing the highly prospective combination of outcrop and structure. LiDAR is a remote sensing method that is utilized to create digital terrain (DTM) and DEM of the landscape. As the topography of the area is generally flat, a subtle change to elevation high may indicate pegmatite outcrops or features worth prospecting.

All data collected from the Phase 1 exploration program will be integrated into the existing database for interpretation and used to prioritize projects for the Phase 2 program planned later this field season. The Phase 2 program will include detailed geological mapping and sampling of the selected projects. The key objective of the Phase 2 program will be to define potential drill targets.

In connection with the Offering, the Company paid certain eligible third parties dealing at arm's length with the Company (the "Finders"): (i) cash commissions totalling $88,224.50, representing 6.5% of the proceeds raised from subscribers introduced to the Company by such Finders; and (ii) an aggregate of 176,449 non-transferable broker warrants (the "Broker Warrants"), representing 6.5% of the number of Flow-Through Shares sold to such subscribers, each exercisable to acquire one common share of the Company for 2 years from the date of issuance at exercise price of $0.50 per share.

All securities issued under the Offering are subject to a hold period of four months and one day from their date of issuance.

The offered securities have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.

Qualified Person and Third-Party Data

The scientific and technical information in this news release has been reviewed and approved by Lawrence Tsang, P.Geo., VP Exploration of the Company. Lawrence Tsang is a "qualified person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

About Beyond Minerals Inc.

Beyond Minerals Inc. is the largest greenfield lithium exploration player in Ontario with 64 high potential greenfield lithium properties totalling over 150,000 hectares. The Company has adopted the project generator business model to maximize funds available for exploration projects, while minimizing shareholder dilution. Beyond Minerals is advancing certain of its projects with its exploration team and will seek to option other properties to joint venture partners. Partnering on various projects will provide a source of non-dilutive working capital, partner-funded exploration, and long-term residual exposure to exploration success.

Please follow @BeyondMinerals onTwitter, Facebook, LinkedIn, InstagramandYouTube.

For more information, please refer to the Company's website at www.beyondminerals.ca.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding future capital expenditures, anticipated content, commencement, and cost of exploration programs in respect of the Company's projects and mineral properties, anticipated exploration program results from exploration activities, resources and/or reserves on the Company's projects and mineral properties, and the anticipated business plans and timing of future activities of the Company, are forward-looking information. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward-looking information can be identified by words such as "pro forma", "plans", "expects", "will", "may", "should", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", "potential" or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. In stating the forward-looking information in this news release, the Company has applied several material assumptions, including without limitation, that market fundamentals will result in sustained precious and base metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future exploration of the Company's properties, the availability of financing on suitable terms, and the Company's ability to comply with environmental, health and safety laws.

Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the statements of forward-looking information. Such risks and other factors include, among others, statements as to the anticipated business plans and timing of future activities of the Company, the proposed expenditures for exploration work on its properties, the ability of the Company to obtain sufficient financing to fund its business activities and plans, delays in obtaining governmental and regulatory approvals (including of the Canadian Securities Exchange), permits or financing, changes in laws, regulations and policies affecting mining operations, risks relating to epidemics or pandemics such as COVID-19, the Company's limited operating history, currency fluctuations, title disputes or claims, environmental issues and liabilities, as well as those factors discussed under the heading "Risk Factors" in the Company's prospectus dated February 23, 2022 and other filings of the Company with the Canadian securities regulatory authorities, copies of which can be found under the Company's profile on the SEDAR website at www.sedar.com.

Readers are cautioned not to place undue reliance on forward-looking information. The Company undertakes no obligation to update any of the forward-looking information in this news release except as otherwise required by law.

For further information, please contact:

Alan Frame
President and CEO
Tel: 403-470-8450
Email: allan.frame@beyondminerals.ca

Jason Frame
Manager of Communications
Tel: 587-225-2599
Email: jason.frame@beyondminerals.ca

¹8.0 Mt at 1.07% Li2O Maiden Mineral Resource at Mavis Lake, See Critical Resources (ASX: CRR) announcement released 4 May 2023
²See Green Technology Metals (ASX: GT1) Wisa Project Qualified Person and Third-Party Data

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/166033

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Beyond Minerals BY:CC CSE:BY Battery Metals Investing

BY:CC

Beyond Lithium Announces Shares for Debt Transactions

Beyond Lithium Inc. (CSE: BY) (OTCQB: BYDMF) (the "Company" or "Beyond Lithium") announces that it has agreed to settle debts relating to certain consulting fees owed to two arm's length parties by issuing an aggregate of 171,554 common shares of the Company at a deemed price of $0.185 per share, representing an aggregate value of $31,737.50 (the "Debt Settlement").

All common shares to be issued pursuant to the Debt Settlement will be subject to the statutory hold period of four months and one day from their date of issuance and 58,750 of the shares shall be subject to additional contractual hold period expiring on July 10, 2024.

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Beyond Lithium Intersects 2.30% Li2O over 3.84m in Wider Pegmatites Zone of 0.46% Li2O over 36.25m at the Ear Falls's Wenasaga North Zone

Highlights

Drilling intercepts encountered high grade spodumene-bearing pegmatites in wider pegmatites zone:
- 2.30% Li₂O and 178ppm Cs over 3.84m in wider pegmatites zone of 0.46% Li₂O and 250ppm Cs over 36.25m (EF23-04).
- 0.58% Li₂O and 387ppm Cs over 3.2m and 0.51% Li₂O and 960ppm Cs over 2.63m in wider pegmatites zone of 0.30% Li₂O and 348ppm Cs over 24.9m (EF23-02).
- 0.97% Li₂O and 236ppm Cs over 1.58m in wider pegmatites zone of 0.29% Li₂O over 15.36m (EF23-03).
Holes #1-4 are mineralized with lithium from top to bottom (hole lengths vary between 30 to 60m).
Six out of the seven holes (EF23-01 to 05 & 07) ended in mineralization signifying the system remains open at depth and along strike of the 13km long exploration corridor.
Six out of the seven holes have pervasive and strong lithium and cesium mineralization in the alteration halo around the pegmatites indicating the potential of a larger system with wider pegmatites at depth and along strike.
Drilling results show a doubling of the width of the Wenasaga North Zone from 35 to 70m.
Drilling results confirm new pegmatites zone at depth that was not exposed previously on surface.
The Sandy Creek West Zone has the same geochemical signatures with highly anomalous lithium and cesium as the drilling results from the Wenasaga North Zone implying the Sandy Creek West Zone is proximal to spodumene mineralization.

Beyond Lithium Inc. (CSE: BY) (OTCQB: BYDMF) (the "Company" or "Beyond Lithium") is pleased to announce the drill results of its 2023 drilling program at the Ear Falls Project (20,623 ha) with core logging facility located in the town of Ear Falls, Ontario, that is just 10 minutes away from the site. The 2023 drilling program completed seven AQ-sized drill holes totaling 329.59m. The seven drill holes drilled tested 200m strike length of the initial spodumene-bearing pegmatites discovery at Ear Falls, the Wenasaga North Zone, with grab samples up to 4.54% Li2O (see press release dated September 17, 2023).

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Beyond Lithium Enters Property Sale Agreement with Patriot Lithium for Borland Claims

Beyond Lithium Inc. (CSE: BY) (OTCQB: BYDMF) (the "Company" or "Beyond Lithium") is pleased to announce that it has entered into a mineral property purchase agreement (the "Purchase Agreement") with Patriot Lithium Limited ("Patriot"), an Australian based mineral exploration company listed on the Australian Stock Exchange (ASX:PAT), pursuant to which the Company will transfer to Patriot an undivided 100% interest in the 61 mining claims comprising the Company's Borland East and Borland North projects located approximately 60 km northwest of Frontier Lithium's PAK project in Northwest Ontario (the "Borland Claims").

As consideration for the Borland Claims, Patriot will issue to Beyond Lithium on closing, 1,100,000 fully paid ordinary shares in the capital of Patriot, subject to certain contractual escrow requirements (the "Purchase Price Shares"). Additionally, Patriot shall pay Beyond Lithium a cash payment of C$2,500,000 for an initial mineral resource estimate filed or announced by Patriot declaring any JORC, NI 43-101, or SK-1300 compliant, as applicable, deposits or orebodies contained exclusively in any part of the Borland Claims exceeding 20 million metric tonnes of contained Li₂O with an average grade equal to 1.0% Li₂O or greater.

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Victory Announces Private Placements

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Victory Battery Metals Corp. (CSE:VR)(FRA:VR6) (OTC PINK:VRCFF) ("Victory" or the "Company") announces today that it will undertake a non-brokered private placement of up to $500,000 by the issuance of 10,000,000 units at $0.05, each unit consisting of one share and one half a warrant. Each whole warrant entitles the holder to additional share for 2 years at a price of $0.10

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GMV Minerals Inc. Closes Second Tranche Non-Brokered Financing

GMV Minerals Inc. (the "Company" or "GMV") (TSXV:GMV)(OTCQB:GMVMF) is pleased to announce that it has closed the second and final tranche of its non-brokered private placement. The second tranche raised gross proceeds of $80,250 from the issuance of 535,000 units (the "Units") at a price of $0.15 per Unit. The total private placement raised $301,350 in gross proceeds with the issuance of 2,009,000 Units

Each Unit consists of one common share of the Company (a "Common Share") and one half of one Common Share purchase warrant ("Warrant"). Each Warrant entitles the holder to purchase one Common Share at a price of $0.25 for a period of twelve months from the date issuance.

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NextSource Materials Provides Development Update on Battery Anode Facility in Mauritius Freeport Zone

NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce progress with the development of its Battery Anode Facility (BAF) in the Freeport Zone of the port of Port-Louis, Mauritius

Following a comprehensive site selection process, the Company has signed a long-term lease agreement for a site in the Freeport Zone of Port-Louis for the location of its first BAF plant. The Company has integrated engineering improvements into the plant design and initiated the environmental permitting (EIA) process.

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Sirios grants Brunswick right to purchase a royalty on select claims of the Mirage Property

The directors of Sirios Resources Inc. (TSX-V: SOI; OTCQB: SIREF) ("Sirios") are pleased to announce that Sirios has signed an agreement with Brunswick Exploration Inc. ("Brunswick") granting it the right to purchase a 0.5% Net Smelter Return ("NSR") held by Sirios on 8 claims that are part of Brunswick Exploration's Mirage lithium property located in Eeyou Istchee James Bay (ref. : 29082023 Press Release ).

Under the terms of the purchase agreement, Brunswick shall:

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Brunswick Signs Right to Repurchases 0.5% NSR on Select Claims at Mirage

Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; " BRW " or the " Company ") is pleased to announce that it signed an agreement with Sirios Resources (" Sirios ") to repurchase an existing 0.5% NSR on certain claims within the Mirage Project, located in the Eeyou Istchee James Bay region of Quebec.

Mr. Killian Charles, President and CEO of BRW, commented: "We are excitedly looking forward to the approaching release of the first wave of results from our Winter 2024 campaign at Mirage as these results will continue to demonstrate the growing exploration prospectivity at Mirage. In the interim, we have been actively working in consolidating the region and improving the economic potential of the project through various opportunities including this royalty repurchase and the transaction announced today further cements Mirage as one of the leading lithium projects in our portfolio."

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Name	Area (ha)
Victory Spodumene	16,682
Ear Falls Spodumene	20,623
Cosgrave Lake	8,993
Wisa	6,666

Project	Size (ha)
Escape Lake W	1,684
Escape Lake E	1,727
Edwards Lake	1,062
Brule Lake	640
Arrel Lake	3,585
Smiley Lake	5,094
Pillar Lake	662
Hilltop	4,204
Mountairy	7,503
Bannerman	562
Oneman Lake	578
Separation Lake	620
Windfall Road	1,068
Jessiman	3,746
Antenna Lake	820

Zone	Type	# of Samples	Averaged Li2O %	Averaged Cs ppm
Wenasaga North	Core	193	0.17	189
Wenasaga North	Channel	32	0.16	227
Wenasaga North	Grab	2	0.20	385
	Total	227	0.17	196

Sandy Creek West	Grab	3	0.23	228

HOLE #		FROM	TO	WIDTH	Li2O WGT. AVG %	Cs WGT. AVG PPM
EF23-01		0	0.7	0.7	0.41	1065
	and	2.7	8	5.3	0.23	220
	and	9.05	15.3	6.25	0.33	366

EF23-02		0	24.9	24.9	0.30	348
	incl.	1.3	3.93	2.63	0.51	960
	also incl.	12.15	15.35	3.2	0.58	387

EF23-03		8.55	23.91	15.36	0.29	200
	incl.	12.5	23.91	11.41	0.31	218
	incl.	18.57	20.15	1.58	0.97	236
	also incl.	22	23.91	1.91	0.34	202

EF23-04		7.13	49.65	42.52	0.41	235
	incl.	13.4	49.65	36.25	0.46	250
	or	13.4	34.93	21.53	0.65	269
	incl.	13.4	23.05	9.65	0.34	300
	also incl.	25.16	34.93	9.77	1.06	236
	or	25.16	29	3.84	2.30	178

EF23-05		2.15	5.57	3.42	0.19	145.00

EF23-06	no significant interval

EF23-07		17.8	22.47	4.67	0.20	214
		25.25	27.45	2.2	0.17	100
		28.1	29.94	1.84	0.20	77
		41.22	42.94	1.72	0.19	127
		44.85	47.24	2.39	0.24	133

Hole ID	UTM Zone	Easting	Northing	Elev	Az	Dip	Length (m)
EF23-01	15	483750	5620046	385	115	-47	29.87
EF23-02	15	483750	5620046	385	115	-70	32.47
EF23-03	15	483727	5620027	385	120	-55	38.46
EF23-04	15	483727	5620027	385	120	-75	60.96
EF23-05	15	483727	5620027	385	300	-55	30.48
EF23-06	15	483688	5619944	379	120	-55	62.67
EF23-07	15	483688	5619944	379	300	-55	74.68

(a)	completing a Going Public Transaction within 18 months of the date of the Option Agreement (the "Effective Date");

(b)	issuing to the Company an aggregate of 1,000,000 common shares in the capital of the Optionee upon closing of the Going Public Transaction, subject to certain contractual escrow requirements;

(c)	reimbursing the Optionor for its costs associated with the exploration of the Fabie Gold Project in the amount of C$150,000 cash as follows:

	(i)	$50,000 to be paid on the earlier of (A) 90 days from the Effective Date or (B) closing of the Optionee's first debt or equity financing transaction completed following the Effective Date;

	(ii)	$100,000 to be paid on or prior to completion of the Going Public Transaction; and

(d)	assuming the 1.0% net smelter return royalty obligation of the Company in respect of the Fabie Gold Project in favour of Reyna Silver Corp. upon exercise of the Option.

Beyond Minerals Closes $1.38-Million Flow-Through Financing

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Overview

Company Highlights

Key Projects

Victory Spodumene Project

Project Highlights:

Ear Falls Spodumene Project

Project Highlights:

Cosgrave Lake Project

Project Highlights:

Other Projects in Prolific Districts

District:

Frontier Lithium District

Case Lake District

Wisa Lake District

Dryden Mavis Lake District

Superb District

Management Team

Allan Frame - President and CEO

Craig Gibson - Director

Carmelo Marrelli - Chief Financial Officer

Tom Provost - Corporate Secretary and Director

Lawrence Tsang, P. Geo - Vice President of Exploration

Michelle DeCecco - Director

James Campbell - Director

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