Fundamental Research Publishes Updated Analyst Report on New Age Metals

– Fundamental Research Publishes Updated Analyst Report on New Age Metals Inc. (TSXV:NAM; OTCQB:NMTLF; FSE:P7J.F)owns 100% of the River Valley Platinum Group Metals (PGM) Project, which is North America’s largest undeveloped primary PGM Project located 100 kilometers from the Sudbury Metallurgical Complex, Ontario, Canada. Primary PGM deposits are rare outside of South Africa and Russia. see Ellis Martin April 16th interview.

– River Valley is the largest undeveloped primary PGM resource in North America, with 4.6 Moz PdEq in Measured Plus Indicated including an additional 2.6 Moz PdEq in Inferred. The River Valley PGM Project has excellent infrastructure and is within 100 kilometers of the Sudbury Metallurgical Complex. The project is 100% owned by New Age Metals (see news releases dated March 21st, 2018 and April 11th, 2018).

– Fundamental Research Corp, updated analyst report on New Age Metals, including comments on updated resource estimate at River Valley and exploring opportunities in Alaska. (see FRC Report here or on www.newagemetals.com/www.researchfrc.com)

– Management’s objective for River Valley is to develop a series of open pits (bulk mining) over the 16 kilometers of mineralization, concentrate on site, and ship the concentrates to the long-established Sudbury Metallurgical Complex.

– Alaska: On April 18th,/April 4th, 2018, NAM announced the right to purchase 100% of the Genesis PGM Project, NAM’s first Alaskan PGM acquisition related to the April 4/18th agreement. The Genesis PGM Project is a road accessible, under explored, highly prospective, multi-prospect drill ready Pd-Pt-Ni-Cu property.

– Lithium Division: As field manager, NAM is currently preparing for the spring/summer exploration program where a minimum of $500,000 is to be expended in 2018 on the company’s five Lithium projects in Manitoba (see news release dated January 15th, and February 22nd, 2018). The 2018 budget will allow for 2 out of the 3 drill ready projects to be drilled.

– These new age metals, Lithium, PGM’s and Rare Metals, have robust macro trends with surging demands and limited supply, and will fuel the demand for energy storage and other core 21st Century Technologies.

– Lithium has an ever-increasing demand for batteries in cellphones, laptops, electric cars, solar storage, wireless charging and renewable energy products.

April 25th, 2018 / TheNewswire / Rockport, Canada – New Age Metals Inc. (TSX.V: NAM; OTCQB: NMTLF; FSE: P7J.F) is pleased to announce that Fundamental Research Corporation (FRC) has completed an updated analyst Report on New Age Metals dated on April 18th, 2018.

New Age Metals Chairman & CEO, Harry Barr stated: “We are pleased to be working with Fundamental Research Corp., and more specifically their analyst Siddharth Rajeev, who has updated his previous analyst report on New Age Metals (NAM). This analytical report will allow our shareholders and potential investors to gain insight and fair value from a third party analytical report.”

The FRC report is currently available to view, HERE, on our website at www.newagemetals.com, to download, from FRC’s website – www.researchfrc.com, or upon written request from FRC: Fundamental Research Corp. Analysts: Sid Rajeev Suite 308 – 1155 West Pender Street Vancouver, BC, Canada V6E 2P4 telephone: 604-682-7050, fax: 604-682-7001, email: info@researchfrc.com. For additional information please contact Paul Poggione at paulp@newagemetals.com or by phone at 613-659-2773.

ABOUT FUNDAMENTAL RESEARCH CORP.

FRC’s research report on New Age Metals was written and produced by senior analyst Siddharth Rajeev, B.Tech (Electronics Engineering), MBA (Finance), CFA, Vice-President – Head of Research. FRC’s research department, headed by Sid Rajeev has covered over 300 small and micro-cap companies and 150 exempt market/private issues from a broad array of industries including Energy, Mining, Real Estate and Technology. Sid Rajeev regularly provides media commentary on the valuation of small cap stocks and industries he covers. He also manages the FRC list of Top Picks, which are the stocks under FRC’s coverage which he has the highest conviction level about. These picks have historically helped FRC to a high rating in various third-party analyst performance rankings. He is also co-author of two online courses including the very successful “Evaluation of Junior Mining Companies for Investment Purposes”which has evolved into classroom courses, seminars, and is in demand at investment conferences across North America.

CURRENT MARKET AWARENESS PROGRAM

Conferences thus far this year, in early February our President Trevor Richardson was in South Africa attending 3 conferences with a full schedule, including two 1-2-1 style conferences with over 25 pre-booked meetings with mine finance companies, major mine companies, institutions, stock brokers, and high net worth individuals. In mid-February, Harry Barr (CEO) and Paul Poggione (Corporate Development), had a minimum of 25 pre-booked meetings at the Capital Event Conference in Whistler to meet new and existing investors, stockbrokers and institutions. In March, the entire New Age Metals team assembled in Toronto. We attended the RAI$E Capital 1-2-1 event, where at least 25 different groups were presented NAM’s corporate mandate via our slide deck. On the Saturday before the Prospectors and Developers Association Convention (PDAC), we had various meetings at the Metals Investor Forum Conference. Our main event, the PDAC in Toronto, the world’s largest mining convention, is where our company hosted a small hospitality room that doubled as a boardroom and over 40 meetings were completed to continue our New Age Metals market awareness program. Several meetings were held with prospectors, junior mining companies, and major mining companies, to advance our objectives. Our President, Trevor Richardson was asked to speak in two packed rooms, one for the Canada-China Investment Conference and the second in the Ontario Pavilion, both talks were focused on advanced stage mineral projects in Ontario. Management of NAM believes that the 2018 PDAC was one of the best attended and most positive mining conferences in recent years. From April 19th to April 22nd, Harry Barr and Trevor Richardson were in Scottsdale, Arizona to attend the Capital Events Arizona 1-2-1 Conference where the team had 18 meetings with a mixture of European and US investors who were institutional, family offices, and registered brokers. Harry and Trevor came away with a positive mentality of the leads they made during the 1-2-1 meetings. Going forward, NAM is planning on attending The Buds, Blockchains and Batteries 2018 Summit in Toronto (May 3rd and 4th, 2018), Capital Events Montreal Conference (June 8th-10th, 2018), an East Coast road-trip including a luncheon in Manhattan on the 26th and John Tumazos Very Independent Research Metals Conference on the Jersey Shore (June 27th and 28th, 2018).

THIRD PARTY SOCIAL MEDIA, DIGITAL MARKETING, and U.S. RADIO CAMPAIGNS

In the first quarter of 2018, NAM signed contracts with Stockhouse.com, Investing News Network (a fully owned subsidiary of Dig Media Inc.), and International Mining Research. These programs will augment our existing programs with Palisade Global, Agoracom, Alpha Stoxx, and Star IR. We are pleased to be working with these companies whose platforms provide content and contact with thousands of investors every day. In early March, to add to our U.S. marketing program and our OTC listing (U.S. Trade Symbol: PAWEF), NAM has signed contracts with NYC Radio, LLC, Corporate Profile Minute on the Larry Kudlow Show, which is featured on over 150 radio stations coast to coast, and the Ellis Martin Report, which is broadcasted on 100 terrestrial stations in the United States and worldwide via the VoiceAmerica Business Channel.

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ABOUT NAM’S PGM DIVISION

NAM’s flagship project is its 100% owned River Valley PGM Project (NAM Website – River Valley Project) in the Sudbury Mining District of Northern Ontario (100 km east of Sudbury, Ontario). Presently the River Valley Project is North America’s largest undeveloped primary PGM deposit with Measured + Indicated resources of 160 million tones @ 0.44 g/t Palladium, 0.17 g/t Platinum, 0.03 g/t Gold, with a total metal grade of 0.64 g/t at a cut-off grade of 0.4 g/t equating to 3,297,173 ounces PGM plus Gold and 4,626,250 PdEq Ounces. This equates to 4,626,250 PdEq ounces M+I and 2,713,933 PdEq ounces in inferred. Having completed a 2018 NI-43-101 resource update the company is finalizing its 2018 exploration programs which will include geophysics, and extensive drill programs, which are all working towards the completion of a Preliminary Economic Assessment (PEA). Our objective is to develop a series of open pits (bulk mining) over the 16 kilometers of mineralization, concentrate on site, and ship the concentrates to the long-established Sudbury Metallurgical Complex. Alaska: April 4th, 2018, NAM signed an agreement with one of Alaska’s top geological consulting companies. The companies stated objective is to acquire additional PGM and Rare Metal projects in Alaska. On April 18th, 2018, NAM announced the right to purchase 100% of the Genesis PGM Project, NAM’s first Alaskan PGM acquisition related to the April 4th agreement. The Genesis PGM Project is a road accessible, under explored, highly prospective, multi-prospect drill ready Pd-Pt-Ni-Cu property.

ABOUT NAM’S LITHIUM DIVISION

The Company has five pegmatite hosted Lithium Projects in the Winnipeg River Pegmatite Field, located in SE Manitoba. Three of the projects are drill ready. This Pegmatite Field hosts the world class Tanco Pegmatite that has been mined for Tantalum, Cesium and Spodumene (one of the primary Lithium ore minerals) in varying capacities, since 1969. NAM’s Lithium Projects are strategically situated in this prolific Pegmatite Field. Presently, NAM is one of the largest mineral claim holders for Lithium in the Winnipeg River Pegmatite Field. On January 15th 2018, NAM announced an agreement with Azincourt Energy Corporation (see Jan 15, 2018 and Feb 22nd, 2018 Press Releases) whereby Azincourt will commit up to $3.85 million dollars in exploration, up to 3 million shares of Azincourt stock to NAM, up to $210,000 in cash, and a 2% net smelter royalty on all 5 projects. Exploration plans for 2018 are currently in progress, whereby a minimum of $500,000 will be expended this year.

DISCLAIMER

The opinions expressed in the Research Report referenced above are the true opinions of the analyst about New Age Metals and its industry. Any “forward looking statements” are FRC’s best estimates and opinions based upon information that is publicly available and that analysts believe to be correct, but have not independently verified with respect to truth or correctness. There is no guarantee that the analyst’s forecasts will materialize. Actual results will likely vary. The analysts and Fundamental Research Corp. “FRC” do not own any shares of New Age Metals, do not make a market or offer shares for sale of New Age Metals, and do not have any investment banking business with the New Age Metals. Although the Company has paid a fee to FRC to subsidize the high costs of research and monitoring (just as fees are paid to bond-rating agencies and auditors for their opinions), the Company is not responsible for the content, accuracy or timelines contained in an analyst’s report and the fee was not dependent on the opinion provided. In addition, readers should be aware, and are cautioned, that opinions, estimates, or forecasts contained in research analyst reports are not subject to the requirements of Canadian National Instrument 43-101 “Standards of Disclosure for Mineral Projects” (“NI 43-101”) and have not received any endorsement or approval by New Age Metals. As such, New Age Metals does not imply or in any way represent that any of the reports, opinions, estimates, or forecasts regarding New Age Metals made by research analysts complies with NI 43-101 or represent the opinions or beliefs of New Age Metals or its management or representatives.

QUALIFIED PERSON

The contents contained herein that relate to Exploration Results or Mineral Resources is based on information compiled, reviewed or prepared by Carey Galeschuk, a consulting geoscientist for New Age Metals. Mr. Galeschuk is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical content of this news release.

On behalf of the Board of Directors

“Harry Barr”

Harry G. Barr

Chairman and CEO

ADDITIONAL INFORMATION

Should you have additional inquiries, please contact Paul Poggione, Corporate Development, Tel: 1-613-659-2773, email: PaulP@NewAgeMetals.com.

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.

Cautionary Note Regarding Forward Looking Statements: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company’s ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forward-looking statements.

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Source: www.thenewswire.com