Canadian Metals Inc. announced that it has acquired block 8874 adjoining the new LG discovery at its Gold Strike Project pursuant to an arm's length property acquisition agreement. Pursuant to the Agreement, the Corporation paid $35,000 in cash and issued 500,000 common shares (each a "Share") of the Corporation. The shares issued pursuant to the Agreement will be subject to a four-month hold period ending September 3, 2022.

The claims is subject to a 2% net smelter returns royalty of which the Corporation has the right to repurchase 1% for $1,000,000.