BTU Metals Corp. — AGM Information 2022

Oct 21, 2022

BTU METALS CORP.

Suite 1240- 789 West Pender Street Vancouver, British Columbia, Canada V6C 1H2 Telephone (604) 683-3995

NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

TAKE NOTICE that the annual general meeting (the " Meeting ") of Shareholders of BTU Metals Corp. (the " Company ") will be held via telephone conference with a dial-in of 1-800-760-3510 (access code: 875973), on Thursday, November 17, 2022, at 10:00 a.m. (PST), for the following purposes:

1. To receive the report of the Directors of the Company;

2. To receive and consider the audited financial statements of the Company for its fiscal period April 30, 2022, and the reports of the auditor thereon;

3. To fix the number of Directors of the Company at three;

4. To elect Directors of the Company for the ensuing year;

5. To appoint auditors for the ensuing year and to authorize the Directors to fix their remuneration;

6. To consider and, if thought fit, to pass an ordinary resolution approving the 10% rolling amended and restated stock option plan of the Company; and

7. To transact such other business as may properly come before the Meeting or any adjournment thereof.

The Information Circular dated October 5, 2022 and the form of Proxy accompany this Notice. The Information Circular contains details of matters to be considered at the Meeting.

IMPORTANT NOTICE

As the Company will be holding the Meeting by telephone conference only, shareholders are urged to vote on matters prior to the Meeting by proxy and to listen to the Meeting via telephone conference. Registered shareholders or proxyholders representing registered shareholders participating in the Meeting by telephone conference will not be considered to be present in person at the Meeting for the purposes of determining quorum. Non-registered shareholders who have not duly appointed themselves as a proxyholder will be able to attend the Meeting as a guest, but will not be able to vote at the Meeting.

All shareholders are entitled to attend the Meeting via telephone conference and vote by proxy.

A shareholder who is unable to attend the Meeting in person and who wishes to ensure that such shareholder's shares will be voted at the Meeting is requested to complete, date and sign the enclosed form of Proxy, or another suitable form of Proxy, and deliver it by fax, by hand or by mail in accordance with the instructions set out in the form of Proxy and in the Information Circular.

DATED at Vancouver, British Columbia, this 5[th] day of October, 2022.

BY ORDER OF THE BOARD

“Michael B. England” Michael B. England Director and President

==> picture [488 x 46] intentionally omitted <==

12075222.1