Lux Metals Corp. — Capital/Financing Update 2020

Jan 2, 2020

200 Burrard Street, Suite 1680 Vancouver, British Columbia, V6C 3L6 Tel: (604) 678‐5308 www.bluebirdbatterymetals.com

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BlueBird Closes Financing

Vancouver, British Columbia, December 30, 2019 – BlueBird Battery Metals Inc. (TSXV: BATT; US:BBBMF) (the “ Company ” or “ BlueBird ”) is pleased to announce that it has closed a private placement of 1,490,909 units at $0.055 per unit for total gross proceeds of $82,000 (the “ Placement ”). Each unit consists of one common share and one transferable share purchase warrant, each warrant exercisable into one additional common share for a period of two years from the date of issue at a price of $0.07 per share.

Proceeds of the Placement will be used for general working capital.

All securities issued under the Placement will be subject to hold periods expiring four months from the date of issue.

On Behalf of the Board of BlueBird Battery Metals Inc.

Nav Dhaliwal

Chief Executive Officer

For more information, please contact 1-855-584-0160 or info@bluebirdbatterymetals.com.

Neither TSX Venture Exchange, the Toronto Stock Exchange nor their 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.