Lux Metals Corp. — Capital/Financing Update 2020

Mar 18, 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, March 18, 2020 – BlueBird Battery Metals Inc. (TSXV: BATT; US:BBBMF) (the “ Company ” or “ BlueBird ”) is pleased to announce that it has closed a private placement of 10,000,000 common shares at $0.05 per share for total gross proceeds of $500,000 (the “ Placement ”).

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.

The Placement is subject to the final acceptance of the TSX Venture Exchange.

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.