Fabled Copper Corp. announced, further to its press releases dated March 22, 2023 and March 23, 2023 that it has entered into definitive option agreements (the Agreements) to acquire the Ohm and Volt 1 lithium properties located in Quebec. The Agreements each have a closing date of June 28, 2023.

The OHM Property consists of 51 contiguous cells comprising of 2,856 hectares located approximately 70 kms south of Val D'Or. The OHM Property can be easily accessed from the main highway, route 117 and forestry roads 43 and 44. A minimum of at least 10 pegmatite outcrops have been documented by the vendors.

No documented work has been done in the search for lithium within the pegmatite swarms. Under the terms of the option agreement to acquire the Ohm Property (the "Ohm Agreement"), Fabled may exercise the option and acquire the OHM Property by paying to the vendors: (a) cash as follows: Cash Payment Timing Payment Amount: On June 28, 2023 (the "OHM Closing Date") $50,000; By the 12 month anniversary of the OHM Closing Date $75,000; By the 24 month anniversary of the OHM Closing Date $100,000; By the 36 month anniversary of the OHM Closing Date $125,000; By the 48 month anniversary of the OHM Closing Date $150,000. common shares of the Company as follows: On the OHM Closing Date 200,000 shares; By the 12 month anniversary of the OHM Closing Date 250,000 shares; By the 24 month anniversary of the OHM Closing Date 350,000 shares; By the 36 month anniversary of the OHM Closing Date 400,000 shares. Fabled must also incur cumulative exploration expenses on the OHM Property by the following dates: By the 12 month anniversary of the OHM Closing Date $50,000; By the 24 month anniversary of the OHM Closing Date $150,000; By the 36 month anniversary of the OHM Closing Date $350,000; By the 48 month anniversary of the OHM Closing Date $650,000.

Fabled will also grant the OHM Vendors a 3% NSR royalty over the OHM Property. Fabled may purchase 2% of the NSR Royalty at any time for $2,000,000. VOLT 1 and 2 Properties: Fabled previously entered into a purchase agreement with arm's length vendors on March 21, 2023 to acquire two separate contiguous lithium claims (the VOLT 2 Property) for a total one-time payment of $1,000.

The VOLT 2 Property is approximately 2 km due west of the VOLT 1 Property. The VOLT 1 Property is comprised of 9 contiguous cells with a total size of 504 hectares. The VOLT 2 Property is comprised of 2 contiguous cells with a total size of 112 hectares.

Both properties are located due east of the village of Miquelon, Quebec and are surrounded by Mosaic Minerals Corp.'s Lithium SM Project. Terms of the VOLT 1 Agreement: Under the terms of the option agreement to acquire the Volt 1 Property (the Volt 1 Agreement), Fabled may exercise the option and acquire the Volt 1 Property by paying to the vendors: cash as follows: On June 28, 2023 (the "V1 Closing Date") $30,000; By the 12 month anniversary of the V1 Closing Date $35,000; By the 24 month anniversary of the V1 Closing Date $40,000; By the 36 month anniversary of the V1 Closing Date $45,000; By the 48 month anniversary of the V1 Closing Date $50,000; common shares of the Company as follows: On the V1 Closing Date 200,000; By the 12 month anniversary of the V1 Closing Date 250,000; By the 24 month anniversary of the V1 Closing Date 250,000; By the 36 month anniversary of the V1 Closing Date 300,000; By the 48 month anniversary of the V1 Closing Date 400,000. Fabled must also incur cumulative exploration expenses on the VOLT 1 Property by the following dates: By the 12 month anniversary of the V1 Closing Date $40,000; By the 24 month anniversary of the V1 Closing Date $90,000; By the 36 month anniversary of the V1 Closing Date $160,000; By the 48 month anniversary of the V1 Closing Date $260,000.

Fabled will also grant the VOLT 1 Vendors a 3% NSR royalty over the VOLT 1 Property. Fabled may purchase 2% of the NSR royalty at any time for $2,000,000.