Vancouver - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ('CuMoCo' or the 'Company') announces that its Annual General and Special meeting of the Shareholders will be held April 21, 2022 in a virtual-only format, and that its 2021 Notice of Annual Meeting, Management Information Circular and Form of Proxy are now available on SEDAR and on the Company's website at https://cumoco.com/investors/annual-special-general-meeting/.

REGISTRATION AND LOG IN PROCESS

Registered Shareholders and/or duly appointed proxy holders may participate in the Meeting via a live teleconference. Specifically, registered Shareholders and/or duly appointed proxy holders who have properly registered prior to the Meeting as outlined below will be able to ask questions of management via the conference call at the conclusion of the Meeting. All other Shareholders and stakeholders can attend the Meeting via teleconference without pre-registering as outlined below, but will not be permitted to ask questions at the Meeting.

Registered Shareholders and/or Proxyholders who wish to vote or ask questions during the call should pre-register through the following link to obtain their unique PIN and dial in numbers for the meeting: https://services.choruscall.ca/DiamondPassRegistration/registerconfirmationNumber=10018205&linkSecurityString=159bd3a170

After such registration has been completed, such registered Shareholders and/or duly appointed proxy holders will see on screen a unique PIN they have been assigned and dial-in phone numbers they will use to join the conference call. These details will also be sent to such registered Shareholders and/or duly appointed proxy holders by email in the form of a calendar booking. It is recommended that you attempt to connect at least ten minutes prior to the scheduled start time of the Meeting.

For all other Shareholders and stakeholders wishing to attend the Meeting by teleconference, but not ask questions, please dial the following toll free, or international toll number approximately five minutes prior to the commencement of the Meeting and ask the operator to join the Annual General Meeting of American CuMo Mining Corporation

Toll-free (Canada/U.S.): 1-800-319-4610, or Toll (international): +1-604-638-5340.

In order to be permitted to ask questions at the Meeting, registered Shareholders and/or duly appointed proxy holders must register, as described above, prior to the proxy cut-off at time at 10 A.M. on April 19, 2022. To ensure a smooth process, the Company is asking registered participants to log in by 9:45 a.m. (Vancouver time) on April 21, 2022. Registered shareholders and duly appointed proxyholders will be asked to identify themselves before the beginning of the Meeting.

About CuMoCo

CuMoCo is focused on advancing its CuMo Project towards feasibility.

Contact:

Shaun Dykes

Tel: (604) 689-7902

Email: info@cumoco.com

Cautionary statement regarding forward looking information

This news release contains 'forward-looking information' within the meaning of applicable Canadian securities legislation including, but not limited to, statements that address activities, events or developments that the Company expects or anticipates will or may occur in the future, such the Company's ability to move its CuMo Project to feasibility and production, and to become one of the largest and lowest-cost molybdenum producers in the world as well as a significant producer of copper and silver. Forward-looking information is based on a number of material factors and assumptions, including the result of exploration activities, the ability of the Company to raise the financing for a feasibility study and to put the CuMo project into production, that no labour shortages or delays are experienced, that plant and equipment function as specified that the Court will not intervene with the Company's proposed exploration activities at the CuMo Project, and the ability of the Company to obtain all requisite permits and licenses to advance the CuMo Project and eventually bring it into production. Forward-looking information involves known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future prediction, projection or forecast expressed or implied by the forward-looking information. Such factors include, among others, the interpretation and actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of molybdenum, silver and copper; possible variations in grade or recovery rates; labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing, as well as those factors disclosed in the Company's publicly filed documents, including the Company's Management's Discussion and Analysis for the period ended December 31, 2021. There may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.

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