Disclaimer

How To Get Shares Of Two New Companies By Simply Owning This One Stock…

About the Company and Forward-Looking Information Disclaimer

Arizona Metals Corp owns 100% of the Kay Mine Property in Yavapai County. An historic estimate by
Exxon Minerals in 1982 reported a “proven and probable reserve of 6.4 million short tons at a grade of
2.2% copper, 2.8 g/t gold, 3.03% zinc, and 55 g/t silver.” The historic estimate at the Kay Mine was
reported by Exxon Minerals in 1982. (Fellows, M.L., 1982, Kay Mine massive sulphide deposit: Internal
report prepared for Exxon Minerals Company)
*The Kay Mine historic estimate has not been verified as a current mineral resource. None of the key
assumptions, parameters, and methods used to prepare the historic estimate were reported, and no
resource categories were used. Significant data compilation, re-drilling and data verification may be
required by a Qualified Person before the historic estimate can be verified and upgraded to be a current
mineral resource. A Qualified Person has not done sufficient work to classify it as a current mineral
resource, and Arizona Metals is not treating the historic estimate as a current mineral resource.
Arizona Metals Corp. also owns 100% of the Sugarloaf Peak Property, in La Paz County, which is
located on 4,400 acres of BLM claims. Sugarloaf is a heap-leach, open-pit target and has a historic
estimate of “100 million tons containing 1.5 million ounces gold” at a grade of 0.5 g/t (Dausinger, N.E.,
1983, Phase 1 Drill Program and Evaluation of Gold-Silver Potential, Sugarloaf Peak Project, Quartzsite,
Arizona: Report for Westworld Inc.)

The historic estimate at the Sugarloaf Peak Property was reported by Westworld Resources in 1983. The
historic estimate has not been verified as a current mineral resource. None of the key assumptions,
parameters, and methods used to prepare the historic estimate were reported, and no resource categories
were used. Significant data compilation, re-drilling and data verification may be required by a Qualified
Person before the historic estimate can be verified and upgraded to a current mineral resource. A
Qualified Person has not done sufficient work to classify it as a current mineral resource, and Arizona
Metals is not treating the historic estimate as a current mineral resource.

The technical information contained in the article was reviewed and approved by David Smith,
Vice-President, Exploration for Arizona Metals, who is a Qualified Person (“QP”) under National
Instrument 43-101 – Standards of Disclosure for Mineral Projects.

Forward-Looking Statements Disclaimer

Certain statements in the article entitled How To Get Shares Of Two New Companies By Simply Owning
This One Stock… constitute “forward-looking information” (collectively, “forward-looking statements”)
within the meaning of the applicable Canadian securities legislation, All statements, other than statements
of historical fact, are forward-looking statements and are based on expectations, estimates and projections
as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans,
projections, objectives, assumptions, future events or performance (often but not always using phrases
such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”,
“budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and
phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be
taken to occur or be achieved) are not statements of historical fact and may be forward-looking
statements. Forward-looking statements contained herein include, without limitation, statements
regarding the proposed spin-out and the related regulatory and shareholder approvals, and likelihood of
pursuing a listing process at some point in the future. In making the forward-looking statements contained
herein, Arizona Metals has made certain assumptions. Although Arizona Metals believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the
expectations of any forward-looking statements will prove to be correct. Known and unknown risks,
uncertainties, and other factors which may cause the actual results and future events to differ materially
from those expressed or implied by such forward-looking statements. Such factors include, but are not
limited to: delay or failure to receive required shareholder, court, exchange or regulatory approvals;
mobilization of drill rigs and equipment; performance by Arizona Metals’ drilling contractor; and general
business, economic, competitive, political and social uncertainties. Accordingly, readers should not place
undue reliance on the forward-looking statements and information contained herein. Except as required
by law, Arizona Metals disclaims any intention and assumes no obligation to update or revise any
forward-looking statements to reflect actual results, whether as a result of new information, future events,
changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.