Vancouver, BC – March 20, 2024 – Quest Critical Metals Inc. (formerly Canadian Palladium Resources Inc.) (“Quest Critical Metals” or the “Company”) (CSE: BULL, OTCQB: DCNNF, FSE: DCR0) announces a strategic decision to optimize its portfolio by relinquishing its option to acquire 100% of the East Bull Palladium project. This move underscores the Company’s commitment to concentrate resources on advancing its Tisova/Klingenthal copper/cobalt VMS and its Minas Gerais lithium projects.

James Newall, President and CEO commented: “whilst the 2018-2023 exploration campaign at East Bull was very successful the market gave us no value for the increase in resource that we delivered. After careful evaluation and consultation with both internal and external advisors, we concluded that the ongoing costs associated with the East Bull property were not justified in the current palladium market conditions. We are redirecting our focus and resources towards our promising Tisova/Klingenthal prospect, in conjunction with our Partners in the EU grant-funded Exploration Information Systems project, as we firmly believe that this will deliver optimal value for our shareholders.”

Quest Critical Metals Inc.

James Newall, President and CEO

T: (604) 639-4472

Reader Advisory

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