CORRECTION FROM SOURCE to Press Release Announcing Closing of Second Tranche of Non-Brokered Private Placement

Vancouver, August 28, 2024 - Visionary Metals Corp. (TSXV: VIZ) ("Visionary" or the "Company") is issuing the following press release to amend its press release dated August 8, 2024, to correct the disclosure regarding the amount of units of the Company (each, a "Unit") issued on closing of its second tranche (the "Second Tranche") of its previously announced non-brokered private placement (the "Offering").The Company issued 5,240,000 Units at a price of $0.05 per Unit (the "Offering Price") for gross proceeds of $262,000 in the Second Tranche for a total of 8,276,000 Units and total gross proceeds of $413,800 in the Offering as a whole, while the previous incorrect disclosure provided that the Company issued 5,140,000 Units for gross proceeds of $257,000 in the Second Tranche for a total of 8,176,000 Units and total gross proceeds of $408,800 in the Offering as a whole. In connection with the above correction, the correct number of Units issued by the Company under the listed issuer financing exemption was 600,000 rather than 500,000 previously disclosed.

This news release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements.

All $ amounts herein are in Canadian dollars unless otherwise noted.

About Visionary Metals Corp:

Visionary Metals Corp. is a Vancouver-based mineral exploration company focused on making new electric metals discoveries in Fremont County, Wyoming. Visionary's mission is to explore responsibly and to develop resources in a manner that is beneficial to all stakeholders. While central Wyoming has a strong mining history and favourable geologic conditions to host many types of metal deposits, it has never been systematically explored using modern techniques. The Company now controls a land package greater than 55 square kilometres with numerous drill ready targets, all accessible by road and within a one-hour drive from Visionary's US headquarters in Lander County, Wyoming.

For additional information, please visit:
www.visionarymetalscorp.com

FORWARD-LOOKING STATEMENTS

This news release may contain "forward-looking statements" within the meaning of Canadian securities legislation. Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Neither the TSX Venture Exchange nor its 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.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/221459