Vancouver, British Columbia--(Newsfile Corp. - April 17, 2023) - PowerStone Metals Corp. (CSE: PS) (FSE: W0R) ("PowerStone" or the "Company") is pleased to announce that the Company's common shares (the "Shares") have commenced trading on the Frankfurt Stock Exchange ("FSE") under the symbol "W0R". The FSE is one of the world's largest (behind only the Nasdaq and NYSE) organized exchange-trading markets based on trading volume.

The listing of the Company's Shares on the FSE in addition to the Canadian Securities Exchange (the "CSE") is expected to heighten exposure of the Company in the European marketplace, which features an investor base traditionally active in the junior mining sector. The Company is of the view that listing on the FSE will enhance its share liquidity and support the development of an active and engaged European investor base.

About PowerStone Metals Corp.

PowerStone is a mineral exploration company focused on the identification and exploration of high-quality critical metals assets, in favorable mining jurisdictions, to help meet the increasing demand of metals required for the transition to a green economy. PowerStone is currently exploring the Chilton Cobalt Property, a prospective cobalt asset located in Quebec, Canada. The Company may also evaluate the acquisition of other mineral exploration assets and opportunities. For more information, please visit .

Contact Information

Raymond Harari
Chief Executive Officer, PowerStone Metals Corp.
e: rdh@canaliscapital.com
t: 507-6675-2221

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this press release constitute "forward-looking information" as that term is defined in applicable Canadian securities legislation. Forward-looking information by its nature is based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. We have made certain assumptions about the forward-looking statements and information. Although PowerStone's management believes that the assumptions made and the expectations represented by such information are reasonable, there can be no assurance that the forward-looking information will prove to be accurate. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. These risks, uncertainties and other factors include, the possibility that a liquid market for PowerStone's Shares will not develop and that it will be unsuccessful in attracting new investors to support the development of its business and those factors discussed in the section entitled "Risk Factors" in PowerStone's final long form prospectus filed on SEDAR. There can be no assurance that forward-looking statements or 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 the forward-looking statements or information contained herein. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

The CSE has in no way passed upon the merits of the business of the Company and has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

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