NRG Announces Re-Pricing of Warrants

January 11, 2019 / Vancouver, BC / NRG Metals Inc. (“NRG” or the “Company”) (TSX-V: NGZ) (OTCQB: NRGMF) (Frankfurt: OGPN) is announcing the re-pricing of certain warrants, subject to the approval of the TSX Venture Exchange (the “Exchange”).  All warrants with an exercise price of CAD$0.20 or higher (excluding finder’s warrants) listed below, will be re-priced to CAD$0.11 for a period of thirty days commencing from the date of Exchange approval.  Warrant holders will have the option of exercising their warrants during this time period. At the end of the 30-day period, those warrants not exercised will revert to their original exercise prices.  The Company will be notifying each of the respective warrant holders following Exchange approval.

Warrant Repricing Chart - January 11, 2019

On behalf of the board of directors of NRG Metals Inc.:

Adrian F. C. Hobkirk
President and C.E.O.

T: Investors / Shareholders Call 855-415-8100 / Direct to Adrian Hobkirk 714.316.3272
E: ahobkirk@nrgmetalsinc.com
W: www.nrgmetalsinc.com

The TSX Venture Exchange has not reviewed the content of this news release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this news release.

This news release contains certain “forward-looking statements” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward-looking statements. The reader is cautioned not to place undue reliance on forward- looking statements. We seek safe harbor.