26 October 2021

Future Metals NL

("Future Metals" or the "Company")

Availability of Notice of Annual General Meeting

Future Metals (ASX/AIM: FME), the platinum group metals ("PGM") exploration and development company, announces that it has today published and submitted to the Australian Securities Exchange the formal Notice of Meeting and associated documentation in respect of its Annual General Meeting to be held at 9:00 a.m. (WST) on 26 November 2021 at Level 1, 35 Richardson Street, West Perth WA 6005, Australia.

A copy of the Notice of Meeting and Explanatory Statement is available on the Company's website at: www.future-metals.com.au/.

For further information, please contact:

Notes to Editors:

About the Panton PGM Project

The 100% owned Panton PGM project is located 60 kilometres north of the town of Halls Creek in the eastern Kimberly region of Western Australia, a tier one mining jurisdiction. The project is located on three granted mining licences and situated just one kilometre off the Great North Highway which accesses the Port of Wyndham.

The Panton PGM Project has a JORC Mineral Resource estimate of 14.32Mt @ 4.89g/t PGM, 0.31g/t Au, 0.27% Ni.

The Panton mineralisation occurs within a layered, differentiated mafic-ultramafic intrusion referred to as the Panton intrusive which is a 10km long and 3km wide, south-west plunging synclinal intrusion. PGM mineralisation is hosted within two stratiform chromite reefs, the Top and Middle reefs, within the ultramafic sequence.