Kenadyr Announces Director Changes

VANCOUVER, BC – August 8, 2024 - Kenadyr Metals Corp. (TSX-V: KEN; OTC-MKTS: KNDYF; FRA: KM0) (the “Company” or “Kenadyr”) is pleased to announce that Bradley Scharfe has joined the Board of Directors of Kenadyr. Mr. Scharfe is an experienced professional with over 30 years of expertise in the capital markets, with a focus on mineral natural resources, renewable/alternative energy, oil and gas, biotech and technology. Before working independently, for 12 years Mr. Scharfe was a successful venture capital stockbroker with Canaccord Capital Corporation, a premier Canadian investment firm. While at Canaccord, he was part of the Chairman’s Club, based on outstanding achievement. Mr. Scharfe holds a Bachelors of Arts Degree from the University of Toronto, where he majored in Commerce and Economics.

The Company also announces that Michael Velletta has stepped down from the Board. The team at Kenadyr thanks him for his tenure at the Company and wishes him the best.

ON BEHALF OF KENADYR METALS CORP.

“Tim McCutcheon”

Tim McCutcheon Chief Executive Officer and Director

For more information, please contact:

Tim McCutcheon or Kevin Ma

E-mail: [email protected] Phone: +1-604-569-2963 Ext 105

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.

Cautionary Statement on Forward-Looking Information

This press release includes "forward-looking information" that is subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Investors are cautioned that any such statements are not guarantees of future events and that actual events or developments may differ materially from those projected in the forward- looking statements. Such forward-looking statements represent management's best judgment based on information currently available. No securities regulatory authority has either approved or disapproved of the contents of this news release.