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ALGR.V ·

Kenadyr Announces Passing of Chairman Stuart “Tookie” Angus

Management Changes

VANCOUVER, BC – March 27, 2023 - Kenadyr Metals Corp. (TSX-V: KEN; OTC-MKTS: KNDYF; FRA: KM0) (the “Company” or “Kenadyr”) announces with great sadness that its longstanding Chairman, Mr. Stuart “Tookie” Angus passed away. Mr. Angus has served as a director of the Company since 2017.

Mr. Timothy McCutcheon, CEO, stated: “Tookie will be truly missed. He was a great man and a leader in the Canadian mining industry for decades. He was also a friend to me and the entire Kenadyr team.”

On behalf of the Board of Directors, management and employees, the Company extends its deepest sympathies to Mr. Stuart’s family and thanks him for his dedication to the Company.

ON BEHALF OF KENADYR METALS CORP.

Tim McCutcheon Chief Executive Officer

For more information, visit www.kenadyr.com or contact Tim McCutcheon, CEO at [email protected] or +1 (604) 638 3311

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.