Myriad Metals Corp. provided an update respecting its proposed transaction which would give Myriad an option (the "Option") to earn a 100% interest in 1,822 km2 of uranium exploration licenses in the Tim Mersoi Basin, Niger (the "Loxcroft Properties"). The parties have amended the binding letter of intent ("LOI") respecting the proposed transaction to extend the date by which the parties must enter into a further definitive agreement respecting the Option to August 17, 2022.

Myriad will provide an update respecting the proposed transaction in due course.