Academy Metals Inc. To Change Name To Bedford Metals Corp.

Vancouver, Oct. 26, 2022 – Academy Metals Inc. (the “Company”) (TSXV:AM) announces that effective at the opening of markets on October 28, 2022, the common shares of the Company will commence trading under the new name of Bedford Metals Corp. under the new ticker symbol “BFM”.

In connection with the change of name, the CUSIP for the common shares of the Company will be changed to 076230101.

The Company also advises that it will not be proceeding with the $0.12 unit private placement as previously announced in the news release dated June 27, 2022. For further information, readers can contact Peter Born, Chief Executive Officer, at info@acadmetals.com.


On behalf of the Board,

Academy Metals Inc.



Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to the intended implementation of the change of name and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.