Industria Metals Inc. Announces Resignation of Fletcher Morgan from Board of Directors

Europacific Metals Inc. is a Canada-based exploration company. The Company holds a portfolio of brownfield gold and copper-gold projects located in Portugal with near term mining potential. Its Barrancos properties are located in South Central Portugal, near the Spanish border and covers an area of over 74 square kilometers (km2). Its Bigorne Gold Exploration Application is an exploration/concession application, which is situated in northern-central part of Portugal and covers an area of over 24 km2. Its Vlarica Gold Exploration Application is an exploration/concession application, which covers a total of over 178 km2 and is situated approximately 200 km east of Porto and 450 km northeast of Lisbon. Its Borba 2 exploration property covers approximately 230 km2 in the Alentejo region in Southern Portugal. Its Borba 2 exploration property includes four separate projects, including Miguel Vacas Gold Mine, Mostardeira Copper Gold Mine, Bugalho Copper Gold Mine and Almagreira Gold Prospect.