General Metals Provides Guidance on 10-K Filing

RENO, NV--(Marketwire - August 14, 2009) - General Metals Corporation (the "Company") (OTCBB: GNMT) (FRANKFURT: GMQ) filed its 10-K Annual Report with the SEC and it can
be viewed in its entirety at www.sec.gov. There was a noticeable upward
change in assets on our balance sheet due to restatements in the reported
cost of acquisition of the Independence and Ghana properties for the Fiscal
year 2008, with a corresponding decrease in Fiscal 2009 due to the sale on
the Ghana concession to Sunergy, Inc. The balance sheet is attached below
and investors should read the notes to financial statements contained in
our 10-K, especially note #3 for the complete discussion of the changes in
assets.

We had a deficit in cash on April 30, 2009, but have raised an additional
$815,792 in cash subsequently. We had a banner year for exploration
activity and results and have been able to advance permitting towards
production without any delays. We await our Independent Resource report and
have already started advanced metallurgical work which will be used to
define the mine plan and pit design, as well as moving resources to a
potential reserve category.

Our accrued liability balance of $216,974 as of April 30, 2009 has been
satisfied through a $10,000 cash payment and through the issuance of
restricted common shares. Since April 30, 2009, service providers received
3,839,166 restricted common shares valued at $129,840 for investor
relations, geologic, business development and investor awareness
consulting. We wish to thank all those who had confidence in our Company
and accepted restricted shares in lieu of cash. This has enabled us to
accomplish more with the cash on hand than would otherwise have been
possible.

General Metals Corporation and Subsidiaries
(An Exploration Stage Company)
Consolidated Balance Sheets

April 30,
April 30 2008
2009 (Restated)
----------- -----------
ASSETS

Current assets
Cash and cash equivalents $ - $ 17,600
Short-term investments 1,275,000 -
Prepaid expenses (restated) 379,019 15,925
Other receivables 237,500 -
Other current assets 245 -
----------- -----------

Total current assets 1,891,764 33,525
----------- -----------

Other assets
Land 67,767 -
Mineral property (restated) 613,941 864,869
Investment in general copper - 17,500
Property and equipment, net 25,733 32,164
Other assets (restated) 17,444 17,444
----------- -----------

Total other assets 724,885 931,977
----------- -----------

Total assets $ 2,616,649 $ 965,502
=========== ===========

LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities
Cash deficit $ 20,057 $ -
Notes payable, current portion 2,898 -
Accounts payable 465,428 117,686
Accrued liabilities 216,974 -
Deferred gain - -
Loan from related parties 33,680 -
----------- -----------

Total current liabilities 739,037 117,686
----------- -----------

Long-term liabilities
Notes payable, net of current portion 44,143 -
----------- -----------

Total long-term liabilities 44,143 -
----------- -----------

Total liabilities 783,180 117,686
----------- -----------

Commitments and Contingencies

Stockholders' equity
Preferred stock, authorized 50,000,000
shares, par value $0.001, zero issued
and outstanding - -

Common stock, authorized 220,000,000
shares, par value $0.001, issued and
outstanding on April 30, 2009 and
April 30, 2008 is 168,183,494 and
93,901,168 respectively 168,184 93,902

Additional paid-in capital (restated) 7,974,740 5,466,530
Subscriptions (receivable)/cash receipts (151,012) (5,500)
Accumulated other comprehensive income 25,000 -
Accumulated deficit during exploration
stage (restated) (6,183,443) (4,707,116)
----------- -----------

Total stockholders' equity 1,833,469 847,816
----------- -----------

Total liabilities and stockholders' equity $ 2,616,649 $ 965,502
=========== ===========

At April 30, 2009 we had a $237,500 receivable from the sale of the Ghana
concession to Sunergy, Inc. On July 29, 2009 this receivable was settled in
full for 2,000,000 restricted shares of Sunergy, Inc.

At April 30, 2009 we had $465,428 in accounts payable, which was
predominantly for drilling and assays from the 2008 drilling program at the
Independence Mine. Satisfactory payments have subsequently been made and
planning with our drillers for the 2010 drilling program is underway. All
assay labs are in satisfactory status and there are no holdups or delays.

Dan Forbush, CFO, remarked, "We are very pleased to have cleaned up all of
the accounting related to the issuances of stock in the acquisition of our
mineral properties and for the clean opinion received from our new
independent accountants, Mark Bailey & Co., who performed excellently under
the difficult timetable presented. It is satisfying to see that the work
done on the Independence project originally purchased at a value of
$613,941 has increased its market value, as reflected in the market value
of the company, more than ten fold."

A detailed description of the Company's permitting activities leading to
production is available at www.gnmtlive.com.

About General Metals Corporation: General Metals Corporation is an
aggressive junior minerals exploration and development company, based in
Reno, Nevada. The Company is actively exploring its 100% controlled
Independence property strategically located in the prolific and highly
prospective Battle Mountain Mining District, Nevada. Permitting and
Engineering for heap leach production is underway at the Independence Mine.
The Company recently sold its 150 sq. km. mining concession for gold,
diamonds and base metals in Ghana, West Africa for $1,012,500 in cash and
stock and retains a royalty.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements," as that term is
defined in Section 27A of the United States Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Statements in this
press release which are not purely historical are forward-looking
statements and include any statements regarding beliefs, plans,
expectations or intentions regarding the future. Such forward-looking
statements include, among other things, that the proceeds from the recent
private placement will allow the Company to proceed with permitting or
advance production timing may not occur.

Actual results could differ from those projected in any forward-looking
statements due to numerous factors. Such factors include, among others, the
inherent uncertainties associated with mineral exploration. We are not in
control of metals prices and these could vary to make development
uneconomic. These forward-looking statements are made as of the date of
this news release, and we assume no obligation to update the
forward-looking statements, or to update the reasons why actual results
could differ from those projected in the forward-looking statements.
Although we believe that the beliefs, plans, expectations and intentions
contained in this press release are reasonable, there can be no assurance
that such beliefs, plans, expectations or intentions will prove to be
accurate. Investors should consult all of the information set forth herein
and should also refer to the risk factors disclosure outlined in our most
recent annual report on Form 10-KSB, our quarterly reports on Form 10-QSB
and other periodic reports filed from time-to-time with the Securities and
Exchange Commission.