Bemetals CEO Wilton resigns; interim CEO appointed

Ms. Kristen Reinertson reports BEMETALS ANNOUNCES EXECUTIVE MANAGEMENT CHANGES AND PROVIDES PROJECT UPDATES Bemetals Corp. has made changes in its executive management team as the company positions itself for the next stage of growth and value creation. John Wilton, president, chief executive officer and director, has resigned, effective Sept. 30, 2025, for personal reasons. Mr. Wilton, a member of the Bemetals executive team since its inception, has played an important role in advancing the current projects and the company's growth and development. The board of directors extends its sincere gratitude for all his hard work and dedication over the years, and wishes him every success in his future endeavours. Kristen Reinertson, a director and corporate secretary of Bemetals, has been appointed interim chief executive officer while the company's board solidifies a new permanent CEO to spearhead Bemetals' corporate strategy. Ms. Reinertson is a founding director and has been an executive officer of Bemetals since 2016. She has 18 years of experience with publicly listed companies in the natural resource and emerging technology sectors in roles ranging from chief executive officer, chief financial officer, corporate secretary and director. Her expertise spans corporate finance, mergers and acquisitions, financial disclosure, governance, and regulatory compliance. She studied at Simon Fraser University and the British Columbia Institute of Technology. Mark Connelly, chairman of Bemetals, commented: "Kristen's leadership experience, deep knowledge of the sector and proven commitment to execution make her the right person to guide Bemetals through this transition. The board remains focused on maximizing shareholder value through a refreshed corporate strategy that emphasizes advancing high-quality exploration and development projects in North America while unlocking further value from our existing portfolio. With strong assets, a top-tier board and the continued support of B2Gold Corp., we believe Bemetals is well positioned to deliver on its strategy and create long-term value for shareholders." Project updates -- Bemetals continues to advance its portfolio of projects during this leadership transition: Savant gold project (Ontario, Canada): This recently optioned exploration project spans approximately 232 square kilometres in one of Ontario's most prolific gold-producing regions and is located in a similar geological setting to several past-producing as well as current operating mines, including the Red Lake and Musselwhite mines. Preparations are under way for a 2025 exploration program, and Bemetals is engaging with local stakeholders, including first nation groups, to ensure responsible and collaborative stewardship and exploration of the land. Savant remains a potential catalyst for discovery success and growth in a robust gold market. Pangeni copper project (Zambia): The company's exploration to date has outlined a three-kilometre mineralized footprint at the D-Prospect, including the higher-grade Ingwe shoot (600 metres) within the broader 1.4-kilometre Nkala zone. Additional drilled zones of copper mineralization at the Nkala Northwest and Central targets highlight the potential large scale of the system further supported by its similar geological hallmarks of Lumwana copper mine style of mineralization. The company and its partners are reviewing the latest drill data to refine drill targeting and advance the exploration. With copper's critical role in the global transition to cleaner energy and the scarcity of true, large-scale potential, copper exploration projects in mining supportive jurisdictions, Pangeni represents an important strategic opportunity for Bemetals to create shareholder value. Kazan gold project (Japan): Bemetals has secured an agreement to option part of its interest in the Kazan gold project portfolio. Under this investment structure, Bemetals' partner will solely finance and advance exploration while Bemetals retains project equity exposure to potential discovery and development success. For more details on the agreement, refer to the company's financial statements and management's discussion and analysis for the second quarter ended June 30, 2025, filed under the company's profile on SEDAR+. In connection with Ms. Reinertson's appointment, the company has granted her 300,000 incentive stock options, exercisable at a price of five cents per share for a term of 10 years, vesting over two years and subject to the approval of the TSX Venture Exchange. Qualified person statement The technical information in this news release for Bemetals has been reviewed and approved by John Wilton, CGeol, FGS, chief executive officer and president of Bemetals, and a qualified person as defined under National Instrument 43-101. About Bemetals Corp. Bemetals is a precious and base metal exploration and development company focused on advancing its portfolio of high-potential mineral projects. Bemetals is an affiliate company of B2Gold, which currently owns approximately 24 per cent of Bemetals' outstanding shares. The company plans to explore the Savant gold project in Northwestern Ontario, one of Canada's most prolific gold-producing regions, which hosts several past producers, as well as current operations, including the Red Lake and Musselwhite mines. The company also has the Pangeni copper project in the Zambian copperbelt, with co-financing and technical partner Jogmec. Here, the company has discovered copper mineralization with geological characteristics, and intersected widths and grades similar to those of large-scale copper mines in the same region. Additionally, the company has its compelling Kazan gold exploration projects in Japan, while continuing to evaluate additional potential strategic acquisition opportunities. We seek Safe Harbor.