MTB Metals arranges $500,000 loan

Mr. Lawrence Roulston reports MTB METALS ANNOUNCES $500,000 LOAN MTB Metals Corp. has entered into a loan agreement among Cupel Advisory Corp. and Bernie Hensel dated Aug. 25, 2025, pursuant to which the lenders have provided a non-revolving term loan to the company in the principal amount of $500,000. The loan has a one-year term and will bear interest at a rate of 1.5 per cent per month on the principal, which will be due and payable to the lenders on the first Tuesday of each calendar month. The company may pay back the loan, plus accrued and unpaid interest, to the lenders at any time but must pay a minimum of five months of interest. As security for the loan and the company's performance under the loan agreement, the company has entered into a share pledge agreement. Pursuant to the share pledge agreement, the company pledged to the lenders 486,072 common shares of Dolly Varden Silver Corp. held by the company. As consideration for the loan, the company paid the lenders a 1-per-cent commitment fee and granted the lenders an aggregate of three million common share purchase warrants. Each lender warrant entitles the holder thereof to purchase one common share for a period of 12 months from the date of issuance at an exercise price of five cents per share. The lender warrants are subject to a four-month hold period from the closing date under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada. The company intends to use the proceeds of the loan to pay off certain outstanding obligations and for general corporate matters. We seek Safe Harbor.