Total Metals changes year-end to April 30

Executive Summary

• Total Metals Corp. filed a notice to change its fiscal year‑end from December 31 to April 30, creating a transitional 12‑month reporting period ending April 30 2026.
• The change follows the completion of a reverse‑takeover acquisition of Compton Mining Corp., making Compton a wholly‑owned subsidiary and aligning Total Metals’ accounting calendar with its new parent.
• Details of the transition and interim reporting periods will be disclosed in a forthcoming NI 51‑102 filing on SEDAR+.

Key Details

• Acquisition completed on August 14, 2025: Total Metals acquired all issued and outstanding shares of Compton Mining Corp. under a Business Combination Agreement dated March 26, 2025.
• The transaction is treated as a reverse takeover, with Compton becoming the accounting acquiror.
• Fiscal year‑end will shift from December 31 to April 30 to match Compton’s reporting calendar.
• A transitional 12‑month fiscal period will run from May 1, 2025 through April 30, 2026.
• The company will file a notice of change of financial year‑end in accordance with NI 51‑102 Section 4.8 on its SEDAR+ profile, outlining interim reporting periods and related details.

Notable Quotes

(No direct quotes provided in the release.)