Total Metals amends private placement terms

Mr. Tyler Thorburn reports TSX-V: TT ANNOUNCES UPDATED OFFERING TERMS Total Metals Corp., further to its news release dated Sept. 24, 2025, has revised the terms of its non-brokered private placement. The offering will now consist solely of a non-brokered private placement of up to 16,666,666 units of the company at a price of 60 cents per unit for aggregate gross proceeds of up to $10-million. Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant will be exercisable to acquire one additional common share of the company at a price of 90 cents per share for a period of 36 months from the date of issuance. The offering will be conducted on a non-brokered basis and will be offered to purchasers qualifying as accredited investors under National Instrument 45-106, Prospectus Exemptions, or pursuant to other available exemptions from the prospectus requirements of applicable securities laws. The company will not be proceeding with the previously announced listed issuer financing exemption offering at this time. About Total Metals Corp. Total Metals is focused on the acquisition, exploration and development of mineral properties in the prolific Red Lake mining district of Northern Ontario, Canada. The company owns 100 per cent of the Electrolode project, covering 3,000 contiguous hectares, which has had substantial historical drilling and recent modern airborne geophysics. The Electrolode project targets high-potential mineral resources in three favourable geologic trends, located near major mines in the Red Lake gold camp, and is strategically located between Kinross Gold's Great Bear project and First Mining Gold's Springpole project. The Electrolode project is fully permitted for exploration drilling and hosts 10 historic mineralized zones with significant expansion potential, plus new, untested targets ready for further exploration. We seek Safe Harbor.