Canamera Identifies High-Priority REE Target at Garrow Project as Airborne Survey Reveals Broad Magnetic Anomaly Aligned with Elevated Rare Earth Lake Sediment Values

• On 2026‑04‑08 Canamera completed a 463.7 km airborne magnetic survey over its Garrow REE project in eastern Ontario.
• The survey revealed a broad magnetic anomaly that aligns with historic lake‑sediment samples showing elevated total rare earth element (TREE) values.
• Management will combine the new geophysical data with existing geochemistry to define ground‑level drill targets, with a market update on the upcoming program expected within about one month.

• Scope: The announcement refines exploration focus but does not deliver new financing, resource estimates, or contractual commitments.
• Expectation vs. reality: Earlier updates (e.g., 2026‑03‑31) already indicated a forthcoming airborne survey at Garrow; the result confirming a magnetic high was anticipated. Hence the news is largely confirmatory.
• Market impact: Given the modest size of Canamera and the early‑stage nature of the project, the information is unlikely to shift valuation materially. It reinforces the company’s exploration narrative and may provide incremental upside for risk‑averse investors seeking exposure to a defined target.

Conclusion: The news is positive but routine; it does not constitute a material catalyst.

• Canamera Energy Metals Corp. is an early‑stage explorer focused on ionic‑clay REE deposits in Brazil (Turvolândia, Patos) and hard‑rock REE projects in Canada (Garrow, Schryburt Lake, Iron Hills).
• Flagship assets:
• Turvolândia (Brazil): Auger drilling shows >6 000 ppm TREO; resource potential under evaluation.
• Garrow (Ontario, Canada): Newly identified magnetic anomaly aligned with historic high TREE lake‑sediment values, now a high‑priority target for ground work.