Visionary Announces Effective Date of Share Consolidation

Executive Summary

• Visionary Metals Corp. received TSX Venture Exchange approval for a 4-for-1 share consolidation.
• The consolidation will take effect at the opening of trading on June 25, 2026, reducing the total share count from ~175.7 million to ~43.9 million.
• All outstanding convertible securities will see proportionate adjustments to exercise/conversion prices and share counts, with no fractional shares issued.

Key Details

• Consolidation Ratio: 4 pre-consolidation shares for 1 post-consolidation share.
• Effective Date: Opening of trading on Thursday, June 25, 2026.
• Pre-Consolidation Shares Outstanding: 175,678,690 shares.
• Post-Consolidation Shares Outstanding: ~43,919,673 shares (excluding shares from the May 21, 2026 private placement; subject to rounding adjustments).
• CUSIP & ISIN Updates: New CUSIP issued (92838G208) and new ISIN issued (CA92838G2080).
• Trading Symbol & Name: No changes to the company name or trading symbol.
• Fractional Share Handling: Fractions ≥0.5 rounded up to the nearest whole share; fractions <0.5 rounded down. No fractional post-consolidation shares will be issued.
• Convertible Securities: Exercise or conversion prices and the number of shares issuable under all outstanding convertible securities will be proportionately adjusted upon the Effective Date.
• Certificate Exchange: Transfer agent Computershare Investor Services Inc. will mail transmittal letters to registered shareholders with instructions to exchange physical pre-consolidation certificates for new post-consolidation certificates.
• Book-Entry/DRS Holders: Shareholders holding shares in DRS/Book or brokerage accounts are not required to take any action to effect the exchange. Pre-consolidation certificates will automatically represent the entitled whole post-consolidation shares until surrendered.