Emergent Metals closes $551,021 private placement

Mr. David Watkinson reports EMERGENT METALS CORP. ANNOUNCES CLOSING OF OVERSUBSCRIBED PRIVATE PLACEMENT Emergent Metals Corp. has completed the non-brokered private placement described in its news releases of Nov. 14 and Dec. 24, 2025. In connection with the closing of the offering, the company issued an aggregate of 11,020,420 units at a price of five cents per unit for gross proceeds of $551,021. Each unit consists of one common share in the capital of the company and one whole transferable common share purchase warrant. Each whole warrant is exercisable to acquire one share at an exercise price of 10 cents per share until Jan. 15, 2028, which is 24 months from the date of issuance. Insiders of the company acquired an aggregate of 1.6 million units in the offering, which participation constituted a related party transaction as defined under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. Such participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the units acquired by the insiders nor the consideration for the units paid by such insiders exceeds 25 per cent of the company's market capitalization. As required by MI 61-101, the company advises that it expects to file a material change report relating to the offering less than 21 days before completion of the offering, which is necessary to complete the offering in an expeditious manner and is reasonable in the circumstances. Emergent intends to use the net proceeds of the offering for general working capital purposes. The company will pay no finders' fees in connection with subscriptions from subscribers introduced to this offering. The offering remains subject to final approval of the TSX Venture Exchange. The securities issued under the offering and any shares that may be issuable on exercise of any such securities will be subject to a statutory hold period expiring four months and one day from the date of issuance of such securities. About Emergent Metals Corp. Emergent is a gold and base metal exploration company focused on Nevada and Quebec. The company's strategy is to look for quality acquisitions, add value to these assets through exploration, and monetize them through sales, joint ventures, options, royalties and other transactions to create value for its shareholders -- an acquisition and divestiture (A&D) business model. In Nevada, Emergent's Golden Arrow property is an advanced-stage gold and silver property with a well-defined measured and indicated resource and a plan of operations and environmental assessment in place to conduct a major drilling program. New York Canyon is an advanced-stage copper skarn and porphyry exploration property. The West Santa Fe property is a gold, silver and base metal property, subject to a lease with an option to purchase agreement with Lahontan Gold Corp. Buckskin Rawhide East is a gold and silver property leased to Rawhide Mining LLC, the operator of the Rawhide mine. In Quebec, the Casa South property is a gold exploration property located south of and adjacent to Hecla Mining Company's operating Casa Berardi mine and north of and adjacent to Iamgold Corp.'s Gemini Turgeon Property. The Trecesson property is a gold exploration property located about 50 kilometres north of the Val d'Or mining camp. Emergent has a 1-per-cent net smelter return (NSR) royalty in the Troilus North property, part of the Troilus gold project, being explored by Troilus Gold Corp. Emergent has a 1-per-cent NSR royalty in the East-West property, part of Agnico Eagle Mines Ltd.'s Canadian Malartic complex. Emergent also has a 1-per-cent NSR royalty on the York property, part of Lahontan Gold's Santa Fe project. Note that the location of Emergent's properties adjacent to producing or past-producing mines or advanced-stage properties does not guarantee exploration success at Emergent's properties or that mineral resources or reserves will be delineated. Qualified person All scientific and technical information disclosed in this new release was reviewed and approved by David Watkinson, PEng, an employee of Emergent and a non-independent qualified person under National Instrument 43-101. We seek Safe Harbor.