Eastport Critical Metals closes $2-million financing

Mr. Burns Tennent-Bhohi reports EASTPORT ANNOUNCES COMPLETION OF FINANCING WITH LEAD PARTICIPATION FROM COMMODITY CAPITAL AG Eastport Critical Metals Corp. has closed its previously announced non-brokered private placement. The company has raised $2-million, consisting of 2.5 million units at a price of 80 cents per unit. Each unit consists of one common share in the capital of the company and one common share purchase warrant. Each warrant is exercisable into one common share at a price of $1 per warrant for a period of three years from the date of issuance, subject to adjustment in certain events. The company intends to use the proceeds of the offering for exploration and development activities at the company's projects in Botswana and for general working capital purposes. Chief executive officer Burns Singh Tennent-Bhohi commented: "The closing of this strategic financing marks a transformative milestone for Eastport, validating the robust foundation we've built over years of preparation and development in Botswana. We are profoundly grateful for the participation of Commodity Capital AG -- one of the world's premier and most successful natural resource investment fund managers -- as it serves as a powerful endorsement of our strategy and potential. On behalf of the entire Eastport team, I extend a warm welcome to Commodity Capital AG as a valued shareholder and offer our deepest thanks for this strategic investment. It extends our working capital runway, empowering us to press forward with unwavering determination in delivering value to our shareholders through our critical metals portfolio. "Having just returned from Botswana, where the energy on the ground is palpable, Eastport is accelerating ambitious, well-defined exploration and development programs in lockstep with our core objective: develop and distribute. Team morale is strong as we advance multiasset drill campaigns across key critical metals -- copper, uranium and rare earth elements -- for which the company expect to provide updates in the coming weeks." All securities issued with respect to the offering are subject to a hold period of four months and one day from the date of issuance in accordance with applicable securities laws. Closing of the offering remains subject to final approval from the TSX Venture Exchange. No finders' fees were paid in connection with the offering. About Eastport Critical Metals Corp. Eastport is a critical minerals development company advancing five projects in Botswana, with cumulative historical and current expenditures approaching $20-million. The company's most advanced asset is the Matsitama copper project, which hosts multiple sizable targets across the Matsitama copper district. The company's additional projects include Selebi East, a nickel-copper-cobalt project located seven kilometres east of the historic Selebi mines; the Semarule rare earth elements project, positioned within the Gaborone-Molepolole corridor; the Foley uranium project, adjoining the Letlhakane uranium deposit; and the Keng project, which targets nickel, copper and platinum group elements on the northern margin of the Molopo farms complex. Botswana is widely regarded as one of Africa's strongest mining jurisdictions, combining the continent's highest GDP (gross domestic product) per capita with a 50-year record of large-scale mineral development since the Orapa diamond discovery in 1967. The country ranks among the top performers globally on the Fraser Institute's Investment Attractiveness Index and is the highest-rated jurisdiction in Africa on the Policy Perception Index. These rankings reflect Botswana's stable regulatory environment, consistent rule of law and long-standing support for responsible mineral development -- factors that have underpinned significant investment and major M&A (merger and acquisition) activity in the natural resources sector in recent years. We seek Safe Harbor.