XXIX Metal thanks Chapais for Opemiska support

Mr. Guy Le Bel reports XXIX THANKS THE TOWN OF CHAPAIS FOR ITS ONGOING SUPPORT AND WELCOMES ITS PUBLIC CALL TO ADVANCE OPEMISKA XXIX Metal Corp. has expressed its sincere appreciation to the town of Chapais for its continuing support and constructive partnership, and welcomed the Chapais's Feb 10, 2026, public call for co-ordinated action to accelerate economic development in Northern Quebec. Highlights: Chapais reiterates support for responsible development with XXIX's Opemiska copper project; Chapais calls for co-ordinated action across Plan Nord, the province of Quebec and its public partners; Chapais notes that local benefits strengthened: jobs, training, procurement, long-term growth that Oepmiska will bring; XXIX is committed to moving forward responsibly with structured engagement and phased plans. The town of Chapais has outlined a clear vision to strengthen the region's economic future and has encouraged collaboration among relevant public partners, including those responsible for Plan Nord and related development initiatives, to help advance priority projects like Opemiska, through practical measures, programs and infrastructure support. The company views this as an important signal of alignment at the local level and a strong foundation for continued, responsible project advancement. Responsible development for the company's communities and nations XXIX believes durable resource development is most achievable where communities are engaged, priorities are aligned and project planning is approached with transparency and rigour. The company is encouraged by Chapais's emphasis on pragmatic solutions and its willingness to work with stakeholders to unlock regional benefits. "Chapais is demonstrating real leadership, vision for the future and a solutions-oriented approach," said Guy Le Bel, chief executive officer of XXIX. "We're grateful for the town's and Mayor Fortin's and this teams continuing engagement and we share the view that co-ordinated action, across the appropriate agencies and programs, can help Northern Quebec advance priority initiatives in a way that is responsible, timely and beneficial to local and regional stakeholders." A call for co-ordination across programs and processes While XXIX recognizes that all projects must progress through established technical, environmental, social and regulatory processes, the company supports Chapais's call for improved co-ordination and clear sequencing across existing government tools, particularly those designed to promote northern development, infrastructure readiness and economic participation. The company believes a co-ordinated, well-structured approach can reduce duplication, clarify timelines and apply the right programs at the right stage, without compromising standards or oversight. XXIX intends to: Continue structured engagement with the town of Chapais, the province of Quebec and other stakeholders, including neighbouring Cree communities, to align priorities and work plans; Advance near-term studies and planning through a disciplined, phased process; Support a coordinated use of applicable northern development programs and infrastructure planning initiatives, as appropriate. QP (qualified person) statement The technical information contained in this news release has been reviewed and approved by Denis McNichols, PGeo and geo, vice-president, exploration, for XXIX Metal, a qualified person, as defined in National Instrument 43-101 -- Standards of Disclosure for Mineral Projects. About XXIX Metal Corp. XXIX is advancing its Opemiska and Thierry copper projects, two significant Canadian copper assets. The Opemiska project, one of Canada's highest-grade open pitable copper deposits, spans 21,333 hectares in Quebec's Chapais-Chibougamau region, with strong infrastructure and nearby access to the Horne smelter. An October, 2025, preliminary economic assessment outlined a 12,500-tonne-per-day open pit operation over a 17-year mine life, generating an after-tax NPV (net present value) 8 per cent of $505-million, IRR (internal rate of return) of 27.2 per cent and a 2.3-year payback period ($4.35/pound copper price, $3,000/ounce gold price, $30/oz silver price). The Thierry project hosts the K1 (near-surface) and the past-producing K2 (underground and surface) zones (see XXIX news release dated Oct. 1, 2024, for details regarding resources). Thierry has significant infrastructure in place including an all-season road, an airport within five kilometres, a provincial power grid within eight km, and nearby rail. With these two high-potential projects, the company has solidified its position as a key player in the Canadian copper sector and has established itself as one of Eastern Canada's largest copper developer. We seek Safe Harbor.