Power Metallic Provides Market Update

Mr. Lynch graduated in 1981 from St. Francis Xavier University with a joint honours degree in Economics and BBA. Prior to becoming a director with International PBX Ventures in 2012, Mr. Lynch had been CEO of privately held Nevada-focused Relief Gold. He also had been a director and later CEO of TSX-listed Firstgold Corp. He assumed the CEO position after the company had run into financial difficulty bringing its Relief Canyon mine into production. He arranged a sale of 51% of the company for a total capital injection of $26.5 million from Northwest Non-Ferrous Metals, one of China’s largest mining engineering and consulting groups. From 2005 to 2008 Mr. Lynch was a partner with Kingsmill Capital Partners, a financial advisory firm specializing in advising public and private early stage growth companies. Prior to joining Kingsmill Capital he spent 15 years operating startup companies in industrial products, oil and gas and media. Mr. Lynch is also a co-founder of Cardiol Therapeutics, a NASDAQ and TSX listed clinical-stage life sciences company focused on the research and clinical development of cannabidiol as an anti-fibrotic and anti-inflammatory therapy for the treatment of cardiovascular disease.

Joe Campbell, BSc, P. Geo, brings over 40 years of extensive experience in mineral exploration and project management to Power Metallic as Vice President of Exploration. A seasoned industry veteran, Joe has held senior roles in geology and resource development, including Chief Geologist (open pit and underground) and Project Manager for significant projects like Meliadine Gold, now operated by Agnico Eagle Mines (AEM). He is the former President, Executive Chairman, and COO of Gold Terra (formerly TerraX) and has expertise across a wide range of deposit types, including mesothermal and epithermal gold, VMS, porphyry copper-gold-molybdenum, and nickel sulfide and laterite deposits. Joe also has a strong background in resource and reserve estimation, economic assessments, and environmental reviews. His career includes leadership in Western Mining's Canadian division, where his work in project acquisition and development aligned with Power Metallic's data-driven exploration approach.

Duncan Roy is a University of Western Ontario graduate with a BA in Political Science. He brings a sophisticated, highly experienced, and diverse knowledge base to his current role with Power Nickel. Since 2019 he has run a highly successful Capital Markets Advisory company. Prior to that, he spent over three decades plus in the brokerage industry, based in Toronto, as a retail broker with a PDO designation and various management roles. "You cannot have a successful junior mining company if you cannot raise capital. To do that, you need experienced executives who can credibly present investments to individuals, brokers, and institutions. Duncan is a very successful ex-broker who is held in high esteem across the investment landscape. I would feel quite comfortable having Duncan present the Power Nickel investment and know that he will do a great job of hitting that correct level of expertise and optimism while delivering our features and benefits honestly and respectfully." Commented Power Nickel CEO, Terry Lynch