BEMETALS SIGNS DEFINITIVE AGREEMENT TO ACQUIRE OPTION ON SAVANT GOLD PROJECT IN ONTARIO

About this update from Bemetals Corp.

Vancouver - BeMetals Corp. (TSXV: BMET, OTCQB: BMTLF, Frankfurt : 1OI.F) (' BeMetals' or the 'Company') is pleased to announce that it has signed a definitive option agreement with Prospector Metals Corp. (TSXV: PPP, OTCQB: PMCOF, Frankfurt : 1ET0) ('Prospector') to acquire up to a 100% interest in the Savant Gold Exploration Project , located in a highly prospective gold district in northwestern Ontario, Canada . This definitive agreement formalizes the terms set out in the non-binding Letter of Intent (LOI) previously announced on July 10, 2025 . The Savant Project covers approximately 232 km-2 of underexplored terrain with favorable iron formation geology, situated near major past and present producers including the Musselwhite and Red Lake gold mines. John Wilton , President and CEO of BeMetals , stated: 'The Savant Gold Exploration Project is underexplored and hosts compelling geological features that highlight its discovery potential. We are pleased to have signed this definitive agreement for the Project with the highly experienced Prospector team, marking an important step in the Property's potential advancement. We recognize the importance of responsible mineral exploration and look forward to working closely with Prospector on this exciting exploration project and building along with their respectful engagement with First Nation communities and other stakeholders in the region.' Under the Agreement, BeMetals has the exclusive option to earn up to a 100% interest in the Savant Project over a five-year period by meeting certain money-in-the-ground focused exploration expenditures, and a mineral resource, discovery-based, success payment including Initial Commitment BeMetals will spend at least C$500,000 on exploration within first year of signing the definitive agreement. Annual Expenditures BeMetals must spend C$500,000 annually on exploration, with the option to accelerate spending. NI 43-101 Technical Report Supported Mineral Resources & Ownership BeMetals will provide a NI 43-101 compliant Technical Report to support the mineral resources to determine the following ownership criteria: (C) 2025 Electronic News Publishing, source ENP Newswire

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