Culico Metals Announces it is the First TSXV Listed Issuer to Complete the TSXV Sandbox Program

About this update from Culico Metals Inc.

Culico Metals Announces it is the First TSXV Listed Issuer to Complete the TSXV Sandbox Program /* Style Definitions */ span.prnews_span { font-size:8pt; font-family:"Arial"; color:black; } a.prnews_a { color:blue; } li.prnews_li { font-size:8pt; font-family:"Arial"; color:black; } p.prnews_p { font-size:0.62em; font-family:"Arial"; color:black; margin:0in; } Canada NewsWire TORONTO , July 31, 2025 /CNW/ - Culico Metals Inc. (" Culico ", or the " Corporation ") (TSXV: CLCO), is pleased to announce that it is the first TSX Venture Exchange (" TSXV ") listed issuer to complete the TSXV Sandbox program. Although Culico has been trading as a TSXV Sandbox listed issuer since August 16, 2024 , completing the TSXV Sandbox program solidifies its status on the TSXV. To exit from the TSXV Sandbox program, Culico was required to meet the following conditions with the TSXV: Deploying 50% of the amount of available funds at the time of listing to two qualifying investments; Having no outstanding compliance or disclosure issues; and Prior to August 16, 2025 , making a formal application to TSXV for an exit review. In accordance with the requirements of the TSXV, certain securityholders of the Corporation entered into a Value Security Escrow Agreement (the " Escrow Agreement ") in respect of 1,173,500 common shares of the Corporation (" Common Shares ") at the time of the Corporation's listing on the TSXV. Under the terms of the Escrow Agreement, 293,375 Common Shares have been released from escrow upon the issuance on July 30, 2025 of the final bulletin of the TSXV in respect of the Corporation's TSXV Sandbox program exit. About Culico Metals Inc. Culico is a company focused on creating value in the mineral exploration, development and production sector. Culico's current assets include an approximate 8% equity interest in Kharrouba Copper Company Inc. (" KCC "), a private Canadian company with copper mining and processing operations located near Marrakesh in the Kingdom of Morocco (see press release dated April 24, 2025 ); common shares of Americas Gold and Silver Corporation, a 1% lithium royalty on certain mining interests held by Kali Metals Limited (ASX: KM1) and the right to receive a deferred consideration payment due to the on-sale of the Dumont project. The Dumont project is a large-scale nickel deposit located 25 km west of the town of Amos in the es...

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