Power Metals Appoints Senior Management Position

About this update from Power Metals Corp.

Major Highlights VANCOUVER, BC, June 29, 2026 /CNW/ - Power Metals Corp ("Power Metals" or the "Company") (TSXV: PWM) (FRANKFURT: OAA1) (OTCQB: PWRMF) is pleased to announce the appointment of Geoff Heggie, Ph.D., as Vice President of Exploration, effective immediately. Geoff Heggie, Ph.D., is registered with Professional Geoscientists (Ontario) and has extensive experience leading and advancing mineral exploration projects in Northwestern Ontario. Mr. Heggie brings with him a strong blend of field, technical and leadership expertise gained through senior roles including Vice President Exploration of Clean Air Metals and Senior Geologist at Noront Resources (acquired by Wyloo in April 2022). Haydn Daxter, CEO of Power Metals said: "Geoff's appointment strengthens our technical leadership as the Company continues to advance exploration across our flagship Case Lake cesium project. The appointment is an important strategic milestone, as we advance our 2026 exploration program ahead of progressing towards our development pathway." The Company's new VP of Exploration stated: "I am excited to join Power Metals at such an important point in the Company's growth. The Company is demonstrating the hallmarks of a significant, scalable mineral system, with strong district-scale expansion potential. I look forward to leading the exploration team as we continue to refine the geological framework, prioritize targets and responsibly execute our ambitious, advanced exploration program aimed at unlocking the full potential of the Case Lake Project". Mr. Heggie is a professional geologist with over 20 year's industry experience in Canada and Australia. He holds a Ph.D in Geology from the University of Western Australia, Perth for his work on komatiite mineralizing systems. He was an integral part of the team that discovered the McFaulds No.8 Cu-Zn VMS lens in the Ring of Fire while with Noront Resources, the identification of PGE reefs hosted within the Seagull intrusion and the discovery of the down plunge extension of the orthomagmatic Escape deposit hosted within the Thunder Bay North Complex. About Power Metals Corp (TSX-V: PWM)

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