08:20:29 EDT Tue 29 Sep 2026
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Bedford Metals Corp
Symbol BFM
Shares Issued 96,747,845
Close 2026-09-28 C$ 0.085
Market Cap C$ 8,223,567
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Bedford begins survey at Sheppard Lake

2026-09-29 03:22 ET - News Release

Subject: Bedford Metals Corp. - News Release [IMAN-LEGAL.FID2856006] Word Document

File: '\\swfile\EmailIn\20260928 220532 Attachment Bedford Metals Corp. - News Release - AGG Survey Commences.docx'

Bedford Metals Commences Airborne Gravity Survey at Sheppard Lake Uranium Project

September 29, 2026 -Bedford Metals Corp. (TSX-V: BFM, FWB: 08D, ISIN: CA0762301012) (the "Company" or "Bedford") is pleased to announce that it has commenced an airborne FALCON(TM) Gravity Gradiometry ("AGG") survey at its wholly-owned Sheppard Lake Uranium Project, located on the southern margin of Saskatchewan's Athabasca Basin.

The survey is being conducted by Xcalibur Smart Mapping and is designed to measure subtle variations in the Earth's gravity field caused by differences in subsurface rock density. Xcalibur's FALCON(TM) technology provides high-resolution gravity data that can assist in mapping lithological contacts, geological structures, faults and other subsurface features that may influence the location of mineralization. The planned survey comprises approximately 1,046 line-kilometres, with 1,000-metre-spaced tie lines.

The AGG program complements Bedford's previously completed 747-line-kilometre MobileMT airborne electromagnetic survey. That survey identified multiple conductive anomalies coincident with the Warr Lake Zone, together with additional conductors associated with the TZ-1 and TZ-2 target areas.

The Company intends to integrate the new gravity data with the existing MobileMT results and historical exploration information to further refine its geological model of the Sheppard Lake Project. The combined datasets are expected to assist Bedford in evaluating structural and lithological relationships, refining priority target areas and planning the next stages of uranium exploration, including potential future drilling.

Peter Born, President of Bedford, commented: "The commencement of the FALCON(TM) gravity survey represents another step in systematically advancing our understanding of the Sheppard Lake Project. By integrating high-resolution gravity data with the conductive targets identified by MobileMT and our existing geological information, we expect to improve our ability to evaluate and prioritize areas for follow-up exploration. We look forward to reviewing the results as we continue to advance the project."

Bedford remains steadfast in its commitment to conducting all exploration activities in an environmentally responsible manner and in close collaboration with local indigenous communities and other stakeholders. The Company places the highest priority on minimizing its environmental footprint while fostering positive and mutually respectful relationships within the region.

Francis R. Newton, PGeo, (OGQ No. 2129), a consultant to Bedford and a qualified person under National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed the technical contents of this news release and has approved the disclosure of the technical information contained herein.

For further information, please contact the Company at info@bedfordmetals.com or 604-622-1199 or visit the Company's website at www.bedfordmetals.com.

On behalf of the Board,

Bedford Metals Corp.

"Peter Born"

President

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words "anticipate", "believe", "estimate", "expect", "target", "plan", "forecast", "may", "schedule" and similar words or expressions identify forward-looking statements or information. Such statements represent the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

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