Mr. Julien Davy reports

CANADIAN METALS ANNOUNCES RESULTS OF 2026 ANNUAL GENERAL AND SPECIAL MEETING

Canadian Metals Inc.'s shareholders have approved all matters presented for approval at the company's annual general and special meeting (the AGSM) of shareholders held on Jan. 22, 2026, including:

• Setting the number of directors at five;
• The election of Michel Gagnon, Yves Rougerie, Maxime Lemieux, Paolo Cattelan and Martin Walter as directors of the company;
• The reappointment of MNP LLP, chartered accountants, as auditor of the company;
• Approval of the company's 10-per-cent rolling stock option plan;
• Approval of the continuance of the company from the provincial jurisdiction of the Business Corporations Act (Quebec) to the federal jurisdiction of the Canada Business Corporations Act;
• Approval of the change of the company's corporate name to Silver Acadia Exploration Inc.

Subject to the approval of the Canadian Securities Exchange, the company expects the continuance and the name change to take place on or about Feb. 12, 2026, for which updates shall be provided by way of new releases.

About Canadian Metals Inc.

Canadian Metals is a diversified resource company focused on creating shareholder value through the development of large-scale mineral deposits in key commodities and safe jurisdictions. The company currently holds over 250 square kilometres of highly prospective land in New Brunswick, Canada. These projects are located within and adjacent to the Bathurst mining camp (BMC) and are 100 per cent owned. The properties cover a range of geological target types typical of the Appalachian orogenic environment, including silver-lead-zinc VMS (volcanogenic massive sulphide), structurally controlled gold, porphyry copper-gold-molybdenum, antimony-gold-arsenic associated with intrusions and skarn-type lead-zinc-copper-silver mineralization.

We seek Safe Harbor.