Mr. Brad Brodeur reports

CANAMERA COMMENCES EXPLORATION AT SAO SEPE PROJECT IN BRAZIL WITH THREE HIGH-PRIORITY RARE EARTH TARGETS IDENTIFIED

Canamera Energy Metals Corp. has provided an update on its activities at the Sao Sepe rare earth element (REE) project, located in Rio Grande do Sul, Brazil, where historical surface work has identified compelling exploration targets for potential ionic adsorption clay-hosted REE mineralization. The company holds an option to acquire up to a 100-per-cent interest in the project under its option agreement with iFind Mining Inc., the details of which were announced on Oct. 7, 2025.

A total of 46 shallow soil samples completed by iFind Mining, collected to depths of up to 70 centimetres, have delineated three primary target areas for follow-up exploration. Analytical results returned promising total rare earth oxides (TREO) and magnetic rare earth oxides (MREO) values, highlighting a strong geochemical footprint across the project area. Notably, anomalous concentrations of dysprosium (Dy) and terbium (Tb) were also identified, an encouraging indicator given the relative scarcity of these critical heavy rare earth elements in near-surface environments.

The three priority target areas -- Sara, Erica and Maya -- are defined by coherent clusters of elevated TREO values and are interpreted to represent zones of potential REE enrichment within the weathered profile. The spatial distribution of soil anomalies, along with underlying geology and topographic setting, supports their prioritization for follow-up drilling.

Building on these results, the company began an approximately 500-metre auger (SPT) drill program on May 1, designed both as a direct follow-up to the high-grade soil anomalies and as a stepout campaign of approximately 400 metres to evaluate the lateral continuity of potential mineralization. The program is expected to take an estimated four to six weeks.

The majority of the planned drill holes are located within the Sao Sepe granite, a felsic intrusive unit that shares key geological characteristics with the granite hosting the Pela Ema deposit at Serra Verde. Both systems are characterized by evolved, silica-rich granitic compositions and are associated with deep tropical weathering profiles that promote the formation of ionic adsorption clay-hosted REE mineralization. In addition, both granites exhibit enrichment in rare earth elements through magmatic differentiation, followed by secondary concentration during lateritic weathering, thereby enhancing the potential for economically significant REE accumulation in near-surface horizons.

The Sao Sepe project also benefits from excellent infrastructure, with an extensive network of roads providing efficient access throughout the property. This logistical advantage facilitates the mobilization and operation of drilling equipment, including truck-mounted rigs, thereby supporting the timely and cost-effective execution of the exploration program.

"Brazil is becoming a global focus for exploration for rare earth metals. With our early exploration successes at Turvolandia, we are excited to begin our Sao Sepe program to test for indications of potential ionic clay REE mineralization," stated Brad Brodeur, chief executive officer of Canamera Energy Metals. "The definition of three coherent target areas with strong TREO values in the soil samples, including encouraging levels of dysprosium and terbium, provides a clear path forward. This upcoming drill program is also designed to test for both potential grade and continuity and represents an important step in advancing Sao Sepe alongside our broader Brazilian REE platform."

The scientific and technical information in this news release has been reviewed and approved by Warren Robb, PGeo (British Columbia), vice-president, exploration, of Canamera Energy Metals and a qualified person as defined by National Instrument 43-101.

For a discussion of the company's quality assurance/quality control and data verification processes and procedures, please see Canamera's most recently filed technical report, a copy of which may be obtained under the company's profile on SEDAR+.

About Canamera Energy Metals Corp.

Canamera Energy Metals is a rare earth elements exploration and development company with an expanding project portfolio across Brazil, the United States and Canada. The company is focused on advancing ionic clay REE projects in Brazil and critical mineral assets in North America to support Western rare earth supply chain independence.

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