Mr. Errol Farr reports

ENEREV5 METALS INC. ANNOUNCES CLOSING OF $315,000 FIRST TRANCHE NON-BROKERED PRIVATE PLACEMENT

Enerev5 Metals Inc. has closed the first tranche of its non-brokered private placement. The first tranche is composed of the sale of 31.5 million units at a price of one cent per unit for aggregate gross proceeds of $315,000. Each unit consisted of one common share of the company and one share purchase warrant. Each warrant entitles the holder, to acquire one share at an exercise price of five cents per warrant for a period of five years following the closing date of the offering. The proceeds of the offering will be used for general corporate and working capital purposes and project review and acquisition costs. The company expects to close the second and final tranche of the offering on or around March 5, 2026.

Completion of the offering is subject to the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange. All securities issued and issuable will be subject to a statutory hold period of four months and one day, in accordance with applicable Canadian securities laws. The company paid a commission to eligible finders in connection with the first tranche in the amount of $25,200 and 3.15 million non-transferrable warrants to purchase units at a price of five cents per broker warrants. The broker units are subject to the same terms as the units sold under the offering.

About Enerev5 Metals Inc.

Enerev5 Metals is a Canadian exploration company focused on the identification and development of critical battery metals projects in stable, mining-friendly jurisdictions. The company's strategy is to build a portfolio of early stage assets that have the potential to supply ethically sourced metals essential to the global transition to clean energy. Enerev5 is currently advancing lithium exploration in northeastern Nevada and continues to evaluate additional opportunities in high-potential jurisdictions to support its long-term growth objectives.

We seek Safe Harbor.