Mr. Ian Gibbs reports

FIREWEED RECEIVES CONDITIONAL APPROVAL TO GRADUATE TO THE TORONTO STOCK EXCHANGE

Fireweed Metals Corp. has received conditional approval from the Toronto Stock Exchange to graduate from the TSX Venture Exchange to list the company's common shares on the TSX.

Final approval of the TSX listing is subject to the company fulfilling certain standard and customary conditions required by the TSX on or before Jan. 19, 2027. The company expects that it will satisfy all conditions in due course and will issue further communication upon final approval from the TSX. Upon satisfaction of these final listing requirements, the common shares will be delisted from the TSX-V and commence trading on the TSX. The common shares will continue to trade under the stock symbol FWZ. Shareholders are not required to exchange their share certificates or take any other action in connection with the TSX listing as there will be no change in the Cusip number for the common shares.

About Fireweed Metals Corp.

Fireweed is an exploration company focused on unlocking value in a new critical metals district located in Northern Canada. Fireweed is 100-per-cent owner of the Macpass district, a large and highly prospective 985-square-kilometre land package. The Macpass district includes the Macpass zinc-lead-silver project and the Mactung tungsten project. A Lundin Group company, Fireweed is strongly positioned to create meaningful value.

Fireweed trades on the TSX-V under the trading symbol FWZ, on the OTCQX Best Market under the symbol FWEDF and on the Frankfurt Stock Exchange under the trading symbol M0G.

We seek Safe Harbor.