Mr. Aidan Bishop reports

GREAT PLAINS METALS CORP - COMPANY UPDATE

Great Plains Metals Corp. has provided a company update following the closing of the $865,000 private placement on Oct. 8, 2025. Great Plains' focus is now solely in Australia, a Tier 1 mineral jurisdiction, where work has commenced. The company will update the market shortly with regard to work programs, timetables and near-term goals at each of its projects.

Change of CEO (chief executive officer)

Executive director Aidan Bishop has been appointed as CEO of the company replacing Anders West with immediate effect. The executive board comprises Mr. Bishop, Douglas Kirwin and Rupert Williams. The company would like to thank Mr. West for his contribution to the company.

Development work has also commenced on a new website under the domain name www.greatplainsmetals.com which is expected to be completed on or around the end of the month.

Aidan Bishop, incoming CEO, commented:

"The closing of the recent private placement represents the final leg of our strategic shift to Australia alongside our recent change of name and now enables us to make tangible progress over the coming months.

"Our recalibrated portfolio has a clear focus on drill-ready exploration opportunities where a low-cost, rapid discovery model, can be applied. This approach offers the most attractive risk reward basis for creating value for shareholders.

"Douglas Kirwin and I were recently in Australia conducting meetings with our joint venture partner, Godolphin Resources, regarding the Yeoval Goodrich project which is at the most advanced exploration stage of the projects in our portfolio. This is shaping up to represent a substantial opportunity for GPS within the Lachlan Fold belt, a premier exploration address, and I look forward to providing further updates in the near future.

"GPS has all the ingredients for success -- gold and copper prices at all-time highs; a low-cost rapid discovery model providing early proof of technical concepts; drill-ready projects; with drilling plans under way for early 2026; and located in a Tier 1 mineral jurisdiction.

"Finally I would like to welcome all new shareholders to the register who supported the private placement. I am excited at the prospect of leading GPS in what will be both a very busy period of activity as well as increasing the level of shareholder and market engagement."

The company also announces that it has granted a total of 3.3 million stock options to directors, officers and consultants of the company, exercisable for a period of five years, at a price of eight cents per share. The grant of the options is subject to regulatory approval.