Mr. Michael Hudson reports

HANNAN METALS UPGRADES TO OTCQB VENTURE MARKET

Hannan Metals Ltd.'s common shares have been approved for trading on the OTCQB Venture Market, operated by OTC Markets Group Inc. Trading on the OTCQB will commence at market open on Nov. 9, 2026, under the company's existing symbol, HANNF. The company's common shares were previously quoted on the OTC Pink market and will continue to trade on the TSX Venture Exchange under the symbol HAN.

Key points:

• Hannan's common shares have been approved for upgrade from OTC Pink to the OTCQB Venture Market, with trading on the OTCQB to commence on Nov. 9, 2026, under the existing symbol HANNF.
• The company's common shares continue to trade on the TSX-V under the symbol HAN.
• The OTCQB provides U.S. investors with improved access to and visibility of the company, including real-time Level 2 quotes on the OTC Markets website.

Michael Hudson, chief executive officer, stated: "Moving up to the OTCQB gives U.S. investors a simpler and more transparent way to follow and own Hannan. The timing suits us. Previsto in Peru is advancing through permitting, and assays from our second drill program at Stavatrask in Sweden are due within weeks. We want as broad an audience as possible following those results."

OTCQB Venture Market

The OTCQB is a U.S. trading platform operated by OTC Markets Group for entrepreneurial and development-stage companies. To be eligible, companies must be current in their financial reporting, meet a minimum bid price test, and undergo an annual verification and management certification process. These standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.

The upgrade from OTC Pink is expected to improve the visibility and accessibility of the company to U.S. investors. U.S. investors can find current financial disclosure and real-time Level 2 quotes for the company on the OTC Markets website.

About Hannan Metals Ltd.

Hannan Metals is an exploration company with a primary focus on advancing its Previsto gold-copper prospect (Amanecer project) in Peru and an option to earn 100 per cent in three high-grade gold projects in Sweden. Over the past decade, the team behind Hannan has forged a long and successful record of discovering, financing and advancing mineral projects in Australia, Europe and South America.

We seek Safe Harbor.