Mr. Clive Massey reports

KIRKSTONE METALS PROVIDES CORPORATE PROGRESS UPDATE

Kirkstone Metals Corp. has provided a corporate progress report highlighting key initiatives currently under way as the company advances its strategic growth and exploration objectives.

Exploration planning under way at Key Lake Road uranium project

Following the recent completion of due diligence and execution of the option to acquire a 100-per-cent interest in the Key Lake Road (KLR) uranium project in Northern Saskatchewan, Kirkstone has commenced the process of outlining its initial exploration program for the property.

The forthcoming work program will build upon the extensive historical data compilation completed during the due diligence phase and will focus on refining drill targets across the project's primary structural corridors. The company anticipates commencing field operations in early 2026, subject to permitting and seasonal accessibility.

Clive Massey, president and chief executive officer, commented: "After optioning Key Lake Road project, our technical team has been focused on developing a disciplined, data-driven exploration program aimed at unlocking the property's full potential. We believe this project will position Kirkstone to participate in the strengthening uranium market and to play a meaningful role in the long-term clean energy transition."

The KLR project, located approximately 90 kilometres south of Cameco's Key Lake mine and mill, lies within the Wollaston-Mudjatik transition zone (WMTZ) -- a prolific structural corridor hosting several of the world's highest-grade uranium deposits, including Key Lake, Cigar Lake and McArthur River.

Evaluation of potential secondary listing in Asia

In parallel with its exploration planning, Kirkstone confirms that management is evaluating a potential secondary stock exchange listing in Asia, with preliminary discussions under way with prospective listing sponsors and advisers. The company's current focus is on the Hong Kong Stock Exchange (HKEX) and the Tokyo Stock Exchange (TSE) as potential venues. This initiative is aligned with the Canadian federal government's developing trade strategy to strengthen commercial and financial ties with Asia and Europe as Canada continues to expand its international partnerships amid continuing trade discussions with the United States.

A secondary listing, if pursued, would be intended to broaden Kirkstone's access to global capital markets, enhance trading liquidity, and expand its investor base within key jurisdictions that share Canada's commitment to energy transition and resource security.

The company emphasizes that no assurance can be given that a listing will be completed as any such process remains subject to regulatory review, due diligence, and the company's ability to satisfy the applicable exchange's listing qualifications and disclosure standards. The company has not made a final decision to proceed with a listing, nor has it filed an application to list on any additional stock exchange and may elect not to pursue a secondary listing at any time.

Qualified person

The technical information in this news release has been reviewed and approved by Tim Henneberry, PGeo, a director of the company and a qualified person as defined under National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About Kirkstone Metals Corp.

Kirkstone Metals is a Canadian mineral exploration company focused on uranium assets that support the global transition to clean, reliable and secure energy. The company's projects include the Gorilla Lake uranium project and the Key Lake Road uranium project, both located within the Athabasca basin -- one of the world's most prolific uranium regions. Kirkstone is committed to responsible development, technical excellence and disciplined capital management.

We seek Safe Harbor.