Mr. Dennis Fong reports

METATEK-GROUP LTD. ANNOUNCES COMMENCEMENT OF NORMAL COURSE ISSUER BID

Metatek-Group Ltd. has obtained approval of the Toronto Stock Exchange to commence its normal course issuer bid with respect to its common shares. The NCIB will commence on July 17, 2026, and will terminate on the earlier of July 16, 2027, the date on which the company has purchased the maximum number of common shares permitted under the NCIB or the date on which the NCIB is terminated.

Under the NCIB, the company may, over a 12-month period commencing on July 17, 2026, purchase in the normal course through the facilities of the Toronto Stock Exchange or Canadian alternative trading systems, if eligible, up to 2,461,323 common shares, such amount representing approximately 5 per cent of the 49,226,477 issued and outstanding common shares as at July 7, 2026. Furthermore, subject to certain exemptions for block purchases, the maximum number of common shares that the company may acquire on any one trading day is 6,597 common shares, such amount representing 25 per cent of the average daily trading volume of the common shares of 26,391 for the period from the company's initial public offering to June 30, 2026. All common shares purchased by the company under the NCIB will be cancelled.

Management of Metatek believes that, from time to time, the market price of the common shares may not fully reflect the underlying value of the common shares and that, at such time, the purchase of the common shares represents attractive investment value and would be in the best interests of Metatek. The purchase of common shares by Metatek will increase the proportionate interest of, and be advantageous to, all remaining shareholders.

The company has engaged Canaccord Genuity to act as broker and to administer the NCIB.

About Metatek-Group Ltd.

Metatek is a United Kingdom-based geophysical service company, providing high-definition mapping of subsurface strategic and critical mineral natural resources, energy (including hydrocarbons), helium and hydrogen, for exploration and development. Unlike traditional exploration companies that rely solely on invasive or slow-moving technologies such as seismic surveys, Metatek delivers rapid data acquisition, processing and scientific interpretation across air, land and sea environments. Metatek supports national energy security and fast-tracking of the discovery of hydrocarbons, minerals essential for sustainable power, such as lithium, nickel and copper, as well as identifying reservoirs for natural hydrogen and geothermal energy.

We seek Safe Harbor.