Mr. Haydn Daxter reports

POWER METALS APPOINTS SENIOR MANAGEMENT POSITION

Power Metals Corp. has appointed Geoff Heggie, PhD, as vice-president of exploration, effective immediately.

Dr. Heggie, PhD, is registered with Professional Geoscientists (Ontario), and has extensive experience leading and advancing mineral exploration projects in Northwestern Ontario.

Dr. Heggie brings with him a strong blend of field, technical and leadership expertise gained through senior roles, including vice-president, exploration, of Clean Air Metals, and senior geologist at Noront Resources (acquired by Wyloo in April, 2022).

Haydn Daxter, chief executive officer of Power Metals, said: "Geoff's appointment strengthens our technical leadership as the company continues to advance exploration across our flagship Case Lake cesium project. The appointment is an important strategic milestone as we advance our 2026 exploration program ahead of progressing towards our development pathway."

The company's new VP of exploration stated: "I am excited to join Power Metals at such an important point in the company's growth. The company is demonstrating the hallmarks of a significant, scalable mineral system, with strong district-scale expansion potential. I look forward to leading the exploration team as we continue to refine the geological framework, prioritize targets and responsibly execute our ambitious, advanced exploration program aimed at unlocking the full potential of the Case Lake project."

Dr. Heggie is a professional geologist with over 20 years industry experience in Canada and Australia. He holds a PhD in geology from the University of Western Australia, Perth, for his work on komatiite mineralizing systems.

He was an integral part of the team that discovered the McFaulds No. 8 copper-zinc volcanogenic massive sulphide lens in the Ring of Fire while with Noront Resources, the identification of PGE reefs hosted within the Seagull intrusion and the discovery of the down plunge extension of the orthomagmatic Escape deposit hosted within the Thunder Bay North complex.

About Power Metals Corp.

Power Metals is a Canadian critical mineral company advancing high-quality exploration and development assets. Its flagship project is the 100-per-cent-owned Case Lake property in Ontario, an advanced exploration-stage, high-grade cesium asset with additional exposure to lithium and tantalum.

Located around 80 kilometres east of the established town of Cochrane, that has a long history of mining, near the Ontario-Quebec border, Case Lake is a district-scale project comprising 586 cell claims across six townships and a 10-kilometre-long LCT pegmatite trend spanning 14 granitic domes. This includes six spodumene dikes on the Henry Dome and the West Joe dike, one of the highest-grade cesium systems discovered globally, with pollucite lenses returning grades up to 26 per cent and remaining open at depth.

Power Metals has completed 23,976 metres of drilling between 2017 and 2025, and identified 17 new targets and early indicators of additional mineralized lenses, supporting strong growth potential beyond the initial resource.

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