Mr. Gregory Duras reports

WESTERN METALLICA ANNOUNCES EXPIRY OF NON-BINDING LOI WITH EMERITA RESOURCES AND PERMIT RENEWAL FOR NUEVA CELTI

Western Metallica Resources Corp.'s non-binding letter of intent executed with Emerita Resources Corp. for the company's Nueva Celti property in Andalucia, Spain (see news release dated Sept. 22, 2025), has expired. At this time the company does not plan to proceed with the transaction.

The company also announces the renewal of the permit for Nueva Celti. On Feb. 27, 2026, the competent mining authority resolved to grant the first extension of Section C, exploration permit No. 7996 Nueva Celti, located in the municipality of Penaflor, province of Seville, for a further term of three years, thereby extending its validity until Feb. 27, 2029.

About Western Metallica Resources Corp.

Western Metallica is an Ontario registered company with its head office in Toronto, Ont., trading on the TSX Venture Exchange under symbol WMS. Western Metallica is in the business of mineral resource exploration. Its project interests include its 100-per-cent-owned Nueva Celti copper property in Andalusia, Spain, and three other gold projects located in the Navelgas gold belt in Asturias, Spain (Penedela, Valledor and Sierra Alta).

We seek Safe Harbor.