Mr. Terry Christopher reports

ZONTE METALS COMPLETES FIRST TRANCHE OF NON-BROKERED PRIVATE PLACEMENT AND INCREASES SIZE OF OFFERING

Zonte Metals Inc. has completed the first tranche of its previously announced non-brokered private placement and issued 2.5 million common share units at a price of 10 cents per common share unit (CS unit) for total proceeds of $250,000. Each CS unit consists of one common share and one-half common share purchase warrant. Each full warrant is exercisable until Dec. 2, 2027, to purchase one common share of the company at a price of 15 cents per share. Following completion of the first tranche, the company will have 83,604,105 shares issued and outstanding. Based on additional demand, and subject to TSX Venture Exchange approval, the company may issue up to an additional 1.5 million CS units.

In connection with securities sold pursuant to the first tranche, the company will pay $1,750 in cash and issue 17,500 finders' warrants to Stephen Avenue Securities Inc., an eligible finder who is at arm's length to the company. Each finder's warrant is exercisable until Dec. 2, 2027, to purchase one common share of the company at a price of 15 cents per share. Finders' fees paid in connection with the offering are subject to and in accordance with exchange and regulatory policies.

All securities issued pursuant to the first tranche, including any shares that may be issued pursuant to the exercise of the common share purchase warrants, will be subject to a four-month-and-one-day statutory hold period ending Oct. 3, 2026.

The company intends to use the net proceeds of the offering for general corporate and working capital purposes.

About Zonte Metals Inc.

Zonte Metals is a junior exploration company focused on the discovery and development of high-potential mineral projects. The company's strategy is to advance projects with the scale and potential to attract major partners and deliver significant shareholder value. The company owns 100 per cent of the MJ project, in the Tintina gold belt, located in the Yukon Territory, the Wings Point project in the new Central Newfoundland gold belt and the Cross Hills copper project located in Newfoundland and Labrador. In Colombia, the company and partner have an application over open areas sitting on top of the open pit outline of the Gramalote deposit in Colombia, which is held by B2Gold (Toronto Stock Exchange: BTO, New York Stock Exchange: BTG). The title issuance is being contested by the state governing the application and the company has started legal action to protect its rights.

We seek Safe Harbor.