Mr. reports

CANAMERA ANNOUNCES LIFE OFFERING

Canamera Energy Metals Corp. has arranged a non-brokered private placement under the listed issuer financing exemption (as defined below) of up to 4,545,454 units of the company at a price of 55 cents per unit for aggregate gross proceeds of up to $2.5-million.

Each unit consisting of one common share of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder to acquire one common share at a price of 65 cents per common share for a period of 24 months from the closing date (as defined below).

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 (Prospectus Exemptions) and the Coordinated Blanket Order 45-935 (Exemptions from Certain Conditions of the Listed Issuer Financing Exemption), the offering is being made to purchasers resident in Canada, except Quebec, as well as certain jurisdictions outside of Canada, pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the Listed Issuer Financing Exemption). The securities offered under the listed issuer financing exemption will not be subject to a hold period in accordance with applicable Canadian securities laws.

The offering is expected to close on or about March 20, 2026, or such other date as the company may determine, and is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals. The company intends to use its available funds to advance the company's mineral projects, to maintain existing property acquisition obligations, and for general working capital and corporate purposes, including investor relations, as more specifically described in the offering document (as defined below).

There is an offering document related to the offering that will be accessible under the company's SEDAR+ profile and on the company's website. The offering document contains additional detail regarding the offering, including additional details regarding the expected use of proceeds from the offering. Prospective investors should read this offering document before making an investment decision.

In connection with the closing of the offering and the concurrent offering (as defined herein), the company may pay finders' fees to eligible parties which have assisted in introducing subscribers. Completion of the offering remains subject to regulatory approval.

Concurrent non-brokered private placement

The company also wishes to announce a concurrent non-brokered private placement of up to 2,272,727 flow-through units at a price of 66 cents per FT units for aggregate proceeds of up to $1.5-million.

Each FT unit consists of one flow-through common share and one-half of one common share purchase warrant. Each FT warrant will entitle the holder to acquire one common share at a price of 75 cents per common share for a period of 24 months from the date of closing. The securities issued in connection with the concurrent offering will be subject to a statutory hold period of four months and one day.

The proceeds from the sale of the FT units will be used to incur Canadian exploration expenses within the meaning of the Income Tax Act (Canada).

About Canamera Energy Metals Corp.

Canamera is a critical and rare earth metal exploration company focused on building a diversified portfolio of district-scale projects across the Americas. In North America, the company's portfolio includes the Schryburt Lake rare earth and niobium project in Ontario; the Iron Hills critical and rare earth project in Colorado; the Garrow rare earth element project in Northern Ontario; the Waterslide rare earth and uranium project in Northern Ontario; the Great Divide Basin uranium project in Wyoming; and the Mantle project in British Columbia. In Brazil, Canamera is advancing the Turvolandia and Sao Sepe rare earth element projects. Across this portfolio, Canamera targets underexplored regions with strong geological signatures and supportive jurisdictions, leveraging geochemical, geophysical and geological data sets to generate and advance high-conviction, first-mover exploration opportunities.

We seek Safe Harbor.