Mr. Tim Warman reports

FUERTE METALS VENDS EL COFRE PROJECT IN CHILE TO CHILEAN COBALT CORPORATION

Fuerte Metals Corp. has entered into a definitive agreement to sell its 100-per-cent-owned El Cofre project in Chile to Chilean Cobalt Corp. Under the terms of the agreement, Cobalt Chile SpA, a wholly owned subsidiary of Fuerte Metals, will transfer a 100-per-cent ownership of the mining concessions to Baltum Mineria SpA, a wholly owned subsidiary of Chilean Cobalt. In exchange, Cobalt Chile SpA will receive 4.5 million common shares of Chilean Cobalt, for total consideration of $1.89-million (U.S.), as well as reimbursement for the most recent concession payments.

Closing is expected to occur on or about Nov. 11, 2025, subject to all necessary regulatory approvals and customary closing conditions being satisfied.

Fuerte will continue to focus on its primary project in Chile, the Placeton/Caballo Muerto project, which hosts several untested porphyry copper targets situated between the large-scale Relincho and El Morro/La Fortuna copper-gold deposits of the Nueva Union joint venture between Teck and Newmont Mining.

About Fuerte Metals Corp.

Fuerte Metals is a well-financed resource company, adding value through the acquisition, exploration and development of copper and precious metals projects in the Americas. The company is advancing its Cristina precious metals project in Chihuahua, Mexico, with the goal of significantly expanding the existing mineral resource estimate with a focus on underground mining. In Chile, the Placeton/Caballo Muerto project hosts several untested porphyry copper targets situated between the large-scale Relincho and El Morro/La Fortuna copper-gold deposits of the Nueva Union joint venture between Teck and Newmont Mining.

We seek Safe Harbor.