Mr. Koby Kushner reports

LIBRA REPORTS RESULTS FROM 2025 FIELD PROGRAM AT JAMES BAY PROJECTS

Libra Energy Materials Inc. has released the results of its 2025 maiden surface exploration program at the company's 100-per-cent-owned Nemiscau and Wegucci projects located in the James Bay region, Quebec. The six-day field program included the collection of 69 rock samples across key target areas.

The program successfully identified multiple pegmatite swarms across both projects, with individual pegmatite bodies reaching estimated widths of up to 30 metres. At Wegucci, field crews also discovered a pegmatite that is notably more fractionated than others observed to date, making it a priority target for potential follow-up work.

Sampling returned encouraging geochemical results, including values up to 86 parts per million Nb (niobium) and 16 ppm Ta (tantalum) from pegmatites at Nemiscau. Elevated gallium values were recorded at both projects, with a peak of 47 ppm Ga (gallium) in a pegmatite at Nemiscau.

Importantly, this initial surface program covered less than 10 per cent of the total combined area of both projects.

Wegucci overview

The Wegucci property is situated within the Lac des Montagnes volcanic-sedimentary belt of the Opatica subprovince in Quebec's James Bay region. Covering 2,070 hectares, the Wegucci property occupies a strategic position along the same major structural corridor and subprovince boundary that hosts Rio Tinto's Whabouchi lithium deposit, as well as several other known lithium-cesium-tantalum (LCT) pegmatite occurrences.

Nemiscau overview

The Nemiscau property lies within the Eastmain subprovince near James Bay in Northern Quebec, approximately 18 kilometres (km) south of Cygnus Metals' Pontax lithium deposit. The 2,454-hectare Nemiscau property has historically been mapped as hosting a rose-coloured pegmatitic granite. Most of the ground remains underexplored, with only the southeastern and southwestern corners visited during Libra's initial field program.

Qualified person and third party data

The scientific and technical information in this news release has been reviewed and approved by Benjamin Kuzmich, PGeo, vice-president, exploration, of Libra. Ben Kuzmich is a qualified person as defined in National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

Mineralization hosted on nearby or adjacent properties is not necessarily indicative of mineralization hosted on the Libra's projects. References to mineralization or resource estimates on other companies' projects are provided for context only and do not imply that Libra's projects contain similar quantities or grades of mineralization.

About Libra Energy Materials Inc.

Libra is a Canadian mineral exploration company focused on the discovery and development of the critical minerals necessary for the green energy transition. Libra's Flanders North, Flanders South and SBC projects in Ontario are being explored under a $33-million earn-in deal with KoBold Metals Company. In addition, Libra has 100-per-cent ownership of another four lithium projects in Ontario and Quebec, Canada, as well as another 21 lithium projects, eight graphite projects and one cobalt project in Brazil -- an emerging critical minerals hub. The Libra team comprises a mix of seasoned executives, engineers and geoscientists, with extensive experience in mining and mineral exploration, capital markets, asset management, energy, and first nations engagement.

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