Mr. Koby Kushner reports

LIBRA ENERGY MATERIALS AWARDED $200,000 GRANT FROM ONTARIO GOVERNMENT

Libra Energy Materials Inc. has been awarded $200,000 in non-dilutive grant funding from the Ontario government through the Ontario junior exploration program. Administered by the Ontario Ministry of Mines, the OJEP grant provides financial assistance to junior exploration companies to offset costs associated with grassroots mineral exploration.

"We are grateful for the Ontario government's ongoing commitment to supporting junior explorers like Libra," said Koby Kushner, chief executive officer of Libra. "These non-dilutive grants have enabled us to operate leanly, preserve our tight capital structure and aggressively explore through volatile market cycles. We're excited to deploy this funding in our upcoming 2026 field season."

"Ontario is leading the charge to secure the minerals that will power our economy and strengthen our sovereignty," said Stephen Lecce, Minister of Energy and Mines. "Through OJEP, we're backing companies like Libra to advance promising projects here at home -- unlocking resources, creating jobs, and building a more self-reliant and secure Canadian economy."

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 Co. 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 mineral 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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