Mr. Reagan Glazier reports

NEOTECH METALS RECEIVES 200K GRANT FROM OJEP

Neotech Metals Corp. has received approval under the Ontario Junior Exploration Program (OJEP) for funding of up to $200,000 to be applied toward eligible 2025 exploration expenditures at its 100-per-cent wholly owned apatite-hosted rare-earth and niobium project located 15 kilometres from the Otter Rapids 180-megawatt hydroelectric power generation facility.

The OJEP grant, covering up to 50 per cent of eligible mineral exploration expenditures (to a maximum of $400,000) incurred in Ontario during the 2025 field season, has enabled Neotech to expand its exploration footprint to more distal targets on the property while meaningfully derisking capital deployment. This has enabled the company to drill broad stepouts within the nine-plus-kilometre geophysical anomaly representing the H/K carbonatite and Syenite complexes.

Reagan Glazier, chief executive officer, said in quote: "We sincerely appreciate the support of the government of Ontario through the Ontario Junior Exploration Program. This funding not only helps offset exploration risk, but also reinforces the province's commitment to fostering responsible discovery and development of strategic rare earth assets that are critical to future economic growth and supply chain security."

"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 Neotech Metals Corp. to advance promising projects here at home-unlocking resources, creating jobs, and building a more self-reliant and secure Canadian economy."

2025 Hecla-Kilmer drill campaign update

Neotech Metals completed approximately 8,000 metres of drilling in 2025 at H/K, as well as relogging and reassaying approximately 1,900 metres of core drilled by the previous owner, VR Resources Ltd., between 2020 to 2023 for the full rare-earth suite and is to be included in the maiden resource estimate (MRE), expected to come in 2026.

Assays are currently pending on all samples and will be released upon completion.

About Neotech Metals Corp.

Neotech Metals is a mineral exploration company dedicated to discovering and developing valuable mineral resources within promising jurisdictions around the world. With a strong commitment to environmental stewardship and sustainable practices, Neotech is positioned to make a positive impact while maximizing the potential of its exploration properties.

The company has a diversified portfolio of rare-earth element and rare metals projects, including the Hecla-Kilmer, located 20 kilometres from the Otter Rapids 180 MW hydroelectric power generation station and active Ontario Northway railway, along with its TREO and Foothills projects located in British Columbia. All three projects are 100 per cent wholly owned.

Qualified person

Technical information for this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101. Jared Galenzoski, vice-president of exploration, PGeo, and qualified person, has reviewed and approved all of the data and statements made for this news release.

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