Mr. Sreenath Didugu reports

OSIRIS ONE METALS APPOINTS RANDALL THOMPSON AS DIRECTOR

Osiris One Metals Ltd. has appointed Randall Thompson to the board of directors and has provide a brief project update.

Director appointment

Mr. Thompson is a senior mining executive with 40 years of experience working globally in the mining industry covering the full cycle of mining from exploration, construction, operations and reclamation. Mr. Thompson has served as chief operating officer of Imperial Metals since 2022, having previously held the position of vice-president of operations from 2018, and served on the Brixton Metals board from 2018 until recently. Previously, Mr. Thompson has held positions in Placer Dome, Barrick Gold, Goldcorp and Equinox Minerals. In addition, Mr. Thompson has been appointed to and has advised multiple junior explorers and operators, including Rockhaven Resources.

From 2012 to 2017, Mr. Thompson served as president and chief operating officer of Huckleberry Mines Ltd., where he led the approximately $100-million expansion of the Huckleberry mine. Prior to that, he served as project director for the construction of the $450-million (U.S.) Jabal Sayid copper mine in Saudi Arabia for Equinox Minerals.

Further, Mr. Thompson was involved in the optimization of operations at the Silvertip mine in Northern British Columbia prior to the acquisition of JDS Silver by Coeur Mining. His previous board experience further includes serving as a director of Minto Explorations in Yukon and the Mining Association of British Columbia.

The company further announces that it has granted one million incentive stock options to Mr. Thompson pursuant to its incentive stock option plan. Each stock option is exercisable to acquire one common share of the company at an exercise price of five cents per share for a period of five years from the date of grant. The stock options vest with this release and are subject to the terms and conditions of the plan and the policies of the TSX Venture Exchange.

The company announces the resignation of Joseph Gallucci as a director of the company. The company wishes to thank Mr. Gallucci for his many contributions during his tenure and wishes him the best in his future endeavours.

Victory project (20-per-cent free carried) update

Osiris One is pleased to report that Trinity One Metals, the joint venture operator of the Victory project, has completed a three hole diamond drilling campaign.

The program totalled approximately 600 metres of diamond drilling testing priority copper targets generated from previous geological, geochemical and geophysical work.

Core from the program has been logged, sampled and submitted for laboratory analysis. The company is currently awaiting assay results, and will provide a further update once results have been received, reviewed and interpreted.

Chief executive officer of Osiris One, Sreenath Didugu, commented:

"Randall's proven and extensive expertise in the full cycle of mining, from exploration through to production, expansion and reclamation, will be invaluable as we advance our portfolio of projects and pursue the next stage of the company's growth. We are very pleased to welcome Randall to the Osiris One team."

About Osiris One Metals Ltd.

Osiris One Metals is building exposure to strategic and critical minerals as a precious and base metals explorer focused on constructing a portfolio of high-growth assets. The company aims to acquire and develop projects with strong geological fundamentals, clear catalysts and the potential to create significant value.

We seek Safe Harbor.