Ms. Caitlin Jeffs reports

RED METAL REPORTS $397,500 IN WARRANT EXERCISES AND ENGAGES MARKETING CONSULTING FIRM

Red Metal Resources Ltd. has received gross proceeds of $397,500 from the exercise of 4,354,167 common share purchase warrants. The company intends to use the net proceeds for its continuing exploration programs and for general working capital purposes.

The 4,354,167 warrants were exercised by three holders, one of whom is an insider of the company. The warrants were exercised in accordance with their existing terms.

Investor awareness campaign

The company also announces that it has engaged Spark Newswire to provide marketing and investor awareness services in connection with an investor awareness campaign. The engagement is for an initial term of two months commencing in late June, 2026. Spark's services include the drafting and distribution of marketing materials and news releases, e-mail and newsletter distribution, social media and on-line campaigns, the creation of investment-thesis content, and general capital markets advisory and strategy services, with the objective of increasing market awareness of the company among existing and prospective investors.

As consideration for the services, the company will pay Spark an aggregate of $125,000 (U.S.) in cash over the two-month initial term, consisting of $50,000 (U.S.) for the first month and $75,000 (U.S.) for the second month. No shares, options or other securities of the company form part of the compensation payable to Spark. Following the initial term, the company may elect to continue services on a monthly basis or move to a reduced monthly maintenance arrangement of $50,000 (U.S.) per month.

Spark deals at arm's length with the company, and at the time of the agreement, neither Spark nor its principals hold, directly or indirectly, any securities of the company. Spark and its principals are responsible for ensuring that all activities undertaken on the company's behalf comply with applicable securities laws and the policies of the Canadian Securities Exchange. The engagement remains subject to the policies of the CSE. Spark can be contacted at 604-999-7361 or Suite 800, 885 West Georgia St., Vancouver, B.C., V6C 3H1, Canada.

Caitlin Jeffs, president and chief executive officer of Red Metal Resources, commented: "We are very pleased with the strong level of warrant exercise, which adds approximately $397,500 to our treasury to support our ongoing exploration programs and general working capital. Engaging Spark Newswire is an important next step in broadening awareness of Red Metal among both retail and institutional investors as we continue to advance the Carrizal copper-gold project in the coastal Cordillera, Chile, and our projects in Quebec and Ontario."

About Red Metal Resources Ltd.

Red Metal Resources is a mineral exploration company focused on growth through acquiring, exploring and developing clean energy and strategic minerals projects. The company's current portfolio includes the company's Chilean projects, located in the prolific Candelaria iron oxide, copper and gold (IOCG) belt of Chile's coastal Cordillera, as well as the 100-per-cent-owned Ville Marie claims in Quebec and Larder Lake claims in Ontario, Canada.

Red Metal is quoted on the Canadian Securities Exchange under the symbol RMES, on the OTC Link alternative trading system on the OTC Pink marketplace under the symbol RMESF and on the Frankfurt Stock Exchange under the symbol I660.

We seek Safe Harbor.