Mr. Tyler Thorburn reports

TOTAL METALS APPOINTS NEW CHIEF FINANCIAL OFFICER

Total Metals Corp. has appointed Ashley Nadon as chief financial officer, effective Jan. 1, 2026.

Ms. Nadon is a chartered professional accountant and holds a bachelor of arts (economics) from the University of Toronto and a master of business administration in accounting from McMaster University. Ms. Nadon provides accounting and corporate secretarial services to private and public companies in her role as managing director of Nadon Professional Corp. Ms. Nadon has experience as the CFO of several reporting issuers and is currently the CFO of TSX Venture Exchange-listed Homeland Nickel Inc.

Ms. Nadon replaces Brandon Schwabe, who steps down as chief financial officer. The board would like to thank Mr. Schwabe for his contributions to the company and wishes him well with his future endeavours.

The company wishes to clarify that, further to its news release dated Dec. 18, 2025, and pursuant to the second and final tranche of its non-brokered private placement financing (the hard-dollar offering):

• 394,444 of the units of the company issued are subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable Canadian securities laws and TSX Venture Exchange policies;
• 186,666 units issued were offered to purchasers outside of Canada pursuant to an exemption from the prospectus requirements in Canada available under OSC Rule 72-503, Distributions Outside Canada, and, accordingly, such units are not subject to a four-month-and-one-day hold period in Canada.

About Total Metals Corp.

Total Metals is focused on its 100-per-cent-owned Electrolode project covering over 3,300 contiguous hectares in Northwestern Ontario. The Electrolode project is targeting high-potential critical mineral plus gold resources and targets in three favourable geologic trends, located near major mines in the Red Lake gold camp, and is strategically located between Kinross Gold's Great Bear project and First Mining Gold's Springpole project. The Electrolode project is fully permitted for exploration drilling and hosts 10 historic mineralized zones with significant expansion potential plus new, untested targets ready for further exploration. Total Metals also owns 100 per cent of the High Lake-West Hawk Lake project covering 958 hectares in two gold properties located along the Trans-Canada Highway straddling the Manitoba/Ontario border. The Purex zone on the High Lake property has significant exploration potential and will be the primary target for initial exploration and potential future mining activities. The West Hawk Lake property comprises a single mineral lease, located within southeastern Manitoba.

We seek Safe Harbor.