Mr. Gregory Duras reports

WESTERN METALLICA RESOURCES CORP. EXTENDS EXCLUSIVITY PERIOD WITH AJAX RESOURCES ON THE EXCLUSIVITY AND BINDING OPTION AGREEMENT FOR THE NUEVA CELTI COPPER PROJECT

Western Metallica Resources Corp. has extended the exclusivity period to Nov. 30, 2026, on the exclusivity and binding option agreement with Ajax Resources PLC, pursuant to which Ajax has secured an exclusive and irrevocable option to acquire 100 per cent of the issued share capital of Western Metallica SL, a fully owned Spanish subsidiary of Western Metallica that owns the Nueva Celti copper project, located in Andalusia, Spain (see news releases dated Aug. 7, 2026, and Sept. 23, 2026).

The company has received TSX Venture Exchange conditional approval for the transaction subject to the completion of various closing conditions, including, without limitation, shareholder approval.

About Western Metallica Resources Corp.

Western Metallica is an Ontario company with its head office in Toronto, Ont. Western Metallica is in the business of mineral resource exploration and development, its principal asset is its 100-per-cent-owned Penedela gold property in the Navelgas gold belt in Asturias, Spain. Western Metallica also has an interest in two other Spanish gold projects in the Navelgas gold belt in Asturias (Valledor and Sierra Alta) and one project located in Andalucia (Nueva Celti).

We seek Safe Harbor.