Canamera Announces Closing of Rights Offering

(CSE:EMET, OTCQB:EMETF, FSE:4LF0) Canamera Energy Metals Corp. has closed its previously announced rights offering to eligible holders of its common shares. At closing, the company had 153,099,226 common shares issued and outstanding, including 76,524,613 common shares issued pursuant to the rights offering at a price of $0.01 per common share, for aggregate gross proceeds of $765,246.13. The rights offering expired at 4:00 p.m. (Vancouver time) on October 9, 2026, after which unexercised rights became void. In connection with the rights offering, Canamera entered into a standby guarantee agreement with 1357508 B.C. Ltd. and Nico Consulting Inc., under which the standby guarantors agreed to subscribe for such number of common shares as necessary to guarantee gross proceeds of not less than $765,246.13. As the additional subscription privilege was oversubscribed, the standby guarantors did not purchase any common shares under the standby guarantee. For providing the standby guarantee, Canamera paid the standby guarantors an aggregate standby fee of $38,262.30 ($19,131.15 to each) and issued an aggregate of 7,652,460 non-transferable common share purchase warrants (3,826,230 to each), exercisable at $0.18 per common share at any time prior to 4:00 p.m. (Vancouver time) on October 9, 2031. No common shares were distributed to insiders under either the basic or additional subscription privileges. 35,189,297 common shares were distributed to all other persons as a group under the basic subscription privilege, and 41,335,316 common shares were distributed to all other persons as a group under the additional subscription privilege. The company states that, to its knowledge after reasonable inquiry, no person who was not an insider before the rights offering became an insider as a result of the offering. The proceeds of the rights offering are expected to be used for exploration expenditures on the Turvolandia Rare Earth Project in Brazil, mineral claim management expenses for properties in Colorado and Wyoming, and for general and administrative expenses. Canamera also notes it will continue to pursue other capital raising initiatives.

Canamera Options Rare Earth Ridge REE-Niobium Project

(CSE: EMET) (OTCQB: EMETF) Canamera Energy Metals Corp. announced that it has entered into an option agreement with Nemo Resources Inc. to acquire a 100% undivided interest in the Rare Earth Ridge rare earth element and niobium project located in northwestern Ontario, approximately 172 kilometres north of Hearst, Ontario. The Project comprises approximately 7,320 hectares of mineral claims covering two carbonatite intrusions, each approximately 6 kilometres in diameter. Under the Option Agreement, Canamera may acquire the Project by issuing common shares to the Owner with aggregate deemed values of $60,000 within five business days of regulatory approvals, $60,000 on or before the second anniversary, $60,000 on or before the third anniversary, and $100,000 on or before the fourth anniversary of the First Issuance Date. Canamera has the right to purchase one-half of the 2.0% net smelter return royalty by making a one-time cash payment of $2,000,000 to the Owner at any time. The Rare Earth Ridge project covers approximately 7,400 hectares of mineral claims held under the Mining Act (Ontario) and is centred on two OGS mapped carbonatite intrusions, each approximately 6 kilometres in diameter. The company is not obligated to incur any minimum exploration expenditures, nor to exercise the Option. The company projects the completion of all Option Payments will result in Canamera acquiring a 100% undivided interest in the Project, subject only to the NSR Royalty.

Canamera Confirms Seven Drill-Defined Target Areas at Turvolândia Ionic Clay REE Project; Rose Target Returns 8 Metres at 2,238 ppm TREO Including 3 metres at 3,776ppm TREO

(CSE: EMET, OTCQB: EMETF) Canamera Energy Metals Corp. announced assay results from its Turvolândia Ionic Clay Rare Earth Project in Minas Gerais, Brazil, expanding the Project from four to seven named, drill-confirmed rare earth target areas. The Rose Target (TUV-AUG-070) returned 8 metres at 2,238 ppm TREO and 843 ppm MREO (2-10m), including 3 metres at 3,776 ppm TREO and 1,578 ppm MREO (7-10m, end of hole). At the Marita Target, three holes all terminated in mineralised material, with the best sub-interval being 3 metres at 1,715 ppm TREO and 272 ppm MREO (TUV-AUG-064, end of hole). Across the 77 holes with results received to date, 62% returned at least one sample above 750 ppm TREO, with a peak of 6,431 ppm TREO at Cordis (March 3, 2026). The Company has completed 124 auger holes totalling 1,379 metres at an average depth of 11.12 metres, with results from 47 holes, including 20 at the Linda Target, still pending. The Company is evaluating a next-phase program, including deeper drilling at Cordis, Linda, Marita, Rose, and South to test below the auger-penetration depth. The company projects that assay results from the remaining holes will be reported upon receipt and validation.

Canamera Identifies South Target at Turvolandia, Extending to Four Targets Across 7.4 Kilometres

(CSE: EMET) Canamera Energy Metals Corp. announced assay results from auger drill hole TUV-AUG-0036 at its Turvolândia Ionic Clay Rare Earth Project in Minas Gerais, Brazil, with the deepest 6 metres of the hole returning 1,748.9 ppm TREO, including 2 metres at 2,793.8 ppm TREO (19-21 m). The last metre of TUV-AUG-0033 returned 575 ppm MREO + Y₂O₃, and the last two metres of TUV-AUG-0034 returned 355 ppm MREO + Y₂O₃. All 22 samples from TUV-AUG-0036 returned Chemical Index of Alteration (CIA) values above 93.8%, indicating advanced weathering profiles. Gallium values for 20 of the 22 one-metre intervals in TUV-AUG-0036 ranged from 17.4 to 44.3 ppm, with a full-hole average of 29 ppm over 22 metres. The South Target is located approximately 7.4 km south of Cordis and 6.3 km from Marita, establishing a four-target system at Turvolândia. The company anticipates reporting assay results from four additional holes at the South Target and is evaluating follow-up exploration programmes, including potential deeper drilling below the 22-metre depth of TUV-AUG-0036. No metallurgical studies have been completed to evaluate gallium recovery, and the economic significance of the gallium values identified to date is unknown.

Canamera Returns 14 Metres of Ionic Clay REE Mineralisation Open at Depth at New Linda Target, Extending Turvolândia System Discovery Beyond Previously Known Drilling

(CSE:EMET, OTCQB:EMETF) Canamera Energy Metals Corp. announced assay results from auger drill hole TUV-AUG-0043 at the Turvolândia Ionic Clay Rare Earth Project in Minas Gerais, Brazil. The hole was drilled in a previously untested area, 3.3 kilometres north of the Marita target and 3.7 kilometres northwest of the Cordis target, and returned rare earth mineralisation from surface through 14 metres of depth, with the hole terminating in mineralised material and remaining open at depth. Highlights include 14.0 metres (full hole, surface to end of hole) averaging 2,208.6 ppm TREO, 664.7 ppm MREO + Y, 178.0 ppm HREO, 545.7 ppm Nd2O3 + Pr6O11, and 24.0 ppm Dy2O3 + Tb4O7. All samples returned Chemical Index of Alteration (CIA) values above 70%, with an average CIA of approximately 83%. Previous drilling at Cordis intersected 2 metres (14-16 m) grading 3,823 ppm TREO and 1,851 ppm MREO + Y, and 13 metres grading 3,255 ppm TREO and 1,332 ppm MREO + Y; at Marita, 2 metres grading 1,368 ppm TREO and 534 ppm MREO + Y were reported. The company is currently evaluating follow-up exploration programs to test the continuity of mineralisation between the Cordis, Marita, and Linda targets, as well as the depth extent of the weathered profile at TUV-AUG-0043 and across the Linda area. The company projects that future programs may include additional auger drilling to characterise the lateral extent of the Linda target and deeper diamond or RC drilling to evaluate the vertical extent of the weathered profile and potential for grade enhancement below the current drill depth.

Canamera Announces Renewal of Marketing Program

(CSE:EMET) Canamera Energy Metals Corp. has renewed its agreement with Euro Digital Media Ltd. for marketing services for up to an additional 60-90 days, or until budget exhaustion, with a fee of USD $500,000 to be paid to Euro Digital for the Services. The term of the marketing services may be extended or shortened at the discretion of management. The Company will not issue any securities to Euro Digital as compensation for the Services. As of the date hereof, to the Company's knowledge, Euro Digital (including its principal) does not own any securities of the Company and has an arm's length relationship with the Company. Canamera Energy Metals Corp. is a critical and rare earth metals exploration company focused on building a diversified portfolio of district-scale projects across the Americas, including projects in Ontario, British Columbia, Colorado, Wyoming, and Brazil. The company targets underexplored regions with strong geological signatures and supportive jurisdictions, leveraging geochemical, geophysical, and geological datasets to generate and advance high-conviction, first-mover exploration opportunities. The company projects the expected commencement date and term of the extended Services contracted for by the Company.

Canamera Commences Exploration at Sao Sepe Project in Brazil with Three High-Priority Rare Earth Targets Identified

Canamera Energy Metals Corp. (CSE: EMET, OTCQB: EMETF) provided an update on its São Sepé rare earth element project in Rio Grande do Sul, Brazil. The company holds an option to acquire up to a 100% interest in the project and has identified three primary target areas for follow-up exploration based on 46 shallow soil samples. Analytical results showed promising Total Rare Earth Oxides (TREO) and Magnetic Rare Earth Oxides (MREO) values, including anomalous concentrations of dysprosium and terbium. An approximately 500 meter auger drill program began on May 1, with an estimated duration of 4-6 weeks, to test for grade and continuity of mineralization. The project benefits from excellent infrastructure and is part of Canamera's broader strategy to advance rare earth supply chain independence in Brazil and North America.

Canamera Deploys ExploreTech's Stanford-Born AI Drill Planning Platform at Schryburt Lake Ahead of Maiden Drill Program

Canamera Energy Metals Corp. (CSE:EMET, OTCQB:EMETF) has engaged ExploreTech, a Stanford University-originated exploration technology company, to conduct an independent geophysical review and drill optimization at the Schryburt Lake REE-Niobium Project in northwestern Ontario, Canada. ExploreTech will deploy its proprietary ExploreTech Engine to refine target areas and optimize a recommended 1,500-metre, nine-hole helicopter-supported diamond drilling program. Phase 1 deliverables are expected to be completed by May 31, 2026, enabling Canamera to mobilize quickly upon receipt of the Ontario Exploration Permit. The Schryburt Lake Project comprises 252 unpatented single-cell mining claims covering 4,947 hectares and is subject to a 1.0% net smelter return royalty. Canamera has the right to earn up to a 90% interest in the Project through a joint venture option agreement with Bindi Metals Limited and Dixon Metals.

Canamera Energy Metals Files Independent Technical Report on Schryburt Lake Recommending a C$1.5 Million Phase 1 Program Targeting REE-Niobium Mineralization at Five Priority Targets

Canamera Energy Metals Corp. announced the filing of an independent NI 43-101 technical report for the Schryburt Lake rare earth element and niobium project in northwestern Ontario. The report recommends a robust Phase 1 exploration program, including a 1,500-metre, nine-hole diamond drilling program at the Schryburt Lake Carbonatite Complex, with a budget of C$1,403,575. The project comprises 252 unpatented single-cell mining claims covering 4,947 hectares and is subject to a 1.0% net smelter return royalty. Canamera has the right to earn up to a 90% interest in the project under a joint venture option agreement with Bindi Metals Limited. The company is actively engaged with local First Nations and is awaiting the Ontario Exploration Permit to commence drilling.

Canamera Accelerates Turvolândia REE Program, Expanding Drill Program by 20% Following Hole TUV-AUG-014 Returning 3,255 ppm TREO over 13 Metres from Surface

Canamera Energy Metals Corp. announced an update on its ongoing auger drilling program at its Turvolândia rare earth project in Minas Gerais, Brazil. The Company has completed 83 auger drill holes. The project is located approximately 200 kilometres northeast of São Paulo. This update provides investors with information on the progress of the drilling program and the project's location.