Tiago Cunha Announces Acquisition of Shares in South Star Battery Metals Corp.

(TSXV:STS) South Star Battery Metals Corp. announced that Tiago Sampaio Cunha, interim CEO, President and director of the Company, together with his affiliates (the Cunha Group), exercised an aggregate of 11,722,333 common share purchase warrants at an exercise price of $0.20 per Share for aggregate consideration of $2,344,466.60 on November 12, 2026. The warrants were exercised through the funds GROU SPO FUNDO DE INVESTIMENTO EM ACOES INVESTIMENTO NO EXTERIOR (SPO) and GROU PROVENCE FUNDO DE INVESTIMENTO EM ACOES INVESTIMENTO NO EXTERIOR (Provence), both directed and controlled by Mr. Cunha. Prior to the transaction, Mr. Cunha and the Cunha Group held 39,278,419 Shares and 21,111,933 common share purchase warrants, representing 27.68% of the issued and outstanding Shares on a non-diluted basis and 37.04% on a partially diluted basis. Following the transaction, Mr. Cunha’s direct and indirect holdings increased to 51,000,752 Shares and 9,389,600 common share purchase warrants, representing 33.19% of the issued and outstanding Shares on a non-diluted basis and 37.04% on a partially diluted basis. The transaction resulted in the acquisition of 11,722,333 Shares. Mr. Cunha may acquire additional securities or dispose of securities of the Company in the future depending on market conditions, reformulation of plans, other available investment business opportunities, and other relevant factors. The Company’s head office is located at Suite 1507 - 1030 West Georgia St., Vancouver, British Columbia, V6E 2Y3, Canada. The address of Mr. Cunha is c/o Suite 1507 - 1030 West Georgia St., Vancouver, British Columbia, V6E 2Y3, Canada. An Early Warning Report will be available under the Company’s profile at www.sedarplus.ca or may be obtained by contacting Judson Culter at jculter@invictusaccounting.com or 604-343-3889.

Statement re Reduction of Capital

(LSE:STS) STS Global Income & Growth Trust plc announced that the Court of Session has confirmed the cancellation of the sums standing to the credit of the Company's share premium account, referred to as the Reduction of Capital. The Court order confirming the Reduction of Capital, along with a statement of capital approved by the Court, will be sent to the Registrar of Companies shortly. The Reduction of Capital will become effective once the Court order and the associated statement of capital are registered by the Registrar of Companies. The stated purpose of the Reduction of Capital is to provide the Company with a significant pool of reserves. These reserves can be used in the future, if required, to fund share buy-backs or other returns of capital, in accordance with applicable law. Shareholders are informed that they do not need to take any further action regarding the Reduction of Capital. The announcement was made by Juniper Partners Limited, acting as Company Secretary. The Legal Entity Identifier (LEI) for the Company is 549300UZ1Y7PPQYJGE19. The Court of Session is identified as the confirming court for the Reduction of Capital. The Registrar of Companies is the authority responsible for registering the Court order and statement of capital. The Reduction of Capital is described as providing flexibility for future capital management. The process is subject to the registration of the Court order and statement of capital. The announcement was disseminated via RNS, the news service of the London Stock Exchange. The Financial Conduct Authority is noted as approving RNS as a Primary Information Provider in the United Kingdom.

South Star Achieves Graphite Purchase Order Milestone

(TSXV: STS) (OTCQB: STSBF) South Star Battery Metals Corp. announced that it has successfully completed the qualification process for graphite concentrate produced at the Santa Cruz mine and has received a purchase order for 36 tonnes of graphite concentrate from a significant graphite customer. Three shipments of graphite from the Santa Cruz mine were completed on June 1, July 14, and July 28, 2026, consisting of representative samples for laboratory analysis to confirm quality specifications. Both flake and fines samples were included in the testing program, and the first bulk shipment is scheduled to be dispatched this week. The buyer is interested in additional purchases of graphite from the Santa Cruz mine, and discussions with the buyer are ongoing. The purchase order covered totaled 36 tonnes of graphite, which is not material to the Company's financial position but marks an important milestone for the Project. The Santa Cruz graphite project is located in southern Bahia, Brazil, and Brazil is the second largest graphite producing region in the world with more than 80 years of continuous mining. The company anticipates potential opportunities to sell additional graphite production to this customer in the future.

South Star Announces Santa Cruz Operational Update; First Shipment of Graphite Shipped

(TSXV: STS) South Star Battery Metals Corp. announced May operational results at the Santa Cruz plant, highlighting the restart and ramp-up of the Santa Cruz mine. The first graphite concentrate shipment has been prepared, and the commissioning phase was completed during the first week of May. ROM feed increased from 1,337.5 tonnes in April 2026 to 3,798.5 tonnes in May 2026, with approximately 5,136 tonnes of ROM ore processed and about 25 tonnes of graphite concentrate produced since restarting the plant. The plant achieved graphite concentrate grades of up to 97% carbon during the first month of startup. The operational objective is to continue producing consistently saleable material while stabilizing the plant. The company targets a production capacity of 5,000 tonnes of graphite concentrate per year for years 1 to 3, as per its technical report filed with ANM. The Santa Cruz graphite project is located in southern Bahia, Brazil, and is anticipated to be the first of a series of industrial and battery metals projects to be put into production.

South Star Announces Corporate Updates: Santa Cruz Plant Progress and Corporate Planning

South Star Battery Metals Corp. (TSXV: STS, OTCQB: STSBF) reported that the first week of operations at the Santa Cruz plant delivered outstanding results, with no reported issues in the mechanical and electrical systems. The plant was successfully re-started approximately three months ahead of schedule after being idle for about six months. Operations are currently on a single-shift basis, with expectations to scale up to 5,000 tonnes per year of concentrate production as the workforce expands. The company is pursuing alternative financing to further plan and execute its growth strategies at the Santa Cruz plant. Brazil is highlighted as the third largest graphite producing region in the world with more than 80 years of continuous graphite mining.