Mr. Sam Pazuki reports

AUMEGA METALS ANNOUNCES CAPITAL MARKET CHANGES

Effective Dec. 15, 2025, Aumega Metals Ltd.'s registry and transfer agent will change as follows.

With this change, shareholders can more efficiently manage their holdings in both Australia and Canada through Computershare's secure and highly accessible on-line investor portal investor centre. The investor centre provides an on-line interface to update and manage shareholder details and view balances and transaction history.

Appointment of capital market provider

The company has a strong shareholder register that includes major gold producer B2Gold, which owns 10 per cent of the company's outstanding shares. Approximately 50 per cent of the company's shares are held by several major global institutions. The company believes the Aumega Metals business and location of assets would be appealing to high-net-worth and retail investors.

The company is also pleased to announce that it has retained the services of Renmark Financial Communications Inc. to help support the growth of the company's North American high-net-worth and retail investor activities.

In consideration of the services to be provided, the monthly fees incurred by Aumega will be a cash payment of up to $9,000 per month for a period of seven months commencing Dec. 1, 2025.

Renmark Financial Communications does not have any interest, directly or indirectly, in Aumega or its securities, or any right or intent to acquire such an interest.

About Aumega Metals Ltd.

Aumega is utilizing best-in-class exploration to explore on its district-scale land package that spans 110 kilometres along the Cape Ray shear zone, a significant underexplored geological feature recognized as Newfoundland, Canada's largest identified gold structure. This zone currently hosts Equinox Gold's Valentine gold project, a multimillion-ounce deposit, which is the region's largest gold project, along with Aumega's expanding mineral resource.

The company is supported by a diverse shareholder registry of prominent global institutional investors and strategic investment from B2Gold Corp, a significant, intermediate gold producer.

Additionally, Aumega holds a 27-kilometre stretch of the highly prospective Hermitage flexure and has also secured an option agreement for the Blue Cove copper project in southeastern Newfoundland, which exhibits strong potential for copper and other base metals.

Aumega's Cape Ray shear zone hosts several dozen high-potential targets along with its existing defined gold mineral resource of 6.2 million tonnes grading an average of 2.25 grams per tonne, totalling 450,000 ounces of indicated resources and 3.4 million tonnes grading an average of 1.44 g/t, totalling 160,000 ounces in inferred resources.

Aumega acknowledges the financial support of the junior exploration assistance program, Department of Industry, Energy and Technology, provincial government of Newfoundland and Labrador, Canada.