Mr. Joel Ferari reports

BRASNOVA CEO AND TECHNICAL TEAM CONDUCT SITE VISIT TO THE CAPELA GOLD PROJECT IN BAHIA, BRAZIL

This week, Joel Rovaris Ferari (chief executive officer) and Brasnova Energy Materials Inc. geologists Marcelo Henrique de Jesus and Carlos Henrique Lourenco Bastos, the designated qualified person (QP), conducted a technical site visit to the Capela gold project in Pintadas, Bahia, Brazil.

The visit was carried out to review the progress of continuing exploration activities and to evaluate the results obtained to date from the Capela gold project (see news release dated July 14, 2026), which continues to confirm and expand the presence of gold mineralization within the project area. Based on this week's assessment, priorities have been established for the next stages of exploration, focused on advancing the geological understanding of the project and progressing the mineral exploration across the target areas.

The mineralized trend defined by the completed rock chip sampling remains open to the north and south along strike and laterally to the east and west, as the boundaries of the gold-bearing system have not yet been delineated. The visit included a review of a newly discovered occurrence of oxidized quartz veins with boxwork located 700 metres west of the original Capela target. Samples from this new vein system will be sent for chemical analysis to confirm gold mineralization.

During the visit, the technical team inspected the principal points of interest, discussed new sampling strategies and established priorities for the upcoming work programs.

CEO commentary

Chief executive officer Joel Rovaris Ferari commented: "The observations made during this visit reinforce the strong potential of the Capela gold project and we were visually exposed to the technical team's exploration work and significant advancement of the project. We are early in the process, but we are collectively of high confidence that the continuance of this work will add significant value to the project."

About the Capela gold project

The Capela gold project is an early stage gold exploration asset associated with a dome-shaped intrusive granodioritic system, structurally controlled by northwest-southeast and northeast-southwest corridors. Previous geological mapping identified hydrothermal alteration, sulphide-bearing outcrops, gossan zones and quartz-sulphide veinlets, features commonly associated with intrusion-related gold systems. The project is currently undergoing technical advancement under the NI 43-101 framework, with continuing activities supervised as part of the company's exploration and validation strategy.

Qualified person

Mr. Bastos is a senior geologist, MSc, and an independent qualified person registered with the Brazilian Commission for Resources and Reserves (CBRR). He is a fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM) and a member of the Society for Mining, Metallurgy & Exploration (SME).

About Brasnova Energy Materials Inc.

Brasnova Energy Materials is focused on securing, developing and monetizing Brazilian critical materials assets and related materials technologies, to build shareholder value.

We seek Safe Harbor.