Dr. Peter Born reports

BEDFORD METALS ANNOUNCES FORMATION OF COMMITTEE TO EXPLORE NEW OPPORTUNITIES

Bedford Metals Inc.'s board of directors has established a dedicated committee to assess a range of potential exploration opportunities currently under consideration by the company as additions to its existing portfolio. While no formal transactions have been agreed to at this time, the company is actively engaged in advanced discussions, anticipating the possibility of announcing further developments in the coming weeks.

Director Dr. Peter Born expressed his enthusiasm for the potential opportunities, stating: "We are genuinely excited about the various exploration prospects that Bedford is currently reviewing. As we progress in our evaluations, it became essential to inform the market, especially considering the increasing inquiries we have received from our stakeholders."

At present, the company has not finalized any transactions, and the completion of such remains uncertain. Any transaction remains subject to completion of appropriate due diligence, negotiation of acceptable terms and receipt of any required regulatory approvals. Bedford recognizes the importance of transparency and will keep shareholders informed as negotiations advance. The establishment of the committee signifies the company's commitment to thoroughly evaluating and capitalizing on opportunities that align with its strategic objectives. Bedford remains dedicated to delivering value to its shareholders and ensuring that any potential exploration ventures align with the company's vision for sustained growth and success.

About Bedford Metals Inc.

Bedford Metals is a mineral exploration company. The company creates value for its shareholders by identifying and developing highly prospective mineral exploration opportunities. The company's strategy is to advance its projects from discovery to production, allowing Bedford to achieve exceptional shareholder value through the entire life cycle of mining.

Margurete gold project

Bedford owns a 100-per-cent interest in the Margurete gold project. The primary target at the Margurete gold project is the FB zone, where Falconbridge encountered gold-bearing mineralization at shallow depths. An initial exploration program was completed on the Margurete property in 1986 by Falconbridge. This program consisted of geochemical surveys, ground-based geophysics and a diamond drilling program, which was successful in identifying gold-bearing veins, which are believed to be genetically related to the same mineralizing events responsible for the nearby Doratha Morton and Alexandria gold mines.

Dr. Peter Born, PGeo, the chief executive officer of the company, is the designated qualified person as defined by National Instrument 43-101 and is responsible for and has approved the technical information contained in this release.

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