Mr. Peter Born reports

BEDFORD METALS ANNOUNCES CLOSING OF PRIVATE PLACEMENT

Bedford Metals Corp. has closed a non-brokered private placement and has issued five million common shares at a price of 20 cents per share for gross proceeds of $1-million. Each share was issued as a flow-through share within the meaning of the Income Tax Act (Canada).

The company anticipates the proceeds of the offering will be directed toward the continued exploration and development of its Ubiquity Lake and Sheppard Lake uranium projects.

In consideration for introducing the investors to the offering, the company has issued 500,000 shares at a deemed price of 20 cents per share to an arm's-length party. All securities issued in connection with the offering are subject to restrictions on resale until Aug. 14, 2026, in accordance with applicable securities laws.

We seek Safe Harbor.