Mr. Paul Wood reports

BTU ANNOUNCES FINANCING

BTU Metals Corp. has arranged a non-brokered private placement financing to raise aggregate gross proceeds of up to $630,000 by way of issuing up to 10.5 million units at a price of six cents per unit. Proceeds raised from the offering will be used for work programs at its portfolio of Ontario projects, as well as for general working capital.

Each unit shall comprise one common share of the company and one-half of one common share purchase warrant. Each whole warrant shall entitle the holder thereof to acquire one common share of BTU at a price of 10 cents for a period of 12 months following the closing of the offering.

Finders' fees will be payable on the private placement.

Closing of the offering is subject to approval of the TSX Venture Exchange.

The securities issued under the offering and any shares that may be issuable on exercise of any such securities will be subject to a statutory hold period expiring four months and one day from the date of issuance of such securities.

With this financing, the $885,000 flow-through raised late last year and funds still on hand, BTU is fully financed well into 2027. Work is continuing on three of the four major properties in BTU's portfolio (see news release dated Feb. 12, 2026).

Paul Wood, chief executive officer of BTU Metals, stated: "We laid out our 2026 plans at the outset of this year and we are on track. With drills to be turning on three of our properties over the course of this year, we have multiple potential catalysts to create increased shareholder value."

Bruce Durham, PGeo, vice-president of exploration of the company, is a qualified person as defined by National Instrument 43-101, and has reviewed and approved the technical information in this news release.

About BTU Metals Corp.

BTU Metals is a junior mining exploration company. BTU's primary assets are the Dixie Halo project, located in Red Lake, Ont. (optioned to Kinross), immediately adjacent to the Kinross Great Bear project, and its gold and critical minerals properties in the active Wawa gold district. The company continues to look to acquire high-quality exploration projects to add to its portfolio for the benefit of its stakeholders. The company has no debt and minimal property obligations.

We seek Safe Harbor.