Mr. Allan Frame reports

BEYOND MINERALS COMPLETES FINAL OPTION PAYMENTS TO ACQUIRE 100% INTEREST IN EAR FALLS PROJECT AND FILES AMENDED OFFERING DOCUMENT FOR LIFE OFFERING

Beyond Minerals Inc. (formerly Beyond Lithium Inc.) has made the final payments under its mineral property option agreement with Bounty Gold Corp., dated March 30, 2023, as amended, to acquire a 100-per-cent undivided interest in the Ear Falls spodumene-bearing pegmatite exploration project, located near the town of Ear Falls, in the province of Ontario. The final payments made to the optionor under the option agreement consisted of 78,800 common shares of the company and $29,500 in cash.

The final payments earn the company a 100-per-cent interest in the Ear Falls project, subject to a 2.0-per-cent net smelter return (NSR) royalty, one-half of which may be repurchased by the company for $1.2-million to reduce such royalty to a 1.0-per-cent net smelter return royalty. In addition, the company shall pay the optionor a $1-million milestone payment, payable in cash or shares at the option of the company, for each initial mineral resource estimate filed by the company in respect of a deposit comprising part of the Ear Falls project that discloses a deposit or orebody exceeding five million metric tonnes with an average grade equal to 1.0 per cent Li2O or greater.

Amended offering document

In connection with the final payments and the company's acquisition of a 100-per-cent interest in the Ear Falls project, the company has filed an amended offering document in respect of the non-brokered private placement of up to 12 million units of the company at a price of five cents per unit for aggregate gross proceeds of up to $600,000 announced on Feb. 26, 2026. Each unit will consist of one common share of the company and one-half of one common share purchase warrant, with each whole warrant entitling the holder thereof to purchase one Share at an exercise price of 10 cents for 24 months following the date of issuance, subject to customary adjustment provisions. The amended offering document with the updated disclosure respecting the final payments and the Ear Falls project can be accessed under the company's profile on SEDAR+ and on the company's website. Prospective investors should read the amended offering document before making an investment decision.

The units to be issued under the amended offering will be offered to purchasers pursuant to the listed issuer financing exemption (LIFE) under Part 5A.2 of National Instrument 45-106, Prospectus Exemptions, in all provinces of Canada, except Quebec. The units offered under the LIFE will not be subject to resale restrictions pursuant to applicable Canadian securities laws.

The company plans to use the net proceeds from the amended offering for general working capital purposes, mineral property exploration activities and expenditures, marketing and advertising, and as otherwise described in the amended offering document. The amended offering is scheduled to close on or about April 30, 2026, and is subject to certain conditions customary for transactions of this nature, including, but not limited to, the listing of the shares issued and issuable under the amended offering on the Canadian Securities Exchange. Closing of the initial tranche of the amended offering is subject to the condition that the company raise a minimum of $200,000.

The company may pay finders' fees in connection with the offering in cash, shares, warrants or a combination thereof.

RSU (restricted share unit) grant

The company further announces a grant of 66,667 restricted share units of the company to a consultant of the company pursuant to the terms and conditions of a consulting agreement dated Feb. 1, 2025, and the company's omnibus equity incentive plan. Sixteen thousand six hundred sixty-six of the RSUs vested immediately upon grant and 16,667 RSUs will vest each three months thereafter with the last tranche vesting on Dec. 27, 2026. Subject to the terms and conditions of the omnibus plan and the policies of the Canadian Securities Exchange, upon vesting, each RSU shall entitle the consultant to receive one common share of the company.

The securities issued pursuant to the RSU grant (and any common shares issuable upon exercise or settlement thereof) will be subject to a four-month hold period from their date of issuance. The offered securities have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.

2026 exploration program update

Lawrence Tsang, vice-president of exploration of Beyond, commented: "Our technical and management teams held a productive discussion last week to finalize a comprehensive 2026 exploration plan for all three projects. Field crews for the upcoming season have already been secured and we anticipate launching the 2026 field program by the end of April. We look forward to advancing each project through disciplined and systematic geological approaches."

Owl Creek porphyry project -- British Columbia

2026 exploration plan:

• Systematic geological mapping and geochemical sampling to refine mineralization patterns and alteration zonation:
  • Rock sampling to include assays for copper, molybdenum and gold;
• Expansion of the project area to incorporate a newly recognized area identified from a 1974 historical map documenting a number of outcrops with molybdenum, chalcopyrite and pyrite mineralization;
• Locating the historical drill hole collars and legacy drill core storage to support data validation and potential relogging or resampling.

Background and highlights

The 3,522-hectare (ha) Owl Creek porphyry project lies seven kilometres (km) north of Pemberton within the Cascade magmatic arc, a belt known for Miocene-aged intrusions associated with porphyry Cu-Mo-Au (copper-molybdenum-gold) systems.

Encompassing four known subzones plus the newly expanded target area, copper- and molybdenum-bearing zones have been mapped over a 10 km strike length. Historical mineralized grab samples collected in 2012 from zones A, B and C returned 0.15 per cent to 1.99 per cent Cu, underscoring the strength of the mineralizing system (Goldsmith, 2012).

Ten diamond drill holes completed in 1974 by Pine Lake intersected broad mineralization, including 91.4 metres (m) averaging 0.40 per cent Cu and 0.029 per cent Mo in hole C-2; historical records indicate that not all core was sampled and gold was not assayed, leaving additional upside potential (Weick and Allen, 1986).

The 2026 program will focus on detailed mapping and targeted sampling across the 10 km trend to evaluate veining, mineral zonation and alteration patterns, with the objective of demonstrating that the known zones and the new target area form a unified, larger-scale porphyry system.

Ear Falls spodumene project -- Ontario

2026 exploration plan:

• A systematic, grid-based biogeochemical survey along the 13 km structural corridor to evaluate extensions of the Wenasaga North zone and identify new pegmatite targets:
  • Approximately 23 km of survey line planned.

Background and highlights

The 3,250 ha Ear Falls project is located 15 minutes north of Ear Falls, Ont. Spodumene-bearing pegmatites discovered in 2023 define the Wenasaga North zone, traced over 1.5 km on surface within a broader 13 km structural corridor associated with the Wenasaga batholith -- interpreted as the fertile peraluminous granite source for LCT-type pegmatites in the area.

Early sampling from the Wenasaga North zone returned strong lithium grades, including:

• Grab samples up to 4.54 per cent Li2O;
• Channel results such as: EF-C-03: 0.54 per cent Li2O over 9.52 m; and EF-C-01: 1.88 per cent Li2O over 1.00 m.

These results were reported in Beyond Lithium's Dec. 19, 2023, news release.

The 2024 biogeochemical survey proved highly effective, successfully outlining the Wenasaga North zone and delineating an additional target for follow-up. The 2026 program will expand this work to evaluate potential buried lithium-cesium mineralization along the 13 km structural corridor.

Rare One REEs (rare earth elements) project -- British Columbia

2026 exploration plan:

• Follow-up on historical soil geochemistry that has outlined a six km La-Nd-Ba (lanthanum-neodymium-barium) anomaly trending northwest-southeast (Gifford, 2006);
• Mapping and sampling around the Fenwick sill, an altered intrusion in the southeastern portion of the project, to assess its potential role as the source of REE enrichment;
• Heavy mineral concentrate sampling in the southern project area to identify new targets (Gifford, 2008).

Background and highlights

The 6,500 ha Rare One project is located near Invermere, B.C. Historical work (2005 to 2006) identified elevated La, Nd and Ba in soil geochemistry and heavy mineral concentrate samples, with abundant monazite grains indicating REE potential in the area. In addition, the soil sampling outlined a six km northwest-southeast anomaly subparallel to regional stratigraphy and coincident with the Fenwick sill.

The 2026 program will test whether the Fenwick sill exhibits geochemical signatures consistent with the historical anomalies and whether it represents a coherent geological source for REE enrichment across the property.

Qualified person and third party data

The scientific and technical information in this news release has been reviewed and approved by Lawrence Tsang, PGeo, vice-president of exploration of the company. Mr. Tsang is a qualified person as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects. The potential grades of exploration targets disclosed in this news release are conceptual in nature. There has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

About Beyond Minerals Inc.

Beyond Minerals is a critical minerals exploration company with the Ear Falls spodumene-bearing pegmatite exploration project in Ontario and two exploration projects in British Columbia exploring for rare earths and base metals. Beyond Minerals is advancing the projects with its exploration team. The company will continue to seek to stake, to acquire or to option other properties to expand the company's portfolio. Also, Beyond will seek for potential joint ventures partner on projects as it is a source of non-dilutive working capital through partner-financed exploration and long-term residual exposure to exploration success.

We seek Safe Harbor.