Mr. Frank Basa reports

CONIAGAS ANNOUNCES AMENDED AND RESTATED LIFE OFFERING DOCUMENT

Coniagas Battery Metals Inc. has revised the terms of its previously announced private placement of up to 17,197,773 units of the company to reflect a price of 6.5 cents per unit for aggregate gross proceeds of up to $1,117,855.25. Each unit will consist of one common share in the capital of the company and one common share purchase warrant. Commencing on the 62nd day after issuance, each warrant will entitle the holder thereof to acquire an additional common share at a price of 8.5 cents per share for a period of five years from the date of issuance.

The units will be offered to purchasers in all provinces and the territories of Canada pursuant to the listed issuer financing exemption available under Part 5A of National Instrument 45-106 (Prospectus Exemptions) as amended by Coordinated Blanket Order 45-935 (Exemptions from Certain Conditions of the Listed Issuer Financing Exemption). The units will not be subject to resale restrictions in Canada pursuant to applicable Canadian securities laws.

The gross proceeds of the offering will be used by the company to finance the advancement of its Graal property and for general corporate and working capital purposes.

The offering is scheduled to close on or about Dec. 19, 2025, or such other date as the company may determine and subject to the approval of the TSX Venture Exchange.

In connection with the offering, the company has entered into a finder's fee agreement with Research Capital Corp., pursuant to which the company has agreed to pay the finder a cash commission equal to 8.0 per cent of the gross proceeds raised under the offering and to issue to the finder such number of non-transferable common share purchase warrants as equals 8.0 per cent of the number of units sold under the offering. Commencing on the 62nd day after issuance, each finder's warrant entitles the holder thereof to purchase one common share at a price of 6.5 cents per share for a period of five years following the date of issuance.

There is an amended and restated offering document related to the offering that can be accessed under the company's profile on SEDAR+ and on the company's website. Prospective investors should read this amended and restated offering document before making an investment decision.

About Coniagas Battery Metals Inc.

Coniagas is a Canadian junior mining company focused on nickel, copper, cobalt and platinum group metals in Quebec. Coniagas's strategy is to create value for shareholders through the development of its mineral properties, with the intention to develop Coniagas into a critical metal supplier to the electric vehicle market.

At its 100-per-cent-owned Graal project near Saguenay, Que., Coniagas has conducted successful exploration involving geophysics, as well as shallow drilling that hit mineralization in almost every hole. It has confirmed an open-pit deposit model at Graal along a six-kilometre strike length of high-grade nickel and copper with cobalt, platinum and palladium byproducts. The company plans in the near term to conduct additional drilling leading to the production of a National Instrument 43-101 resource report, metallurgical testing and consultations with first nations. The Graal project and the immediate work plan are outlined in detail in the "NI 43-101 Technical Report Graal Nickel & Copper Project, Saguenay-Lac-Saint-Jean, Quebec, Canada," dated Jan. 17, 2024. The report is available along with other information at the company's website.

We seek Safe Harbor.