Mr. Brian Savage reports

ELECTRIC METALS (USA) LIMITED ANNOUNCES GRANT OF DEFERRED SHARE UNITS

Electric Metals (USA) Ltd. granted an aggregate of 310,845 deferred share units (DSUs) to non-executive members of its board of directors on Sept. 30, 2025.

The DSUs were granted under the company's omnibus equity incentive plan, which shareholders approved on Sept. 4, 2025. They were granted to the company's non-executive directors in respect of directors' fees relating to the calendar quarter ended Sept. 30, 2025.

About Electric Metals (USA) Ltd.

Electric Metals (USA) is a United States-based critical minerals company advancing manganese and silver projects that support the clean energy transition. The company's principal asset is the North Star manganese project in Minnesota, the highest-grade manganese deposit in North America. The project has been the subject of extensive technical work, including a preliminary economic assessment prepared in accordance with National Instrument 43-101, Standards of Disclosure for Mineral Projects.

Electric Metals' mission is to establish a fully domestic U.S. supply of high-purity manganese chemical and metal products for the North American electric vehicle battery, technology and industrial markets. With manganese playing an increasingly important role in lithium-ion battery formulations, and with no current domestic production in North America, the development of the North Star manganese project represents a strategic opportunity for the United States, the state of Minnesota and the company's shareholders.

We seek Safe Harbor.