Mr. David Watkinson reports

EMERGENT METALS CORP. ANNOUNCES PRIVATE PLACEMENT

Emergent Metals Corp. intends to complete a non-brokered private placement of up to 10 million units at a price of five cents per unit for gross proceeds of up to $500,000. Each unit will consist of one common share in the capital of the company and one whole transferable common share purchase warrant. Each whole warrant will be exercisable to acquire one share at an exercise price of 10 cents per share for a period of 24 months from the date of issuance.

Certain insiders of the company may acquire units in the offering. Any participation by insiders in the private placement would constitute a related party transaction as defined under Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions. However, the company expects such participation would be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as the fair market value of the units subscribed for by the insiders, nor the consideration for the units paid by such insiders, would exceed 25 per cent of the company's market capitalization.

Emergent intends to use the net proceeds of the offering for general working capital purposes. The company may pay finders' fees on a portion of the offering, subject to compliance with the policies of the TSX Venture Exchange and applicable securities legislation. 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.

In addition, Emergent announces the resignation of Joseph Mullin as a director of the company, effective Nov. 19, 2025. Mr. Mullin was scheduled for election as a director at Emergent's annual general meeting, scheduled for Dec. 11, 2025. He will no longer be eligible for appointment at that meeting.

About Emergent Metals Corp.

Emergent is a gold and base metal exploration company focused on Nevada and Quebec. The company's strategy is to look for quality acquisitions, add value to these assets through exploration, and monetize them through sales, joint ventures, options, royalties and other transactions to create value for the company's shareholders -- an acquisition and divestiture (A&D) business model.

In Nevada, Emergent's Golden Arrow property is an advanced-stage gold and silver property with a well-defined measured and indicated resource and a plan of operations and environmental assessment in place to conduct a major drilling program. New York Canyon is an advanced-stage copper skarn and porphyry exploration property. The West Santa Fe property is a gold, silver and base metal property, subject to a lease with an option to purchase agreement with Lahontan Gold Corp. Buckskin Rawhide East is a gold and silver property leased to Rawhide Mining LLC, operators of Rawhide mine.

In Quebec, the Casa South property is a gold exploration property located south of and adjacent to Hecla Mining Company's (New York Stock Exchange: HL) operating Casa Berardi mine and north of and adjacent to Iamgold Corp.'s (NYSE: IAG) Gemini Turgeon property. The Trecesson property is a gold exploration property located about 50 kilometres north of the Val d'Or mining camp. Emergent has a 1-per-cent NSR (net smelter return) in the Troilus North property, part of the Troilus gold project, being explored by Troilus Gold Corp. Emergent has a 1-per-cent NSR in the East-West property, part of Agnico Eagle Mines Ltd.'s Canadian Malartic complex (NYSE: AEM). Emergent also has a 1-per-cent NSR on the York property, part of Lahontan Gold's Santa Fe project.

Qualified person

All scientific and technical information disclosed in this new release was reviewed and approved by David Watkinson, PEng, an employee of Emergent and a non-independent qualified person under National Instrument 43-101.

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