Mr. David Watkinson reports

EMERGENT METALS CORP. CONVERTS LEASE TO OWNERSHIP OF 185 MINERAL CLAIMS AT GOLDEN ARROW, NV

Emergent Metals Corp.'s subsidiary, Golden Arrow Mining Corp. (GAMC), has entered into a lease termination agreement with Maverix Metals (Nevada) Inc. (Maverix NV), an indirect subsidiary of Triple Flag Precious Metals Corp. Pursuant to the Termination Agreement and certain ancillary documents, Maverix NV has effected the transfer of 185 unpatented mineral claims historically known as the Baughman claims (collectively, the conveyed property) to GAMC.

Maverix NV will retain a reserved royalty on both the conveyed property and 292 additional unpatented mineral claims in the area of influence (the AOI property, and, together with the conveyed property, the royalty property) designated in the original Baughman lease agreement and subsequent amendments, which reserved royalty consists of an advance minimum royalty (AMR) and a production net smelter return royalty (NSR royalty). The AMR is $25,000 (U.S.) per year, and the NSR royalty is 3 per cent once the royalty property reaches the production stage. GAMC has the ability to acquire 1 per cent of the NSR royalty, at any time, for $1-million (U.S.).

The result of the transactions described above is that the lease has been terminated, GAMC has obtained ownership of the conveyed property, and Maverix NV has retained a reserved royalty interest in the conveyed property and the AOI property.

In connection with the termination agreement and in order to satisfy all past due and unpaid AMR payments owing by GAMC to Maverix NV under the lease, Emergent and Maverix Metals Inc., the parent company of Maverix NV and a subsidiary of Triple Flag (Maverix Canada), have entered into a debt conversion agreement, pursuant to which Emergent has agreed to issue 1,767,565 common shares of the company to Maverix Canada at a deemed price of 11.625 cents per share, representing $150,000 (U.S.) in debt converted into Canadian dollars at an exchange rate of 73 U.S. cents per $1. The company is proposing to issue the foregoing shares to Maverix Canada, which will be subject to a standard hold period of four months and one day in accordance with applicable Canadian securities laws, in order to preserve its available cash.

Both the debt conversion and the conversion agreement are subject to the approval of the TSX Venture Exchange.

David Watkinson, Emergent's president and chief executive officer, stated: "This transaction allows Emergent to consolidate 100-per-cent ownership in the 494 unpatented and 17 patented claims that make up the Golden Arrow property, subject to underlying royalties. Triple Flag, as a royalty company, will retain a royalty interest in certain claims."

Emergent retains Plutus Invest & Consulting GmbH

Emergent also announces that it has entered into an investor relations and digital marketing services agreement dated March 9, 2026, with Plutus Invest & Consulting, a German limited liability corporation with its principal address at Buchtstrasse 13, 28195, Bremen, Germany.

Plutus has been retained to provide European-focused investor awareness and digital marketing services, including consultation regarding investor positioning in European capital markets (with a focus on the German-speaking investment community), preparation and distribution of company-approved advertorial content and sponsored articles, digital media buying and placement on European financial media platforms and investor portals, banner and display advertising, and related campaign analytics and reporting, all subject to the company's oversight and prior written approval.

In connection with certain European media platforms, campaign-related publications may be carried out under the imprint of Orange Unicorn Ltd. of 132-134 Great Ancoats St., Manchester, M4 6DE, United Kingdom, which may act as a technical publisher of record. Orange Unicorn will act solely as a technical publisher of record and will not provide investor relations, promotional strategy, market-making or trading services to the company. Orange Unicorn will also not receive compensation from the company.

The agreement will commence upon acceptance by the exchange and will continue for a period of 12 months from the date of such acceptance, unless terminated earlier in accordance with its terms.

In consideration for the services of Plutus, the company has authorized a maximum aggregate budget of up to 250,000 euros over the 12-month term of the agreement, consisting of: (i) fees payable to Plutus for strategic, advisory and campaign management services; and (ii) third party media, advertising and related vendor costs incurred in connection with approved campaigns. No compensation is payable until the agreement has been accepted by the exchange. Compensation is not contingent upon trading volume, share price or other market performance metrics, and no securities of the company will be issued to Plutus as compensation under the agreement.

Plutus and its principal, Marco Messina, are at arm's length to the company and, to the knowledge of the company, neither Plutus nor its principal nor Orange Unicorn owns any securities of the company or has any right to acquire securities of the company. The agreement and the engagement of Plutus are subject to acceptance by the exchange in accordance with TSX-V Policy 3.4, Investor Relations, Promotional and Market-Making Activities, and applicable securities laws.

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 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. As announced by press release on Sept. 29, 2025, Emergent is in the process of selling Golden Arrow to Fairchild Gold Corp. 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, operator of the Rawhide mine.

In Quebec, the Casa South property is a gold exploration property located south of and adjacent to Hecla Mining Company's operating Casa Berardi mine and north of and adjacent to Iamgold Corp.'s 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 royalty in the Troilus North property, part of the Troilus gold project, being advanced by Troilus Mining Corp. toward production. The company has a 1-per-cent NSR royalty in the East-West property, part of Agnico Eagle Mines Ltd.'s Canadian Malartic complex. Emergent also has a 1-per-cent NSR royalty on the York property, part of Lahontan Gold's Santa Fe project in Nevada, which is also being advanced toward production.

Note that the location of Emergent's properties adjacent to producing or past-producing mines or advanced-stage properties does not guarantee exploration success at Emergent's properties or that mineral resources or reserves will be delineated.

We seek Safe Harbor.