Mr. Lawrence Page reports

EQUITY METALS PROVIDES CORPORATE UPDATE

The following incumbent directors were re-elected at Equity Metals Corp.'s annual general meeting held on Jan. 28, 2026: Joseph A. Kizis Jr., Lawrence Page, K.C., Killian Ruby, Courtney Shearer and John Kerr. In addition, the shareholders reappointed Davidson & Company LLP, chartered accountants, as auditor of Equity Metals and approved the company's rolling incentive stock option plan pursuant to which a maximum of 10 per cent of the issued shares will be reserved for issuance under the plan. The plan is subject to TSX Venture Exchange acceptance.

The following officers were reappointed subsequent to the annual general meeting: Mr. Kizis as president, Mr. Page as chairman, Robert Macdonald as vice-president, exploration, Jay Oness as vice-president, corporate development, Mr. Ruby as chief financial officer and Arie Page as corporate secretary.

Equity Metals has granted incentive stock options to directors, officers and consultants to purchase nine million common shares of the company at an exercise price of 45 cents per share, exercisable for a period of five years. The stock options are subject to the terms and conditions of Equity Metals' stock option plan and the policies of the TSX Venture Exchange.

About Equity Metals Corp.

Equity Metals is a member of the Malaspina-Manex group. The company owns a 100-per-cent interest, with no underlying royalty, in the Silver Queen project, located along the Skeena Arch in the Omineca mining division, British Columbia. The property hosts high-grade, precious and base metal veins related to a buried porphyry system, which has been only partially delineated. The company also has a controlling joint venture interest (57.49 per cent) in the Monument diamond project, Northwest Territories, strategically located in the Lac De Gras district within 40 kilometres of both the Ekati and Diavik diamond mines. As well, the company has an option to acquire a 100-per-cent interest in the Arlington property, located within the Boundary district of south-central British Columbia, where 2025 exploration work consisted of geophysics and diamond drilling designed to identify and delineate an apparent gold system.

We seek Safe Harbor.