Mr. Danny Matthews reports

EUREKA METALS ADDS TECHNICAL EXPERTISE WITH APPOINTMENT OF RYAN VERSLOOT P.GEO AS TECHNICAL ADVISOR

Eureka Metals Corp. has appointed Ryan Versloot, PGeo, as technical adviser to the company, further strengthening Eureka's technical capabilities as it advances its exploration portfolio in Quebec and British Columbia.

Mr. Versloot is an exploration geologist with over 20 years of experience spanning a number of jurisdictions and commodities, with a focus on grassroots and early-stage exploration projects. As an exploration manager with Axiom, he supports the design and execution of both desktop and field exploration programs to evaluate mineral projects across Canada and internationally, most recently with a focus on gold, titanium, copper, uranium and silver-lead-zinc projects. Mr. Versloot previously provided technical advisory support in connection with exploration activities at the Tyee project during 2023 and 2024, providing him with familiarity with the project area and regional geology. Mr. Versloot is registered as a professional geoscientist in British Columbia, Quebec and Nunavut, and studied geosciences at the University of Waterloo and the University of British Columbia, among others.

In his role as technical adviser to Eureka, Mr. Versloot will assist the company with geological evaluations, exploration planning, target generation, technical data review and the advancement of the company's exploration activities across its project portfolio.

"We are pleased to welcome Ryan as a technical adviser to Eureka Metals," stated Danny Matthews, chief executive officer of Eureka Metals. "Ryan brings extensive technical and operational exploration experience across multiple commodities that are directly relevant to the company's current focus areas, including titanium and polymetallic exploration. His background in grassroots exploration and project evaluation will be highly valuable as we continue advancing our projects in Quebec and British Columbia."

The engagement of Mr. Versloot comes as Eureka continues to advance its Tyee titanium project in Quebec and its optioned Cabin Lake polymetallic project in British Columbia.

Pursuant to the consulting arrangement, Mr. Versloot will provide continuing geological and technical advisory services to the company. The agreement remains subject to the approval of applicable regulatory authorities, including the Canadian Securities Exchange, where applicable.

The company also announces that it has engaged MCS Market Communication Services GmbH to conduct a digital marketing campaign over an initial six-month term.

The company entered into a service agreement dated May 11, 2026, with MCS, an independent digital marketing firm based in Ludenscheid, Germany, to support the company's investor awareness and outreach efforts. MCS is a third party marketing service provider with no prior relationship to the company.

Pursuant to the agreement, MCS will provide a comprehensive suite of digital marketing services for a six-month term commencing on or around May 20, 2026, including, among other things: the development and management of digital campaigns; the creation of text materials; detailed keyword research and campaign optimization; creation of customized landing pages and co-ordination with on-line marketers; and placements across various on-line channels to improve reach and visibility. MCS will execute these services through on-line platforms using demographic, geographic, keyword and interest-based targeting to reach relevant investor audiences.

The company has agreed to an initial budget of 250,000 euros (inclusive of advertising spend and an 18-per-cent agency fee) for the six-month term. MCS may receive additional compensation if the budget is increased during the term, subject to written agreement by both parties. MCS does not currently hold any securities of Eureka, and no securities-based compensation has been provided or is contemplated pursuant to the agreement.

About Eureka Metals Corp.

Eureka Metals is a Canadian exploration company focused on the acquisition and advancement of mineral projects in Canada. The company holds a 100-per-cent interest in the Tyee titanium project in Quebec, which is prospective for titanium-vanadium-scandium mineralization, and an option to acquire a 100-per-cent interest in the Cabin Lake polymetallic project in British Columbia, which is prospective for silver-lead-zinc-gold mineralization.

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