File: '\\swfile\EmailIn\20250905 134613 Attachment EVX -Announce Termination of RS LOI.docx'

EUROPEAN ELECTRIC METALS TERMINATES AGREEMENT TO ACQUIRE EXPLORATION LICENSES IN EUROPE

Vancouver, British Columbia - September 5, 2025. European Electric Metals Inc. (TSXV: EVX) (the "Company") announces that, further to its news release dated March 15, 2023, it has terminated its binding letter of intent dated February 28, 2023 (the "LOI") with 1340371 B.C. Ltd. (the "Target").

The Company plans to evaluate and review alternative properties for acquisition.

Additional Information

Jonathan Richards

Chief Financial Officer

European Electric Metals Inc.

Phone: (604) 802-4447

Email: info@europeanelectricmetals.com

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The Company cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by many material factors, many of which are beyond their respective control. Such factors include, among other things: risks and uncertainties relating to the Company's limited operating history. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company does not undertake to publicly update or revise forward looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.