Mr. John Gilbert reports

EXCALIBUR METALS COMMENCES TRADING ON THE OTCQB VENTURE MARKET

Excalibur Metals Corp. has been approved to trade on the OTCQB Venture Market beginning May 22, 2026, under the symbol, EXCBF. Investors can find real-time quotes and market information for the company on the exchange's website. The common shares will continue to be listed, trading on the TSX Venture Exchange under the symbol EXCL.

"Excalibur is excited to commenced trading on the OTCQB exchange as this will enhance our visibility and increase trading liquidity in the United States," said John Gilbert, chief executive officer of Excalibur. "As a company focused on developing mineral projects in the United States, the OTCQB provides a venue for U.S. investors to trade the company's shares. We look forward to strengthening our relationships with U.S. investors and highlighting the company's growth opportunities."

The OTCQB, operated by the OTC Markets Group in New York, is the premier marketplace for early stage and developing U.S. and international companies. It is recognized by the United States Securities and Exchange Commission as an established market, providing public information for analysis and valuation of securities.

About Excalibur Metals Corp.

Excalibur Metals is a junior exploration company focused on the discovery of gold and silver deposits in the world-class mining jurisdictions of the Western United States.

We seek Safe Harbor.