Mr. John Borshoff reports

FORSYS METALS ANNOUNCES EFFECTIVE DATE TO TRADE AS ASARIAN ENERGY LIMITED

The Toronto Stock Exchange (TSX) has accepted notice of the change of name of Forsys Metals Corp. to Asarian Energy Ltd. and the company's common shares will begin trading under its new name effective at the opening of trading on Aug. 12, 2026, under its new ticker symbol ARN.

All historical market data, company filings and order books will automatically roll over to ARN seamlessly as of the market open on Wednesday.

Forsys's shareholders approved the name change at the annual and special meeting held July 31, 2026. Articles of amendment effecting the name change were certified by the Ministry of Government Services effective Aug. 6, 2026. The name change reflects recent strategic changes to its board and executive leadership team, positioning the company to capitalize on strong global momentum supporting nuclear energy.

John Borshoff, director, president and chief executive officer, commented: "Today marks far more than a change of name and ticker symbol on the TSX. It marks the dawn of a completely revitalized era for our organization. By transitioning from Forsys Metals Corp. to Asarian Energy Ltd., we are deliberately embracing an identity rooted in strength through rebirth. Like the legendary symbols of renewal from which our new name is drawn, we have systematically rebuilt our foundation. We have infused our leadership with proven sector expertise, tightened our strategic focus and positioned ourselves to meet the expected unprecedented global demand for clean energy."

About Asarian Energy Ltd. (formerly Forsys Metals Corp.)

Asarian Energy is now operating under a new leadership and management structure advancing a value creation strategy centered on asset optimization, expanding the company's project portfolio and building a proven team capable of converting vision into reality.

The objective is for Asarian Energy to become a globally significant uranium producer focusing both on advancing its wholly owned Norasa project, located in the politically and uranium friendly jurisdiction of Namibia, Africa, and expanding the company's project footprint to attain a multijurisdiction status through merger and acquisition effort, alliance development, and joint ventures.

We seek Safe Harbor.