Mr. Scott Sheldon reports

FLOW METALS ANNOUNCES CLOSING OF SHARES FOR DEBT

Flow Metals Corp., further to its news release dated Jan. 23, 2026, has closed a debt settlement transaction with certain insiders of the company pursuant to which the company settled $78,000 of indebtedness by issuing 1.2 million common shares of the company at a deemed price of 6.5 cents per common share.

In accordance with applicable securities laws, the securities issued pursuant to the debt settlement are subject to a four-month-and-one-day hold period expiring on May 31, 2026.

Insider participation

Two insiders of the company participated in the debt settlement and were issued an aggregate of 1.2 million common shares. Such participation constitutes a related party transaction within the meaning of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The company has relied on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 set out in sections 5.5(a) and 5.7(1)(a) of MI 61-101, on the basis that neither the fair market value of the securities issued to, nor the consideration paid by, the related party exceeded 25 per cent of the company's market capitalization, as determined in accordance with MI 61-101.

About Flow Metals Corp.

Flow Metals is a Canadian mineral exploration company focused on grassroots copper and gold discovery in mining-friendly jurisdictions. New Brenda is a copper-silver-molybdenum porphyry project in British Columbia's Quesnel terrane and Sixtymile is a Yukon gold project in the historic Sixtymile gold district.

We seek Safe Harbor.