File: '\\swfile\EmailIn\20251031 201132 Attachment Kiplin Metals Inc. - News Release - $0.25 Unit LIFE Offering.docx'

LEGAL*69918730.1

NEWS RELEASE

KIPLIN METALS ANNOUNCES FLOW-THROUGH OFFERING

October 31st, 2025 - Kiplin Metals Inc. (the "Company" or "Kiplin") (TSX-V: KIP, FWB: 17G1) announces that it will offer (the "Offering") up to 2,000,000 flow-through units (each, a "Unit") to purchasers resident in Canada, except Quebec, pursuant to the listed issuer financing exemption (the "LIFE Exemption") under Part 5A of National Instrument 45-106 - Prospectus Exemptions, for gross proceeds of up to $500,000. Each Unit will consist of one common share of the Company, issued as a flow-through share within the meaning of the Income Tax Act (Canada), and one share purchase warrant (each, a "Warrant"). Each Warrant will entitle the holder to purchase an additional common share of the Company at a price of $0.35 for a period of twenty-four months.

The Company anticipates the net proceeds raised from the Offering will be used for the continued exploration and development of the Company's wholly-owned Lloyd Lake Uranium Project, located on the southern lip of the Athabasca Basin in northern Saskatchewan.

There is an offering document related to the LIFE Offering that can be accessed under the Company's profile on SEDAR+ (www.sedarplus.ca) and on the Company's corporate website (www.kiplinmetals.com). Prospective investors should read this offering document before making an investment decision.

The Company may pay finders' fees to eligible parties who have assisted in introducing subscribers to the Offering. The securities offered under the LIFE Exemption will not be subject to a hold period in accordance with applicable Canadian securities laws. Completion of the Offering remains subject to the approval of the TSX Venture Exchange.

About Kiplin Metals Inc.

Kiplin Metals Inc. is a mineral exploration company. We create value for our shareholders by identifying and developing highly prospective mineral exploration opportunities. Our strategy is to advance our projects from discovery to production, allowing Kiplin to achieve exceptional shareholder value through the entire life-cycle of mining.

Lloyd Lake Uranium Project.

The Lloyd Lake Uranium Project spans 6,177 hectares and is situated 27 kilometers south of the southern boundary of the Athabasca Basin. The project has undergone extensive exploration programs, most notably in 2022, with investigations including sediment sampling, airborne magnetics, and ground IP surveys. The key exploration zone is an 8 kilometer corridor characterized by a magnetic low which aligns with a structural break, a locale where anomalous radioactivity has been detected. Access to the project is optimal, facilitated by a provincial highway and well-maintained roads and trails.

For further information, contact the Company at info@kiplinmetals.com or 613-715-2020 or visit the Company's website at www.kiplinmetals.com.

On behalf of the Board,

Kiplin Metals Inc.

"Peter Born"

Director

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

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.