Mr. Jonathan Buick reports

CHAMPION ELECTRIC ANNOUNCES RETURN OF JONATHAN BUICK AS PRESIDENT AND CEO

Champion Electric Metals Inc.'s Jonathan Buick is resuming his previous position as president and chief executive officer of the company.

In August, 2025, Jonathan stepped down from his positions for health reasons, and the company's board of directors appointed Nicholas Konkin as interim president and CEO to strengthen the company's foundation and ensure it was properly structured to capitalize on the coming metals market. Under his leadership, the company has completed that work and now stands on solid financial footing, well positioned for its next phase of growth.

Having made a full recovery, Mr. Buick returns to lead the company into that next phase. The board and management extend their sincere gratitude to Mr. Konkin for his leadership and stewardship during this transitional period.

"I am grateful to be back and thankful for the support of our board, our team and our shareholders throughout my absence," said Mr. Buick. "I want to personally thank Nicholas Konkin for his steady leadership in strengthening the company's foundation during my absence. I would also like to welcome Hatem Kawar to the team and extend my gratitude to Donna McLean for her dedicated service."

Additionally, the company is pleased to announce the appointment of Hatem Kawar, PEng, MBA, as chief financial officer. Mr. Kawar has served as a controller and/or CFO for several public mining companies in Canada for the past 20 years and acted as a project manager for an industrial minerals operation in Saudi Arabia.

The appointment of Mr. Kawar follows the retirement of Donna McLean, who is stepping down as CFO.

About Champion Electric Metals Inc.

Champion Electric is a discovery-focused exploration company with copper, gold and cobalt properties in Idaho. The assets include the 100-per-cent-owned Champagne polymetallic project in Butte county near Arco, Idaho, and the Baner gold project in Idaho county (optioned to Legacy Gold Mines Ltd). The company also retains significant claims in the Idaho cobalt belt.

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