Mr. Dennis Fong reports

METATEK COMMENCES OPERATIONS ON LARGEST MULTI-YEAR CONTRACT IN COMPANY HISTORY

Airborne data acquisition operations have commenced in Nigeria under Metatek-Group Ltd.'s largest multiyear contract to date.

The contract comprises over 210,000 line kilometres of advanced eFTG multidisciplinary data acquisition, processing and interpretation services, and is expected to be executed in three phases over approximately two years. Airborne operations mark the beginning of the contract's execution phase and enable revenue recognition in accordance with the contract terms.

"We are pleased to commence our second multiyear contract in Nigeria, having successfully delivered our first program from 2022 to 2025. This new project is larger in scope, both operationally and technically, and builds on the value demonstrated by our previous data in supporting resource exploration," said Dr. Mark Davies, chief executive officer of Metatek.

"Throughout Q2, we have worked closely with our in-country partners to establish the operational framework for this significant program. With airborne operations now under way, we look forward to delivering this project in partnership with Broadlink and Nigeria's national energy industry."

Highlights:

• Airborne eFTG data acquisition operations are under way in Nigeria under the company's largest multiyear contract to date.
• Commencement of field operations marks the transition of the contract into its execution phase and the commencement of revenue recognition in accordance with the contract's terms.
• Approximately 210,000 line kilometres of data acquisition will be executed over three phases.
• The program is expected to span two years, with the second phase to be acquired in 2027.
• The contract builds on the successful completion of the company's previous Nigeria program and demonstrates the value of its eFTG data in supporting resource exploration.

About Metatek-Group Ltd.

Metatek is a global geophysical service company providing high-definition mapping of subsurface strategic and critical mineral natural resources, energy (including hydrocarbons), helium and hydrogen, for exploration and development. Unlike traditional exploration companies, Metatek delivers rapid data acquisition, processing and scientific interpretation across air, land and sea environments.

Metatek supports national energy security and helps accelerate the discovery of hydrocarbons, minerals essential for sustainable power, such as lithium, nickel and copper, and identifying reservoirs for natural hydrogen and geothermal energy.

We seek Safe Harbor.