Mr. Jonathan Holmes reports

NINE MILE METALS STRENGTHENS CAPITAL MARKETS STRATEGY WITH MARKET-MAKING AND GLOBAL DIGITAL MEDIA ENGAGEMENTS

Nine Mile Metals Ltd. has entered into a market-making services agreement with Independent Trading Group (ITG) Inc. and a digital media services agreement with Proactive Group Holdings Ltd. Together, these engagements form part of the company's capital markets strategy to support orderly trading and liquidity in its common shares and to broaden investor awareness of the company's news flow as it advances its continuing 10,000-metre drill program at the past-producing Wedge copper mine in the Bathurst mining camp in New Brunswick.

"I'm excited to be working with the teams at ITG and Proactive. Liquidity and visibility are fundamentals for a junior exploration company, and these engagements are intended to strengthen both. ITG's market making supports day-to-day trading and liquidity in our shares while Proactive carries our news flow to engaged investor audiences across the United States, Canada, the U.K. and Australia, where interest in copper and critical minerals continues to grow. Importantly, these mandates allow our technical team to remain focused on the drill program at Wedge and on delivering results from the ground. We believe steady execution -- putting money in the ground, delivering on our milestones and advancing a comprehensive capital markets strategy -- creates long-term value for shareholders," stated Jonathan Holmes, president of Nine Mile Metals.

ITG agreement

The company has entered into a market-making services agreement with ITG, pursuant to which ITG will provide market-making services in accordance with applicable exchange policies and regulatory requirements, including those of the Canadian Securities Exchange (CSE). ITG will trade common shares of the company on the CSE and other trading venues where the company's shares may trade, with the objective of maintaining an orderly market and improving the liquidity of the company's common shares.

Under the ITG agreement, the company will pay ITG compensation of $5,500 per month (plus applicable taxes), payable monthly in advance. The ITG agreement is for an initial term of one month, effective June 15, 2026, and will renew for additional one-month terms unless terminated. The ITG agreement may be terminated by either party with 30 days of notice. There are no performance factors contained in the ITG agreement and ITG will not receive shares or options as compensation. ITG and the company are arm's-length parties and, to the knowledge of the company, ITG and its principals do not have any direct or indirect interest in the securities of the company.

Proactive agreement

The company has also entered into a digital media services agreement with Proactive, pursuant to which Proactive will provide digital media and communications services to the company, including the production of video interviews, preparation of editorial content based on the company's news releases and distribution of such content through Proactive's media platforms.

The Proactive agreement has an initial term of 12 months, effective June 15, 2026, and will automatically renew for successive 12-month periods unless terminated in accordance with its terms. In consideration for the services, the company has agreed to pay Proactive an annual fee of approximately $26,460, plus applicable taxes. The compensation is paid entirely in cash and does not include any securities, stock options or other equity-based compensation. Proactive is an arm's-length party to the company and, to the company's knowledge, its principals do not have any interest, directly or indirectly, in the securities of the company. Proactive is located at 100 King St. W, Suite 7210, Toronto, Ont., M5X 1E4, and can be contacted by telephone at 604-688-8158 or by e-mail at action@proactiveinvestors.com.

About Nine Mile Metals Ltd.

Nine Mile Metals is a Canadian critical minerals exploration company advancing four projects in the world-famous Bathurst mining camp in New Brunswick -- one of the world's most prolific VMS (volcanogenic massive sulphide) districts, host to more than 45 known deposits. With less than 1 per cent of the camp outcropping at surface, Nine Mile applies UAV (unmanned aerial vehicle) drone-based geophysics, AI-assisted (artificial intelligence) data reprocessing and 3-D deposit modelling to identify mineralized systems that earlier exploration methods could not detect. The portfolio is anchored by the flagship, past-producing Wedge copper mine -- mined by Cominco from 1962 to 1968, producing 1.5 million tonnes of predominantly copper ore -- alongside the Nine Mile Brook VMS project, California Lake and Canoe Landing Lake (east-west). Nine Mile is focused on copper, silver, lead and zinc, with gold -- metals essential to AI data centres, electrification and the clean energy transition.

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