File: '\\swfile\EmailIn\20250617 143933 Attachment Patterson Metals Corp. - News Release - Private Placement (Closing) - 2025 06 17.docx'

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NEWS RELEASE

PATTERSON METALS CONFIRMS CLOSING PRIVATE PLACEMENT

Vancouver, Canada - June 17th, 2025 - Patterson Metals Corp. (the "Company") (TSXV: PAT, FWB: 33H2) confirms that it will not proceed with further tranches of its previously announced non-brokered private placement (the "Offering"). As a result, the Offering has closed and the Company has issued a total of 1,155,556 units (each, a "Unit") for gross proceeds of $312,000. Each Unit consists of one common share of the Company, and one common share purchase warrant entitling the holder to acquire an additional common share at a price of $0.36 until June 6, 2028.

The Units were sold to purchasers pursuant to the listed issuer financing exemption ("Listed Issuer Financing Exemption") under Part 5A of NI 45-106. The securities offered under the Listed Issuer Financing Exemption will not be subject to resale restrictions in accordance with applicable Canadian securities laws. No finders' fees or commissions were payable in connection with closing of the Offering.

About Patterson Metals Corp

Patterson Metals Corp. is a mineral exploration company with a focus on uranium. We create value for our shareholders by engaging in promising mineral exploration opportunities. Our main goal is the advancement of various projects from discovery all the way to production. This vertically integrated strategy allows the Company to achieve exceptional shareholder value through the entire life-cycle of the mining process.

For further information, contact the Company at info@pattersonmetals.com or 604.558.4300, or visit the Company's website at www.pattersonmetals.com.

On behalf of the Board,

Patterson Metals Corp.

Simon Cheng, President

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 contain certain "Forward-Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan", "forecast", "may", "schedule" and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to the Offering and related regulatory approvals, as well as other factors or information. Such statements represent the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.