Mr. Alain Lambert reports

PRISMO METALS ANNOUNCES CLOSING OF PRIVATE PLACEMENT

Further to Prismo Metals Inc.'s news release Dec. 3, 2025, the company has proceeded with an upsized closing of its previously announced non-brokered private placement of units of the company at an issue price of 10 cents per unit. The closing consisted in the issuance of 2.94 million units for gross proceeds of $294,000.

"With the exception of one investor, every subscriber in this last closing is a new shareholder of Prismo," said Alain Lambert, chief executive officer of Prismo. "Our immediate priority is to undertake our fully funded drill program, as previously announced. This drill campaign will focus primarily on the historic Silver King mine site and will be for a minimum of about 1,000 metres. The objective is to test the upper half of the steeply dipping pipelike Silver King mineralized body as well as potential mineralization adjacent to the dense stockwork that was the focus of historic mining."

The company previously announced the first closing of the private placement on Nov. 12, 2025, for aggregate gross proceeds of $1,745,000 and a second closing of the private placement on Dec. 2, 2025, for aggregate gross proceeds of $165,000. Due to strong investor demand, the company has now raised aggregate gross proceeds of $2,204,000 through the sale of an aggregate of 22.04 million units.

Each unit consists of one common share in the capital of the company and one common share purchase warrant of the company. Each warrant entitles the holder to purchase one share for a period of 36 months from the date of issue at an exercise price of 17.5 cents.

The company intends to use the net proceeds of the private placement primarily for drilling at its Silver King project and for general corporate purposes. There may be circumstances, however, where, for sound business reasons, a reallocation of funds may be necessary. The company expects to accept additional subscriptions of units from new shareholders in the coming days for an approximate amount of $75,000.

The units issued pursuant to the closing are subject to a four-month hold period from the closing date of the closing under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada.

In connection with the closing, the company issued an aggregate of 185,200 finders' warrants and paid finders' commissions of $18,520 to a certain qualified finder. Each finder's warrant is exercisable for a period of 24 months from the date of issuance to purchase one share at a price of 10 cents. In addition, the company paid a cash fee of $7,000 to a financial adviser.

About Prismo Metals Inc.

Prismo is a mining exploration company focused on advancing its Silver King, Ripsey and Hot Breccia projects in Arizona and its Palos Verdes silver project in Mexico.

We seek Safe Harbor.