Mr. Greg Ferron reports

PTX METALS WELCOMES ONTARIO'S RING OF FIRE ROAD ANNOUNCEMENT AS W2 PROJECT ADVANCES WITH RECEIPT OF EXPLORATION PERMIT

PTX Metals Inc. has welcomed the Ontario government's announcement that construction has commenced on the Webequie supply road -- five years ahead of schedule -- as a significant milestone for the Ring of Fire region and for the future of critical minerals development in Northern Ontario.

Highlights:

• Ontario breaks ground on the Webequie supply road five years ahead of schedule, marking a historic milestone for critical minerals development in the Ring of Fire region;
• PTX receives exploration permit for the next phase of work at its W2 copper/nickel/platinum group element and gold project, positioned at the gateway to the Ring of Fire;
• PTX has made a significant investment in local first nation and regional businesses and service providers, with exploration programs conducted under permits shaped by community input.

The announcement comes as PTX Metals marks its own progress at the W2 copper/nickel/PGE and gold project, having recently received its exploration permit for the next phase of work at the property, the recent announcement of positive metallurgy/concentrate results and the issuance of exploration target outlining potential large tonnage.

Greg Ferron, president and chief executive officer of PTX Metals, said the convergence of government investment and project-level momentum reflects the growing strategic importance of the region.

"Ontario's decision to break ground on the Webequie supply road ahead of schedule is a historic moment for the Ring of Fire and for the communities that have worked so hard to see this region develop responsibly. This kind of infrastructure investment sends a clear signal that governments are serious about unlocking the critical minerals Canada and its allies need. We are proud to be advancing W2 at this moment and proud of the relationships we have built with local first nation communities along the way."

W2 project and community engagement

The W2 project is located at the gateway to the Ring of Fire, close to existing road infrastructure near the existing Highway 599 and winter roads. PTX has conducted five exploration programs at the property to date and made a multimillion investment in local first nation and regional businesses and service providers.

The company has maintained active engagement with indigenous communities in the region, supporting local employment and training opportunities directly at W2 and conducting exploration under permits shaped by community input.

The receipt of PTX's exploration permit positions the company to advance the next phase of work at W2 during the summer and fall seasons.

About PTX Metals Inc

PTX is a proudly Canadian mineral exploration company advancing gold and critical minerals projects in Northern Ontario, including its W2 copper/nickel/PGE project in the Ring of Fire and the Shining Tree gold project in the Timmins gold camp. The Province of Ontario is a renowned mining jurisdiction known for its abundance of critical minerals and stable regulatory environment.

The company's corporate objective is to advance our assets and unlock the potential of its two flagship projects: the W2 copper/nickel/PGE project, located close to existing winter road infrastructure at the gateway to the strategic Ring of Fire region, and the Shining Tree gold project, neighbouring other known deposits in the Timmins gold camp.

PTX's portfolio of assets was strategically acquired for their geologically favourable attributes and proximity to established mining companies.

PTX is based in Toronto, Canada, with a primary listing on the TSX-V under the symbol PTX. The company is also listed on the Frankfurt Stock Exchange under the symbol 9PX and on the OTCQB in the United States as PANXF.

Qualified person

The technical information in this news release has been reviewed and approved by Kevin Wells, PGeo, a non-independent qualified person, as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects, who is responsible for ensuring that the related technical information provided in this news release is accurate.

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