Mr. Chris Eager reports

RESOURO STRATEGIC METALS INC. (RSGOF) UPDATE ON PRIVATE PLACEMENT

Resouro Strategic Metals Inc. refers to its announcements of Aug. 19, 2025, Sept. 11, 2025, and Sept. 22, 2025 (TSX Venture Exchange Aug. 18, 2025, Sept. 10, 2025, and Sept. 21, 2025), in relation to its non-brokered private placement.

The company advises that it has received subscription agreements and anticipates being in a position to close the raise within the next week, noting, however, that the offering is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange, which it is currently working through. The offering is also being conducted using the company's placement capacity pursuant to Australian Securities Exchange listings Rule 7.1 and 7.1A. No related parties or their associates are participating in the offering. All of the securities to be issued under the offering will be subject to a four-month resale restriction in accordance with applicable securities legislation.

As previously announced, the company intends to use the net proceeds of this offering to advance the engineering program, an essential step toward the preliminary economic assessment for the company's Tiros project, as well as for general working capital purposes. No finders' fees nor broker charges apply to this placement.

About Resouro Strategic Metals Inc.

Resouro is a Canadian incorporated mineral exploration and development company, listed on the Australian Securities Exchange, TSX Venture Exchange, OTC and Frankfurt Stock Exchange, focused on the discovery and advancement of economic mineral projects in Brazil, including the Tiros titanium-rare-earth project and the Novo Mundo gold project. The Tiros project has 28 mineral concessions totalling 497 square kilometres located in the state of Minas Gerais, one of the best infrastructurally developed states of Brazil, 350 kilometres from the state capital of Belo Horizonte. Resouro's mineral resource estimate for the Tiros project contains 165 million tonnes of titanium dioxide and 5.5 million tonnes of total rare earth oxides within a measured and indicated resource of 1.4 billion tonnes at 12 per cent titanium dioxide and 4,000 parts per million of total rare earth oxides.