Mr. Mathew Wilson reports

STERLING METALS ANNOUNCES BOARD AND MANAGEMENT CHANGES

Richard Patricio was elected to the board of directors at Sterling Metals Corp.'s annual and special meeting of shareholders held on Oct. 26, 2026.

In addition, the company announces that Albert Contardi has been appointed non-executive chairman of the company in place of Mark Goodman. Mr. Goodman will remain a director of the company. The company wishes to thank Mr. Goodman for his contributions as chairman.

Brief biographies of Mr. Patricio and Mr. Contardi are as shown herein.

Mr. Patricio is president and chief executive officer of Mega Uranium Ltd. Mr. Patricio is a graduate of Osgoode Hall Law School and is a member of the Law Society of Ontario. Mr. Patricio spent the last 20 years in the early stage investment space where he has been involved with the founding and growth of many resource-based issuers and other technology companies. Mr. Patricio presently sits on the board of directors of several companies, each of which he is a founding director, including NexGen Energy Ltd., IsoEnergy Ltd. and Borealis Mining Company Ltd.

Mr. Contardi is a consultant/adviser with over 15 years of legal, investment and capital markets experience. He is currently president of CFT Financial Corp., a Toronto-based exempt market dealer. Mr. Contardi's expertise involves advising and structuring corporate finance transactions in the mining, tech and biotech sectors to maximize the value of projects/assets. Mr. Contardi has been called to the Ontario Bar and is a graduate of Queen's University Law School.

About Sterling Metals Corp.

Sterling Metals is a mineral exploration company focused on large-scale Canadian copper exploration opportunities. The company's flagship Soo copper project in Ontario comprises a 35,000-plus-hectare land position across the Batchewana copper belt, which hosts past production and multiple breccia and porphyry targets strategically located near robust infrastructure. Sterling also holds the Adeline project in Labrador, which covers an extensive sediment-hosted copper belt with significant silver credits. Both projects have demonstrated potential for important new copper discoveries, underscoring Sterling's commitment to pioneering exploration in mineral-rich Canada.

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