Mr. Mike Kicis reports

TALON METALS ANNOUNCES RESULTS OF AGM

Talon Metals Corp. has released the results of its annual and special meeting of shareholders (AGM), held today.

All of the nominee directors listed in Talon's management information circular dated May 13, 2026, were elected as directors. The results of the shares voted in respect of the election of each director are detailed in the attached table.

Furthermore, at the AGM, shareholders of the company:

• By a majority of votes cast by the disinterested shareholders, approved the continuation of the shareholder rights plan of the company;
• Voted in favour of appointing MNP LLP as the auditor of the company for the ensuing year and authorizing the directors to fix its remuneration.

About Talon Metals Corp.

Talon is a Toronto Stock Exchange-listed base metals company advancing and operating high-grade nickel-copper assets in the United States, including 100-per-cent ownership of the Eagle mine and Humboldt mill in Michigan, the only primary nickel mine currently operating in the United States, and the Tamarack nickel-copper-cobalt project in Minnesota. Talon is in a joint venture with Rio Tinto on the high-grade Tamarack nickel-copper-cobalt project, located in central Minnesota. Talon's shares are also traded in the United States over the OTC (over-the-counter) market under the symbol TLOFF. The Tamarack nickel-copper-cobalt project comprises a large land position (18 kilometres of strike length) with additional high-grade intercepts outside the current resource area. Talon has an earn-in right to acquire up to 60 per cent of the Tamarack nickel-copper-cobalt project and currently owns 51 per cent. Talon has a neutrality and work force development agreement in place with the United Steelworkers union. Talon's Beulah mineral processing facility in Mercer county was selected by the U.S. Department of Energy for a $114.8-million (U.S.) funding grant from the Bipartisan Infrastructure Law, and the U.S. Department of War awarded Talon a grant of $20.6-million (U.S.) to support and accelerate Talon's exploration efforts in both Minnesota and Michigan. Talon has well-qualified and experienced exploration, mine permitting, mine development, operations and community relations teams.