Mr. Mark Saxon reports

T2 METALS CLOSES FIRST TRANCHE OF ITS NON-BROKERED PRIVATE PLACEMENT WITH OVER $6.35 MILLION RAISED

T2 Metals Corp. has closed the first tranche of its non-brokered private placement as announced on Feb. 27, 2026, and increased on March 13, 2026. The company issued a total of 12,726,262 units at a price of 50 cents per unit, for gross proceeds of $6,363,131, with each unit comprising one common share and one-half of a common share purchase warrant. Each whole warrant entitles the holder to purchase an additional common share at a price of 75 cents for a period of two years from closing.

Mark Saxon, chief executive officer of T2 Metals, said: "The strong response to this private placement, which has allowed us to raise over $6.35-million in this first tranche alone, has placed us in a favourable position for the 2026 field season. This funding secures our ability to execute on our primary exploration goals in the Yukon and Manitoba, where we see immense potential for gold, silver and copper discoveries. With a strong balance sheet now in place, our focus shifts entirely to the field as we prepare to deliver results for our shareholders.

"We anticipate a final closing of the private placement within one week."

Certain insiders of the company participated in the financing and purchased an aggregate of 60,000 units. Participation of the insiders in the offering constituted a related party transaction as defined under Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions, but was exempt from the formal valuation and minority shareholder approval requirements of MI 61-101, as neither the fair market value of the securities issued to the insiders nor the consideration paid by the insiders exceeded 25 per cent of the company's market capitalization. None of the company's directors expressed any contrary views or disagreements with respect to the foregoing. The company did not file a material change report 21 days prior to the closing of the offering as the details of the participation of the insiders of the company had not been confirmed at that time.

Finders' fees in the amount of $31,900 cash and 63,800 finders' warrants were paid on a portion of the financing. Each finder's warrant is convertible into one common share at a price of 75 cents for a period of two years from closing. Net proceeds will be used for working capital, acquisition of the Aurora property and exploration. The company is now moving to close on its option agreement to acquire a 100-per-cent interest in the Aurora property and will be making the initial option payment of $75,000 cash and issuing 400,000 common shares. A finder's fee of 5 per cent is payable on the acquisition of Auroa to White Rabbit Resources, an arm's-length private British Columbia company owned by Erin Heney. The finder's fee will be paid on the equivalent schedule as payments to the optionor (see news release dated Feb. 26, 2026).

All securities issued in the Financing are subject to a four-month hold period and to all necessary regulatory approvals, including the final acceptance of the TSX Venture Exchange.

About T2 Metals Corp.

T2 Metals is an emerging copper and precious metal company enhancing shareholder value through exploration and discovery. T2 Metals is committed to engage with rights holders and stakeholders with the highest level of respect, ensuring that the company's exploration activities contribute positively to the communities in which it operates.

We seek Safe Harbor.