Mr. Scott McLean reports

TRANSITION METALS CORP UPSIZES CRITICAL FLOW THROUGH FINANCING TO $743,133

Transition Metals Corp. has upsized its non-brokered critical mineral flow-through private placement financing originally announced on Sept. 22, 2025. Demand for the CFT offering has allowed the company to increase the placement to a total of $743,133 in gross consisting of 9,908,439 critical flow-through shares at a price of 7.5 cents per CFT share.

A finder's fee may be paid in connection with a portion of the financing to finders, as determined by mutual agreement between the corporation and the finders and subject to regulatory approval. The finder's fee will consist of 6 per cent in cash for CFT shares sold to investors introduced by such finders and an additional 6 per cent in non-transferable share purchase warrants equal to 6 per cent for CFT shares sold to investors introduced by such finders. The compensation warrants will permit the finder to purchase one common share in the capital of the company for 18 months from closing at a price of 12 cents.

Proceeds from the CFT shares issued in connection with the CFT offering will be used to explore and advance critical mineral properties in Ontario (Saturday Night platinum group metals) and Yukon (Pike Warden gold-silver-copper). The securities issued in connection with the CFT offering, including any common shares issued upon exercise of the compensation warrants, will be subject to a four-month restricted resale period and applicable securities legislation hold periods outside of Canada from the closing date. Completion of the CFT offering will be subject to all necessary approvals, including the approval of the TSX Venture Exchange. There can be no assurance that the CFT offering will be completed as proposed or at all.

Certain officers and directors of the company may participate in the private placement, which constitutes a related-party transaction for purposes of Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). Such participation is exempt from the valuation and minority approval requirements of MI 61-101 by virtue of the fact that the company is not listed on a specified market set out in Section 5.5(b) of MI 61-101 and the value of CFT shares subscribed for by such officers and directors is less than $2.5-million in accordance with the requirements of Section 5.7(b) of MI 61-101.

About Transition Metals Corp.

Transition is a Canadian-based, multicommodity explorer. The award-winning team of geoscientists has extensive exploration experience which actively develops and tests new ideas for discovering mineralization in places that others have not looked, often allowing the company to acquire properties inexpensively.

We seek Safe Harbor.