Mr. Blair Naughty reports

YORK HARBOUR EXPANDS INTO CLEAN ENERGY EXPLORATION THROUGH STRATEGIC HYDROGEN ASSET ACQUISITION

York Harbour Metals Inc. has entered into a mineral property purchase agreement with 1502757 B.C. Ltd. (the seller), for the acquisition of a portfolio of highly prospective hydrogen assets located in Ontario and Quebec, Canada.

These assets position York Harbour at the forefront of the emerging "white hydrogen" exploration cycle, similar to the early days of lithium and rare-earth exploration.

Hydrogen: a strategic exploration commodity

Natural (or white) hydrogen is increasingly recognized as a potentially transformative resource in the global shift toward decarbonization. Unlike industrial hydrogen produced from hydrocarbons or electrolysis, natural hydrogen seeps represent a clean, renewable source formed geologically in the Earth's crust.

Key factors driving investment in hydrogen exploration include:

• Global policy support for hydrogen as a cornerstone of net-zero energy strategies;
• Industrial adoption in steelmaking, chemicals and heavy transport;
• Exploration momentum in Canada, Australia and the United States, with discoveries attracting comparisons to past white gold cycles in lithium and rare earths.

The hydrogen asset portfolio

The portfolio consists of three strategic hydrogen projects totalling over 36,000 hectares:

• Kirwan Hydrogen (Quebec, 1,463 hectares): 100-per-cent-owned, road-accessible, adjacent to Quebec Innovative Materials Corp.'s flagship hydrogen discovery in Western Quebec;
• Casa Hydrogen (Quebec, 5,851 ha): option to earn 100 per cent; hosts multiple fairy circles (Barren patches indicative of natural hydrogen);
• Hearst East & West (Ontario, about 29,000 ha): 100-per-cent-owned, extensive land position adjacent to Maxx Energy's hydrogen projects in Ontario, featuring widespread fairy circles.

Blair Naughty, president and chief executive officer of York Harbour Metals, commented:

"This acquisition provides York Harbour shareholders with exposure to an exciting new frontier in resource exploration. Natural hydrogen is being recognized as a critical clean energy commodity, with potential to rival lithium in its importance to the global energy transition. Our projects are strategically located next to some of the most active hydrogen explorers in Canada, giving us immediate relevance in this emerging sector."

Transaction details

The seller, a private exploration company, is the registered and/or beneficial owner of certain mineral claims located in Quebec (the Kirwan claims) and Ontario (the Shannon H2 claims), as well as a party to an option agreement for the Casa hydrogen project in Quebec. Pursuant to the agreement, the company will acquire the assets in consideration for paying $100,000 in cash and issuing 800,000 common shares in the capital of the company at a deemed price of 8.5 cents per share. The shares will be subject to a statutory four-month-and-one-day hold period from the date of issuance. In addition, the Shannon H2 claims are subject to an underlying 1.5-per-cent net smelter returns royalty.

Pursuant to the agreement, the seller has also agreed to assign all of its rights, interest and obligations under the option agreement to the company, such that the company will have the option to purchase the Casa project upon the payment of $86,000 to the original vendors and subject to the terms of the option agreement. Prior to exercising the option, the company will have the sole and exclusive right to enter on and conduct the mining operations on the Casa project, as set forth in the option agreement.

Blair Naughty, a director and officer of the company, is also a director and officer of the seller.

Closing of the acquisition remains subject to, without limitation, receiving all necessary consents and approvals as well as the satisfaction of customary closing conditions. The company expects to complete the acquisition in the coming weeks.

About York Harbour Metals Inc.

York Harbour Metals is a Canadian exploration company focused on acquiring, developing and strategically positioning mineral assets with strong value potential. The company maintains a significant equity position in Firetail Resources Ltd., holds an interest in the York Harbour copper-zinc project, and owns the high-grade Bottom Brook rare-earth property.

Technical information

Technical information contained in this news release has been reviewed by Alex Bugden, PGeo, a qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects (NI 43-101).

The information provided herein regarding adjacent properties is not necessarily indicative of the mineralization on the property portfolio being acquired by the company. The qualified person has not verified the information concerning the adjacent properties, and there is no certainty that the same results or mineralization will be obtained on the property portfolio being acquired by the company. This disclaimer is made in compliance with the requirements of NI 43-101.

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