Mr. Brad Brodeur reports

CANAMERA EXECUTES OPTION AGREEMENT TO ACQUIRE 100% INTEREST IN TWO BRAZILIAN RARE EARTH PROJECTS

Canamera Energy Metals Corp., further to its news release dated Aug. 28, 2025, has entered into a definitive option agreement, dated Oct. 6, 2025, with iFind Mining Inc., Gabriel Nascimento Nakamura, Irmaos Martins Servicos e Comercio Ltda. and Rco Mineracao Ltda. Under the option agreement, the company has the option to acquire a 100-per-cent interest in two rare earth projects in Brazil: the Turvolandia rare earth ionic clay project, located in the state of Minas Gerais; and the Sao Sepe rare earth ionic clay project, located in the state of Rio Grande do Sul.

"We believe that this proposed acquisition aligns with our strategic focus on critical minerals projects in Tier 1 mining jurisdictions and complements our existing portfolio. We are very pleased to be adding this Brazilian project."

Pursuant to the option agreement, the company can acquire a 100-per-cent interest in the projects by completing a cash and share payment, and by incurring minimum exploration expenditures as detailed in an attached table.

If the company exercises the option:

1. It will grant to iFind Mining a 1.0-per-cent net smelter return (NSR) royalty on commercial production from the projects, one-half (0.5-per-cent royalty) of which may be repurchased at any time in consideration for a cash payment of $500,000.
2. It will make additional one-time contingent payments to iFind Mining, subject to and conditional upon the achievement of the development milestones in respect of one or more mineral rights comprising the projects, as noted in an attached table.

In connection with the entering into of the option agreement, a finder's fee of up to $70,000, payable in common shares, at a deemed price equivalent to the volume-weighted average closing price of the common shares of the company on the Canadian Securities Exchange in the 10 trading days immediately prior to announcement of the option agreement, is due to an arm's-length party who introduced the transaction, of which $20,000 in common shares will be issued upon CSE approval of the option agreement, with the balance of common shares issuable upon the publishing of a mineral resource estimate for the projects. The company is at arm's length to the optionors and, to the knowledge of the company, the optionors do not presently hold any securities of the company.

The option agreement is subject to CSE approval and is not expected to constitute a fundamental change for the company, nor will it result in a change of control of the company (within the meaning of applicable securities laws and the policies of the CSE). All common shares issued to the optionors will be subject to restrictions on resale for a period of four months and one day in accordance with applicable securities laws.

About Canamera Energy Metals Corp.

Canamera is a mineral exploration company focused on the acquisition and development of mineral resource projects, including the Mantle project in British Columbia, as well as high-quality REE (rare earth element) and critical metal assets in the Americas. The company targets underexplored regions with district-scale potential, leveraging geochemical, geophysical and geological data to identify first-mover opportunities.

We seek Safe Harbor.