Mr. Brad Brodeur reports

CANAMERA ANNOUNCES UPSIZING OF CONCURRENT PRIVATE PLACEMENT

Further to its press release dated Feb. 27, 2026, Canamera Energy Metals Corp. intends to increase the size of its previously announced non-brokered private placement such that it will now offer up to 3,787,879 flow-through units at a price of 66 cents per flow-through unit (as opposed to 2,272,727 flow-through units, as previously announced) for aggregate proceeds of up to $2.5-million.

Each flow-through unit will consist of one flow-through common share and one-half of one common share purchase warrant. Each flow-through warrant will entitle the holder to acquire one common share of the company at a price of 75 cents for a period of 24 months. The securities issued in connection with the amended concurrent offering will be subject to a hold period of four months and one day.

The proceeds from the sale of the flow-through units will be used to incur Canadian exploration expenses within the meaning of the Income Tax Act (Canada).

Although there are no changes to the terms of the company's previously announced offering under the listed issuer financing exemption of up to 4,545,454 units of the company at a price of 55 cents per unit for aggregate gross proceeds of up to $2.5-million, the company has, as a result of the changes to the concurrent offering, filed an amended offering document, a copy of which may be obtained at the company's website or under its profile on SEDAR+.

About Canamera Energy Metals Corp.

Canamera Energy Metals is a critical and rare earth metals exploration company focused on building a diversified portfolio of district-scale projects across the Americas. In North America, the company's portfolio includes the Schryburt Lake rare earth and niobium project in Ontario, the Iron Hills critical and rare earth project in Colorado, the Garrow rare earth elements project in Northern Ontario, the Waterslide rare earth and uranium project in Northern Ontario, the Great Divide Basin uranium project in Wyoming, and the Mantle project in British Columbia. In Brazil, Canamera is advancing the Turvolandia and Sao Sepe rare earth element projects. Across this portfolio, Canamera targets underexplored regions with strong geological signatures and supportive jurisdictions, leveraging geochemical, geophysical and geological data sets to generate and advance high-conviction, first-mover exploration opportunities.

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