Mr. Robert Birmingham reports

PACE METALS ANNOUNCES VOTING RESULTS AT ITS ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS

Pace Metals Ltd. has released the voting results from its annual general and special meeting of shareholders held May 20, 2025.

At the meeting, all nominees, as set forth in the company's management information circular dated April 21, 2025, were elected as directors of the company, and shareholders also approved: (1) the appointment of Davidson & Company LLP, chartered professional accountants, as auditor of the company for the ensuing financial year; (2) conditional upon and effective as of the closing of the proposed transaction contemplated by amalgamation agreement, dated as of March 27, 2025, by and among the company, Compton Mining Corp., wherein the company has agreed inter alia, to acquire all of the issued and outstanding securities of Compton, consolidation of the company's issued and outstanding common shares on the basis of one postconsolidation common share for up to every two existing common shares, as more fully described in the information circular; (3) conditional upon and effective as of the closing of the proposed qualifying transaction, to elect each of Tyler Thorburn, Michael Dehn and Eric Szustak as directors of the company, each to hold office until the close of the next annual meeting of shareholders or until his or her successor has been duly elected and/or appointed and qualified or until his or her earlier death, resignation or removal pursuant to the articles of the company (as amended), bylaws of the company (as amended) and applicable law, as more fully described in the information circular; and (4) the equity incentive plan of the company, as more particularly set forth in the information circular.

Detailed information with respect to the proposed QT may be found in the company's press release dated March 27, 2025, and the business combination agreement filed under the company's profile on SEDAR+. Additional details will be provided in the filing statement to be filed with the TSX Venture Exchange in connection with the acquisition.

We seek Safe Harbor.