Mark, Author at Nine Mile Metals

NINE MILE METALS ANNOUNCES CLOSING OF PRIVATE PLACEMENT

Not for distribution to United States newswire services or for dissemination in the United States Toronto, Ontario – April 22, 2026 – Nine Mile Metals Ltd. (CSE: NINE) (OTC Pink: VMSXF) (FSE: KQ9) (“Nine Mile” or the “Company”) is pleased to announce that it has completed a non-brokered private placement financing for gross proceeds of $1,000,020 through the issuance of 7,143,000 units of the Company (each, a “Unit”) at a price of $0.14 per Unit (the “Offering”). Each Unit is comprised of: (i) one (1) common share of the Company (a “Common Share”) that qualifies as a “flow-through share”; and (ii) one (1) common share purchase warrant of the Company (a “Warrant”), with each Warrant exercisable into one (1) Common Share at a price of $0.30 for a period of two (2) years, provided that if the daily volume-weighted average trading price of the Common Shares on the CSE equals or exceeds $0.50 for ten (10) consecutive trading days, the Company may, at its discretion, accelerate the expiry date of the Warrants by providing not less than thirty (30) days’ notice to Warrant holders via press release. In connection with the Offering, the Company paid finders fees of $80,001.60 and issued 571,440 finders warrants (the “Finders Warrants”). Each Finders Warrant will be exercisable for one (1) additional Common Share at a price of $0.14 for a period of two (2) years. The Company intends to use the proceeds of the Offering for exploration activities on its critical minerals projects in the Bathurst Mining Camp. The Common Shares, and any Common Shares to be issued on exercise of the Warrants or Finders Warrants, are subject to a hold period under applicable Canadian securities laws expiring four (4) months and one (1) day from the date of issuance. About Nine Mile Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS Project; California Lake VMS Project; Canoe Landing Lake (East – West) Project and the Wedge VMS Project. The Company is focused on exploration of Minerals for Technology (MFT), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold. ON BEHALF OF NINE MILE METALS LTD., “Patrick J. Cruickshank, MBA” CEO and Director T: 506-804-6117 E: patrick@ninemilemetals.com Cautionary Statement Regarding Forward-Looking Information This news release contains certain “forward-looking information” within the meaning of Canadian securities legislation, including, but not limited to, statements regarding the Company’s plans with respect to the Company’s projects and the timing related thereto, the merits of the Company’s projects, the Company’s objectives, plans and strategies, the Offering, the listing of the Common Shares on the CSE, the use of proceeds of the Offering and other matters. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “aims,” “potential,” “goal,” “objective,”, “strategy”, “prospective,” and similar expressions, or that events or conditions “will,” “would,” “may,” “can,” “could” or “should” occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the CSE, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include the risk of accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, or the possibility that the Company may not be able to secure permitting and other agency or governmental clearances, necessary to carry out the Company’s exploration plans, risks of political uncertainties and regulatory or legal changes in the jurisdictions where the Company carries on its business that might interfere with the Company’s business and prospects. The reader is urged to refer to the Company’s reports, publicly available through the Canadian Securities Administrators’ System for Electronic Data Analysis and Retrieval + (SEDAR+) at www.sedarplus.ca for a more complete discussion of such risk factors and their potential effects. The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

NINE MILE METALS ANNOUNCES PRIVATE PLACEMENT OF UP TO $1 MILLION

Not for distribution to United States newswire services or for dissemination in the United States Toronto, Ontario – April 15, 2026 – Nine Mile Metals Ltd. (CSE: NINE) (OTC Pink: VMSXF) (FSE: KQ9) (“Nine Mile” or the “Company”) is pleased to announce a non-brokered private placement financing for gross proceeds of up to $1,000,020 through the issuance of up to 7,143,000 units of the Company (each, a “Unit”) at a price of $0.14 per Unit (the “Offering”). Each Unit is comprised of: (i) one (1) common share of the Company (a “Common Share”) that qualifies as a “flow-through share”; and (ii) one (1) common share purchase warrant of the Company (a “Warrant”), with each Warrant exercisable into one (1) Common Share at a price of $0.30 for a period of two (2) years, provided that if the daily volume-weighted average trading price of the Common Shares on the CSE equals or exceeds $0.50 for ten (10) consecutive trading days, the Company may, at its discretion, accelerate the expiry date of the Warrants by providing not less than thirty (30) days’ notice to Warrant holders via press release. The Offering is expected to close on or about April 20, 2026, or such other date as the Company may determine, and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals. The Company may pay finder’s fees in connection with the Offering comprised of cash equal to 8% of the gross proceeds of the Offering and finder warrants (the “Finders Warrants”) equal to 8% of the number of Units issued under the Offering. Each Finders Warrant will be exercisable for one (1) additional Common Share at a price of $0.14 for a period of two (2) years. The Company intends to use the proceeds of the Offering for exploration activities on its critical minerals projects in the Bathurst Mining Camp. The Common Shares, and any Common Shares to be issued on exercise of the Warrants and Finders Warrants, will be subject to a hold period under applicable Canadian securities laws expiring four (4) months and one (1) day from the date of issuance. About Nine Mile Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS Project; California Lake VMS Project; Canoe Landing Lake (East – West) Project and the Wedge VMS Project. The Company is focused on exploration of Minerals for Technology (MFT), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold. ON BEHALF OF NINE MILE METALS LTD., “Patrick J. Cruickshank, MBA” CEO and Director T: 506-804-6117 E: patrick@ninemilemetals.com Cautionary Statement Regarding Forward-Looking Information This news release contains certain “forward-looking information” within the meaning of Canadian securities legislation, including, but not limited to, statements regarding the Company’s plans with respect to the Company’s projects and the timing related thereto, the merits of the Company’s projects, the Company’s objectives, plans and strategies, the Offering, the listing of the Common Shares on the CSE, the use of proceeds of the Offering and other matters. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “aims,” “potential,” “goal,” “objective,”, “strategy”, “prospective,” and similar expressions, or that events or conditions “will,” “would,” “may,” “can,” “could” or “should” occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the CSE, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include the risk of accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, or the possibility that the Company may not be able to secure permitting and other agency or governmental clearances, necessary to carry out the Company’s exploration plans, risks of political uncertainties and regulatory or legal changes in the jurisdictions where the Company carries on its business that might interfere with the Company’s business and prospects. The reader is urged to refer to the Company’s reports, publicly available through the Canadian Securities Administrators’ System for Electronic Data Analysis and Retrieval + (SEDAR+) at www.sedarplus.ca for a more complete discussion of such risk factors and their potential effects. The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

NINE MILE METALS ANNOUNCES CERTIFIED ASSAYS FROM DDH-WD-25-02B OF 3.17% CUEQ OVER 15.00 METERS (7.47 g/t Ag, 0.21 g/t Au, 2.36 % Cu, 0.35% Pb, 1.29% Zn) INCLUDING 5.99% CUEQ OVER 6.84 METERS (14.50 g/t Ag, 0.34 g/t Au, 4.47% Cu, 0.75% Pb 2.58% Zn)

TORONTO, ONTARIO, CANADA – THURSDAY, April 2nd, 2026, NINE MILE METALS LTD. (CSE: NINE, OTC PINK: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”), is pleased to announce it has received certified assays for drill hole WD-25-2B at the Wedge Mine situated in the renowned Bathurst Mining Camp, New Brunswick (BMC). TABLE 1: WD-25-02B Overall Assay Summary (Weighted Averages) From To Width Cu Pb Zn Au Ag Cu Eq (m.) (m.) (m.) % % % g/t g/t % Upper Zone 56.00 62.00 6.00 0.80 1.48 2.66 0.45 45.50 3.20 Lower Zone Overall 107.00 122.00 15.00 2.36 0.35 1.29 0.21 7.47 3.17 including 115.16 122.00 6.84 4.47 0.75 2.58 0.34 14.50 5.99 TABLE 2: Detailed Certified Assays, Upper Zone (56.00 62.00 meters), and Lower Zone (107.00 – 122.00 meters) Sample # From To Width Ag Au Cu Pb Zn Cu Eq Upper Zone (m.) (m.) (m.) g/t g/t % % % % 338307 56.00 59.00 3.00 40.00 0.44 0.87 2.22 4.19 3.67 338308 59.00 62.00 3.00 51.00 0.46 0.74 0.75 1.13 2.75 Lower Zone 338326 107.00 110.00 3.00 2.00 0.07 0.48 0.01 0.14 0.65 338327 110.00 113.00 3.00 2.00 0.13 0.86 0.02 0.23 1.13 338328 113.00 114.00 1.00 1.00 0.09 0.45 0.00 0.13 0.62 338329 114.00 115.16 1.16 < 1.00 0.10 0.33 0.04 0.37 0.57 338330 115.16 116.00 0.84 18.00 0.47 1.27 0.68 3.75 3.32 338331 116.00 119.00 3.00 11.00 0.27 6.74 0.50 1.82 7.86 338332 119.00 122.00 3.00 17.00 0.38 3.11 1.02 3.02 4.88 Figure 1: Cross Section Drill Hole WD-25-02B & WD-25-01, Geology, Cu and Zn Assays. FIGURE 2: Sample # 338331 (6.74% Cu) and Sample # 338332 (3.11% Cu), Gary Lohman, P.Geo, VP Exploration, Director stated, “Drilling continues to intersect massive copper bearing mineralization in the western portion of the Wedge as seen above in Figure 2. Prior to new drilling in May 2026, (3) BHEM surveys will be conducted on last fall’s previous holes, to assist in vectoring in on recently defined new VMS Zones and associated high-grade copper mineralization, (2) BHEM surveys in the Northwest area and (1) BHEM survey in the high-grade Southwest Area”. Patrick J. Cruickshank, MBA, CEO & Director, stated “we are thrilled with the results of this hole. The drill results continue to show impressive high-grade results through different styles and zonation of mineralization. We have seen High Grade Cu, High Grade Cu with Ag, Huge Grade Cu with Au, and a traditional VMS lens model. Had this hole not terminated due to a fault and water loss, we would have truly seen a special high-grade Cu – Ag Lens. Our Spring Phase 3 drill program will be exciting, and we will be able to drill from locations that best expose the value this deposit has to offer. We will drill from the other side of this fault and expose the entire High-Grade Lens and its magnitude. Having multiple zonation’s of mineralization is a valuable perspective and brings a host of opportunity for us. We look forward to sharing our next result & launching our Phase 3 program including our West Wedge & Tribag Drill initiative.” FIGURE 3: Massive Copper bearing, Pyritic VMS FIGURE 4: Drill Hole Locations, WD-25-01, WD-25-02B TABLE 3: Summary of Results, Drill Holes WD-25-01, WD-25-02 and WD-25-02B HOLE # From To Width Ag Au Cu Pb Zn Cu Eq (m.) (m.) (m.) g/t g/t % % % % WD-25-01* Overall 156.05 178.70 22.65 39.52 0.96 0.99 2.25 1.61 3.75 Includes 161.05 178.70 17.65 42.50 1.01 1.20 2.62 2.05 4.26 160.05 173.05 13.00 50.33 1.21 0.39 3.23 2.45 4.06 WD-25-02* OVERALL 138.72 170.82 32.10 14.09 0.35 1.53 0.47 1.81 2.80 Zone 1 138.72 141.22 2.50 61.57 1.01 3.09 1.02 4.88 7.03 Zone 2 150.30 165.32 15.02 11.00 0.40 2.14 0.52 1.00 3.21 159.30 170.82 11.52 17.00 0.43 3.20 0.48 2.48 4.81 159.30 165.32 6.02 17.00 0.42 4.63 0.27 0.79 5.75 Zone 3 168.00 170.82 2.82 36.65 0.72 2.91 0.96 7.13 6.58 WD-25-02B Zone 1 56.00 62.00 6.00 45.50 0.45 0.80 1.48 2.66 3.20 Zone 2 107.00 122.00 15.00 7.47 0.21 2.36 0.35 1.29 3.17 including 115.16 122.00 6.84 14.50 0.34 4.47 0.75 2.58 5.99 * WD-25-01 released on March 12, 2026, WD-25-02 released on February 17, 2026 Analysis and QAQC All samples were submitted to and analyzed at ALS Canada Ltd. (ALS), an independent commercial laboratory for both the sample preparation and assaying. ALS is a commercial laboratory independent of Nine Mile Metals Ltd. Samples submitted through ALS are run through standard preparation methods and analysed using Code ME-ICP61A which is a high-grade four acid digestion and ICP+AES analysis. Gold analysis is done by standard fire assay (Au-AA23) using a 30-gram sample. Overlimit assays are done by gravimetric analysis (Au-GRA21). ALS undertakes their own QA/AC protocols including coarse and pulp duplicate analysis to ensure proper sample

NINE MILE METALS ANNOUNCES CERTIFIED ASSAYS FROM DDH-WD-25-01 OF 3.83% CUEQ OVER 22.65 METERS (39.52 g/t Ag, 0.96 g/t Au, 0.99% Cu, 2.25% Pb, 1.61% Zn) AND 4.33% CUEQ OVER 17.65 METERS (42.5 g/t Ag, 1.01 g/t Au, 1.2% Cu, 2.62% Pb, 2.05% Zn) INCLUDING 1.21 G/T AU AND 50.33 G/T AG OVER 13.00 METERS

TORONTO, ON, Thursday, March 12th, 2026 – NINE MILE METALS LTD. (CSE: NINE, OTC-PINK: VMSXF, FSE: KQ9)-(the “Company” or “Nine Mile”) is pleased to announce it has received certified assays for drill hole WD-25-01 at the Wedge Mine situated in the renowned Bathurst Mining Camp, New Brunswick (BMC). WD-25-01 HIGHLIGHTS: TABLE 1: Assay Summary (Weighted Averages) From To Width Ag Au Cu Pb Zn Cu Eq (m.) (m.) (m.) g/t g/t % % % % Overall 156.05 178.70 22.65 39.52 0.96 0.99 2.25 1.61 3.83 Includes 161.05 178.70 17.65 42.50 1.01 1.20 2.62 2.05 4.33 160.05 173.05 13.00 50.33 1.21 0.39 3.23 2.45 4.14 TABLE 2: Certified Assays, (156.05 – 178.70 meters) Sample From To Width Ag Au Cu Pb Zn Cu Eq # (m.) (m.) (m.) g/t g/t % % % % 338213 156.05 157.05 1.00 21.30 0.64 0.17 0.78 0.07 1.59 338214 157.05 158.05 1.00 24.10 0.82 0.39 0.69 0.05 2.09 338215 158.05 159.05 1.00 35.80 0.86 0.28 1.19 0.06 2.36 338216 159.05 160.05 1.00 38.00 0.81 0.33 1.34 0.07 2.41 338217 160.05 161.05 1.00 25.90 0.91 0.20 0.70 0.06 2.06 338218 161.05 162.05 1.00 148.00 1.12 0.49 5.37 0.69 6.08 338219 162.05 163.05 1.00 71.10 1.32 0.31 3.37 0.53 4.18 338220 163.05 164.05 1.00 63.20 1.10 0.30 2.77 0.72 3.68 338221 164.05 165.05 1.00 58.60 1.72 0.52 2.31 0.14 4.39 338222 165.05 166.05 1.00 116.00 0.38 0.25 13.90 8.62 7.47 338223 166.05 167.05 1.00 55.60 1.05 0.28 10.40 19.30 9.29 338224 167.05 168.05 1.00 35.30 1.42 0.29 1.50 1.22 3.43 338225 168.05 169.05 1.00 17.40 1.52 0.30 0.42 0.07 2.73 338226 169.05 170.05 1.00 19.70 1.64 0.42 0.50 0.45 3.17 338227 170.05 171.05 1.00 15.40 1.44 0.49 0.38 0.07 2.77 338228 171.05 172.05 1.00 14.40 1.14 0.76 0.19 0.03 2.59 338229 172.05 173.05 1.00 13.70 1.04 0.50 0.19 0.03 2.18 338230 173.05 174.05 1.00 11.90 0.89 0.71 0.33 0.02 2.18 338231 174.05 175.05 1.00 18.60 0.82 1.73 0.75 0.06 3.32 338232 175.05 176.05 1.00 26.90 0.73 3.33 1.42 0.95 5.31 338233 176.05 177.05 1.00 50.30 0.26 3.52 2.12 0.57 5.39 338234 177.05 177.60 0.55 10.60 0.20 4.05 0.12 2.08 5.08 338235 177.60 178.70 1.10 7.40 0.12 4.34 0.25 1.44 5.06 VMS mineralization occurs between 156.05 and 178.70 meters. Locally visible Chalcopyrite, Sphalerite and Galena occur as seen in the figures 3, 4 and 5 below. “This drill hole was intriguing, not only confirming the presence of high-grade copper at depth but also containing a significant precious metal component previously not recognized or reported at the Wedge. In our 2024 drilling on the eastern extension, both Au and Ag are present in the assays however the widths were much smaller and associated with copper, lead and zinc rich intervals. This further demonstrates the robust nature of the mineralization at the Wedge” commented Gary Lohman, P.Geo., VP Exploration & Director. Patrick J. Cruickshank, MBA, CEO & Director, stated “Tremendous result on Hole WD-25-1 at the Wedge Mine. This clearly demonstrates the high-grade nature and the diverse composition at the Wedge Deposit. This is a completely different VMS Style Lens again. This is a diverse and unique deposit that continues to show its economic and high-grade potential. This is a high-grade Gold – Silver Burst not a Copper only style like Lens #3 we discovered. We look forward to our 2026 Drill Program at this deposit and unlock more high-grade surprises at depth and along the western corridor.” Analysis and QAQC All samples were submitted to and analyzed at Activation Laboratories Ltd. (ActLabs) Ancaster Ontario, an independent commercial laboratory for both the sample preparation and assaying. Actlabs is a commercial laboratory independent of Nine Mile Metals Ltd. Samples submitted through Actlabs are run through standard preparation methods and analysed using Code 8 Peroxide ICP-OES+MS which is a high-grade four acid digestion and ICP+MS analysis. Gold analysis is done by standard fire assay (1A2) using a 30-gram sample. Overlimit assays are done by gravimetric analysis (1A3). Actlabs undertakes their own QA/AC protocols including coarse and pulp duplicate analysis to ensure proper sample preparation and equipment calibration. Nine Mile’s QAQC program includes regular insertion of CRM standards, duplicates, and blanks into the sample stream with a stringent review of all results. QAQC and data validation was performed, and no material errors were observed. The disclosure of technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and reviewed and approved by Gary Lohman, B.Sc., PGeo., VP Exploration and Director who acts as the Company’s Qualified Person, and is not independent of the Company. Copper Equivalent (Cu-Eq) for the drill hole samples is calculated based on March 6, 2026, pricing: US$ 5.78/lb Cu, US$ 0.86/lb Pb, US$ 1.47/lb Zn, US$ 84.34/oz Ag, and US$ 5172.00/oz Au, with 80% metallurgical recoveries assumed for all metals. Since it is unclear which metals will be the principal products, assuming different recoveries is premature at this stage. Therefore, an 80% recovery rate is justified. About Nine Mile Metals Ltd.:Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS Project; California Lake VMS Project; and the Canoe Landing Lake (East – West) Project and the Wedge VMS Project. The Company is focused on exploration of Minerals for Technology (MFT), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold. ON BEHALF OF NINE MILE METALS LTD. “Patrick J. Cruickshank, MBA”CEO

NINE MILE METALS ANNOUNCES PHASE 1 BULK SAMPLE UPDATE AT NINE MILE BROOK HIGH GRADE LENS OF 13.71% CUEQ OVER 15.10M

TORONTO, ON, Monday, March 2nd , 2026 – NINE MILE METALS LTD. (CSE: NINE, OTC-PINK: VMSXF, FSE: KQ9)-(the “Company” or “Nine Mile”) is pleased to announce that it is conducting Bulk Sample Metallurgical Analysis on the Nine Mile Brook VMS High Grade Lens with SGS Canada and Glencore Canada. Glencore and SGS will be conducting their own collaborated scope of work, including sample preparation, assaying, mineralogical studies, and metallurgical testing. SGS will provide (2) specific samples to Glencore, who will be conducting their own metallurgical – mineralogical analysis for their Horne Smelter in Rouyn-Noranda, Quebec. HIGHLIGHTS: (2) Nine Mile Brook Lens representative samples will be collected, one from the high-grade Cu portion, a second from the Pb-Zn-Ag end of the Lens, weighing up to 1 Tonne each. The samples will be placed in large totes, shrink wrapped and shipped to SGS in Lakefield, Ontario for crushing, grinding, Assay, Mineralogical and Metallurgical Analysis. In addition, DDH NM220004 Drill Core representing the entire 15.10m intersection of High-Grade Cu will be shipped to SGS Canada for 1st phase grinding & preparation and forwarded to Glencore for their proprietary IsaMILLTM Technology and metallurgical analysis. SGS will crush the Cu Rich Sample according to Glencore’s parameters. Glencore’s IsaMILLTM technology is the world’s only horizontal high speed stirred media mill designed for energy efficient ultrafine grinding in mining of base metals in a reliable compact scalable footprint. Nine Mile Metals will also deliver Drill Core representative of the entire Cu intersection to SGS to Crush to the same specifications requested by Glencore and deliver the sample accordingly. Glencore will have both a large sample and an entire drill intersect sample for IsaMILLTM process & Metallurgical Analysis. SGS will do a mineralogical scan, Bond Test to determine hardness, and conduct head grade analysis for Cu, Pb, Zn, Fe, S, Au, Ag, and Indium. Metallurgical testing will follow including gravity tests to assess copper recovery. SGS will also conduct (6) floatation tests to assess metallurgical response. Previous investigative work by RPC Science and Engineering (RPC) on potential Cu-Pb-Zn recovery of the lens material identified anomalous Indium in the deposit, a critical mineral used in semiconductors, electronics, and aerospace industries. SGS is the World’s Leading Testing, Inspecting and Certification company, operating in 115 countries operating over 2500 Laboratories. A Swiss company of excellence helping organizations achieve the highest level of quality, compliance, and sustainability. The required Notice of Planned Work has been submitted for the Project. TABLE 1: Assay Summary, DDH-NM220004, Nine Mile Brook 2022 DDH-NM220004 Certified Assays Cu% Zn% Pb% Ag (g/t) Ag (oz) Au (g/t) Cu Eq % From To Width TOTAL 0.00m 15.10m 15.10m 10.12 1.00 1.41 91.47 2.94 0.84 13.71 TABLE 2: Certified Assays, Nine Mile Brook Drill Program 2022 – Previously Released (7-8-2022)  DDH HOLE – NM220004 (CERTIFIED LAB RESULTS) (15.10 Continuous Meters – Sampled) Sample # From To Width Cu % Zn % Pb % Ag g/t Ag (oz) Au g/t Cu Eq % 683529 0.00 1.20 1.20 m 0.94 2.22 0.83 12.00 0.39 0.24 2.18 683530 1.20 1.50 0.30 m 7.40 17.70 8.56 188.00 6.05 2.06 19.88 683531 1.50 2.50 1.00 m 12.80 1.19 3.60 177.00 5.69 0.896 18.76 683532 2.50 3.50 1.00 m 18.55 0.26 0.36 64.00 2.06 0.552 20.81 683533 3.50 4.50 1.00 m 11.80 0.30 0.59 78.00 2.51 1.64 15.81 683534 4.50 5.50 1.00 m 16.85 0.57 0.98 125.00 4.02 1.13 21.4 683535 5.50 6.50 1.00 m 12.65 1.19 7.89 212.00 6.82 0.842 19.94 683536 6.50 7.56 1.06 m 16.10 0.70 0.60 153.00 4.92 1.765 22.06 683537 7.56 8.56 1.00 m 4.33 0.16 0.07 10.00 0.32 0.152 4.8 683538 8.56 9.56 1.00 m 3.68 0.08 0.06 6.00 0.19 0.158 4.05 683539 9.56 10.00 0.44 m 0.47 0.13 0.02 2.00 0.06 0.376 1.03 683540 10.00 10.68 0.68 m 3.93 0.07 0.07 19.00 0.61 0.523 5.1 683541 Standard 683542 10.68 11.68 1.00 m 15.45 2.03 2.45 173.00 5.56 1.055 21.55 683543 11.68 12.68 1.00 m 12.40 0.26 0.37 91.00 2.93 0.902 15.72 683544 12.68 13.68 1.00 m 11.90 0.07 0.48 126.00 4.05 1.39 16.61 683545 13.68 14.10 0.42 m 14.80 0.09 0.42 139.00 4.47 1.465 19.90 683546 14.10 15.10 1.00 m 2.83 0.08 0.06 14.00 0.45 0.118 3.33 TOTAL 0.00 15.10 15.10 m 10.12 1.00 1.41 91.47 2.94 0.84 13.71 Including Zone 1 VMS 1.20 7.56 m 6.36 m 14.46 1.50 2.61 137.51 4.42 1.19 19.83 Zone 2 Seds 7.56 m 10.68 m 3.12 m 3.49 0.11 0.06 9.55 0.30 0.27 4.09 Zone 3 VMS 10.68 m 4.10 m 3.42 m 13.44 0.70 1.02 131.11 4.22 1.16 13.44 Gary Lohman, P.Geo., VP Exploration & Director stated “This is a critical phase for our Bulk Sample Program at Nine Mile Brook. This is an extremely High-Grade Lens (13.71% CuEq over 15.10m) and we will test the direct to Smelter Option through Glencore’s Analysis & Metallurgical testing. This is a key milestone for us and look forward to announcing the results and our path forward to completion.” Patrick J. Cruickshank, MBA, CEO & Director, stated “ We are extremely excited to enter Phase #1 of our Nine Mile Brook High Grade VMS Lens up to 22.06% CuEq intersections. This is the culmination of over 1 year of discussion, analysis, and design creating a path forward for our High-Grade Lens Bulk Sample Project. We would like to thank our Technical Team, SGS Canada, in Lakefield Ontario, and the Glencore Technology Group in Australia & New York. Endless months of defining this stage and now we are moving forward to execute on it. We look forward to reporting on Phase #1 results and initiating Phase #2.“ Figure 2: DDH – NM2200004 Core Samples #683531 (18.76% CuEq) and #683532 (20.81% CuEq) Analysis and QAQC All samples were submitted to and analyzed at ALS Global, an independent commercial laboratory for both the sample preparation and assaying. ALS is a commercial laboratory independent of Nine Mile Metals Ltd. Samples submitted through ALS are run through standard preparation methods and analysed using

NINE MILE METALS ANNOUNCES CERTIFIED ASSAYS FROM DDH-WD-25-02 OF 2.78% CUEQ OVER 32.10 METERS, INCLUDING 4.78% CUEQ OVER 11.52 METERS AND 5.64% CUEQ OVER 6.02 METERS

TORONTO, ON, Tuesday, February 17th, 2026 – NINE MILE METALS LTD. (CSE: NINE, OTC-PINK: VMSXF, FSE: KQ9)-(the “Company” or “Nine Mile”) is pleased to announce it has received certified assays for drill hole WD-25-02 at the Wedge Mine situated in the renowned Bathurst Mining Camp, New Brunswick (BMC). WD-25-02 HIGHLIGHTS: DDH WD-25-02 was collared on the same drill pad as WD-25-01 and drilled at an azimuth of 310 degrees and a dip of -50 degrees to a depth of 203 meters to expand on the mineralization intersected in drill hole WD-25-01. Collared in the hanging wall sediments, the drill hole intersected 32.10 meters of Cu bearing mineralization within a sediment / volcanic package that includes 3 distinct VMS (Cu, Pb, Zn, Ag, Au) horizons between 138.72 and 170.82 m., (Table 1). In addition to copper bearing sulphides, the 3 Horizons are further characterized by elevated Ag and Au, with assays up to 70 g/t Ag and 1.19 g/t Au respectively. Horizon 1 mineralization consists of Cu bearing pyritic VMS and has a true width of 2.5 meters (138.72 – 141.22 m.) occurring at a brecciated contact between sheared graphitic argillite and massive VMS, assaying 3.09% Cu, 1.02% Pb, 4.88% Zn, 61.57 g/t Ag, and 1.01 g/t Au. Horizon 2 is defined by a sequence of weakly mineralized (Py, Cpy) and massive copper bearing sulphides (VMS- Cu, Pb, Zn, Ag, Au) between 150.30 and 165.32 m., a true width of 15.02 meters, assaying 2.14% Cu, 0.52% Pb, 1.00 % Zn, 11 g/t Ag, and 0.40 g/t Au. Included in Horizon 2 is 6.02 meter (true width) of massive VMS mineralization between 159.30 – 165.32 m. assaying 4.63% Cu, 0.27% Pb, 0.79% Zn, 12.50 g/t Ag, and 0.42 g/t Au. Within this interval, sample 338291 was the highest Cu assay in the drill hole, returning 6.52% over 1 meter between 161.30 – 162.30 meters (Figure 5), further confirming the presence of exceptional grade potential at the Wedge. Horizon 3 is a 2.82-meter intercept (true width) of massive VMS (Cu, Pb, Zn, Ag, Au) assaying 2.91% Cu, 0.96% Pb, 7.13% Zn, 36.65 g/t Ag, and 0.72 g/t Au. TABLE 1: Assay Summary (Weighted Averages) From (m) To (m) Width (m) Cu % Pb (%) Zn (%) Ag (g/t) Au (g/t) Cu Eq Overall Mineralization 138.72 170.82 32.10 1.53 0.47 1.81 14.09 0.35 2.78 Horizon 1 138.72 141.22 2.50 3.09 1.02 4.88 61.57 1.01 6.95 Horizon 2 150.30 165.32 15.02 2.14 0.52 1.00 11.00 0.40 3.19 Includes 159.30 170.82 11.52 3.20 0.48 2.48 17.00 0.43 4.78 159.30 165.32 6.02 4.63 0.27 0.79 12.50 0.42 5.64 Horizon 3 168.00 170.82 2.82 2.91 0.96 7.13 36.65 0.72 6.49 Mike Dufresne, Technical Team & President of Apex Geoscience stated “ Well it is quite thrilling to see the increase in Cu grades to the West in the VMS and mostly coincident with increase gold and roughly approximating the Conductive Plate Modelling. The Copper and Gold is well associated.” Horizon 1: Horizon 1 mineralization occurs at a graphitic argillite, massive pyritic VMS contact. The mineralization is fine grained with some visible chalcopyrite and minor galena (Pb) and sphalerite (Zn). The sheared graphitic contact is a marker horizon with the same style of VMS mineralization also occurring in drill holes WD-25-01, WD-25-2B, WD-W5-04 and WD-25-05. TABLE 2: Horizon 1 Certified Assays, (138.72 – 141.22 meters) Sample From To Width Ag Au Cu Pb Zn Cu Eq # (m.) (m.) (m.) g/t g/t % % % % 338267 138.72 139.18 0.46 22 0.52 0.769 0.414 2.10 2.45 338268 139.18 140.18 1.00 71 1.06 4.22 1.150 3.58 8.01 338269 140.18 141.22 1.04 70 1.19 3.02 1.175 7.36 7.94 “We are quite pleased by the results from WD-25-02. Not only do the assays confirm the presence of copper at depth, but the multi-element nature of the VMS mineralization is best reflected in the copper equivalent calculations where the presence of Ag, Au and Zn significantly changes the rock value. We will report on the assays from drill hole WD-25-01 as soon as the lab completes analysis of elements that were over limit. With the assays arriving and compilation – modeling underway, permitting of additional drill holes in the west will allow us to expand on the success of this program. Down hole geophysics (BHEM) is planned for the 2 holes collared in the northwest and select drill holes in the south to target additional mineralization along strike and at depth as these deposits typically have multiple, mineralized lenses that can pinch and swell. ” commented Gary Lohman, P.Geo., VP Exploration & Director. Horizon 2: The first appearance of copper mineralization in Zone 2 occurs at 150.30 – 154.40 meters with local chalcopyrite noted within a sedimentary sequence. A contact zone followed by a small void between 155.00 – 158.00 meters where VMS mineralization is present on both the upper and lower sides, the latter consisting of 95% sulphides. Visible semi massive to massive chalcopyrite is seen throughout the sequence (Figure 5 below). TABLE 3: Horizon 2 Certified Assays, (150.30 – 165.32 meters) Sample From To Width Ag Au Cu Pb Zn Cu Eq # (m.) (m.) (m.) g/t g/t % % % % 338280 150.30 150.90 0.60 7 0.227 0.250 0.318 0.607 0.88 338281 150.90 151.90 1.00 11 0.423 0.292 0.776 1.22 1.46 338282 151.90 152.90 1.00 16 0.532 0.440 0.633 1.15 1.80 338283 152.90 153.90 1.00 3 0.058 0.047 0.175 0.504 0.05 338284 153.90 154.40 0.50 4 0.064 0.020 0.538 0.436 0.37 338285 154.40 155.00 0.60 27 0.600 0.523 2.730 3.83 3.18 338286 155.00 158.00 3.00 10 0.558 0.823 0.674 0.98 2.11 338287 158.00 158.30 0.30 7 0.416 0.911 0.152 0.343 1.68 338288 158.30 159.30 1.00 5 0.107 0.200 0.366 1.37 0.84 338289 159.30 160.30 1.00 16 0.340 4.50 0.642 0.50 5.46 338290 160.30 161.30 1.00 9 0.363 5.92 0.074 0.294 6.63 338291 161.30 162.30 1.00 16 0.453 6.52 0.254 1.025 7.69 338292 162.30 163.30 1.00 16 0.394 4.42 0.456 0.579 5.44 338293 163.30

NINE MILE METALS INTERSECTS 44 METERS OF COPPER MINERALIZATION  AND PROVIDES DRILL PROGRAM UPDATE

TORONTO, ONTARIO, CANADA – Tuesday, February 10TH, 2026, NINE MILE METALS LTD. (CSE: NINE, OTCPINK: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”), is pleased to provide the details of drill hole WD-25-05 in addition to a summary of the 2025 drill program completed in December at the Wedge Project. Drillhole WD-25-05: DDH WD-25-05 collared on the same drill pad as WD-25-01 and drilled at an azimuth of 310 degrees and a dip of -60 to a final depth of 275 meters. DDH-WD-25-05 was successful, intersecting massive VMS (Cu, Pb, Zn, Ag, Au) mineralization between 155.52 – 157.80 meters (Figure 1) followed by 40 meters of mineralized felsic volcanics (rhyolite) as seen in Figure 2 between 157.80 and 197.80 meters before terminating in sediments. Mineralization consisted of both pyrite and chalcopyrite as disseminations, masses, and associated with quartz bands parallel to bedding. All drill core has been measured, logged, photographed, marked, and cut for sampling at the company’s warehouse in Bathurst, New Brunswick. A quick XRF analysis was also completed for sulphide confirmation – filtering and width identification in definition for sampling core for Actlabs Analysis. A total of 55 sections were delivered to ALS Global in Moncton, New Brunswick for Base and Precious Metals analysis, including Antimony. Drill Holes BHEM -01 and BHEM-02: Both drill holes were collared on permitted drill pads in the northwest along the western extension (Figure 4). The drill core for both BHEM-01 and BHEM-02 were solid with minimal faulting / fracturing in the host sediments providing ideal drill holes for surveying and subsequent follow up. Collared outside of known mineralization, the holes are well positioned to locate and model adjacent mineralization with no interference from a conductive source within the drill hole. Both holes are capped and easily accessible, the drill pads available for extending drilling further west and if required, additional depth. Gary Lohman, VP Exploration, Director stated, “ Our Wedge Drill Program has been very successful, intersecting Massive Cu bearing VMS where targeted in the western extension of the Wedge Deposit, as designed. Two holes were also drilled in the Northwest area to facilitate an upcoming BHEM survey, their locations in solid rock on the flanks of previous underground workings. In addition to identifying additional mineralization, the size and scale of the individual geological units and results from the upcoming BHEM program will assist in modeling the deposit and targeting additional drilling along the western extension. After our successful drilling in the southern lower extension of the deposit, our knowledge of the deposit and mineralization has increased and identified new areas of priority that were not permitted for this past drill program. We have identified new drill collar locations to continue to test the Copper Zone on the western extension in addition to potential locations that avoid the shear zone in the south. New permitting is underway in preparation of an exciting 2026 campaign at the Wedge, including our West Wedge and Tribag Target Trend drill programs”. 2025 Drill Program Overview: The program consisted of 7 drill holes totaling 1,654 meters with 5 holes targeting copper mineralization in the western extension of the Wedge Mine with two additional holes collared in the northwest to facilitate BHEM (Bore Hole Electromagnetic) surveying this spring. The goal is to map the depth of the deposit and define the new copper zone. We should also be able to map the western parameters of the deposit, heading west towards the Tribag and West Wedge along trend. The 2025 drill program was highly successful, with all five drill holes targeting copper mineralization intersecting both massive VMS (Cu, Pb, Zn, Ag, Au) and banded copper sulphide mineralization. The two holes collared to facilitate BHEM geophysical surveying were also successful, collared in the northwest portion of the western extension, away from the large, graphitic shear zone that bounds the deposit in the south and west of the interpreted extent of previous, underground workings. BHEM surveying has its best results when drilled away from the mineralization and the magnetic interference. The five drill holes targeting mineralization were all collared in the southwest, crossing through a brecciated, graphitic shear zone (tectonic melange) before intersecting a well-defined massive VMS (Cu, Pb, Zn, Ag, Au) horizon. This is characteristic of the mineralized contact after which a sequence of intercalated sediments and volcanics are cut prior to the holes intersecting the main zone of VMS mineralization with mineralized widths between 13 and 48 meters. The VMS mineralization consisted of abundant pyrite and lesser chalcopyrite, sphalerite, and galena. Local, secondary copper, covellite (CuS) and bornite (Cu5FeS4), was also identified in drill holes WD-25-02 and WD-25-04. In the west, the metal zonation appears different than the drill holes completed in the east with the prevalence of a greater concentration of chalcopyrite and pyrite with lesser galena (Pb) and sphalerite (Zn). Although it is early in the process, we have confirmed the presence abundant chalcopyrite and coarser grained pyrite in the western extension. The key observations in this program include: Graphitic Shear Zone in contact with VMS confirmed as a diagnostic marker horizon in the southwest. Mineralized siliceous volcanics were intersected in numerous drill holes, defining an additional, mineralized sequence. VMS mineralization occurs in multiple horizons as seen in holes WD-25-01 and WD-25-02. The intersected units (Argillite, VMS and Felsic Volcanics) are of substantial width and extent which will assist in the 3D modeling of the deposit and subsequent drill hole targeting. Patrick J Cruickshank, MBA, CEO & Director stated “we are thrilled with the success of our Wedge Phase 2 Drill Program. To have all 5 holes strike mineralization was more than we expected. It is a testament to our Technical Team and specifically, Mike Dufresne and Gary Lohman. We already have identified Phase 3 Drill holes and are determined more than ever to expand this deposit’s footprint and expose this entire new 3rd High Grade Copper Lens. In addition, the BHEM surveys, the Phase 3 Wedge Drilling, the TriBag & West Wedge drilling

NINE MILE METALS ANNOUNCES COMPLETION OF DDH WD-25-04,  CONFIRMING 40M OF MINERALIZATION AT DEPTH

TORONTO, ONTARIO, CANADA – THURSDAY, JANUARY 22nd, 2026, NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”), is pleased to announce that the 4th drill hole in its Wedge Western Extension Drill Program (DDH-WD-25-04) has been completed. DDH WD-25-04 was collared on the same drill pad as WD-25-01 and drilled at an azimuth of 335 degrees and a dip of -60 degrees to a final depth of 239 meters to expand the mineralization in WD-25-01 at depth. DDH WD-25-04 was successful, with 40m of mineralization, first intersected at 158 meters and continuing to approximately 198 meters. Once again, secondary Copper, both Covellite and Bornite was present in the hole. At 158 meters, copper bearing sulphides (VMS – Cu-Pb-Zn-Ag-Au) was found in contact with sheared, graphitic sediments. Between 162.0 and 183 meters, the drill hole intersected a sequence of sheared silicified volcanics (rhyolite) with parallel bands of 5 – 8% sulphides including pyrite and chalcopyrite. At 183 meters, the volume of sulphides increases to 50- 60% with visible pyrite and chalcopyrite, the contrast in mineralization styles shown in Figure 1, the chalcopyrite occurring as both mineralized bands and as disseminations Figure 3. The sulphide mineralization in the drill hole occurs within silicified volcanics, the base of section brecciated before transitioning to sediments. FIGURE 1: Cu bearing VMS mineralization FIGURE 2: Chalcopyrite (CuFeS2) and Covellite (CuS) mineralization. FIGURE 3: Chalcopyrite occuring both mineralized bands and dissminations (left), VMS mineralization (right). Patrick J Cruickshank, CEO & Director stated “Our drill program successes continue with this 40m intersect of mineralization in this 4th drill hole WD-25-04. This is the 4th Hole of a planned 7, designed by our Technical Team headed by Mike Dufresne and Gary Lohman. The programs successes to date displays the hard work from all the 3D modelling of historical data, new geophysical work by our team and most important, our compilation, interpretation and hours of consultations with experts such as Jim Walker, PhD, from the ever-supportive NB DEM Team in Bathurst. Our Team is already laying the groundwork for the 2nd Phase of the Wedge program and the Tribag, West Wedge Program for this spring, testing this string of anomalies stretching over 6 kms west of our Wedge Deposit. The closing of our oversubscribed Financing ensures an extensive 2026-2027 Exploration Program at all four projects in our portfolio including our return to Nine Mile Brook . Our financial strength should allow us to have a lengthy program this year with the luxury of not having to raise for the foreseeable future reduced dilution risk for our shareholders. We look forward to continuing to update our shareholders with the completion of this program and the release of our Certified Assays.” FIGURE 4: Grey, Silicified Rhyolite, an important host of mineralization in the VMS System in the BMC FIGURE 5: Drill Hole Location, WD-25-04 Gary Lohman, Director, P.Geo., VP Exploration, stated ”The mineralization is massive in character, fine grained, with basic Fe (Pyrite) and Cu sulphides (Chalcopyrite – Covellite), mineralogy as we have seen in recent drilling. Visible covellite (CuS) was locally present, adding a high grade component to the system. Again, these values explain what we are seeing in our drill core from our first 3 holes. (WD-25-01 & WD-25-02 & WD-25-02B). We are extremely encouraged and look forward to the WD-25-01 Certified Drill Core Assay Results.” Patrick J. Cruickshank, MBA, CEO & Director, stated “Our current Wedge Program continues to demonstrate the high-grade quality of the sampling of this deposit. These results are simply outstanding. Our current Drill Program was designed with this quality of mineralization below and I believe our 1st (3) announced drill holes clearly demonstrates this success. This is definitely a special copper rich deposit. We look forward to sharing our summary of our next drill hole in our program.” Qualified Person The technical content of this news release pertaining to the Wedge Project was reviewed and approved by Gary Lohman, P.Geo., a non-independent qualified person as defined by National Instrument 43-101. Copper Equivalent (Cu-Eq) for these surface grab samples is calculated based on December 16, 2025, pricing: US$ 5.35/lb Cu, US$ 0.88/lb Pb, US$ 1.37/lb Zn, US$ 67.10/oz Ag, and US$ 4337.70/oz Au, with 80% metallurgical recoveries assumed for all metals. Since it is unclear which metals will be the principal products, assuming different recoveries is premature at this stage. Therefore, an 80% recovery rate is justified. About Nine Mile Metals Ltd.: Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS Project; California Lake VMS Project; and the Canoe Landing Lake (East – West) Project and the Wedge VMS Project. The Company is focused on exploration of Minerals for Technology (MFT), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold. Social Media [post-footer-social-links] ON BEHALF OF NINE MILE METALS LTD. “Patrick J. Cruickshank, MBA” CEO and Director T: +1.506-800-0581 E: info@ninemilemetals.com Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include that (a) our Geophysics Program will turn its focus next to the Nine Mile Brook Project and our Eastern Portfolio, (b) both Plates A and C are large, massive, strong conductors, having both the length and depth parameters for a potentially large, mineralized body consistent with

Nine mile metals ANNOUNCES CLOSING OF LIFE OFFERING

Not for distribution to United States newswire services or for dissemination in the United States [geo-restriction] TORONTO, ONTARIO – January 21, 2026 – Nine Mile Metals Ltd. (CSE: NINE) (OTC Pink: VMSXF) (FSE: KQ9) (“Nine Mile” or the “Company”) is pleased to announce that it has closed its previously announced private placement for gross proceeds of $4,631,250 through the issuance of 24,374,997 units of the Company (each, a “Unit”) at a price of $0.19 per Unit (the “Offering”). Each Unit is comprised of one (1) common share of the Company (a “Common Share”) and one (1) common share purchase warrant of the Company (a “Warrant”), with each Warrant exercisable into one (1) Common Share at a price of $0.30 for a period of two (2) years, provided that if the daily volume-weighted average trading price of the Common Shares on the CSE equals or exceeds $0.50 for ten (10) consecutive trading days, the Company may, at its discretion, accelerate the expiry date of the Warrants by providing not less than thirty (30) days’ notice to Warrant holders via press release. Patrick J. Cruickshank, CEO & Director, commented: “We are encouraged by the significant investor interest in this financing, which resulted in the offering being oversubscribed. This support enables us to accelerate our growth initiatives while maintaining a disciplined approach to capital allocation. In addition to the Offering, the Company has received over $1 million from the exercise of warrants during the past few weeks. We are positioned strongly for the next 24 months and the new capital will enable us to execute an extensive exploration program for the next 2 years.” In accordance with National Instrument 45-106 – Prospectus Exemptions (“NI 45-106“), the Units were issued to Canadian purchasers pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the “Listed Issuer Financing Exemption“). The Common Shares and Warrants issued to purchasers resident in Canada are immediately freely tradeable in accordance with applicable Canadian securities laws. There is an offering document related to the Offering and the use by the Company of the Listed Issuer Financing Exemption that can be accessed under the Company’s profile on SEDAR+ at www.sedarplus.ca and on the Company’s website at https://ninemilemetals.com/. In connection with the Offering, the Company paid finders fees of $279,667.52 and issued 1,471,934 finders warrants (the “Finders Warrants”). Each Finders Warrant will be exercisable for one (1) additional Unit at a price of $0.19 for a period of two (2) years. Each Unit is comprised of one (1) Common Share and one (1) Warrant. Each Warrant entitles the holder thereof to acquire one (1) Common Share at a price of $0.30 for a period of two (2) years, subject to the same acceleration as the Warrants issued under the Offering. The Finders Warrants and the underlying securities will be subject to a statutory hold period in Canada of four (4) months and one (1) day after the date of issuance. The Company intends to use the proceeds of the Offering for (i) exploration activities and related expenses on its critical minerals projects in the Bathurst Mining Camp; and (ii) general and administrative obligations. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. [/geo-restriction] About Nine Mile Metals Ltd.: Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS Project; California Lake VMS Project; and the Canoe Landing Lake (East – West) Project and the Wedge VMS Project. The Company is focused on exploration of Minerals for Technology (MFT), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold. ON BEHALF OF NINE MILE METALS LTD. “Patrick J. Cruickshank, MBA” CEO and Director T: 506-804-6117 E: patrick@ninemilemetals.com Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include that (a) our Geophysics Program will turn its focus next to the Nine Mile Brook Project and our Eastern Portfolio, (b) both Plates A and C are large, massive, strong conductors, having both the length and depth parameters for a potentially large, mineralized body consistent with example deposits throughout the BMC, and (c) we look forward to announcing our Phase 2 Advanced Geophysics results, including full interpretations and high priority targets for our Western Portfolio. Although Nine Mile believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Nine Mile can give no assurance that they will prove to be correct. The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

Nine mile metals ANNOUNCES UPSIZING OF LIFE OFFERING

Not for distribution to United States newswire services or for dissemination in the United States [geo-restriction] Toronto, Ontario – January 13, 2026 – Nine Mile Metals Ltd. (CSE: NINE) (OTC Pink: VMSXF) (FSE: KQ9) (“Nine Mile” or the “Company”) is pleased to announce that, due to strong investor demand, it has upsized the listed issuer financing exemption offering previously announced on January 5, 2026 (the “Offering”) from gross proceeds of up to $4 million to gross proceeds of up to $6.2 million Each Unit is comprised of one (1) common share of the Company (a “Common Share”) and one (1) common share purchase warrant of the Company (a “Warrant”), with each Warrant exercisable into one (1) Common Share at a price of $0.30 for a period of two (2) years, subject to the acceleration provision disclosed herein. Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45- 106 – Prospectus Exemptions (“NI 45-106”), the Units will be offered for sale to purchasers resident in all provinces of Canada, other than Quebec, and/or other qualifying jurisdictions pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the “Listed Issuer Financing Exemption”). The Units issued to Canadian resident subscribers under the Listed Issuer Financing Exemption, and the Common Shares and Warrants underlying the Units, will not be subject to a hold period pursuant to applicable Canadian securities laws. The Offering is expected to close on or about January 20, 2026 (the “Closing Date”), or such other date as the Company may determine, and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals. The Company may pay finder’s fees in connection with the Offering comprised of cash equal to 8% of the gross proceeds of the Offering and finder warrants (the “Finders Warrants”) equal to 8% of the number of Units issued under the Offering. Each Finders Warrant will be exercisable for one (1) additional Unit at a price of $0.19 for a period of two (2) years. Each Unit is comprised of one (1) Common Share and one (1) Warrant. Each Warrant entitles the holder thereof to acquire one (1) Common Share at a price of $0.30 for a period of two (2) years. The Finders Warrants will be subject to a statutory hold period in Canada of four (4) months and one (1) day after the date of issuance. Following the Closing Date, if the daily volume-weighted average trading price of the Common Shares on the CSE equals or exceeds $0.50 at the close of any trading day for ten (10) consecutive trading days, the Company may, at its discretion, accelerate the expiry date of the Warrants by providing not less than thirty (30) days’ notice to Warrant holders via press release. The Company intends to use the proceeds of the Offering for (i) exploration activities and related expenses on its critical minerals projects in the Bathurst Mining Camp; and (ii) general and administrative obligations. In connection with the upsizing, the Company has filed an amended and restated offering document related to the Offering and the use by the Company of the Listed Issuer Financing Exemption under the Company’s profile on SEDAR+ and has also made it available on the Company’s website. Prospective investors should read the amended and restated offering document before making an investment decision. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. [/geo-restriction] About Nine Mile Metals Ltd.: Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS Project; California Lake VMS Project; and the Canoe Landing Lake (East – West) Project and the Wedge VMS Project. The Company is focused on exploration of Minerals for Technology (MFT), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold. ON BEHALF OF NINE MILE METALS LTD. “Patrick J. Cruickshank, MBA” CEO and Director T: 506-804-6117 E: patrick@ninemilemetals.com Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include that (a) our Geophysics Program will turn its focus next to the Nine Mile Brook Project and our Eastern Portfolio, (b) both Plates A and C are large, massive, strong conductors, having both the length and depth parameters for a potentially large, mineralized body consistent with example deposits throughout the BMC, and (c) we look forward to announcing our Phase 2 Advanced Geophysics results, including full interpretations and high priority targets for our Western Portfolio. Although Nine Mile believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Nine Mile can give no assurance that they will prove to be correct.

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