Adoption of Omnibus Incentive Plan & Private Placement Update

Core Viewpoint - iMetal Resources Inc. has successfully adopted a new omnibus incentive plan approved by shareholders, which includes the grant of stock options and other equity-based incentives [1] Group 1: Incentive Plan Details - The new omnibus incentive plan reserves up to 10% of the outstanding common share capital for the grant of stock options [1] - An additional 1,007,465 shares are reserved for the grant of restricted share units and deferred share units [1] - Shareholders approved the plan during the annual general and special meeting held on August 7, 2025 [1] Group 2: Private Placement Update - The company corrected the number of units issued in its $0.13 flow-through unit private placement, reporting a total of 4,164,623 units for gross proceeds of $541,400.99 [2] - All other terms of the private placement remain unchanged from the previous announcement [2] Group 3: Company Overview - iMetal Resources Inc. is a Canadian junior exploration company focused on resource properties in Ontario and Quebec [3] - The flagship property, Gowganda West, is an exploration-stage gold project with a recent discovery of 48.5 meters at 0.85 g/t gold [3] - The Ghost Mountain property is located near Agnico Eagle's Holt and Holloway Mine, while the Carheil project has multi-metal potential and previous graphite results [3]