NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVancouver, British Columbia – TheNewswire - January 15, 2026 – Emergent Metals Corp. (TSXV: EMR, OTC: EGMCF, FRA: EML, BSE: EML, MUN: ELM) (“Emergent” or the “Company”) is pleased to announce that it has completed the non-brokered private placement (the "Offering") described in its news releases of November 14 and December 24, 2025.  In connection with the closing of the Offering, the Company issued an aggrega ...

Core Viewpoint - Emergent Metals Corp. has appointed two new independent directors, Joseph Mullin and Michael Leahy, to strengthen its Board of Directors, enhancing the company's expertise in the mining industry [1][5]. Group 1: New Board Appointments - Joseph Mullin brings over two decades of international experience in metals and mining, having held leadership roles in various companies and previously worked as a financial analyst at Goldman Sachs [2]. - Michael Leahy has a strong background in corporate development and business strategy, with experience in both private and public sectors, and has served in leadership roles in technology and natural resources companies [3]. - The Board now consists of the President and CEO David Watkinson and four independent directors, providing a diverse mix of expertise in mining, geology, accounting, and business/finance [5]. Group 2: Golden Arrow Property Sale - Emergent has signed a Memorandum of Understanding to sell its Golden Arrow Property in Nevada to Fairchild Gold Corp., which includes 17 patented and 494 unpatented mineral claims [6]. - The transaction terms include the issuance of 12,500,000 common shares and a US$3.5 million Senior Secured Note by Fairchild, along with a 0.5% net smelter return royalty retained by Emergent [7][8][9]. - Fairchild will also be responsible for various costs associated with the property after the agreement is signed, and the transaction is subject to regulatory approval [12][14]. Group 3: York Claims Sale - Emergent has signed a binding term sheet to sell 27 unpatented lode mineral claims to Lahontan Gold Corp., which will allow for the potential expansion of Lahontan's resource [15]. - The terms of the York Transaction include a US$10,000 payment already made, a US$50,000 promissory note, and 2,000,000 common shares to be issued by Lahontan [16]. - Emergent will retain a 1% NSR royalty on the York Claims, with options for Lahontan to purchase the royalty at specified prices over time [16]. Group 4: Future Development Plans - Lahontan plans to drill on Emergent's West Santa Fe Property, seeking to validate historical data and expand known mineralization [17][18]. - The drilling program aims to explore areas of known gold and silver mineralization, with historical drilling indicating significant potential [17]. - Emergent's strategy focuses on monetizing its assets through sales, joint ventures, and royalties to create shareholder value [18].

Core Viewpoint - Emergent Metals Corp. has signed a Memorandum of Understanding to sell its Golden Arrow Property to Fairchild Gold, which includes cash payments, common shares, a senior secured note, and a royalty interest, aiming to monetize the asset in various timeframes [1][6]. Transaction Details - The transaction involves a non-refundable deposit of US$250,000 upon signing the MOU and an additional US$350,000 upon approval by the Toronto Venture Exchange [3]. - Fairchild will issue 12,500,000 common shares to Emergent, ensuring Emergent's ownership remains below 9.9% of Fairchild's outstanding shares [2]. - A Senior Secured Note will be issued with a principal amount of US$3,500,000, a term of five years, and an interest rate of 8.5% per annum, payable semi-annually [4]. Royalty and Additional Terms - Emergent retains a 0.5% net smelter return royalty on the Golden Arrow Property, with options for Fairchild to acquire the royalty at US$1,000,000 before the fourth anniversary or US$1,500,000 between the fourth and seventh anniversaries [5]. - Fairchild will also be responsible for various costs related to the property after the Definitive Agreement is signed, including maintenance fees and property taxes [5]. Strategic Implications - The transaction is seen as a way for Emergent to receive immediate cash and shares, ongoing interest payments, and potential long-term benefits from the royalty [6]. - Emergent's management believes that Fairchild is well-positioned to advance the Golden Arrow Property towards production, capitalizing on favorable market conditions for metals [6].