February 9, 2026 – TheNewswire - Toronto, ON - Total Metals Corp. (“Total Metals” or the “Company”) (TSX-V: TT) (OTCQB: TTTMF) (FSE: O4N) is pleased to announce the mobilization of an additional diamond drill rig at its 100% owned Electrolode Critical Minerals Project in the prolific Red Lake mining district of Ontario. Building on the momentum of our 5,500-metre winter drill program launched in late January 2026, the additional 2nd rig will expand the program scope and accelerate testing of high-priority ...

Core Viewpoint - Total Metals Corp. has revised the terms of its non-brokered private placement to raise up to $10 million through the issuance of units priced at $0.60 each [1][2]. Group 1: Offering Details - The Offering will consist of up to 16,666,666 units, each unit comprising one common share and one common share purchase warrant [2]. - Each warrant will allow the purchase of an additional common share at a price of $0.90 per share for a period of 36 months from issuance [2]. - The Offering will be available to accredited investors under National Instrument 45-106 and other applicable exemptions [3]. Group 2: Company Overview - Total Metals Corp. focuses on the acquisition, exploration, and development of mineral properties in the Red Lake mining district of Northern Ontario, Canada [4]. - The company owns 100% of the Electrolode Project, which covers 3,000 contiguous hectares and has significant historical drilling and modern airborne geophysics [4]. - The Electrolode Project targets high-potential mineral resources in three favorable geologic trends and is strategically located near major mines [4]. - The project is fully permitted for exploration drilling and contains 10 historic mineralized zones with significant expansion potential [4].

Core Viewpoint - Total Metals Corp. has initiated exploration on its 100% owned Electrolode Project, strategically located in the Red Lake District of Northwestern Ontario, with plans for a comprehensive exploration program in 2025 and an anticipated drill program in 2026 [1][8]. Group 1: Exploration Program - The 2025 exploration program will focus on rehabilitating existing infrastructure, sampling historical drill-core for gold, and conducting sampling and mapping in priority target areas [1]. - The exploration will be led by Tim Twomey, an expert in structural geology and Archean lode gold deposits, who aims to test new ideas and explore untested gold potential in the project [2]. Group 2: Leadership and Expertise - Michael Dehn has been appointed as Executive Chairman, bringing 30 years of experience in Canadian exploration and mining, particularly in the Red Lake gold district [3]. - Dehn's background includes significant roles at Goldcorp and a strong understanding of corporate strategy, capital markets, and community stewardship, positioning him as a qualified leader for Total Metals [4][5]. Group 3: Project Details - The Electrolode Project covers 3,000 contiguous hectares and has a history of substantial drilling and modern airborne geophysics, targeting high-potential mineral resources in three favorable geologic trends [8]. - The project is fully permitted for exploration drilling and contains 10 historic mineralized zones with significant expansion potential, along with new, untested targets ready for exploration [8]. Group 4: Marketing Engagement - Total Metals has engaged GRA Enterprises LLC, operating as the National Inflation Association, for dynamic marketing services, including social media management and digital advertising, for a fee of $100,000 USD over 12 months [6].