Western Metallica Sources Corp. Extends Exclusivity Interval With Ajax Sources on the Exclusivity and Binding Choice Settlement for the Nueva Celti Copper Challenge

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TORONTO — Western Metallica Sources Corp. (TSXV: WMS) (“Western Metallica” or the “Firm”) pronounces the extension of the exclusivity interval to November 30, 2026 on the Exclusivity and Binding Choice Settlement (the “Choice Settlement“) with AJAX Sources PLC. (AQSE: AJAX) (“AJAX“), pursuant to which Ajax has secured an unique and irrevocable possibility to accumulate 100% of the issued share capital of Western Metallica, S.L., a completely owned Spanish subsidiary of Western Metallica which owns the Nueva Celti Copper Challenge situated in Andalusia, Spain (the “Proposed Acquisition”) (See information releases dated August 7, 2026 and September 23, 2026).

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Commercial 1

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The Firm has obtained TSXV conditional approval for the transaction topic to the completion of assorted closing circumstances, together with with out limitation, shareholder approval.

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About Western Metallica Sources Corp.

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Western Metallica is an Ontario firm with its head workplace in Toronto, Ontario. Western Metallica is within the enterprise of mineral useful resource exploration and growth, its principal asset is its 100% owned Penedela Gold Property within the “Navelgas Gold Belt” in Asturias, Spain. Western Metallica additionally has an curiosity in two different Spanish gold initiatives within the “Navelgas Gold Belt” in Asturias (Valledor and Sierra Alta) and one challenge situated in Andalucia (Nueva Celti).

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Cautionary Be aware Relating to Ahead-Trying Info

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This information launch accommodates forward-looking info that entails substantial identified and unknown dangers and uncertainties, most of that are past the management of Western Metallica Sources Corp. Ahead wanting statements are topic to dangers and uncertainties which will trigger precise outcomes, efficiency or developments to vary materially from these contained within the statements, together with dangers associated to components past the management of the Firm. The forward-looking info contained on this press launch, contains, however just isn’t restricted to, completion and timing of the Consolidation and the Debt Settlement and approval thereof by the TSXV and the Firm’s shareholders, the anticipated advantages of the Consolidation and the Debt Settlement and the Firm’s future plans. Though Western Metallica Sources Corp. believes that the assumptions and components utilized in making ready the forward-looking info on this information launch are affordable, undue reliance shouldn’t be positioned on such info, which solely applies as of the date of this information launch, and no assurance may be provided that such occasions will happen within the disclosed time frames or in any respect. Western Metallica Sources Corp. disclaims any intention or obligation to replace or revise any forward-looking info, whether or not because of new info, future occasions or in any other case, aside from as required by regulation.

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This Information Launch accommodates forward-looking statements. In some circumstances, you possibly can establish forward-looking statements by terminology similar to “might”, “ought to”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “proceed” or the destructive of those phrases or different comparable terminology. These statements are solely predictions and contain identified and unknown dangers, uncertainties and different components which will trigger our or our business’s precise outcomes, ranges of exercise, efficiency or achievements to be materially totally different from any future outcomes, ranges of exercise, efficiency or achievements expressed or implied by these forward-looking statements.

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Neither TSX Enterprise Trade nor its Regulation Providers Supplier (as that time period is outlined in insurance policies of the TSX Enterprise Trade) accepts duty for the adequacy or accuracy of this launch.

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