Canamera Announces Rights Offering

Canamera Energy Metals Corp. (CSE: EMET) (OTCQB: EMETF) (FSE: 4LF0) ("Canamera" or the "Company") is pleased to announce it is conducting a rights offering to raise gross proceeds of up to $765,246.13.

The Company will be offering 76,524,613 rights (the "Rights") to holders of its common shares (the "Shareholders") at the market close on the record date of September 16, 2026 (the "Record Date") on the basis of one (1) right for each one (1) common share held (the "Rights Offering"). Each one (1) Right will entitle the holder to subscribe for one common share of the Company (a "Share") upon payment of a subscription price of $0.01 per Share (the "Basic Subscription Privilege").

Pricing of the Rights Offering is governed by the Canadian Securities Exchange (the "CSE") policies, which require the Company to offer existing shareholders a discount to purchase new Shares in order to provide a meaningful incentive to all Shareholders to participate in the Rights Offering.

Upon completion of the Rights Offering and assuming all Rights are exercised, the Company will have 153,049,226 Shares outstanding on a pre-Consolidation (as defined below) basis, of which the Shares issued under the Rights Offering represent 50%.

The Company has also entered into a standby guaranty agreement with 1357508 B.C. Ltd. and Nico Consulting Inc. (collectively, the "Standby Guarantors") dated September 10, 2026, pursuant to which the Standby Guarantors have agreed to subscribe for such number of Shares as is necessary to fully guarantee the Rights Offering for an aggregate price of $765,246.13 (the "Standby Guaranty").

Currently, the Standby Guarantors collectively hold 2,982,475 Shares representing 3.90% of the Company's total issued and outstanding Shares. If the Standby Guarantors acquire all of the Shares under the Standby Guaranty and their Basic Subscription Privilege, the Standby Guarantors will hold 79,507,088 Shares.

In consideration for providing the Standby Guaranty, the Company will pay to the Standby Guarantors an aggregate standby fee equal to 5% of the total amount of the Standby Guaranty. In addition, as consideration for their Standby Guaranty, the Company will issue non-transferable bonus Share purchase warrants to the Standby Guarantors entitling them to purchase up to a total of 7,652,460 Shares (3,826,230 per Standby Guarantor), being 10% of the total number of Shares the Standby Guarantors have committed to purchase, at a price of $0.18 per Share for a period of 5 years from the Expiry Date (as defined herein).

The Rights Offering will expire at 4:00 p.m. (Vancouver time) (the "Expiry Time") on October 9, 2026 (the "Expiry Date"), after which time unexercised Rights will be void and of no value.

Shareholders who fully exercise their Rights under the Basic Subscription Privilege will be entitled to subscribe for additional Shares, if available, as a result of unexercised Rights prior to the Expiry Time, subject to certain limitations as set out in the Company's Rights Offering circular dated September 14, 2026 (the "Circular"), which will be filed on SEDAR+ under Canamera's profile at www.sedarplus.ca .

The Company expects to close the Rights Offering on or before October 15, 2026.

The Rights will be offered to Shareholders resident in (i) all the provinces and territories of Canada (except Quebec) and (ii) all jurisdictions outside Canada and the United States, excluding any jurisdiction that does not provide a prospectus exemption substantially similar to the exemption provided in Canada or that otherwise requires obtaining any approvals of a regulatory authority in such jurisdiction or the filing of any document by Canamera in such jurisdiction in connection with the Rights Offering (collectively, the "Eligible Jurisdictions"). The Rights are being offered only to Shareholders resident in Eligible Jurisdictions ("Eligible Holders").