Military Metals Receives Mineral Exploration Grant from Government of Nova Scotia

Military Metals Corp. (CSE: MILI) (OTCQB: MILIF) (FSE: QN90) (the " Company " or "MILI") is pleased to report the Company has been awarded a $100,000 CAD exploration grant from the Government of Nova Scotia Department of Natural Resources Mineral Resource Development Fund (MRDF) in support of the Company's current exploration activity at the West Gore Antimony-Gold Project (or the " Project "). The grant funding will fund a portion of the ongoing diamond drilling campaign at the Project. The ongoing West Gore Antimony-Gold Project drill program was announced in a Company news release dated July 7th 2026, and is planned to include: Seven drillholes planned totaling 1750m Holes to target the down plunge extension of the past producing deposit below historical mine workings Holes to target the down plunge extension of the historically exploited Brook Vein occurrence and continuity of a significant historical intercept

The Company also announces that it has granted additional Performance Share Units (" PSUs ") of the Company to incentivize performance that aligns with current corporate needs. Specifically, the Company has granted 2,500,000 PSUs with 80% vesting upon corporate performance resulting in the successful reinstatement or renewal of the Trojárová Exploration Permit, and an additional 20% being granted in connection with corporate performance that enhances strategic operations related to Trojárová, measured by: (a) establishing four MOUs or similar letters of cooperation with Slovak ministries or agencies relevant to the Company's business and/or key European or international institutions; (b) Board approval of a written ESG strategy for Trojárová, including an outline of remediation and responsible development principles; and (c) Board approval and implementation of a stakeholder engagement strategy, including an action plan incorporating engagement with local communities in Slovakia (the " Vesting Conditions "). All PSUs are subject to the terms of the Plan and applicable securities laws. The Vesting Conditions are intended to align the interests of directors and management with the interests of the Company and of shareholders. Of 3,050,000 PSUs that were outstanding prior to this grant of PSUs, 300,000 have been approved for cancellation, and the holders of the outstanding 2750,000 PSUs have agreed to update their entitlements to reflect the Vesting Conditions. The Company has also completed the 30 day period required by the policies of the Canadian Securities Exchange (the "CSE") since termination of the Company's options as previously disclosed, and has issued an aggregate of 6,470,000 options (the " Options ") to the directors, officers, and consultants who had agreed to the option termination. Each of the newly issued Options are exercisable for common shares in the capital of the Company at an exercise price of $0.165 for a period of five years. All Options and PSUs granted are subject to a CSE hold period of 4 months from the date of grant.

West Gore was an important antimony producer during World War One, making significant contributions to the allied war Historical production from the West Gore district, which has been estimated at 7,761 t of Sb concentrate (46% Sb; Messervey, 1932) and 7,149 oz gold (Bates, 1987). The Project lies in the Meguma gold camp and consists of a past-producing underground mine, and an addition occurrence (The Brook Vein) historically exploited with a single stope. Mineralization occurs as stibnite, native antimony, aurostibnite, and antimony-gold alloys and oxides. Aside from minor exploration work in the 1960s, 1980s, and 2010s, the West Gore system remains significantly unexplored after World War One. Widely accepted historical accounts detail that commercial mining at West Gore took place between 1883 and 1917 (Malcolm 1929).