Arbor Metals Announces Closing Of Private Placement

(TheNewswire)

Vancouver, Canada– May 21, 2026 – TheNewswire – ArborMetals Corp. (“Arbor” or the“Company”) (TSXV: ABR, FWB: 432) is pleased to announce that it hasclosed its non-brokered private placement of 3,000,000 units (each, a“Unit”) at a price of $0.14 per Unit for gross proceeds of$420,000 (the “Offering”). Each Unit consists of one commonshare of the Company (each, a “Share”) and one common share purchasewarrant (each, a “Warrant”). Each Warrant entitles the holderto acquire one Share of the Company at a price of $0.22 until May 21,2029, provided that holders will not be permitted to exercise Warrantsuntil 60 days following closing of the Offering.

The Company expects to utilize proceeds of the Offeringfor exploration work at the Company’s Jarnet lithium project and forgeneral working capital purposes.

The Units issued under the Offering were offered forsale pursuant to the listed issuer financing exemption under Part 5Aof National Instrument 45-106 – Prospectus Exemptions, as amended by CSA Coordinated Blanket Order 45-935 –Exemptions from CertainConditions of the Listed Issuer Financing Exemption (collectively, the “Listed Issuer Financing Exemption”), in allprovinces of Canada, except Quebec, and other qualifyingjurisdictions, including the United States. The Units issued under theListed Issuer Financing Exemption are immediately “free-trading”under applicable Canadian securities laws.

In connection with closing of the Offering, the Companypaid finder’s fees of $17,640 and issued 126,000 non-transferablecommon share purchase warrants (each, a “Finders’ Warrant”) to certain arms-length parties (each, a “Finder”) whoassisted in introducing subscribers to the Offering. Each Finders’ Warrant entitles the holder to acquire oneShare of the Company at a price of $0.22 until May 21, 2029. All securities issued to Finders are subjectto restrictions on resale until September 22, 2026, in accordance withapplicable securities laws.

This press release is not an offer to sell or thesolicitation of an offer to buy the securities in the United States orin any jurisdiction in which such offer, solicitation or sale would beunlawful prior to qualification or registration under the securitieslaws of such jurisdiction. The securities being offered have not been,nor will they be, registered under the United States Securities Act of1933, as amended, and such securities may not be offered or soldwithin the United States or to, or for the account or benefit of, U.S.persons absent registration or an applicable exemption from U.S.registration requirements and applicable U.S. state securitieslaws.

About Arbor Metals Corp.

Arbor Metals Corp. is a mining exploration company focused on developinghigh-value, geographically significant mineral projects worldwide.Arbor is paving the way for advanced mineral exploration as itoversees world-class mining projects. The Company is confident thatcombining quality projects with proven strategies and a dedicated teamwill yield exceptional outcomes.

The Jarnet,Corvette Lake and St. Pierre lithium projects,located in the James Bayregion of Quebec, comprises 83 map-designated claims, covering an areaof approximately 5,606 hectares. The projects are contiguous to theCorvette-FCI property, where diamond drilling has confirmedsignificant lithium mineralization representing one of thehighest-profile lithium exploration projects in the sector.

The Kemlee LakeLithium project is strategically located three kilometers east of Rock TechLithium Inc.’s Aumacho claim blocks and twelve kilometers south ofthe Georgia Lake Project. The project shares many geologicalsimilarities with the prolific Georgia Lake deposit, including bedrockgeology and the presence of massive intrusive dykes. The primarytarget at the project will be spodumene-bearing pegmatiteshosted in metasediments.

For further information, contact Mark Ferguson, ChiefExecutive Officer, at info@arbormetalscorp.com, or 403.852.4869, orvisit the Company’s website at www.arbormetalscorp.com.

On behalf of the Board,

Arbor Metals Corp.

Mark Ferguson, Chief Executive Officer

Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.

This news release may containcertain “Forward-Looking Statements” within the meaning of theUnited States Private Securities Litigation Reform Act of 1995 and“forward-looking information” within applicable Canadiansecurities laws. When or if used in this news release, the words“anticipate”, “believe”, “estimate”, “expect”,“target”, “plan”, “forecast”, “may”, “schedule”and similar words or expressions identify forward-looking statementsor information. These forward-looking statements or information mayrelate to statements withrespect to the intended use of proceeds from the Offering; theanticipated benefits and impacts of the Offering and the Company’sfuture operations and business prospects. Such statements represent theCompany’s current views with respect to future events and arenecessarily based upon a number of assumptions and estimates that,while considered reasonable by the Company, are inherently subject tosignificant business, economic, competitive, political and socialrisks, contingencies and uncertainties. Many factors, both known andunknown, could cause results, performance, or achievements to bematerially different from the results, performance or achievementsthat are or may be expressed or implied by such forward-lookingstatements. Such factorsinclude, but are not limited to, risks related to the anticipated useof proceeds from the Offering not being used as anticipated; generalbusiness, economic, competitive, political and social uncertainties;uncertain capital markets; and delay or failure to receive board orregulatory approvals. TheCompany does not intend, and does not assume any obligation, to updatethese forward-looking statements or information to reflect changes inassumptions or changes in circumstances or any other events affectingsuch statements and information other than as required by applicablelaws, rules and regulations.

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