Emergent Metals Corp. Announces Closing of Oversubscribed Private Placement

(TheNewswire)

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRESERVICES OR FOR DISSEMINATION IN THE UNITEDSTATES

Vancouver, British Columbia –TheNewswire - January 15, 2026 – Emergent Metals Corp.(TSXV: EMR, OTC: EGMCF, FRA: EML, BSE: EML, MUN: ELM) (“Emergent” or the “Company”) is pleasedto announce that it has completed the non-brokered private placement(the "Offering") described in its news releases of November14 and December 24, 2025.  In connection with the closing of theOffering, the Company issued an aggregate of 11,020,420 units (the"Units") at a price of CDN$0.05 per Unit for gross proceedsof CDN$551,021.  Each Unit consists of one common share in thecapital of the Company (a “Share”) and one whole transferablecommon share purchase warrant (a “Warrant”).  Each whole Warrantis exercisable to acquire one Share at an exercise price of CDN$0.10per Share until January 15, 2028, which is 24 months from the dateof issuance.

Insiders of the Company acquired an aggregateof 1,600,000 Units in the Offering, which participation constituteda "related party transaction" as defined under MultilateralInstrument 61-101 Protectionof Minority Security Holders in Special Transactions (“MI 61-101”).  Such participation is exempt from theformal valuation and minority shareholder approval requirements of MI61-101 as neither the fair market value of the Units acquired by theinsiders, nor the consideration for the Units paid by such insiders,exceed 25% of the Company's market capitalization.  As requiredby MI 61-101, the Company advises that it expects to file a materialchange report relating to the Offering less than 21 days beforecompletion of the Offering, which is necessary to complete theOffering in an expeditious manner and is reasonable in thecircumstances.

Emergent intends to use the net proceeds of theOffering for general working capital purposes.  The Company will payno finder's fees in connection with subscriptions fromsubscribers introduced to this Offering.  The Offering remainssubject to final approval of the TSX Venture Exchange. The securitiesissued under the Offering, and any Shares that may be issuable onexercise of any such securities, will be subject to a statutory holdperiod expiring four months and one day from the date of issuance ofsuch securities.

About Emergent

Emergent is a gold and base metal exploration companyfocused on Nevada and Quebec.  The Company’s strategy is to lookfor quality acquisitions, add value to these assets throughexploration, and monetize them through sales, joint ventures, options,royalties, and other transactions to create value for our shareholders– an acquisition and divestiture (“A&D”) businessmodel.  

In Nevada, Emergent’s Golden Arrow Property is anadvanced-stage gold and silver property with a well-defined measuredand indicated resource and a Plan of Operations and EnvironmentalAssessment in place to conduct a major drilling program.  New YorkCanyon is an advanced-stage copper skarn and porphyry explorationproperty.  The West Santa Fe Property is a gold, silver, and basemetal property, subject to a Lease with an Option to PurchaseAgreement with Lahontan Gold Corporation (TSXV: LG).  BuckskinRawhide East is a gold and silver property leased to Rawhide MiningLLC, operators of Rawhide Mine.  

In Quebec, the Casa South Property is a goldexploration property located south of and adjacent to Hecla MiningCompany’s (NYSE:HL) operating Casa Berardi Mine and north of andadjacent to IAMGOLD Corporation’s (NYSE: IAG) GeminiTurgeon Property.  The Trecesson Property is a gold explorationproperty located about 50 km north of the Val d’Or mining camp. Emergent has a 1% NSR in the Troilus North Property, part of theTroilus Gold Project, being explored by Troilus Gold Corporation(TSX: TLG).  Emergent has a 1% NSR in the East-West Property, part ofAgnico Eagle Mines Limited Canadian MalarticComplex (NYSE: AEM).  Emergent also has a 1% NSR on the York Property, part ofLahontan Gold’s Santa Fe Project.

Note that the location of Emergent’s propertiesadjacent to producing or past-producing mines or advanced-stageproperties does not guarantee exploration success at Emergent’sproperties or that mineral resources or reserves will be delineated. 

Qualified Person

All scientific and technical information disclosed inthis new release was reviewed and approved by David Watkinson, P.Eng.,an employee of Emergent and a non-independent qualified person underNational Instrument 43-101.

For more information on the Company, investors shouldreview the Company’s website at www.emergentmetals.com or view theCompany’s filings available at www.sedarplus.ca.

On behalf of the Board ofDirectors
David G. Watkinson, P.Eng.
President & CEO

For further information, please contact:

David G. Watkinson, P.Eng.
Tel: 530-271-0679 Ext 101
Email: info@emergentmetals.com

Neither TSX Venture Exchange nor itsRegulation Services Provider (as the term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.

This news release does not constitutean offer to sell or a solicitation of an offer to buy any of thesecurities in the United States. The securities have not been and willnot be registered under the United States Securities Act of1933, as amended (the"U.S. Securities Act"), or any state securities laws andmay not be offered or sold within the United States or to U.S. Personsunless registered under the U.S. SecuritiesAct and applicablestate securities laws or an exemption from such registration isavailable.

Cautionary Note onForward-Looking Statements

Certain information contained in this news releaseconstitutes “forward-looking information” or “forward-lookingstatements” (collectively, “forward-looking information”).Without limiting the foregoing, such forward-looking informationincludes statements regarding the process and completion of theOffering, the use of proceeds of the Offering, and any statementsregarding the Company’s business plans, expectations, andobjectives. In this news release, words such as “may”,“would”, “could”, “will”, “likely”, “believe”,“expect”, “anticipate”, “intend”, “plan”,“estimate”, and similar words and the negative form thereof areused to identify forward-looking information. Forward-lookinginformation should not be read as guarantees of future performance orresults, and will not necessarily be accurate indications of whether,or the times at or by which, such future performance will be achieved.Forward-looking information is based on information available at thetime and/or the Company management’s good faith belief with respectto future events and is subject to known or unknown risks,uncertainties, assumptions, and other unpredictable factors, many ofwhich are beyond the Company’s control. For additional informationwith respect to these and other factors and assumptions underlying theforward-looking information made in this news release, see theCompany’s most recent Management’s Discussion and Analysis andfinancial statements and other documents filed by the Company with theCanadian securities commissions and the discussion of risk factors setout therein. Such documents are available at www.sedarplus.ca underthe Company’s profile and on the Company’s website,https://emergentmetals.com/. The forward-looking information set forthherein reflects the Company’s expectations as at the date of thisnews release and is subject to change after such date.  The Companydisclaims any intention or obligation to update or revise anyforward-looking information, whether as a result of new information,future events, or otherwise, other than as required by law.

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