Enerev5 Metals Inc.

thenewswire.com · 15 Jun 2026

Enerev5 Metals Inc. Announces Completion of Securities-for-Debt Transaction

Toronto, Ontario – TheNewswire - June 15, 2026 – Enerev5 Metals Inc. (TSX-V: ENEV) (“Enerev5” or the “Company”) announces that, further to its news release of January 22, 2026, it has completed a securities-for-debt transaction (the “ Transaction ”), pursuant to which it has settled $200,920 in liabilities through the issuance of 10,175,923 common shares in the capital of the Company (“ Shares ”) at a price of $0.01 per Share and 9,537,000 units (“ Units ”) at a price of $0.01 per Unit. Each Unit consisted of one Share and one Share purchase warrant (the “ Warrant ”), with each Warrant entitling the holder to acquire one Share at an exercise price of $0.05 per Warrant for a period of five years following the date of issuance. The purpose of the Transaction was to preserve cash.   Completion of the Transaction is subject to customary closing conditions, including the receipt of all necessary approvals including that of the TSX Venture Exchange (“ TSXV ”). All securities issued and issuable will be subject to a statutory hold period of four months and one day, in accordance with applicable Canadian securities laws.