Neotech Metals Announces $1 Million Private Placement

Vancouver, British Columbia--(Newsfile Corp. - May 14, 2025) - Neotech Metals Corp. (CSE: NTMC) (OTCQB: NTMFF) (FSE: V690) ("Neotech" or "the Company") is pleased to announce that it intends to complete a non-brokered private placement (the "Offering") , in one or more tranches, of up to 6,666,666 units of the Company (the "Units"), at a price of $0.15 per Unit, for gross proceeds of up to $1,000,000 (the "Offering"). The Company reserves the right to increase the size of the Offering, subject to Canadian Stock Exchange ("CSE") approval.

Each Unit will be comprised of one common share and one common share purchase warrant (a "Warrant"), with each Warrant entitling the holder to purchase one common share (a "Warrant Share") at a price of $0.25 for a period of two years. The Warrants will be subject to an acceleration provision whereby, if for any 10 consecutive trading days following the closing of the Offering, the closing price of the Company's common shares (the "Shares") exceeds $0.40 per Share on the CSE, the Company may announce by way of news release that the expiry date of the warrants will be accelerated to 30 days thereafter.

The Units, including all underlying securities thereof, will have a hold period of four months and one day from the date of issue. Finder's fees may be payable to arm's length parties who introduce subscribers to the Company, in accordance with the policies of the CSE.

The Offering is expected to close on or about June 26, 2025. The Offering is subject to certain conditions including, but not limited to, receipt of all necessary approvals including the approval of the CSE.

The Company may pay finder's fees in respect to the Offering.

The Company intends to use the net proceeds from the Offering for exploration expenditures at the Company's projects, as well as corporate and general working capital purposes.

Closing of the Offering is subject to certain customary conditions. The securities to be issued under the Offering will be offered by way of private placement in such provinces or territories of Canada and such other jurisdictions as may be determined by the Company, in each case, pursuant to applicable exemptions from the prospectus requirements under applicable securities laws. Securities issued under the Offering will be subject to a statutory hold period which will expire four months and one day from the date of closing of the Offering.