Canamera Executes Option Agreement to Acquire 100% Interest in Two Brazilian Rare Earth Projects

Edmonton, Alberta--(Newsfile Corp. - October 7, 2025) - Canamera Energy Metals Corp. (CSE: EMET) ("Canamera" or the "Company") is pleased to announce that, further to its news release dated August 28, 2025, it has entered into a definitive option agreement (the "Option Agreement"), dated October 6, 2025, with iFind Mining Inc., Gabriel Nascimento Nakamura, Irmãos Martins Serviços e Comércio LTDA and Rco Mineração LTDA (collectively, the "Optionors"). Under the Option Agreement, the Company has the option (the "Option") to acquire a one-hundred percent (100%) interest in two rare earth projects in Brazil: the "Turvolândia Rare Earth Ionic Clay Project" in the state of Minas Gerais and the "São Sepé Rare Earth Ionic Clay Project" located in the state of Rio Grande do Sul (collectively, the "Projects").

"We believe that this proposed acquisition aligns with our strategic focus on critical minerals projects in Tier 1 mining jurisdictions and complements our existing portfolio. We are very pleased to be adding this Brazilian project."

Pursuant to the Option Agreement, the Company can acquire a one-hundred percent (100%) interest in the Projects by completing a cash and share payment and by incurring minimum exploration expenditures as follows:

Milestone	Cash	Shares	Exploration Expenditures
Signing	$75,000 (1)	$125,000 (2)	N/A
Year 1	Nil	Nil	$500,000 (a committed amount)
Year 2	Nil	Nil	$500,000
Year 3	Nil	Nil	$500,000
TOTAL	$75,000	$125,000	$1,500,000

 

⁽¹⁾ Payable to the Optionors within two business days of Canadian Securities Exchange ("CSE") approval of the Option Agreement.
⁽²⁾ Issuable to the Optionors within two business days of CSE approval of the Option Agreement, at a deemed price equivalent to the volume-weighted average closing price of the common shares of the Company on the CSE in the ten (10) trading days immediately prior to the announcement of the Option Agreement.