Torr Metals Announces Upsize in Non-Brokered Private Placement to $4.57 Million

Vancouver, British Columbia--(Newsfile Corp. - October 14, 2025) - Torr Metals Inc. (TSXV: TMET) ("Torr" or the "Company") is pleased to announce that as a result of strong investor demand, the Company has increased the size of its previously announced non-brokered private placement (the "Offering") from aggregate gross proceeds of up to $2,800,000 to aggregate gross proceeds of up to $4,570,000.

The upsized Offering is comprised of the sale of:

• Up to 5,626,765 flow-through units (the "FT Unit") at a price of $0.17 per FT Unit. Each FT Unit will consist of one (1) flow-through common share of the Company (a "FT Share") and one-half (1/2) of a common share purchase warrant (each whole warrant, a "FT Unit Warrant"). Each FT Unit Warrant shall entitle the holder to acquire one (1) additional non flow-through common share of the Company (a "Warrant Share") at a price of $0.25 per share for a period of 24 months from the date or dates of closing of the Offering (a "Closing Date").

• Up to 8,753,767 non flow-through units (the "NFT Units") at a price of $0.13 per Unit. Each NFT Unit will consist of one (1) non flow-through common share of the Company (a "Share") and one-half (1/2) of a common share purchase warrant (each whole warrant, a "Unit Warrant"). Each NFT Unit Warrant shall entitle the holder to acquire one (1) additional Warrant Share at a price of $0.21 per share for a period of 24 months from the Closing Date.

• Up to 11,909,382 charity flow-through units (the "Charity FT Units") at a price of $0.208. Each Charity FT Unit will consist of one (1) FT Share and one-half (1/2) of a common share purchase warrant (each whole warrant, a "Charity FT Unit Warrant"). Each Charity FT Unit Warrant shall entitle the holder to acquire one (1) Warrant Share at a price of $0.21 per share for a period of 24 months from the Closing Date.

All Warrants issued in connection with this Offering will be subject to earlier expiry in the event that the closing price of the common shares exceeds $0.35 for 10 consecutive trading days. The Company may pay finders' fees in accordance with the policies of the TSX Venture Exchange.

All FT Shares and Charity FT Unit Warrant offered in connection with this Offering qualify as a "flow-through share" within the meaning of the Income Tax Act (Canada) (the "Tax Act"). The Charity FT Units Offering will be facilitated by PearTree Securities Inc. ("PearTree"). PearTree will not receive any fees or commissions from the Company for its role in the Offering.