Perseverance Metals Appoints Dr. Mark Bennett as Strategic Technical Advisor to the Board of Directors

Vancouver, British Columbia--(Newsfile Corp. - November 18, 2025) - Perseverance Metals Inc. (TSXV: PMI) ("Perseverance Metals", "PMI", or the "Company") is very pleased to announce that it has appointed Dr. Mark Bennett as a Strategic Technical Advisor to the Company's Board of Directors. The Company also reports that it has engaged ICP Securities Inc. ("ICP") to provide market making services.

Dr. Mark Bennett has over 40 years of expertise in global mineral exploration and mining. As CEO and Founding Managing Director of Sirius Resources, he led the company during the 2012 discovery of the Nova-Bollinger nickel-copper-cobalt mine in Western Australia and its subsequent CA$1.8 billion sale to Independence Group in 2015. During this time, he steered the discovery, delineation, feasibility, financing, permitting, construction, and inception of mining of the Nova mine, which was achieved in two and a half years from the discovery hole.

In addition to the discovery and sale of Nova-Bollinger, Dr. Bennett has held numerous technical, operational, executive, and board roles and played a key role in the discovery of the Wahgnion gold mine, Thunderbox gold mine, Waterloo nickel mine, Baloo gold mine and Aarnivalkea gold deposit. Dr. Bennett is a two-time winner of the Australian Mining and Exploration Companies' 'Prospector Award' and was named as a 'Legend in Mining' at the 2014 Melbourne International Mining and Resources Conference.

Dr. Bennett is a Fellow of the Australian Institute of Geoscientists, a Fellow of the Geological Society of London, and a Member of both the Australian Institute of Mining & Metallurgy and the Australian Institute of Company Directors. Dr. Bennett is currently Executive Chair of S2 Resources, Non-Executive Chair of Falcon Metals, Non-Executive Director of Valkea Resources, and Non-Executive Director of Manitoba-focused explorer Conduit Nickel. He is also a former Director of IGO, a AU$5 billion nickel and lithium producer.

"I am looking forward to working with Mike and the team at Perseverance in their quest for the next big magmatic polymetallic discovery, and quality discoveries transcend all other market drivers," said Dr. Bennett. "The Company has a great breadth and depth of expertise, and some exciting emerging and drill-ready prospects with strong early signs of fertility."

"We are extremely pleased that Mark has joined our advisory team," said Michael J. Tucker, CEO & Director. "Mark and I are aligned in our passion for exploration and discovery, particularly for high grade magmatic Ni-Cu-Co-PGE deposits such as his Nova-Bollinger discovery. Dr. Bennett will be an exceptional addition to our already top-tier technical teams."