Emergent Metals Corp. Converts Lease to Ownership of 185 Mineral Claims at Golden Arrow, NV

(TheNewswire)

Vancouver, British Columbia –TheNewswire - March 10, 2026 – Emergent Metals Corp.(TSXV: EMR, OTC: EGMCF, FRA: EML, MUN: ELM) (“Emergent” or the “Company”) is pleasedto announce that Emergent’s subsidiary, Golden Arrow MiningCorporation (“GAMC”), has entered into a lease terminationagreement (the “TerminationAgreement”) with Maverix Metals (Nevada) Inc.(“Maverix NV”), an indirect subsidiary of Triple Flag Precious MetalsCorp. (TSX: TFPM, NYSE: TFPM)(“Triple Flag”).  Pursuant to the TerminationAgreement and certain ancillary documents, Maverix NV has effected thetransfer of 185 unpatented mineral claims historically known as theBaughman Claims (collectively, the “Conveyed Property”)to GAMC.

Maverix NV will retain a reserved royalty (the“ReservedRoyalty”) on both the Conveyed Property and292 additional unpatented mineral claims in the area of influence (the“AOI Property”, and together with the Conveyed Property, the“RoyaltyProperty”) designated in the original Baughmanlease agreement and subsequent amendments (together, the“Lease”), which Reserved Royalty consists of an advance minimumroyalty (“AMR”) and a production net smelter returns royalty(“NSR”).  The AMR is US$25,000 per year, and the NSR is 3% oncethe Royalty Property reaches the production stage.  GAMC has theability to acquire 1% of the NSR, at any time, for US$1,000,000. 

The result of the transactions described above is thatthe Lease has been terminated, GAMC has obtained ownership of theConveyed Property, and Maverix NV has retained a reserved royaltyinterest in the Conveyed Property and the AOI Property.  

In connection with the Termination Agreement, and inorder to satisfy all past due and unpaid AMR payments owing by GAMC toMaverix NV under the Lease, Emergent and Maverix Metals Inc., theparent company of Maverix NV and a subsidiary of Triple Flag(“Maverix Canada”) , have entered into a debt conversion agreement (the“ConversionAgreement”) pursuant to which Emergent hasagreed to issue 1,767,565 common shares of the Company (each, a“Share”) to Maverix Canada at a deemed price of $0.11625 perShare,  representing US$150,000 in debt converted into Canadiandollars at an exchange rate of US$0.73 per C$1.00 (the “Debt Conversion”).  The Company is proposing toissue the foregoing Shares to Maverix Canada, which will be subject toa standard hold period of four months and one day in accordance withapplicable Canadian securities laws, in order to preserve itsavailable cash.

Both the Debt Conversion and the Conversion Agreementare subject to the approval of the TSX Venture Exchange (the“Exchange”).

David Watkinson, Emergent’s President and CEO,stated, “This transaction allows Emergent to consolidate 100%ownership in the 494 unpatented and 17 patented claims that make upthe Golden Arrow Property, subject to underlying royalties.  TripleFlag, as a royalty company, will retain a royalty interest in certainclaims”.  

Emergent Retains Plutus Invest &Consulting GmbH

Emergent also announces that it has entered into aninvestor relations and digital marketing services agreement datedMarch 9, 2026 (the “Agreement”) with Plutus Invest &Consulting GmbH (“Plutus”), a German limited liabilitycorporation with its principal address at Buchtstrasse 13, 28195Bremen, Germany.

Plutus has been retained to provide European-focusedinvestor awareness and digital marketing services, includingconsultation regarding investor positioning in European capitalmarkets (with a focus on the German-speaking investment community),preparation and distribution of Company-approved advertorialcontent and sponsored articles, digital mediabuying and placement on European financial media platforms andinvestor portals, banner and display advertising, and related campaignanalytics and reporting, all subject to the Company’s oversight andprior written approval.

In connection with certain European media platforms,campaign-related publications may be carried out under the imprint ofOrange Unicorn Ltd. (“OrangeUnicorn”), of 132–134 Great Ancoats Street,Manchester, M4 6DE, United Kingdom, which may act as a technicalpublisher-of-record. Orange Unicorn will act solely as a technicalpublisher-of-record and will not provide investor relations,promotional strategy, market-making or trading services to theCompany. Orange Unicorn will also not receive compensation from theCompany.

The Agreement will commence upon acceptance by theExchange and will continue for a period of 12 months from the date ofsuch acceptance, unless terminated earlier in accordance with itsterms.

In consideration for the services of Plutus, theCompany has authorized a maximum aggregate budget of up to €250,000over the 12-month term of the Agreement, consisting of (i) feespayable to Plutus for strategic, advisory and campaign managementservices, and (ii) third-party media, advertising and related vendorcosts incurred in connection with approved campaigns. No compensationis payable until the Agreement has been accepted by the Exchange.Compensation is not contingent upon trading volume, share price, orother market performance metrics, and no securities of the Companywill be issued to Plutus as compensation under the Agreement.

Plutus and its principal, Marco Messina, are at arm’slength to the Company and, to the knowledge of the Company, neitherPlutus nor its principal nor Orange Unicorn owns any securities of theCompany or has any right to acquire securities of the Company. TheAgreement and the engagement of Plutus are subject to acceptance bythe Exchange in accordance with TSX Venture Exchange Policy 3.4 –Investor Relations,Promotional and Market-Making Activities andapplicable securities laws.

About Emergent

Emergent is a gold and base metal exploration companyfocused on Nevada and Quebec.  The Company’s strategy is to lookfor quality acquisitions, add value to these assets throughexploration, and monetize them through sales, joint ventures, options,royalties, and other transactions to create value for our shareholders– an acquisition and divestiture business model.  

In Nevada, Emergent’s Golden Arrow Property is anadvanced-stage gold and silver property with a well-defined measuredand indicated resource and a Plan of Operations and EnvironmentalAssessment in place to conduct a major drilling program.  Asannounced by press release on September 29, 2025, Emergent is in theprocess of selling Golden Arrow to Fairchild Gold Corp. (TSXV: FAIR).  NewYork Canyon is an advanced-stage copper skarn and porphyry explorationproperty.  The West Santa Fe Property is a gold, silver, and basemetal property, subject to a Lease with an Option to PurchaseAgreement with Lahontan Gold Corporation (TSXV: LG).  BuckskinRawhide East is a gold and silver property leased to Rawhide MiningLLC, operators of Rawhide Mine.  

In Quebec, the Casa South Property is a goldexploration property located south of and adjacent to Hecla MiningCompany’s (NYSE:HL) operating Casa Berardi Mine and north of andadjacent to IAMGOLD Corporation’s (NYSE: IAG) GeminiTurgeon Property.  The Trecesson Property is a gold explorationproperty located about 50 km north of the Val d’Or mining camp. 

Emergent has a 1% NSR in the Troilus North Property,part of the Troilus Gold Project, being advanced by Troilus MiningCorporation (TSX:TLG) toward production.  The Company has a 1%NSR in the East-West Property, part of Agnico Eagle Mines Limited(NYSE: AEM) Canadian Malartic Complex.  Emergentalso has a 1% NSR on the York Property, part of Lahontan Gold’s(TSXV: LG) Santa Fe Project in Nevada is also being advanced towardproduction.

Note that the location of Emergent’s propertiesadjacent to producing or past-producing mines or advanced-stageproperties does not guarantee exploration success at Emergent’sproperties or that mineral resources or reserves will be delineated. 

For more information on the Company, investors shouldreview the Company’s website at www.emergentmetals.com or view theCompany’s filings available at www.sedarplus.ca.

On behalf of the Board ofDirectors
David G. Watkinson, P.Eng.
President & CEO

For further information, please contact:

David G. Watkinson, P.Eng.
Tel: 530-271-0679 Ext 101
Email: info@emergentmetals.com

Neither TSX Venture Exchange nor itsRegulation Services Provider (as the term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.

Cautionary Note onForward-Looking Statements

Certain information contained in this news releaseconstitutes “forward-looking information” or “forward-lookingstatements” (collectively, “forward-looking information”) withinthe meaning of applicable securities laws. Forward-looking informationincludes, but is not limited to, statements regarding explorationresults, exploration potential, future exploration plans, therequirement for additional work to verify historic data, and theCompany’s business strategy, plans, and objectives. In this newsrelease, words such as “may”, “would”, “could”,“will”, “likely”, “believe”, “expect”,“anticipate”, “intend”, “plan”, “estimate”, andsimilar expressions, and the negative form thereof, are used toidentify forward-looking information.  Forward-looking information isbased on management’s reasonable assumptions, expectations,estimates, and projections as of the date of this news release and issubject to known and unknown risks, uncertainties, assumptions, andother factors that may cause actual results, performance, orachievements to differ materially from those expressed or implied bysuch forward-looking information. These risks and uncertaintiesinclude, but are not limited to, risks related to explorationactivities, the interpretation of exploration results, commodity pricefluctuations, regulatory approvals, permitting, and general economic,market, and business conditions. Readers are cautioned not to placeundue reliance on forward-looking information. The Company does notundertake any obligation to update or revise any forward-lookinginformation, except as required by applicable securities laws.

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