Enerev5 Metals Inc. Stakes Announces $400,000 Non-Brokered Private Placement and Securities-for-Debt Transaction

(TheNewswire)

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Toronto, Ontario – TheNewswire - January 19, 2026 –Enerev5 MetalsInc. (TSX-V: ENEV) (“Enerev5” or the“Company”) is pleased to announce that intends to complete anon-brokered private placement (the “Offering”) of up to40,000,000 units (the “Units”) at a price of $0.01 per Unit forgross proceeds of up to $400,000.

Each Unit will consist of one common share of theCompany (the “Shares”) and one Share purchase warrant(the “Warrant”). Each Warrant will entitle the holder, to acquire oneShare at an exercise price of $0.05 per Warrant for a period of fiveyears following the closing date of the Offering. The proceeds of theOffering will be used for general corporate and working capitalpurposes and project review and acquisition costs.

The Company also announces that it intends to completea securities for debt transaction (the “Debt Settlement”), to settle up to $105,500 inliabilities through the issuance of up to 10,555,000 Units at a priceof $0.01 per Units. Non-Arm’s Length Parties (as that term isdefined in the policies of the TSX Venture Exchange (the“Exchange”)) that participate in the Debt Settlement shall settleeligible debt through the issuance of Shares at a price of $0.01 perShare.

Certain insiders of Enerev5 mayparticipate in the Offering; however, the total participation byinsiders is not expected to exceed 25% of the Offering.

Completion of the Offering and the Debt Settlement willbe subject to customary closing conditions, including the receipt ofall necessary approvals including that of the Exchange. All securitiesissued and issuable will be subject to a statutory hold period of fourmonths and one day, in accordance with applicable Canadian securitieslaws. The Company may pay a commission to eligible finders inconnection with the Offering and in compliance with applicable lawsand subject to Exchange approval.

This news release does not constitute an offer to sellor a solicitation of an offer to buy any of the securities describedin this news release in the United States. The securities offered havenot been and will not be registered under the United States SecuritiesAct of 1933, as amended, and may not be offered or sold in the UnitedStates absent registration or applicable exemption from theregistration requirements.

About Enerev5 Metals Inc.

Enerev5 Metals Inc. (TSX-V: ENEV) is a Canadianexploration company focused on the identification and development ofcritical battery metals projects in stable, mining-friendlyjurisdictions. The Company’s strategy is to build a portfolio ofearly-stage assets that have the potential to supply ethically-sourcedmetals essential to the global transition to clean energy. Enerev5 iscurrently advancing lithium exploration in northeastern Nevada andcontinues to evaluate additional opportunities in high-potentialjurisdictions to support its long-term growth objectives.

Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.

For further information please contact:

Enerev5 Metals Inc.

Errol Farr, President and CEO

Email: efarr001@icloud.com

Tel: 647-296-1270

Forward-Looking Statements

This news release contains“forward-looking statements” or “forward-looking information”(collectively, “forward-looking statements”) within the meaning ofapplicable securities legislation. All statements, other thanstatements of historical fact, are forward-looking statements and arebased on expectations, estimates and projections as of the date ofthis news release. Any statements that express or involve discussionswith respect to predictions, expectations, beliefs, plans,projections, objectives, assumptions or future events or performance(often, but not always, identified by words or phrases such as“expects”, “is expected”, “anticipates”, “believes”,“plans”, “projects”, “estimates”, “assumes”,“intends”, “strategy”, “goals”, “objectives”,“forecasts”, “budget”, “schedule”, “potential”,“possible” or variations thereof or stating that certain actions,events, conditions or results “may”, “could”, “would”,“should”, “might” or “will” be taken, occur or beachieved, or the negative of any of these terms and similarexpressions) are not statements of historical fact and may beforward-looking statements. Forward-looking statements include, butare not limited to, statements regarding: completion of the Offeringand the Debt Settlement on the terms announced or at all, the use ofproceeds from the Offering, the timing and content of upcoming workprograms; geological interpretations; timing of the Company’sexploration programs; and estimates of market conditions.

Forward-looking statements aresubject to a variety of known and unknown risks, uncertainties andother factors that could cause actual events or results to differ fromthose expressed or implied by forward-looking statements containedherein. There can be no assurance that such statements will prove tobe accurate, as actual results and future events could differmaterially from those anticipated in such statements. Certainimportant factors that could cause actual results, performance orachievements to differ materially from those in the forward-lookingstatements include, among others: general economic conditions inCanada and globally; industry conditions; governmental regulation ofthe mining industry, including environmental regulation; geological,technical and drilling problems; unanticipated operating events;competition for and/or inability to retain drilling rigs and otherservices; the availability of capital on acceptable terms; the need toobtain required approvals from regulatory authorities; stock marketvolatility; volatility in market prices for commodities; liabilitiesinherent in the mining industry; changes in tax laws and incentiveprograms relating to the mining industry. This list is not exhaustiveof the factors that may affect the Company’s forward-lookingstatements. There may be other factors that could cause actual eventsor results to differ from those expressed or implied byforward-looking statements contained herein.

Forward-looking statements arenecessarily based upon a number of factors and assumptions that, ifuntrue, could cause actual events or results to differ from thoseexpressed or implied by forward-looking statements contained herein.Forward-looking statements are based upon a number of estimates andassumptions that, while considered reasonable by the Company at thistime, are inherently subject to significant business, economic andcompetitive uncertainties and contingencies that may cause theCompany’s actual financial results, performance, or achievements tobe materially different from those expressed or implied herein.

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