Rackla Metals appoints Senior Mining Executive Jeff Reinson to the Board

(TheNewswire)

Vancouver, British Columbia –TheNewswire - June 4, 2026– Rackla Metals Inc. (TSX-V: RAK) (the “Company”)is pleased to announce theappointment of Jeff Reinson to the Company’s Board ofDirectors.

Mr. Reinson is a seasoned mining executive with morethan 25 years of project, engineering, development and operationalleadership experience. His appointment adds significant minedevelopment and operating expertise to Rackla’s Board at animportant time, as the Company evaluates the potential of its tungstenassets in the Northwest Territories and the broader opportunity toparticipate in the redevelopment of a Canadian tungstendistrict.

Mr. Reinson previously served as Vice President ofOperations at Burgundy Diamond Mines, where heoversaw the 24-hour operations of the Ekati Diamond Mine. Prior to histenure at Burgundy, he was Chief Operating Officer at First Mining Gold Corp. He is currently SeniorVice President of Development at Li-FT PowerLtd., another critical mineral company.

Throughout his career, Mr. Reinson has held seniorleadership and project director roles with internationally recognizedmining companies, including Goldcorp, Newmont and Rio Tinto. He holdsboth a Master of Science and a Bachelor of Science in CivilEngineering from the University of Saskatchewan.

“Jeff’s appointment is an important addition to theBoard of Rackla,” stated Simon Ridgway, CEO of Rackla Metals. “AsRackla advances its tungsten strategy in the Northwest Territories, webelieve it is essential to add senior mine engineering and operatingexperience at the Board level. Jeff’s background in minedevelopment, project execution and operations will help the Companybetter evaluate development opportunities, technical and operatingrisks, and capital requirements, as Rackla considers the potentialpath from exploration toward development.”

Management of Rackla believes the Northwest Territoriestungsten belt represents a compelling critical minerals opportunity,particularly in light of strong tungsten prices and growing Westerninterest in securing reliable North American sources of supply. Theproximity of the past-producing Cantung Mine to Rackla’s Lentungtungsten project and the historic tungsten resources discovered byUnion Carbide at Lentung could potentially contribute to theredevelopment of tungsten mining in the region.

The Company also announces that it has granted a stockoption to Mr. Reinson to purchase up to 250,000 common shares of theCompany exercisable for up to 10 years at a price of $0.15 pershare.

About Rackla

Rackla Metals Inc. (TSX-V: RAK) is a Canadian mineralexploration company focused on the exploration and advancement ofcritical mineral projects, including tungsten opportunities in theNorthwest Territories. The Company is committed to responsibleexploration and to working constructively with local communities,Indigenous governments and other stakeholders.

ON BEHALF OF THE BOARD

Simon Ridgway,

CEO and Director

Tel: (604) 801-5432; Fax: (604) 662-8829
Email: info@racklametals.com
Website: www.racklametals.com

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

Forward-Looking Information

Certain statements contained in thisnews release constitute forward-looking statements within the meaningof Canadian securities legislation. All statements included herein,other than statements of historical fact, are forward- lookingstatements and include, without limitation, statements about theCompany’s property plans will proceed as intended; and generalbusiness and economic conditions. Often, but not always, these forwardlooking statements can be identified by the use of words such as“estimate”, “estimates”, “estimated”, “potential”,“open”, “future”, “assumed”, “projected”, “used”,“detailed”, “has been”, “gain”, “upgraded”,“offset”, “limited”, “contained”, “reflecting”,“containing”, “remaining”, “to be”, “periodically”, orstatements that events, “could” or “should” occur or beachieved and similar expressions, including negativevariations.

Forward-looking statements involveknown and unknown risks, uncertainties and other factors which maycause the actual results, performance or achievements of the Companyto be materially different from any results, performance orachievements expressed or implied by forward-looking statements. Suchuncertainties and factors include, among others, whether the Company plans for itsproperties will proceed as intended; changes in general economic conditions andfinancial markets; the Company or any joint venture partner not havingthe financial ability to meet its exploration and development goals;risks associated with the results of exploration and developmentactivities, estimation of mineral resources and the geology, grade andcontinuity of mineral deposits; unanticipated costs and expenses; andsuch other risks detailed from time to time in the Company’squarterly and annual filings with securities regulators and availableunder the Company’s profile on SEDAR+ at www.sedarplus.ca. Although the Company has attempted toidentify important factors that could cause actual actions, events orresults to differ materially from those described in forward-lookingstatements, there may be other factors that cause actions, events orresults to differ from those anticipated, estimated orintended.

Forward-looking statements containedherein are based on the assumptions, beliefs, expectations andopinions of management, including but not limited to: that the Company’s plans for itsproperties will proceed as intended; that the Company’s stated goals andplanned exploration activities at its properties will be achieved;that there will be no material adverse change affecting the Company,its properties or its securities; assumptions about future prices ofgold and other metal prices; and such other assumptions as set outherein. Forward-looking statements are made as of the date hereof andthe Company disclaims any obligation to update any forward-lookingstatements, whether as a result of new information, future events orresults or otherwise, except as required by law. There can be noassurance that forward-looking statements will prove to be accurate,as actual results and future events could differ materially from thoseanticipated in such statements. Accordingly, investors should notplace undue reliance on forward-looking statements.

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