Rackla Metals is pleased to provide an update on warrant exercises and property holdings in the NWT

(TheNewswire)

Vancouver, British Columbia – TheNewswire - September 24, 2025– Rackla Metals Inc. (TSX-V: RAK) (the “Company” or“Rackla”) is pleased to announce that over 11 million warrants ofthe Company, with an expiry date of September 19, 2025 that wereissued as part of the September 2023 brokered private placement offlow through and hard cash units, have been exercised at $0.40 pershare, for proceeds to the Company of just over $4.4 million.

The Company has not yet received the drill results ofthe initial three holes completed at the Grad Project.  We wereinformed they would be received after the 20 th ofSeptember, but we are awaiting a firm date from the laboratory.

The Company closed the season work program byincreasing its land position within the Tombstone Gold Belt in theNWT.  Several claim blocks were staked focusing mainly on the areaswith anomalous Bi/Te in the drainages based upon regional explorationthat the Company completed.  Also staked were areas that havepreviously been explored for tungsten, such as the Lened showing, atungsten project located 45 kms directly south of Grad Property thatsaw significant drilling in the 1980’s. The Lened property hosts ahistoric tungsten skarn resource estimated at 0.9 M tonnes grading1.0% WO 3 (not NI 43-101compliant).

Rackla staked an additional 15 mineral claims expandingits landholdings from 7,525 hectares to 23,175 hectares in the area ofthe O’Grady Batholith (Figure 1). The Grad property was expandedfrom 5,525 hectares to 8,625 hectares and the Ogre Property wasexpanded from 2,000 hectares to 5,750 hectares. The Company added theCalypso property (1 claim, 1,000 hectares) and the Lened property (7claims for 7,800 hectares).

Figure 1 – Map of the areas nowowned by Rackla in the O’Grady Batholith area of the NWT

Click Image To View Full Size

Rackla is working in consultation with the Sahtu Deneand Métis communities and remains committed to maintaining therespectful, collaborative relationships we’ve built with the Sahtu.As we advance exploration at our properties, we will continue workingclosely with local stakeholders and regulatory agencies to ensure ouractivities create long-term value and reflect communitypriorities.

Qualified Person

Scott Casselman, B.Sc., P.Geo., Vice-PresidentExploration of the Company, is a member of the Association ofProfessional Engineers and Geoscientists of British Columbia and isthe Company’s Qualified Person as defined by National Instrument43-101. Mr. Casselman has reviewed and approved the technicalinformation contained in this news release.

AboutRackla

Rackla Metals Inc. (TSX-V: RAK) is a Vancouver, Canadabased junior gold exploration company.  The Company is targetingReduced Intrusion-Related Gold Systems (RIRGS) mineralization on thesoutheastern part of the Tombstone Gold Belt in eastern Yukon andwestern Northwest Territories.  Management believes that this area,which is underexplored for RIRGS deposit types, has the potential tobe the next frontier for the discovery of these large goldsystems.

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, the Company’s futureexploration activities; and general business and economic conditions.Often, but not always, these forward looking statements can beidentified 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, changes in generaleconomic conditions and financial markets; the Company or any jointventure partner not having the financial ability to meet itsexploration and development goals; risks associated with the resultsof exploration and development activities, estimation of mineralresources and the geology, grade and continuity of mineral deposits;unanticipated costs and expenses; and such other risks detailed fromtime to time in the Company’s quarterly and annual filings withsecurities regulators and available under 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 theCompany’s stated goals and planned exploration activities at itsproperties will be achieved; that there will be no material adversechange affecting the Company, its properties or its securities; andsuch other assumptions as set out herein. Forward-looking statementsare made as of the date hereof and the Company disclaims anyobligation to update any forward-looking statements, whether as aresult of new information, future events or results or otherwise,except as required by law. There can be no assurance thatforward-looking statements will prove to be accurate, as actualresults 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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