Appointment of Cavendish as Joint Broker for Cornish Metals Inc.

Cornish Metals Inc. has appointed Cavendish Capital Markets Limited as joint broker to the Company, effective immediately. Cavendish will work alongside existing nominated adviser and joint broker SP Angel Corporate Finance LLP and financial adviser Hannam & Partners. Cornish Metals is a dual-listed company focused on advancing the South Crofty high-grade, underground tin Project through to a construction decision, as well as exploring its additional mineral rights, all located in Cornwall, United Kingdom.

The South Crofty tin mine, which started production in 1592 and operated for over 400 years, possesses Planning Permission for underground mining valid to 2071, to construct new processing facilities and all necessary site infrastructure, and an Environmental Permit to dewater the mine. The Project has the 4th highest grade tin Mineral Resource globally and benefits from existing mine infrastructure including multiple shafts that can be used for future operations. Tin is a Critical Mineral as defined by the UK, USA, and Canadian governments, and there is no primary tin production in Europe or North America.

The Company's updated Mineral Resource completed in September 2023 showed a 39% increase in tonnes and a 32% increase in contained tin in the Indicated category for the Lower Mine. The Mineral Resource Estimate for South Crofty is available in a report titled the South Crofty Tin Project - Mineral Resource Update NI 43-101 Technical Report, co-authored by Mr. N. Szebor and Mr. R. Chesher of AMC Consultants.

The technical information in the news release has been compiled by Mr. Owen Mihalop, Chief Operating Officer for Cornish Metals Inc., who has reviewed and takes responsibility for the data and geological interpretation. Mr. Mihalop is a Competent Person as defined under the JORC Code (2012) and as a Qualified Person under NI 43-101 and AIM.

For additional information, please contact Cornish Metals or its financial advisers. Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. The news release contains certain forward-looking information and forward-looking statements.