Grit Metals Corp. Announces Debt Settlement

Grit Metals Corp. Announces Debt Settlement

Vancouver, British Columbia--(Newsfile Corp. - November 25, 2025) - Grit Metals (TSXV: FIN) (FSE:

K9T) ("Grit" or the "Company") is pleased to report that it has entered into a debt settlement agreement

with Vector Geological Solutions Inc., an arm's length party, to settle outstanding indebtedness (the

"Debt Settlement"). Pursuant to the Debt Settlement, the Company will issue 625,000 common shares

("Shares") at a deemed price of $0.12 per Share in full satisfaction of the $75,000 owing for geological

consulting services rendered to the Company. The board of directors has determined that completing

the Debt Settlement is in the best interests of the Company as it will preserve cash for working capital

purposes and strengthen the Company's balance sheet. The Debt Settlement remains subject to TSX

Venture Exchange approval. All shares issued will be subject to a hold period of four months and one

day from issuance.

About Grit Metals Corp.

Grit Metals Corp. is a junior mining company currently focussed on the Lithium-Cesium-Tantalum Finnish

Pegmatite Project in central Finland. Governing bodies in Europe and Finland are legislating

environmentally friendly and energy independent laws and policies. One of the key components is

access to REE and, specifically, lithium. The company's exploration licenses are located within 1 kms of

the Keliber mine and production complex, currently under construction and expected to begin production

in H2 2025.

An estimated €600 million investment by Keliber's parent company Sibanye-Stillwater Limited in

partnership with the Finnish Minerals Group (

www.mineralsgroup.fi

) is underway in the Kautinen Region

and will see the development of open-pit and underground mining from several deposits, construction of

a central spodumene concentrator plant and a lithium hydroxide chemical plant at tidewater in Kokkola.

When completed, this complex will comprise a complete hard-rock spodumene pegmatite lithium supply

chain (source:

www.sibanyestillwater.com

).

On behalf of the board of directors of the Company:

Jeremy Poirier

Chief Executive Officer

Telephone: 604-722-9842

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

Forward-Looking Information

Cautionary Statements Regarding Forward-Looking Information

This news release contains forward-looking information within the meaning of applicable securities

legislation. Forward-looking information is typically identified by words such as: believe, expect,

anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature,

refer to future events. Such statements include, without limitation, statements regarding the approval

of the Debt Settlement shares, obtaining approval from the TSXV for the Debt Settlement, the future

results of operations, performance and achievements of the Company, including the presence of

lithium mineralization at, and

the

exploration and development potential of, the Finland Pegmatite

Project. Although the Company believes that such statements are reasonable, it can give no

assurances that such expectations will prove to be correct. All such forward-looking information is

based on certain assumptions and analyses made by the Company in light of their experience and

perception of historical trends, current conditions and expected future developments, as well as other

factors management believes are appropriate in the circumstances. This information, however, is

subject to a variety of risks and uncertainties and other factors that could cause actual events or

results to differ materially from those projected in the forward-looking information. Important factors

that could cause actual results to differ from this forward-looking information include the costs of any

anticipated work programs and the ability to fund such costs, required approvals in connection with

any work programs and the ability to obtain such approvals, risks inherent in exploration as well as

those described under the heading "Risks and Uncertainties" in the Company's most recently filed

MD&A. The Company does not intend, and expressly disclaims any obligation to, update or revise

the forward-looking information contained in this news release, except as required by law. Readers are

cautioned not to place undue reliance on forward-looking information.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/275874