Sterling Metals Announces Sale of Sail Pond Project

STERLING METALS ANNOUNCES SALE OF SAIL POND PROJECT

April 13, 2026 – Toronto, Ontario – Sterling Metals Corp. (TSXV: SAG, OTCQB: SAGGF) (“Sterling” or the

“Company”) is pleased to announce that it has entered into a purchase agreement dated March 17, 2026

(the “Agreement”) with an arm’s length party to the Company (the “ Purchaser”) for the sale of a 100%

interest in the Sail Pond project (the “ Property”) to the Purchaser. Pursuant to the terms of the

Agreement, as consideration for the Property, the Purchaser shall issue 96,078 common shares in the

capital of the Purchaser to the Company (the “Transaction”).

The completion of the Transaction contemplated by the Agreement remains subject to the approval of all

regulatory and other approvals, including the approval of the TSX Venture Exchange. All securities issued

pursuant to the Transaction will be subject to a statutory hold period of four months and one day from

the issuance thereof, as applicable, in accordance with applicable securities laws.

About Sterling Metals

Sterling Metals is a mineral exploration company focused on large scale and high -grade Canadian

exploration opportunities. The Company is advancing the 25,000 -hectare Soo Copper Project in Ontario

which has past production, and multiple breccia and porphyr y targets strategically located near robust

infrastructure and the 29,000-hectare Adeline Project in Labrador which covers an entire sediment-hosted

copper belt with significant silver credits. Both opportunities have demonstrated potential for important

new copper discoveries, underscoring Sterling's commitment to pioneering exploration in mineral rich

Canada.

Sterling Metals acknowledges that its exploration activities within the Soo Copper project are conducted

on the traditional lands of the First Nations of the North Shore of Lake Superior. We recognize and respect

the longstanding and diverse relationships Indigenous Peoples have with the land and are committed to

engaging in a manner that is respectful, transparent, and inclusive.

For more information, please contact:

Sterling Metals Corp.

Mathew Wilson, CEO and Director

Tel: (416) 643-3887

Email: [email protected]

Website: www.sterlingmetals.ca

Neither the 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.

This news release contains certain “forward-looking information” within the meaning of applicable securities laws. Forward

looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”,

“estimate”, “may”, “will”, “would”, “potential”, “proposed” and other similar words, or statements that certain events or

conditions “may” or “will” occur. These statements are only predictions. Forward-looking information is based on the opinions

and estimates of management at the date the information is provided and 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.

For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the

Company’s Management’s Discussion and Analysis. The Company undertakes no obligation to update forward-looking

information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is

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