2026-04-14 — Adelphi Metals Closes Oversubscribed Private Placement

ADELPHI METALS CLOSES OVERSUBSCRIBED PRIVATE PLACEMENT

VANCOUVER, BRITISH COLUMBIA — April 14, 2026 — Adelphi Metals Inc. (CSE: ADP) (the

"Company") announces that further to its press releases dated March 3rd, March 5th and March 20th,

2026, the Company has closed its oversubscribed non-brokered private placement. The Company issued

5,320,000 units (the "Units") at a price of $0.10 per Unit for aggregate gross proceeds of $532,000.

Each Unit is comprised of one common share ("Share") and one-half transferable common share

purchase warrant of the Company ("Warrant"). Each whole Warrant will entitle the Subscriber to

purchase one Warrant Share for a 24-month period after the Closing Date at an exercise price of $0.15

per share. The company paid cash finders' fees in connection with subscriptions to the offering totaling

$19,960 and issued 189,600 warrants.

Proceeds raised will be used for general working capital.

Shares issued pursuant to the Financing will be subject to a four-month hold period according to

applicable securities laws of Canada.

ABOUT ADELPHI METALS INC.

Adelphi Metals Inc. is a Canadian junior exploration company advancing its flagship Triple R gold

project in British Columbia and its newly optioned Brady Sudbury Project in Ontario — a multi-target

property prospective for mesothermal lode gold, IOCG, and nickel-copper mineralization on the

northeast margin of the Sudbury Structure. The Company is actively seeking additional properties of

merit as it builds a diversified portfolio of precious and base metal assets across Canada.

ON BEHALF OF ADELPHI METALS INC.

“Mike England”

Mike England, CEO & Director

FOR FURTHER INFORMATION PLEASE CONTACT:

Telephone: +1-604-683-3995

Email: [email protected]

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the

adequacy or the accuracy of the contents of this release.