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AuMEGA Metals Announces Secondary Canadian Listing

Corporate Updates

AuMEGA Metals Ltd ASX: AAM | TSX: AUM | OTCQB: AUMMF

ABN 45 612 912 393 aumegametals.com

24 June 2024

Page 1 of 3

AuMEGA Metals Announces Secondary Canadian Listing

Key Highlights

• New Toronto Venture Stock Exchange (“TSXV”) listing will complement existing primary

listing on the Australian Securities Exchange (“ASX”).

• Trading on the TSXV expected to commence effective 26 June 2024 under the trading

symbol “AUM”

• There is no new issuance of shares in connection with the TSXV listing

• AuMEGA shares will be fully fungible , allowing shareholders to move shares between

exchanges.

• Leveraging inherent experience in dual listings.

June 24, 2024 - Edmonton - AuMEGA Metals Ltd (formerly Matador Mining Ltd) (ASX: AAM | TSXV: AUM

| OTCQB: AUMMF) (“AuMEGA” or “the Company”) is pleased to announce it has received formal

approval from the TSXV to list on the TSXV (the “Listing”) . Effective 26 June 2024, the Company will

commence trading on the TSXV under the trading symbol “AUM”. The Company will retain its primary

listing on the ASX under the trading symbol “AAM”.

AuMEGA Metal’s Managing Director and CEO, Sam Pazuki commented:

“Expanding access to new capital markets has been one of our stated strategies for the past two years.

As such, we are very pleased to be listing AuMEGA on one of the premier stock exchanges for the mining

industry to complement our existing listing on the ASX. We have a diverse shareholder register that

includes global institutional, corporate and retail investors that have supported our strategy to create

long-term, sustained value for shareholders by unlocking the potential of our portfolio through world -

class exploration on our district-scale land package in Newfoundland.

“Given the location of our portfolio, a Listing in Canada gives North American and European investors a

more convenient ability to invest in the Company and trade shares during market times conducive to

AuMEGA Metals Ltd

ASX: AAM | TSX: AUM | OTCQB: AUMMF

aumegametals.com

Page 2 of 3

News Release

24/06/2024

them. As a junior exploration company and given my own experience in growing a previously dual-listed

company, having access to capital in two premier mining stock exchanges and being able to properly

service both markets give us a unique, competitive advantage over our peer group.”

There will be no equity offering associated with the L isting. AuMEGA shares are fully fungible across

both the ASX and TSXV allowing flexibility for shareholders to hold and trade shares in either market.

The total number of issued and outstanding shares following completion of the Listing will be

524,712,468.

For further information on the Listing and associated listing documents, please refer to the Company’s

issuer profile on SEDAR+ at www.sedarplus.ca

– ENDS –

This announcement has been authorised for release by the Company’s Board of Directors.

To learn more about the Company, please visit www.aumegametals.com, or contact:

Sam Pazuki, Managing Director & CEO

Canada Phone: +1 416 915 3178

Australia Phone: +61 8 6117 0478

Email: [email protected]

About the Company

AuMEGA Metals Ltd (ASX: AAM | TSXV: AUM | OTCQB:AUMMF) is an exploration company focused on

making gold discoveries in Newfoundland, Canada. The Company is one of only a few gold companies

with a defined gold Mineral Resource, currently 6.2 million tonnes of ore grading an average of 2.25 g/t

for a total of 450,000 ounces of gold in Indicated Resources and 3.4 million tonnes of ore grading an

average of 1.44 g/t for a total of 160,000 ounces of gold in Inferred Resources . AuMEGA is well

AuMEGA Metals Ltd

ASX: AAM | TSX: AUM | OTCQB: AUMMF

aumegametals.com

Page 3 of 3

News Release

24/06/2024

positioned with an extensive land package comprising 1 10-kilometres of continuous strike along the

under-explored, multi -million-ounce Cape Ray Shear, a prolific gold structure in Newfoundland that

currently hosts several major mineral deposits. Additionally, the Company holds 27 -kilometres of

continuous strike at the Hermitage prospect which is located on the highly prospective Hermitage

Flexure. The Company also has an Option Agreement over the Blue Cove Copper Project in

southeastern Newfoundland, which is highly prospective for copper and other base metals.

AuMEGA acknowledges the financial support of the Junior Exploration Assistance Program,

Department of Industry, Energy and Technology, Provincial Government of Newfoundland and

Labrador, Canada.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS

DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE

ADEQUACY OR ACCURACY OF THIS RELEASE.