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AZR.V ·

Azarga Metals Retains Market Making Services

Marketing Announcement

AZARGA METALS CORP.

UNIT 1 – 15782 MARINE DRIVE, WHITE ROCK, B.C. V4B 1E6, CANADA

www.azargametals.com

FOR IMMEDIATE RELEASE TSX-V: AZR

AZARGA METALS RETAINS MARKET MAKING SERVICES

April 30, 2025 – Vancouver, B.C. – AZARGA METALS CORP. ("Azarga Metals" or the

“Corporation”) (TSX-V:AZR) has, subject to TSX Venture Exchange (“ TSXV”) approval,

retained Red Cloud Securities Inc. (“Red Cloud”) to provide market -making services and to

provide assistance in maintaining an orderly trading market for the common shares of the

Company with effect from May 1, 2025.

The market-making service will be undertaken by Red Cloud, a registered broker in compliance

with the applicable policies of the TSXV and other applicable laws. For its services, Azarga

Metals has agreed to pay Red Cloud $5,000 per month for a six (6) month term, after which the

service will automatically renew on a month-to-month basis. Azarga Metals and Red Cloud act

at arm's length, and Red Cloud has no present interest, directly or indirectly, in Azarga Metals

or its securities. There are no performance factors contained in the agreement between Red

Cloud and the Company and Red Cloud will not receive any shares or options from the Company

as compensation for services it will render.

About Red Cloud Securities Inc.

Red Cloud Securities Inc. is registered as an Investment Dealer in Ontario, Québec, Alberta and

British Columbia and is a member of the Investment Industry Organization of Canada. It is

focused on providing unique comprehensive capital market services and innovative financing

alternatives to the junior resource sector. The company was founded by capital markets

professionals who designed the firm to service small public and private companies. This solution

is a comprehensive platform that provides a full range of unconflicted corporate access services.

Offering these services as a unified platform provides the ultimate value proposition for issuer

clients.

Gordon Tainton,

President and Chief Executive Officer

For further information please contact: Ben Meyer, at (+1) 604-536-2711 ext. 1 or visit

www.azargametals.com. The address of the corporate office of Azarga Metals is Unit 1 - 15782

Marine Drive, White Rock, BC V4B 1E6, British Columbia, Canada.

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.