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AZR.V ·

Azarga Metals Security Awards

Corporate Updates

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 SECURITY AWARDS

November 25, 2025 – Vancouver, B.C. – AZARGA METALS CORP. ("Azarga Metals" or the

“Company”) (TSX-V:AZR) reports that a total of 9 16,667 restricted share units (“ RSUs”) were

awarded to a consultant to the Company under the Company’s Equity Incentive Plan (the “Plan”).

The RSUs will vest on the first anniversary of the award date and will be settled in common shares

in accordance with the Plan.

AZARGA METALS CORP.

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.