Bedford Metals Announces Closing of Private Placement

NEWS RELEASE

BEDFORD METALS ANNOUNCES CLOSING OF PRIVATE PLACEMENT

Vancouver, Canada – April 14, 2026 – Bedford Metals Corp. (TSX-V: BFM, FWB: 08D, ISIN: CA0762301012)

(the “Company” or “Bedford”) is pleased to announce that it has closed a non-brokered private placement

(the “Offering”) and has issued 5,000,000 common shares (each, a “Share”) at a price of $0.20 per Share

for gross proceeds of $1,000,000. Each Share was issued as a flow-through share within the meaning of

the Income Tax Act (Canada).

The Company anƟcipates the proceeds of the Offering will be directed towards the conƟnued exploraƟon

and development of its Ubiquity Lake and Sheppard Lake Uranium Projects.

In consideration for introducing the investors to the Offering, the Company has issued 500,000 Shares at

a deemed price of $0.20 per Share to an arm's-length party. All securities issued in connection with the

Offering are subject to restrictions on resale until August 14, 2026, in accordance with applicable securities

laws

For further informaƟon, please contact the Company at [email protected] or 604-622-1199 or visit

the Company’s website at www.bedfordmetals.com.

On behalf of the Board,

Bedford Metals Corp.

“Peter Born”

President

Neither the TSX Venture Exchange nor its Regula Ɵon Services Provider (as that term is defined in policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private

SecuriƟes Li ƟgaƟon Reform Act of 1995 and “forward-looking informa Ɵon” within the meaning of applicable

Canadian securiƟes laws. When or if used in this news release, the words “anƟcipate”, “believe”, “esƟmate”, “expect”,

“target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions iden Ɵfy forward-looking statements

or info rmaƟon. Such statements represent the Comp any’s current views with respect to future events and are

necessarily based upon a number of assump Ɵons and esƟmates that, while considered reasonable by the Company,

are inherently subject to significant business, economic, compe ƟƟve, poli Ɵcal and social risks, con Ɵngencies and

uncertainƟes. Many factors, both known and unknown, could cause results, performance, or achievements to be

materially different from the results, performance or achievements that are or may be expressed or implied by such

forward-looking statements. The Company does not intend, and does not assume any obliga Ɵon, to update these

forward-looking statements or informa Ɵon to reflect changes in assump Ɵons or changes in circumstances or any

other events affec Ɵng such statements and informa Ɵon other than as required by applicable laws, rules and

regulaƟons.