Bedford Metals Engages Condor North Consulting FOR Advanced Geophysical Modeling at Ubiquity Lake Uranium Project

NEWS RELEASE

BEDFORD METALS ENGAGES CONDOR NORTH CONSULTING FOR ADVANCED GEOPHYSICAL MODELING

AT UBIQUITY LAKE URANIUM PROJECT

November 27 th, 2024—Bedford Metals Corp. (TSX-V: BFM, FWB: O8D, ISIN: CA0762301012) (the

“Company” or “Bedford”) is pleased to announce that it has engaged Condor North Consulting to

undertake advanced geophysical modeling of VTEM, MegaTEM EM, and magnetic data for the Company’s

Ubiquity Lake Uranium Project. The project is located on the southern margin of the Athabasca Basin,

approximately 100 kilometers west of the Key Lake Mine, in northern Saskatchewan.

This advanced geophysical investigation will focus on identifying and mapping zones with electromagnetic

(EM) and magnetic signatures to further refine exploration targets. These refined targets will enhance the

company’s ongoing and future exploration efforts in one of the world’s most prolific uranium regions.

Condor North Consulting, headquartered in Lakewood, Colorado, is an established geophysical consulting

firm with over two decades of experience in uranium exploration in the Athabasca Basin. The firm has an

extensive track record of successfully assisting companies in identifying and advancing high-potential

targets using cutting-edge geophysical technologies and methodologies.

Peter Born, President of Bedford, commented, “Engaging Condor North Consulting represents another

important step forward for our Ubiquity Lake Uranium Project. Their expertise in advanced geophysical

modeling, combined with their deep knowledge of the Athabasca Basin, will significantly enhance our

ability to refine and prioritize exploration targets. We are excited about the insights this work will provide

and look forward to incorporating the results into our ongoing exploration programs.”

Bedford remains committed to conducting all exploration activities in an environmentally responsible

manner. The Company prioritizes minimizing its environmental footprint while ensuring that all

operations are sustainable and respectful of the natural environment. Additionally, Bedford values

collaboration with local indigenous groups and stakeholders, ensuring that its activities are carried out

transparently and with mutual benefit in mind.

The Company will provide updates on the progress of the geophysical modeling as results become

available and further exploration plans are developed.

Qualified Person

Dr. Peter Born, P.Geo., is the designated qualified person, as defined by National Instrument 43-101, and

the President of the Company and is responsible for and has approved the technical information

contained in this release.

For further information, 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 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.

Cautionary Note Regarding Forward-Looking Statements

This news release includes statements that contain “forward-looking information” within the meaning of the

applicable Canadian securities legislation (“forward-looking statements”). All statements, other than

statements of historical fact, are forward-looking statements and are based on expectations, estimates and

projections as at the date of this news release. Any statements that involves discussion with respect to

predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance

(often, but not always using phrases such as “plans”, “expects”, “is expected”, “budget”, “scheduled”,

“estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of

such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or

“will” be taken, occur or be achieved) are not statements of historical fact and may be forward-looking

statements. In this news release, forward -looking statements relate, among other things to: the likelihood of

completion of the Offering, the use of proceeds from sales from the Offering, the closing of the Offering and the

ability to obtain the necessary regulatory authorizations and approvals.

These statements reflect the Company’s respective current views with respect to future events and are

necessarily based upon a number of other assumptions and estimates that, while considered reasonable by

management, are inherently subject to significant business, economic, competitive, political and social

uncertainties and contingencies. Many factors, both known and unknown, could cause actual 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 and the Company has made

assumptions and estimates based on or related to many of these factors. Such factors include, without

limitation: precious metals price volatility; risks associated with the conduct of the Company’s mining activities

in foreign jurisdictions; regulatory, consent or permitting delays; risks relating to reliance on the Company’s

management team and outside contractors; risks regarding exploration and mining activities; the Company’s

inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations;

risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing

and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves

and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to

properties, particularly title to undeveloped properties; laws and regulations governing the environment, health

and safety; the ability of the communities in which the Company operates to manage and cope with the

implications of public health crises; the economic and financial implications of public health crises, ongoing

military conflicts and general economic factors to the Company; operating or technical difficulties in connection

with mining or development activities; employee relations, labour unrest or unavailability; the Company’s

interactions with surrounding communities; the Company’s ability to successfully integrate acquired assets; the

speculative nature of exploration and development, including the risks of diminishing quantities or grades of

reserves; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for

shareholders of the Company; litigation risk; and the factors identified under the caption “Risk Factors” in the

Company’s public disclosure documents. Readers are cautioned against attributing undue certainty to forward–

looking statements. Although the Company has attempted to identify important factors that could cause actual

results to differ materially, there may be other factors that cause results not to be anticipated, estimated or

intended. The Company does not intend, and does not assume any obligation, to update these forward–looking

statements to reflect changes in assumptions or changes in circumstances or any other events affecting such

statements or information, other than as required by applicable law.