Coniagas Announces MCTO Status

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Coniagas Announces MCTO Status

Vancouver, BC – July 9, 2025 – Coniagas Battery Metals Inc. (TSXV: COS) (“Coniagas” or the

“Company”), is providing this bi-weekly update on the status of the management cease trade orde r

issued May 1, 2025 (the "MCTO") concerning the delay of the filing of its annual financial statements

in respect of its year ended December 31, 2024, its management discussion and analysis relating to its

annual financial statements, and the CEO and CFO certifications (Collectively the “Annual Filings”). The

Company announces that its principal regulator, the British Columbia Securities Commission, has

granted an extension to the existing management cease trade order granted on May 1, 2025 (the

"MCTO") from June 30 to July 14, 2025. The MCTO was granted due to a delay in the filing of the

audited consolidated financial statements for the year ended December 31, 202 4, annual

management's discussion and analysis for the same period and management certification of annual

filings (collectively, the "Filings").

Subsequent to the Annual Filings the Company will also be required to file it Q1 interim financial

statements in respect of its 3 -month period ended March 31, 2025, its management discussion and

analysis relating to its 3 -month period, and the CEO and CFO certifications (collectively, the " Interim

Filings.")

The MCTO will stay in effect until both the Annual and Interim Filings are filed and the Company intends

to satisfy the provisions of the alternative information guidelines in accordance with National Policy

12-203 - Management Cease Trade Orders ("NP 12-203") by issuing bi-weekly default status reports in

the form of news releases until the situation is satisfactorily rectified. The MCTO restricts the

Company's Chief Executive Officer and the Chief Financial Officer from trading in the Company's

securities but does not affect the ability of other shareholders, including the public, to trade in

securities of the Company.

The Company confirms that it will continue to satisfy the provisions of the alternative information

guidelines under NP 12-203 by issuing bi-weekly default status reporting in the form of news releases

for so long as it remains in default of the above noted filing requirements.

About Coniagas Battery Metals Inc.

Coniagas Battery Metals Inc. is a Canadian junior mining company focused on nickel, copper and cobalt

and platinum group metals in Québec. Coniagas’ strategy is to create value for shareholders through

the development of its mineral properties, with the intention to develop Coniagas into a critical metals

supplier to the electric vehicle (EV) market.

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Coniagas Battery Metals Inc.

For corporate matters, please contact:

“Frank J. Basa”

Frank J. Basa, P. Eng. Member of Professional Engineers Ontario

Chief Executive Officer

For further information, contact:

Frank J. Basa, P. Eng. Ontario

Chief Executive Officer

416-625-2342

or:

Wayne Cheveldayoff, Corporate Communications

P: 416-710-2410 E: [email protected]

You can follow Coniagas on Social Media:

LinkedIn: https://www.linkedin.com/company/coniagas-battery-metals/

X (Twitter): https://twitter.com/coniagasmetals

Facebook: https://www.facebook.com/coniagas/

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of

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

Caution Regarding Forward-Looking Statements

This news release may contain forward-looking statements regarding Coniagas Battery Metals Inc. (“Coniagas” or the “Company”) which

include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties.

Except for statements of historical facts, comments that address the Coniagas trading on the TSX Venture Exchange, resource potential,

upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are

forward-looking. No assurance can be given that any of the foregoing will be achieved. Forward -looking statements are not guarantees

of future performance and actual results may vary materially from those statements. General business conditions are factors that could

cause actual results to vary materially from forward-looking statements. The Company does not undertake to update any forward-looking

information in this news release or other communications unless required by law.