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DEMC.CN ·

Discovery Energy Metals Completes Non-Brokered Private Placement for Proceeds of $1,000,000

Financings

Discovery Energy Metals Completes Non-Brokered

Private Placement for Proceeds of $1,000,000

Vancouver, British Columbia, Canada – August 19, 2025 – Discovery Energy Metals Corp.

(CSE: DEMC) (OTC: DEMCF) (FRA: Q3Q0) (WKN: A3EFKA) (“ Discovery” or the

“Company”), a Canadian exploration company focused on advancing domestic energy freedom

through regional Energy Metals discovery, is pleased to announce that it has completed a non-

brokered private placement of 10,000,000 units of the Company (“Units”) at a price of $0.10 per

Unit for gross proceeds of $1,000,000 (the “Offering”). Each Unit is comprised of one common

share of the Company and one transferable share purchase warrant, with each warrant exercisable

to acquire one common share of the Company at a price of $0.15 per share for a period of 24

months from the date of issuance. The gross proceeds from the Offering will be used for general

working capital and property exploration.

All securities issued in connection with the Offering are subject to a statutory hold period of four

months and one day pursuant to applicable securities law.

None of the securities sold in connection with the Offering are registered under the United

States Securities Act of 1933, as amended, and no such securities were offered or sold in the United

States absent registration or an applicable exemption from the registration requirements. This news

release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be

any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be

unlawful.

For more information please visit: www.discoveryenergymetals.com.

About Discovery Energy Metals Corp. (CSE: DEMC) (OTCQB: DEMCF) (FRA: Q3Q0)

(WKN: A3EFKA)

Discovery Energy Metals Corp. is a Canadian exploration company focused on advancing mineral

resource projects in North America. The Company holds a 100% interest in 1,675 mineral claims

in Serindac Lake and 2,113 mineral claims in Vaubert Lake for a combined total of approximately

164,283 hectares (~405,952 acres) located in the Nunavik region of Northern Quebec, 303 mineral

claims comprising approximately 16,392 hectares (~40,505.5 acres) identified as the Route De

Nord, Lac Belanger, Lac Ferland and Lac Roberston properties located across the northern and

eastern regions of Québec including the prolific lithium district of the James Bay region, and a

further 8 mineral claims totaling approximately 5,283 hectares (~13,054.58 acres) identified as the

Crystal Lake property in north- central British Columbia . Additionally, the Company is actively

advancing its ESN Project for gold exploration in Nevada and evaluating the Koster Dam Project

in Central British Columbia through a joint venture with Cariboo Rose Re sources. Find out more

at: www.discoveryenergymetals.com and follow us on X (formerly twitter), and LinkedIn.

On behalf of the Board of Directors,

Mike Hodge

President & Chief Executive Officer

For further information, please contact:

Discovery Energy Metals Corp.

1450 - 789 West Pender Street,

Vancouver, BC Canada V6C 1H2

Telephone: +1 (604) 681-1568

Email: [email protected]

Web: www.discoveryenergymetals.com

Caution Regarding Forward-Looking Information

Certain statements contained in this news release may constitute “forward- looking information”

within the meaning of Canadian securities legislation. Forward- looking information is often, but

not always, identified by the use of words such as “anticipate”, “plan”, “estimate”, “expect”,

“may”, “will”, “intend”, “should”, “potential”, “indicative” and similar expressions. Forward-

looking information in this news release includes, but is not limited to, the Offering, including the

timing, terms and anticipated use of proceeds from the Offering, the timely receipt of all necessary

approvals for the Offering, and other statements regarding the Company’s future business plans

and objectives. Forward- looking information involves known and unknown risks, uncertainti es

and other factors that may cause actual results or events to differ materially from those anticipated

in such forward-looking information. The Company’s actual results could differ materially from

those anticipated in this forward-looking information as a result of risks and uncertainties inherent

in the exploration and development of mineral properties, fluctuations in commodity prices,

counterparty risk, market conditions, regulatory decisions, competitive factors in the industries in

which the Company operates, prevailing economic conditions, changes to the Company’s strategic

growth plans, and other factors, many of which are beyond the control of the Company. The

Company believes that the expectations reflected in the forward- looking information are

reasonable, but no assurance can be given that these expectations will prove to be correct and

such forward- looking information should not be unduly relied upon. Any forward- looking

information contained in this news release represents the Company’s expect ations as of the date

hereof and is subject to change after such date. The Company disclaims any intention or obligation

to update or revise any forward-looking information whether as a result of new information, future

events or otherwise, except as required by applicable securities legislation.