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ENRG.V ·

New Energy Closes Non-Brokered Private Placement

Financings

New Energy Closes Non-Brokered Private Placement

Vancouver, BC – August 8 , 2025 – New Energy Metals Corp. (TSXV: ENRG) (OTCQB:

NRGYF) (“New Energy ” or the “Company “) is pleased to announce that it has closed a non-

brokered private placement (the “Offering”) of 278,000 units at a price of $0.18 per unit for gross

proceeds of $50,040.

Each Unit consists of one common share (a “ Share”) and one transferable common share

purchase warrant (a “ Warrant”) of the Company. Each Warrant entitles the holder to purchase

one additional Share at a price of $0. 25 per Share for a period of two years from the date of

issuance.

The Company intends to use the net proceeds from the Offering for general working capital

purposes.

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

months and one day from the date of issuance in accordance with applicable securities laws. The

Offering remains subject to final approval by the TSX Venture Exchange ("TSX-V").

The securities offered have not been and will not be registered under the United States Securities

Act of 1933, as amended, or any U.S. state securities laws, and may not be offered or sold in the

United States absent registration or an applicable exemptio n from such registration

requirements.

ON BEHALF OF THE BOARD OF DIRECTORS,

NEW ENERGY METALS CORP.

Kenneth Kaczkowski

CEO

www.new-enrg.com

About New Energy Metals Corp.

New Energy Metals Corp. is a Canadian -based resource company listed on the TSX Venture

Exchange under the symbol “ENRG” . The Company has an option to purchase a 100% interest in

the Troitsa Copper property covering approximately 7,000 hectares located in the Omineca

Mining Division of British Columbia.

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.

Forward-Looking Statements

This news release contains forward- looking statements within the meaning of applicable

securities laws relating to the Company’s closing of the Offering, the expected use of proceeds,

and the Company’s future plans and strategic initiatives. Forward- looking statements are based

on expectations, estimates, and projections as of the date of this news release and are subject to

a number of risks and uncertainties, including without limitation, market conditions, the ability of

the Company to execute its busine ss plans, and other risk factors disclosed in the Company’s

public disclosure documents. There can be no assurance that the Offering will yield the anticipated

benefits or that the proceeds will be used as currently intended. Actual results may differ

materially from those expressed or implied by such forward- looking statements. The Company

undertakes no obligation to update any forward- looking statements except as required by

applicable law.