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GWM.V ·

Galway Metals Engages Simone Capital Corp. for Investor Relations Services

Marketing Announcement

82 Richmond Street East Tel: 800-771-0680

Toronto, ON M5C 1P1 Fax: 416-361-0923

Galway Metals Engages Simone Capital Corp. for Investor Relations Services

Toronto, Ontario – August 2 4, 2026 – Galway Metals Inc. (TSX -V: GWM) (OTCQB: GAYMF) (“Galway

Metals” or the “ Company”) is pleased to announce that it has entered into a consulting agreement with

Simone Capital Corp. (“Simone Capital”) dated August 21, 2026 (the “Agreement”). Under the Agreement,

Simone Capital will provide investor relations and capital markets advisory services to the Company on a

month-to-month basis. Either party may terminate the Agreement at any time. The services will include non-

deal and deal roadshows, coordinating introductory meetings and presentations with prospective investors,

daily outreach to the investment community, telephone and email campaigns, social media activities,

webinars and capital markets advisory services.

As consideration for the services, the Company will pay Simone Capital a cash fee of C$6,500 per month,

plus applicable taxes, which commences on August 24, 2026 . No securities, stock options, warrants or

other equity-based compensation will be issued to Simone Capital under the Agreement.

Simone Capital is an Ontario corporation that provides investor relations and capital markets advisory

services and has its head office at Unit 16, 158 Don Hillock Drive, Aurora, Ontario L4G 0G9. Simone Capital

is owned and controlled by Anthony Simone, its President, who will be the individual principally responsible

for providing the services to the Company. Simone Capital and Mr. Simone are arm's length to the Company

and have no other relationship with the Company except pursuant to the Agreement.

The Agreement will be filed with the TSXV and remains subject to the acceptance of the TSXV.

About Galway Metals Inc.

Galway Metals is a Canadian mineral exploration and development company focused on advancing its

100%-owned, high-grade, open-pitable flagship Clarence Stream gold project in southwest New Brunswick.

Clarence Stream is an emerging gold district with an exploration strike length of approximately 65 kilometres

and the existing resource is open in virtually all directions. Galway Metals holds a 90% participating interest

in the Estrades Project, a former producing high -grade, gold-rich polymetallic VMS mine in the northern

Abitibi of western Québec. Led by a management team with a proven track -record of creating shareholder

value having sold Galway Resources for US$340 million, Galway Metals is focused on creating value for

all its stakeholders.

For additional Information on Galway Metals Inc., Please contact:

Robert Hinchcliffe, President & Chief Executive Officer

Telephone: 1-800-771-0680

Website: www.galwaymetalsinc.com

Email: [email protected]

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Cautionary Statement

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the Toronto

Stock Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock

exchange, securities commission or other regulatory authority has approved or disapproved the information

contained herein.

This News Release includes certain “forward -looking statements” which are not comprised of historical

facts. Forward-looking statements include estimates and statements that describe the Company’s future

plans, objectives or goals, including words to the effect that the Company or management expects a stated

condition or result to occur. Forward -looking statements may be identified by such terms as “believes”,

“anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward -looking

statements are based on assumptions and address future events and conditions, by their very nature they

involve inherent risks and uncertainties. Although these statements are based on information currently

available to the Company, the Company provides no assurance that actual results will meet management’s

expectations. Risks, uncertainties and other factors involved with forward -looking information could cause

actual events, results, performance, prospects and opportunities to differ materially from those expressed

or implied by such forward-looking information. Forward looking information in this news release includes,

but is not limited to, the Company’s objectives, goals or future plans, information with respect to the OTCQB

listing, DTC eligibility, and broadening U.S. institutional and retail investors. Factors that could cause actual

results to differ materially from such forward -looking information include, but are not limited to changes in

economic conditions or financial markets, political and competitive developments, operation or exploration

difficulties, changes in equity markets, changes in exchange rates, fluctuations in commodity prices capital,

operating and reclamation costs varying significantly from estimates and the other risks involved in the

mineral exploration and development industry, and those risks set out in the Company’s public documents

filed on SEDAR+. Although the Company believes that the assumptions and factors used in preparing the

forward-looking information in this news release are reasonable, undue reliance should not be placed on

such information, which only applies as of the date of this news release, and no assurance can be given

that such events will occur in the disclosed time frames or at all. 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, other than as required by law.