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Libra Energy Appoints Farid Mammadov as Vice President, Investor Relations

Corporate Updates

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LIBRA ENERGY APPOINTS FARID MAMMADOV AS VICE PRESIDENT, INVESTOR RELATIONS

Toronto, Ontario --- Newsfile Corp. --- August 6, 2026 – Libra Energy Materials Inc. (CSE: LIBR) (OTCQB: LIBRF) (FSE:

W0R0) (“ Libra” or the “ Company”) is pleased to announce the appointment of Mr. Farid Mammadov, CPIR , as Vice

President, Investor Relations of the Company, effective immediately. Mr. Mammadov is a seasoned mining investor

relations, marketing and communications professional, with over five years of experience in the junior mining sector.

Farid Mammadov previously served as Vice President, Investor Relations at New Age Metals Inc. He holds the Certified

Professional Investor Relations ( CPIR) designation from the Canadian Investor Relations Institute ( CIRI) and a B.A. in

Business Law and a minor in Economics from Carleton University.

“We welcome Farid to the Libra team. Investor relations is an area that deserves more focus given the important catalysts

we’ve been working towards over the last several months, and I look forward to working with Farid to better communicate

these milestones to shareholders in due course” said Koby Kushner, CEO of Libra.

“I am excited to be joining Libra at an important time for the Company. I look forward to working with the team and

bringing my experience in investor relations and capital markets to support clear, consistent communications with

shareholders and the broader investment community. My goal is to help strengthen and contribute to the Company’s long-

term growth” said Farid Mammadov, Vice President, Investor Relations.

About Libra Energy Materials Inc.

Libra (CSE: LIBR) (OTCQB: LIBRF) (FSE: W0R0) is a Canadian mineral exploration company focused on the discovery

and development of the critical minerals necessary for the green energy transition. Libra's Flanders North, Flanders

South, and SBC lithium projects in Ontario are being explored under a CAD $33 million earn-in deal with KoBold Metals

Company. In addition, Libra has 100% ownership of another four critical mineral projects in Ontario and Quebec,

Canada, as well as another thirty projects in Brazil – an emerging critical minerals hub. The Libra team comprises a mix

of seasoned executives, engineers, and geoscientists, with extensive experience in mining and mineral exploration,

capital markets, asset management, energy, and First Nations engagement.

For more information, please contact Libra Energy Materials Inc.:

Koby Kushner, P.Eng., CFA

Chief Executive Officer and Director

Email: [email protected]

Telephone: 416-846-6164

Website: libraenergymaterials.com

LinkedIn: linkedin.com/company/libra-energy-materials

Instagram: @libraenergymaterials

X: @LibraEnergyMats

Forward Looking Information

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

applicable securities laws. Such statements relate to future events and include, without limitation, statements regarding

Libra’s exploration programs, prospecting and exploration activities, geological, geophysical and geochemical surveys,

interpretations of historical and current exploration data, permitting and licensing, environmental regulations,

community engagement, timing of exploration activi ties, reliance on third parties, and other risks associated with the

natural resources industry. All statements other than historical facts are forward- looking statements.

These forward-looking statements are based on assumptions and expectations considered reasonable by management

at the time they were made; however, no assurance can be given that such expectations will prove correct. Forward -

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looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to

differ materially from those anticipated. Accordingly, readers should not place undue reliance on such statements.

The forward- looking statements contained in this news release are made as of the date hereof, and the Company

undertakes no obligation to update or revise them, except as required by applicable securities laws. Readers are

cautioned that the foregoing list of factors is not exhaustive.

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts

responsibility for the adequacy or accuracy of this release.