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2025-12-04 News Release - Miata Metals Announces Filing of Final Short Form Prospectus – Accessible on SEDAR+

Financings

Miata Metals Announces Filing of Final Short Form Prospectus – Accessible on

SEDAR+

Not for distribution to United States newswire services or for dissemination in the United States

VANCOUVER, British Columbia, Dec. 04, 2025 -- Miata Metals Corp. ( CSE:MMET) (FSE: 8NQ) (OTCQB: MMETF) (“Miata” or

the “Company”) is pleased to announce that, further to its news release dated November 18, 2025, it has filed a final short

form prospectus dated December 3, 2025 (the “Final Prospectus”) with the securities commissions in each of the provinces

of Canada, except Quebec, in connection with its public offering of common shares of the Company (the “ Common Shares”)

at $0.48 per Common Share for aggregate gross proceeds of up to $10,000,080 (the “Offering”).

The Offering is being conducted through a syndicate of agents led by Cormark Securities Inc. (collectively, the “ Agents”). The

Company has granted the Agents an option (the “ Over-Allotment Option ”) to sell up to an additional 3,125,000 Common

Shares on the same terms and exercisable at any time up to 30 days following the closing of the Offering, to cover over-

allotments, if any. If the Over-Allotment Option is exercised in full, additional gross proceeds of $1,500,000 will be raised

pursuant to the Offering and the aggregate gross proceeds of the Offering will be $11,500,080.

Access to the Final Prospectus is provided in accordance with securities legislation relating to procedures for providing access

to a prospectus. The Final Prospectus is accessible on SEDAR+ at www.sedarplus.ca. An electronic or paper copy of the

Final Prospectus and any amendment may be obtained, without charge, from Cormark Securities Inc. by email at

[email protected] by providing the contact with an email address or address, as applicable. The Final Prospectus contains

important detailed information about the Company and the Offering. Prospective investors should read the Final Prospectus

and the other documents the Company has filed on SEDAR+ before making an investment decision.

Closing of the Offering is expected to occur on or about December 8, 2025 and is subject to regulatory approval, including that

of the Canadian Securities Exchange.

Additionally, the Company has filed a revised annual information form (“AIF”) for the year ended June 30, 2025, on its profile on

SEDAR+. The revised AIF includes the results of the Company’s September 2025 drill program on its Sela Creek project.

This press 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 prior to registration or qualification under

the securities laws of any such jurisdiction. This press release does not constitute an offer of securities for sale in the United

States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933,

as amended, and such securities may not be offered or sold within the United States absent registration under U.S. federal

and state securities laws or an applicable exemption from such U.S. registration requirements.

About Miata Metals Corp.

Miata Metals Corp. (CSE: MMET) is a Canadian mineral exploration company listed on the Canadian Securities Exchange, as

well as the OTCQB (OTCQB: MMETF) and Frankfurt (FSE: 8NQ) Exchanges. The Company is focused on the acquisition,

exploration, and development of mineral properties. The Company holds a 70% interest in the ~215km 2 Sela Creek Gold

Project with an option to acquire a full 100% interest in the project, and a 70% beneficial interest in the Nassau Gold Project in

Suriname with an option to acquire 100%. Both exploration properties are located in the greenstone belt of Suriname.

CONTACT INFORMATION

Miata Metals Corp.

Dr. Jacob (Jaap) Verbaas | CEO & Director

Tel: +1 (778) 488-9754

[email protected]

Cautionary and Forward-Looking Statements

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation.

Forward-looking information includes, without limitation, statements regarding the timing of the Offering, and the future plans

or prospects of the Company. Generally, forward-looking information can be identified by the use of forward-looking

terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts",

"intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain

actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking

information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of

activity, performance or achievements of Miata Metals Corp., as the case may be, to be materially different from those

expressed or implied by such forward-looking information. Although the Company has attempted to identify important factors

that could cause actual results to differ materially from those contained in forward-looking information, there may be other

factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information

will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.

Accordingly, readers should not place undue reliance on forward-looking information. Other factors which could materially

affect such forward-looking information are described in the risk factors in the Company's most recent annual management's

discussion and analysis and annual information form that are available on the Company's profile on SEDAR+ at

www.sedarplus.ca. The Company does not undertake to update any forward-looking information, except in accordance with

applicable securities laws.