New Age Metals Announces Strategic Planning Service Agreement
NEW AGE METALS
ANNOUNCES STRATEGIC PLANNING SERVICE AGREEMENT
April 24, 2026 – Vancouver, British Columbia – New Age Metals Inc. (TSX.V: NAM | OTCQB:
NMTLF | FSE: P7J) (“NAM” or the “Company”) announces it has entered into an amended
agreement with Lawrence & Company Growth Advisors Inc. (the “Consultant”), dated April 23, 2026
(the “Agreement”), to provide the Company with Strategic Planning services to align the leadership
team with an effective three-year strategic direction for growth and to strengthen operational
procedures.
The Company and the Consultant have agreed the services to be received during the 2026 year of an
aggregate value of Cdn$22,000, will be paid as $11,000 in cash and $11,000 in shares, plus applicable
taxes, after the Company has received the services as outlined below:
Payment Date Cash Shares
On or about February 27, 2026 $5,500 Nil
On or about May 27, 2026 Nil $5,500
On or about August 27, 2026 $5,500 Nil
On or about November 27, 2026 Nil $5,500
Totals $11,000.00 $11,000.00
The deemed price of the securities to be issued will be determined after the date services are provided
to the Company in each period, calculated using the closing price on the TSX Venture Exchange on
each of the dates as stated above. The issuance of the securities is subject to TSX Venture Exchange
approval.
The Consultant is an arm’s length to the Company and does not own, directly or indirectly, any shares
of the Company. This transaction would not create a new insider or control person. Any Shares issued
in connection with the Agreement will be subject to a four -month plus one day hold period in
accordance with applicable securities regulations.
Under the terms of an initial agreement the Company and the Consultant had agreed the $22,000 fee for
services to be received would be paid in cash. Both parties expressed desire to amend th e initial terms as
outlined above.
About NAM
New Age Metals is a junior mineral exploration and development company focused on the discovery,
exploration, and development of critical green metal projects in North America. The Company has three
divisions: a Platinum Group Element division, a Lithium/Rare Metals division, an Antimony-Gold Division
as well as an investment in MetalQuest Mining’s (TSXV:MQM | OTC:MQMIF) high purity Lac Otelnuk
Iron Project.
The PGM Division includes the 100% owned, multi-million-ounce, district-scale River Valley Project,
one of North America’s largest undeveloped Platinum Group Element Projects, situated 100 km by
road east of Sudbury, Ontario. In addition to River Valley, NAM owns 100% of the Genesis PGM -Cu-
Ni Project in Alaska. Most recent PGM announcement: https://newagemetals.com/new-age-metals-
prepares-its-platinum-group-metals-division-to-launch/.
In addition, on January 21 st 2026, the Company recently expanded its Platinum Group Metals portfolio
through the acquisition of the Northern Shield PGM Project in Ontario’s Ring of Fire region, strengthening
its exposure to district-scale mafic–ultramafic systems prospective for nickel, copper, and platinum group
elements.
On February 26, 2026, the Company also acquired the Platreef PGM and Escape East PGM Projects, both
platinum group metals –nickel–copper (PGM –Ni–Cu) exploration properties located in northwestern
Ontario within and nearby the prospective Lac des Iles Igneou s Complex. The Complex hosts Canada’s
only primary palladium-producing operation, owned and operated by Impala Canada Ltd., a wholly owned
subsidiary of Impala Platinum Holdings Limited.
New Age Metals’ Antimony–Gold Division is focused on advancing a district -scale land package in
Newfoundland comprising 20,950 hectares across 11 non-contiguous properties. Six of these properties
are located in the St. Alban’s area along the Swanger’s Cove and Little River mineralized trends, while the
remaining five are strategically positioned along the same regional geological corridor as the past-producing
Beaver Brook Antimony Mine and near New Found Gold’s Queensway South Gold Project.
The Company recently completed its Phase 2 exploration program at the St. Alban’s properties, which
significantly advanced the project through the identification of high -grade, structurally controlled gold –
antimony mineralization along an emerging ~16 km A u–Sb trend. Highlights from Phase 2 include grab
samples returning up to 51.9% antimony and 46.2 g/t gold at the Antimony Ridge property, confirming the
strength and scale of this developing mineralized system. In response to these results, NAM expanded it s
land position by staking an additional 40 claims (~1,000 hectares), including the Pardy Head antimony
occurrence, and has received approvals for trenching in preparation for the next phase of exploration. The
Company is now planning follow -up trenching a nd drill targeting for 2026 as it advances this highly
prospective critical minerals and gold asset in Newfoundland. Most recent releases:
https://newagemetals.com/new-age-metals-reports-up-to-51-9-antimony-and-46-2-g-t-gold-from-
phase-2-exploration-at-st-albans-newfoundland/
https://newagemetals.com/axiom-exploration-group-initiates-xcite-helicopter-borne-tdem-survey-over-
nams-sentinel-antimony-property-newfoundland-nam-monitors-fintech-solutions-to-enhance-market-
transparency/
The Bonanza Ridge Gold and Critical Metals Project has been significantly expanded with the option
agreements for the Lavender Lake and South Gibi Lake properties, adding a combined ~5,216 hectares
(~12,889 acres) of prospective ground in the Kenora Gold District of northwestern Ontario. These
properties, located about 25 km southeast of Kenora, are strategically positioned along a favourable
structural corridor adjacent to NAM’s flagship Bonanza Gold Property, and host known gold and copper
occurrences wit h minimal modern exploration to date. The consolidated portfolio now comprises
approximately 8,500 hectares of contiguous land within an emerging gold and critical metals jurisdiction,
providing substantial opportunities for follow -up field work, structural modeling, target generation, and
future drill campaigns. Recent announcement: https://newagemetals.com/new-age-metals-expands-
bonanza-ridge-gold-andcritical-metals-project-strategic-acquisition-oflavender-lake-south-gibi-lake-
properties/.
The Company has established a Kenora, Ontario based field operations hub to support exploration
activities across Northwestern Ontario and Eastern Manitoba. The proposed facility would provide
centralized logistical, technical, and administrative support for regional exploration programs and is
expected to improve field efficiency and coordination.
New Age Metal’s Kenora-based field operations office and core facility.
The Company’s Lithium Division is one of the largest mineral claim holders in the Winnipeg River
Pegmatite Field, where the Company is exploring hard rock lithium and various rare elements such as
tantalum, rubidium, and cesium. NAM is developing its lithium division in conjunction with its Farm-
in/Joint Venture agreement with Mineral Resources Ltd. (“MinRes”), one of the world’s largest
lithium producers. A minimum budget to maintain the Projects has been approved by Mineral Resources
Ltd for May 2025 to April 2026. Management is currently working on providing Mineral Resources, a go
forward exploration program for spring, summer, and fall 2026.
In April 2024, a $1.5M NSERC Alliance grant was awarded to a collaboration led by the University
of Manitoba (Drs. Fayek and Camacho), with academic partners from Lakehead University (Dr.
Hollings) and industry partners including New Age Metals and Grid Metals. This research is focused
on advancing Canada’s critical metals sector, with New Age Metals’ portion targeting its Bird River lithium
properties. The 2025 work included core sampling and field visits. The project will likely extend beyond
the original 3-year term, due to its delayed start. The parties involved in this grant plan to meet over the
next 60 days and will announce our plans for 2026 and beyond.
New Age Metals Inc. is supporting a successful $180K Mitacs research grant, awarded in 2023,
through its $90K contribution (already accounted for and paid under the Mineral Resources joint
venture). This academic partnership with the University of New Brunswick and the University of British
Columbia is focused on understanding the origin and controls of lithium pegmatite mineralization in the
Cat Lake–Winnipeg River field. MSc and post-doctoral research programs have recently been completed,
and the Company is reviewing the results with the academic institutions to assess how the findings may be
incorporated into future exploration programs. This collaboration provides access to top -tier scientific
expertise and equipment, significantly reducing analysis costs and adding long -term value to the
project.
The Company is actively seeking an option/joint venture partner for our and its road -accessible
Genesis PGM-Cu-Ni Project in Alaska and results from our Summer/Fall Program are expected by
the end of the year. Recent announcement: https://newagemetals.com/new-age-metals-completes-
summer-2025-exploration-program-on-the-genesis-pgm-cu-ni-project-alaska/ .
On August 6, 2025, New Age Metals announced an additional investment in a 4th critical metal. NAM
currently owns approximately 14.39% of MetalQuest Mining (TSXV:MQM), which has ownership of the
development stage Lac Otelnuk Iron Project, located in the Labrador Trough, Quebec.
MetalQuest Mining inc. is developing one of North America’s largest iron projects, where
approximately $120 million has been spent on the project. For more information, please visit
MetalQuestMining.com . High-purity iron became a critical metal Federally in Canada and in the
Provinces of Quebec and Newfoundland and Labrador in 2024. In the summer of 2025, MQM
contracted AtkinsRealis, an international engineering company, to complete a GAP Analysis on th e
Lac Otelnuk Project and its 2015 Feasibility Study. Results are expected in Q1 2026.
MetalQuest Mining Inc. (“MQM”) has expanded its presence in the Ontario Ring of Fire through
the acquisition of both the ROF-1 Project and the recently announced Fishhook Polymetallic Project.
The Fishhook Project further strengthens MetalQuest’s regional footprint, targeting polymetallic
mineralization prospective for base and critical metals.
Management is currently aggressively seeking new mineral acquisition opportunities on an
international scale. Our philosophy is to be a project generator with the objective of optioning our projects
with major and junior mining companies through to production.
Investors are invited to visit the New Age Metals website at www.newagemetals.com where they can
review the company and its corporate activities. Any questions or comments can be directed to
[email protected] or Harry Barr at [email protected] or Farid Mammadov at
[email protected] or call 613 659 2773.
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On behalf of the Board of Directors
Harry G. Barr
Chairman and CEO
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.
Cautionary Note Regarding Forward Looking Statements: This release contains forward -looking statements that
involve risks and uncertainties. These statements may differ materially from actual future events or results and are
based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-
looking statements. In addition, forward -looking statements include statements in which the Company uses words
such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”,
“estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar expressions. These statements by their
nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important
factors, including, among others, the Company’s ability and continuation of efforts to timely and completely make
available adequate current public information, additional or different regulatory and legal requirements and
restrictions that may be imposed, and other facto rs as may be discussed in the documents filed by the Company on
SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual
results to differ from those contained in the forward -looking statements. The Company does not undertake any
obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-
looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated
events. Investors should not place undue reliance on forward-looking statements.