Patterson Metals Announces Private Placement

NEWS RELEASE

PATTERSON METALS ANNOUNCES PRIVATE PLACEMENT

Vancouver, Canada – May 2nd, 2025 – Patterson Metals Corp. (the “ Company”) (TSXV: PAT, FWB: 33H2)

announces that it will offer up to 3,703,704 units (each, a “ Unit”) by way of a non-brokered private

placement (the “Offering”) at a price of $0.27 per Unit, for gross proceeds of up to $1,000,000. Each Unit

will consist of one common share of the Company, and one common share purchase warrant entitling the

holder to acquire an additional common share at a price of $0.36 for a period of thirty-six months.

In connection with completion of the Offering, the Company may pay finders’ fees to eligible parties that

assisted in introducing subscribers to the Company. All securities to be issued in connection with the

Offering will be subject to a four-month-and-one-day statutory hold period in accordance with applicable

securities laws. Completion of the Offering remains subject to approval of the TSX Venture Exchange.

About Patterson Metals Corp

Patterson Metals Corp. is a mineral exploration company with a focus on uranium. We create value for our

shareholders by engaging in promising mineral exploration opportunities. Our main goal is the

advancement of various projects from discovery all the way to production. This vertically integrated strategy

allows the Company to achieve exceptional shareholder value through the entire life-cycle of the mining

process.

For further information, contact the Company at [email protected] or 604.558.4300, or visit the

Company’s website at www.pattersonmetals.com.

On behalf of the Board,

Patterson Metals Corp.

Simon Cheng, President

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private

Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release,

the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar

words or expressions identify forward-looking statements or information. These forward-looking statements or

information may relate to the Offering and related regulatory approvals, as well as other factors or information. Such

statements represent the Company’s current views with respect to future events and are necessarily based upon a

number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to

significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors,

both known and unknown, could cause results, performance, or achievements to be materially different from the

results, performance or achievements that are or may be expressed or implied by such forward-looking statements.

The Company does not intend, and does not assume any obligation, to update these forward-looking statements or

information to reflect changes in assumptions or changes in circumstances or any other events affecting such

statements and information other than as required by applicable laws, rules and regulations.