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PWM.V ·

Power Metals Grants Incentive Stock Options

Share Capital & Compensation

POWER METALS GRANTS INCENTIVE STOCK OPTIONS

VANCOUVER, BRITISH COLUMBIA – July 9th, 2025 – Power Metals Corp ("Power Metals" or the "Company”)

(TSX VENTURE: PWM ) ( FRANKFURT: OAA1) ( OTCQB: PWRMF) has granted incen Ɵve stock op Ɵons to an

advisor of the Company to purchase 2,500,000 shares at a price of $0.80 per share, exercisable for two (2)

years. The opƟons shall vest over a period of twelve (12) months in four equal tranches, the first of which will

vest 3 months aŌer the date of grant. The stock op Ɵons shall be subject to the terms and condi Ɵons of the

Company’s current stock opƟon plan. The opƟon grant is subject to approval of the TSX Venture Exchange.

Power Metals Corp (TSX-V: PWM)

Power Metals Corp (TSX- V: PWM) is a Canadian explora Ɵon company focused on developing high -quality

criƟcal mineral projects.

Its flagship Case Lake Property in Ontario – 100 per cent owned by Power Metals - is a high-grade cesium,

lithium and tantalum asset, poised to become one of only four cesium mines globally.

Beyond Case Lake, the Company’s por ƞolio includes the Decelles and Mazerac Proper Ɵes near Val -D’Or,

Québec. Together, these assets cover 947 claims spanning more than 330km² of lithium-cesium-tantalum

(LCT) prospecƟve ground.

As global demand for cri Ɵcal minerals con Ɵnues to grow global, and par Ɵcularly in North America, Power

Metals is strategically advancing its projects to support the conƟnent’s growing supply needs.

Learn more at www.powermetalscorp.com.

-ON BEHALF OF THE BOARD-

Johnathan More, Chairman & Director

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

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

No- securiƟes regulatory authority has either approved or disapproved of the contents of this news release. The securi Ɵes

being offered have not been, and will not be, registered under the United States SecuriƟes Act of 1933, as amended (the "U.S.

SecuriƟes Act"), or any state securi Ɵes laws, and may not be offered or sold in the United States, or to, or for the account or

benefit of, a "U.S. person" (as defined in Regula Ɵon S of the U.S. Securi Ɵes Act) unless pursuant to an exemp Ɵon therefrom.

This press release is for informa Ɵon purposes only and does not cons Ɵtute an offer to sell or a solicita Ɵon of an offer to buy

any securiƟes of the Company in any jurisdicƟon.

Power Metals Corp

Johnathan More

515-401-7479

[email protected]

CauƟonary Note Regarding Forward-Looking InformaƟon

This press release contains forward-looking informaƟon based on current expectaƟons, including the use of funds raised under

the Offering. These statements should not be read as guarantees of future performance or results. Such statements involve

known and unknown risks, uncertainƟes and other factors that may cause actual results, performance or achievements to be

materially different from those implied by such statements. Although such statements are based on management's reasonable

assumpƟons, Power Metals assumes no responsibility to update or revise forward -looking informaƟon to reflect new events

or circumstances unless required by law.

Although the Company believes that the expecta Ɵons and assump Ɵons on which the forward -looking statements are based

are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no

assurance that they will prove to be correct. Since forward- looking statements address future events and condi Ɵons, by their

very nature they involve inherent risks and uncertain Ɵes. These statements speak only as of the date of this press release.

Actual results could diff er materially from those currently an Ɵcipated due to several factors and risks including various risk

factors discussed in the Company's disclosure documents which can be found under the Company's profile onwww.sedar.com.

This press release contains "forward- looking statements" within the meaning of Sec Ɵon 27A of the Securi Ɵes Act of 1933, as

amended, and SecƟon 21E the SecuriƟes Exchange Act of 1934, as amended and such forward -looking statements are made

pursuant to the safe harbor provisions of the Private Securi Ɵes LiƟgaƟon Reform Act of 1995. The TSXV has neither reviewed

nor approved the contents of this press release.