Burton Egger files Early Warning Report for Spartan Metals Corp.

1379-7804-3168, v. 1

Burton Egger files Early Warning Report for Spartan Metals Corp.

FOR IMMEDIATE RELEASE

June 8, 2026 – Burton Egger, a director of Spartan Metals Corp. (the “ Company”) announces that he has

disposed (the “ Disposition”) of a total of 1,140,910 common shares in the capital of Company (the

“Common Shares”). Prior to the Disposition, Mr. Egger beneficially owned and/or controlled, directly or

indirectly, an aggregate of 8,872,341 Common Shares, 50,000 deferred share units (“DSUs”) and 329,166

Common Share purchase warrants (“ Warrants”), representing approximately 16.39% of the Company’s

issued and outstanding Common Shares on an undiluted basis (17.09% on a partially diluted basis

assuming the vesting and/or exercise of the DSUs and Warrants, as applicable). Following the completion

of the Disposition, Mr. Egger beneficially owns or exercises control or direction over 7,731,431 Common

Shares, 50,000 DSUs and 329,166 Warrants, representi ng approximately 14.28% of the issued and

outstanding Common Shares on an undiluted basis ( 14.98% on a partially diluted basis assuming the

vesting and/or exercise of the DSUs and Warrants, as applicable).

The Disposition described above was completed for portfolio rebalancing and capital allocation purposes.

Mr. Egger will evaluate his investment in the Company from time to time and may, based on such

evaluation, market conditions and other circumst ances, increase or decrease shareholdings as

circumstances require.

This news release is being issued pursuant to National Instrument 62-103 – The Early Warning System and

Related Take-Over Bid and Insider Reporting Issues. For further information, including a copy of the early

warning report, please contact the Company at 202 – 3310 Carrington Road, West Kelowna, British

Columbia V4T 0C6. A copy of the early warning repo rt will appear on the Company’s SEDAR+ profile at

www.sedarplus.ca.