Hannan Metals Limited’s (TSX-V: HAN) (OTC Pink: HANNF) is pleased to announce that further to its news release of July 3, 2025, 4,518,111 warrants have been exercised at a price of C$0.50 adding C$2,259,055 to the Company’s treasury. The warrants were issued in connection with a private placement that closed on June 27, 2024. With the exercise of the Warrants, there are no remaining warrants outstanding.

Michael Hudson, CEO and Executive Chairman, states: “We thank our shareholders for their continued confidence in Hannan. The exercise of these warrants, adding C$2.25 million to our treasury, strengthens our position as we advance our pioneering exploration strategy in Peru. This capital comes at a pivotal time as we drill our projects for the first time and continue to open up new frontiers in the search for the next generation of large-scale gold-copper deposits.”

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), or the securities laws of any state of the United States and may not be offered or sold within the United States (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

About Hannan Metals Limited

Hannan Metals Limited is an exploration company focused on the discovery of large gold and copper mineralizing systems in new frontiers in Peru. Over the last decade, the team behind Hannan has forged a long and successful record of discovering, financing, and advancing mineral projects in Australia, Europe and South America.