Enerev5 Metals Inc. Stakes Announces $400,000 Non-Brokered Private Placement and Securities-for-Debt Transaction

Toronto, January 19, 2026 - Enerev5 Metals Inc. (TSX-V: ENEV) ("Enerev5" or the "Company") is pleased to announce that intends to complete a non-brokered private placement (the "Offering") of up to 40,000,000 units (the "Units") at a price of $0.01 per Unit for gross proceeds of up to $400,000.

Each Unit will consist of one common share of the Company (the "Shares") and one Share purchase warrant (the "Warrant"). Each Warrant will entitle the holder, to acquire one Share at an exercise price of $0.05 per Warrant for a period of five years following the closing date of the Offering. The proceeds of the Offering will be used for general corporate and working capital purposes and project review and acquisition costs.

The Company also announces that it intends to complete a securities for debt transaction (the "Debt Settlement"), to settle up to $105,500 in liabilities through the issuance of up to 10,555,000 Units at a price of $0.01 per Units. Non-Arm's Length Parties (as that term is defined in the policies of the TSX Venture Exchange (the "Exchange")) that participate in the Debt Settlement shall settle eligible debt through the issuance of Shares at a price of $0.01 per Share.

Certain insiders of Enerev5 may participate in the Offering; however, the total participation by insiders is not expected to exceed 25% of the Offering.

Completion of the Offering and the Debt Settlement will be subject to customary closing conditions, including the receipt of all necessary approvals including that of the Exchange. All securities issued and issuable will be subject to a statutory hold period of four months and one day, in accordance with applicable Canadian securities laws. The Company may pay a commission to eligible finders in connection with the Offering and in compliance with applicable laws and subject to Exchange approval.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this news release in the United States. The securities offered have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements.

About Enerev5 Metals Inc.

Enerev5 Metals Inc. (TSX-V: ENEV) is a Canadian exploration company focused on the identification and development of critical battery metals projects in stable, mining-friendly jurisdictions. The Company's strategy is to build a portfolio of early-stage assets that have the potential to supply ethically-sourced metals essential to the global transition to clean energy. Enerev5 is currently advancing lithium exploration in northeastern Nevada and continues to evaluate additional opportunities in high-potential jurisdictions to support its long-term growth objectives.

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.

For further information please contact:

Enerev5 Metals Inc.

Errol Farr, President and CEO

Email: efarr001@icloud.com

Tel: 647-296-1270

Forward-Looking Statements

This news release contains "forward-looking statements" or "forward-looking information" (collectively, "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as of the date of this news release. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, identified by words or phrases such as "expects", "is expected", "anticipates", "believes", "plans", "projects", "estimates", "assumes", "intends", "strategy", "goals", "objectives", "forecasts", "budget", "schedule", "potential", "possible" or variations thereof or stating that certain actions, events, conditions or results "may", "could", "would", "should", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements. Forward-looking statements include, but are not limited to, statements regarding: completion of the Offering and the Debt Settlement on the terms announced or at all, the use of proceeds from the Offering, the timing and content of upcoming work programs; geological interpretations; timing of the Company's exploration programs; and estimates of market conditions.

Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Certain important factors that could cause actual results, performance or achievements to differ materially from those in the forward-looking statements include, among others: general economic conditions in Canada and globally; industry conditions; governmental regulation of the mining industry, including environmental regulation; geological, technical and drilling problems; unanticipated operating events; competition for and/or inability to retain drilling rigs and other services; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; volatility in market prices for commodities; liabilities inherent in the mining industry; changes in tax laws and incentive programs relating to the mining industry. This list is not exhaustive of the factors that may affect the Company's forward-looking statements. There may be other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein.

Forward-looking statements are necessarily based upon a number of factors and assumptions that, if untrue, could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. Forward-looking statements are based upon a number of estimates and assumptions that, while considered reasonable by the Company at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies that may cause the Company's actual financial results, performance, or achievements to be materially different from those expressed or implied herein.

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