Announcement • May 23
Stardust Metal Corp. announced that it expects to receive CAD 5.26 million in funding Stardust Metal Corp. announced a non-brokered private placement to issue 1,595,745 FT Units at a price of CAD 0.47 per FT Unit, for aggregate gross proceeds of up to CAD 750,000.15, 4,255,319 PFT Units at a price of CAD 0.6486 per PFT Unit, for aggregate gross proceeds of up to CAD 2,759,999.9034 and 3,723,404 NFT units at an issue price of CAD 0.47 per unit for gross proceeds of CAD 1,749,999.88; aggregate gross proceeds of CAD 5,259,999.9334 on May 22, 2026. Each FT Unit and each PFT Unit will consist of one common share of the Company and one common share purchase Warrant. Each FT Unit Warrant will entitle the holder thereof to acquire one additional common share at an exercise price of CAD 0.70 per Common Share for a period of 24 months from the date of issuance of the FT Units. Each NFT Unit will consist of one Common Share and one Common Share purchase warrant, with each warrant entitling the holder thereof to acquire one additional Common Share at an exercise price of CAD 0.70 per Common Share for a period of 24 months from the date of issuance of the NFT Units. Closing of the FT Units and NFT Units is expected to occur on or about June 1, 2026 and is subject to all customary approvals. Closing of the PFT Units is expected to occur on or about June 11, 2026 and is subject to all customary approvals. The securities issued pursuant to the Offering will be subject to a four month hold period under applicable securities laws. The transaction led by Daniel Earle and Significant insider participation, including a CAD 500,000 subscription from Stephen Stewart. No fees will be paid in connection with this financing. New Risk • May 22
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$21.4m market cap, or US$15.5m). Announcement • May 22
Stardust Metal Corp., Annual General Meeting, Jul 14, 2026 Stardust Metal Corp., Annual General Meeting, Jul 14, 2026. 
