Announcement • Jul 22
FinEx Metals Commences Drilling at Kero Gold Project FinEx Metals Ltd. announced that diamond drilling has commenced at its 100%-owned, royalty-free Kero gold project in northern Finland, located approximately 15 km southeast of Agnico Eagle’s Kittilä gold mine and 20 km northwest of the Ikkari gold deposit. Diamond core drilling has commenced as part of a program comprising approximately 2,000 metres in addition to the collection of approximately 600 Top-of-Bedrock /Bottom-of-Till samples, across three priority target areas. Drilling is designed to test the geometry and continuity of gold-bearing structures associated with historical drill results, including a drill interval of 9.05 m grading 1.95 g/t Au (including 1.05 m grading 12.6 g/t Au) and a continuous trench channel sample interval which reportedly returned 6.2 m grading 7.5 g/t Au. FinEx has reinterpreted historical drilling, geophysical and geochemical data and concluded that the majority of historical drilling was oriented sub-parallel to the main gold-bearing structures. The FinEx drill program is using revised azimuths intended to test these structures more effectively. Kero is strategically located in the Central Lapland Greenstone Belt, between Agnico Eagle’s Kittilä mine and the Ikkari deposit. The planned drill program is expected to comprise of approximately 2,000 metres of diamond core drilling and approximately 600 Top-of-Bedrock /Bottom-of-Till samples. The program will test three target areas (A through C) prioritized through the integration of historical drill data, geophysical data, geochemical sampling and geological reinterpretation of the Project area. Targets A and B contain historical gold intersections and Target C is an undrilled geophysical-structural target. FinEx’s structural interpretation suggests that most historical drilling completed at Kero by the Geological Survey of Finland was oriented subparallel to key gold-bearing structures, shear zones and quartz-carbonate-sulphide vein sets. The Company believes these orientations limited the effectiveness of earlier drilling in testing the geometry and continuity of the gold-bearing structures. The 2026 program uses revised azimuths intended to directly intersect these structures at both the known and new target areas. Drilling will also test new targets that have not been previously drill tested and were generated through the integration of property-wide geophysical data, geochemical sampling and structural mapping. The principal target areas are as follow: Target Area A: Two short drill holes will test the orientation of mineralization discovered in GTK trench M372106U6 where continuous channel sampling reportedly returned 6.2 m grading 7.5 g/t Au. Three additional core holes are planned: one near historical drill hole M372105R402, which returned 9.05 m grading 1.95 g/t Au from 142.5 m downhole, including 1.05 m grading 12.6 g/t Au; and two approximate 250 m step-out holes to test the lateral continuity of this gold-bearing structure. Target Area B: Five historical drill holes, totalling approximately 700 metres, were previously drilled by the GTK, returning multiple gold intercepts including 2.37 g/t Au over 1.00 m (hole M372105R399) and 1.89 g/t Au over 1.00 m (hole M372105R396), together with a strong arsenic-bismuth-antimony-tellurium pathfinder signature associated with the gold mineralization. Two 200 m long drill holes are planned to test this target. Target Area C: Three drill holes each approximately 200 m long will test an approximate 300 m wide, WSW trending break within a prominent NNE trending magnetic geophysical anomaly. The break is interpreted by FinEx to represent a brittle deformation zone associated with potential hydrothermal alteration. This target has not previously been drill tested. The Company intends to collect approximately 600 Top-of-Bedrock /Bottom-of-Till samples to test the extensions of known, historical gold mineralization and areas with little or no exploration data that are covered with a veneer of glacial till masking the underlying geology. The Kero Project is 100%-owned by FinEx and is located in the Central Lapland Greenstone Belt of northern Finland, within the same district as Agnico Eagle’s Kittilä gold mine and the Ikkari deposit. Pursuant to a news release dated February 5, 2026, the Company announced that an exploration license was granted for Kero. The scientific and technical information contained in this news release has been reviewed and approved by Dr. Petri Peltonen, MAusIMM(CP), EurGeol, a Qualified Person as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. The historical exploration data referenced in this release was generated by the GTK and has not been independently verified by FinEx Metals; such data should not be relied upon as current and does not conform to the requirements of NI 43-101. The Company's planned work programs include drilling, data verification and confirmatory sampling to support future NI 43-101 compliant disclosure. The historical drill and channel-sample results referenced above were generated by the GTK and have not been independently verified by FinEx. Reported drill intercepts are considered down-hole core lengths and the true widths of the mineralized zones are not known. The proximity of Kero to the Kittilä mine and Ikkari deposit does not imply that similar mineralization or results will be obtained at Kero. Announcement • Jun 02
Finex Metals Ltd., Annual General Meeting, Jul 30, 2026 Finex Metals Ltd., Annual General Meeting, Jul 30, 2026. New Risk • Apr 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (CA$8.11m market cap, or US$5.94m). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change).