Bolt Metals Closes Financing Tranches, Raises $3.5 Million

Vancouver, British Columbia — November 29, 2025 — Leads & Copy —

Bolt Metals Corp. has announced the closing of the second tranche of its non-brokered listed issuer financing exemption offering (LIFE Offering) and the closing of its non-brokered Unit Private Placement (Unit Offering).

The second tranche of the LIFE Offering involved the issuance of 350,000 units at $0.20 each, resulting in gross proceeds of $70,000. Each LIFE Unit includes one common share and one common share purchase warrant (LIFE Warrant). The LIFE Warrant allows the holder to acquire one additional common share at $0.40 for 24 months from the issuance date and becomes exercisable 60 days after closing. The company plans to use the LIFE Offering's net proceeds for general working capital and corporate purposes.

The Unit Offering involved the issuance of 15,000,000 units at $0.20 per unit, totaling gross proceeds of $3,000,000. Each Unit consists of one common share and one common share purchase warrant (Warrant). Each Warrant allows the holder to acquire one additional common share at an exercise price of $0.40 per Warrant for 36 months from the issuance date.

In connection with both offerings, Bolt Metals paid aggregate cash finder’s fees of $129,540 and issued 641,500 finder’s warrants. Each Finder’s Warrant is exercisable to acquire one common share at $0.20 for 24 months from issuance.

Including the first tranche of the LIFE Offering, which closed on November 19, 2025, and raised gross proceeds of $430,000, Bolt Metals has raised a total of $3,500,000 across both the LIFE Offering and Unit Offering.

Bolt Metals Corp. is focused on acquiring and exploring North American mineral properties with high-upside and expansion potential. It trades on the CSE under the symbol BOLT, on the OTC under the symbol PCRFC, and in Germany under the WKN A3D8AK.

Zachary Kotowych is the CEO and a Director of Bolt Metals Corp.

For further details, contact info@boltmetals.com or visit www.boltmetals.com.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Forward-looking statements: This news release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities legislation (collectively, “forward-looking statements”). All statements in this release that are not historical facts are forward-looking statements, including statements regarding the expected use of proceeds from the LIFE Offering and the Unit Offering, the terms and conditions of securities issued by the Company, and the Company’s exploration, development and corporate plans and objectives. Forward-looking statements are based on expectations, estimates and assumptions that, while considered reasonable by the Company as of the date of this news release, are inherently subject to significant business, economic, geological, technical and competitive uncertainties and contingencies. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to: volatile capital markets; changes in the use of proceeds due to evolving business needs or external factors; results of exploration and development activities that may not align with management expectations; operational risks; environmental risks; fluctuations in commodity prices; reliance on key personnel; availability of capital; delays in regulatory approvals or permitting; changes in government policy or regulation; and the risks associated with early-stage mineral exploration. The Company is presently an exploration-stage company with no mineral reserves on any of its properties. Exploration and development are speculative activities involving substantial risk, often requiring significant expenditures that may not result in the discovery of mineral deposits that can be economically mined. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required under applicable securities laws.

Zachary Kotowych, CEO and Director, info@boltmetals.com

Source: Bolt Metals Corp.

Source: Bolt Metals Corp.