New Age Metals to Regain Full Control of Southeastern Manitoba Lithium-Cesium-Tantalum Portfolio

Vancouver BC – June 3, 2026 – TheNewswire - New Age Metals Inc. (TSX.V: NAM; OTCQB: NMTLF; FSE: P7J) (“NAM” or the “Company”) announces that the Company and its wholly owned subsidiary, Lithium Canada Development Inc. (“LCD”), have simultaneously entered into a termination agreement (the “TA”) and royalty deed agreement (the “RA”), (collectively the “Agreements”) dated May 27, 2026 with Lithium Mineral Resources Pty Ltd, a wholly owned subsidiary of Mineral Resources Limited (ASX:MIN) (“MinRes”), on the Company's Lithium and Rare Metals Project located in Manitoba, Canada (the “Tenements”).   The Project was previously subject to a farm-in and joint venture agreement (“FJVA”) between the Company, LCD and MinRes, dated August 29, 2022, as amended.