Press Release: Miata Metals Announces 19.9% -2-

Certain information contained herein constitutes "forward-looking information" or "forward-looking statements" under Canadian and United States securities legislation. Forward-looking information includes, without limitation, statements regarding the timing and closing of the Bought Deal Offering, the Strategic Investment, the use of proceeds from the Bought Deal Offering and the Strategic Investment, the Investor Rights Agreement, La Mancha's shareholding percentage in the Company following completion of the Bought Deal Offering and the Strategic Investment, La Macha working closely with Miata as they advance Sela Creek, and the future plans or prospects of the Company. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "anticipates", "anticipated", "expected", "intends", "will" or variations of such words and phrases or statements that certain actions, events or results will occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied by such forward-looking statements or forward-looking information. Although management of the Company have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. 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. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Miata Metals Corp.

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July 28, 2026 17:45 ET (21:45 GMT)