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Coniagas Announces MCTO Status Update

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(TheNewswire)

    Vancouver, BC – June 25, 2025 –TheNewswire - Coniagas Battery Metals Inc. COS
    (“Coniagas” or the “Company”), isproviding this bi-weekly update on the status of the management ceasetrade order issued May 1, 2025 (the "MCTO")concerning the delay of the filing of its annual financial statementsin respect of its year ended December 31, 2024, its managementdiscussion and analysis relating to its annual financial statements,and the CEO and CFO certifications (Collectively the “AnnualFilings”). Subsequent to the Annual Filings the Company will also berequired to file it Q1 interim financial statements in respect of its3-month period ended March 31, 2025, its management discussion andanalysis relating to its 3-month period, and the CEO and CFOcertifications (collectively, the "Interim Filings.")

    The MCTO will stay in effect until both the Annual and InterimFilings are filed and the Company intends to satisfy theprovisions of the alternative information guidelines in accordancewith National Policy 12-203 - Management CeaseTrade Orders ("NP12-203") by issuing bi-weekly default status reports in the form of news releases until thesituation is satisfactorily rectified.

    The Company confirms that since the date of the Announcement, (a) other than as described herein, there have been nochanges to the information contained in the Announcement that wouldreasonably be expected to be material to shareholders, (b) there have been no failure by the Companyin fulfilling itsstated intentions with respect to satisfying the provisions of the alternative information guidelines asset out in NP 12-203, (c) there has not been any other subsequentspecified default by the Company following the Announcement under NP12-203, and (d) there is no other material information concerning theaffairs of the Company that has not been generally disclosed.

    The Company and its auditors continue to workdiligently toward completing the Annual Filings as soon as possibleand will file its Q1 interim Filings within five days of the AnnualFIlings. The Company confirms that it intends to satisfy theprovisions of NP 12-203 and will continue to issue bi-weekly MCTOstatus reports until the Company files the Required Filings.

    About Coniagas Battery Metals Inc.

    Coniagas Battery Metals Inc. is a Canadian junior mining company focused on nickel, copper and cobalt and platinum group metals inQuébec. Coniagas’ strategy is to create value for shareholdersthrough the development of its mineral properties, with the intention to develop Coniagas into a critical metals supplier to theelectric vehicle (EV) market.

    Coniagas Battery Metals Inc.

    For corporate matters, please contact:

    “Frank J. Basa”

    Frank J. Basa, P. Eng. Member of Professional Engineers Ontario Chief ExecutiveOfficer

    For further information, contact:

    Frank J. Basa, P. Eng. Ontario Chief ExecutiveOfficer

    416-625-2342

    or:

    Wayne Cheveldayoff, Corporate Communications

    P: 416-710-2410 E: waynecheveldayoff@gmail.com

    You can follow Coniagas on Social Media:

    LinkedIn:        https://www.linkedin.com/company/coniagas-battery-metals/X (Twitter): https://twitter.com/coniagasmetals

    Facebook: https://www.facebook.com/coniagas/

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

    Caution Regarding Forward-Looking Statements

    This news release may contain forward-looking statements regarding Coniagas Battery Metals Inc. (“Coniagas” or the “Company”) which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Exceptfor statements of historical facts, comments that address the Coniagas trading on the TSX Venture Exchange, resource potential, upcomingwork programs, geological interpretations,receipt and security of mineral property titles, availability of funds, and others are forward-looking. Noassurance can be given that any of the foregoing will be achieved.Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward-looking statements.The Company does not undertake to update any forward-looking information in this news release or othercommunications unless required by law.

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