Canadian Energy Metals Corp

Company Profile: Canadian Energy Metals Corp. Canadian Energy Metals Corp. (“CEM”) has identified and is actively developing a significant critical minerals discovery in East-Central Saskatchewan, Canada. The resource stands out not only for its strategic location, but also for its large size. CEM’s black shale resource is increasingly viewed as a sustainable alternative to the use of bauxite. This has been demonstrated by comprehensive evaluation, assessment and piloting. This greenfield project targets metals which are essential to Canada’s advancement in aerospace, defence, and sustainable energy. CEM is positioned to play a leading role in propelling North American growth across these vital sectors. Highlights • CEM’s Measured and Indicated Resource totals 43 billion tonnes, containing 6.0 billion tonnes of recoverable alumina (NI 43-101, Stantec, January 15, 2025). • Phase 1 pilot testing launched in 2024 and informed the process flowsheet design completed by Hatch in early 2025. CEM advanced to Phase 2 in June 2025, scaling the program for continuous and semi-continuous operation. The Saskatchewan Research Council (SRC) is conducting the pilot in Saskatoon under Hatch’s supervision. This includes advanced product testing at independent, specialized labs in Canada, the U.S. and Australia. • CEM’s piloting has resulted in an optimization of its production design which will inform the Preliminary Economic Assessment (“PEA”). On October 30, 2025, Hatch delivered a technical paper about CEM’s flowsheet at the International Committee for Study of Bauxite, Alumina & Aluminium (ICSOBA) 2025 Conference in Nanning, China. It concludes: “The process has significant technical and economic advantages over traditional processing methods.” • The Thor Project is strategically located with direct access to existing road, rail, and power. Metals & Products CEM's resource base is characterized as polymetallic, led by aluminum, scandium and vanadium. CEM’s 2025 pilot testing has focused on high purity alumina (HPA) and chemical grade alumina (CGA); results of testing for smelter grade alumina (SGA) will follow in 2026. Commitment to Responsible Development CEM prioritizes environmental stewardship, Indigenous engagement, and collaboration with its regional stakeholders. Path to Feasibility CEM has moved aggressively over the last 4 years. In 2026, as it positions to be a leading source of critical metals in North America, CEM will focus on its next strategic tranche of capital and key partner discussions. See “Disclaimer” on www.canadianenergymetals.com.