Company Announcements

THUNDER BAY, ON , Sept. 4, 2026 /CNW/ -- Errington Metals Corp.(TSXV: EM) ("Errington" or the "Company") is pleased to announce that it has engaged TB Investors Relations ("TBIR"), pursuant to an investor relations agreement dated August 21, 2026 (the "IR Agreement"), to enhance communication and engagement with its shareholders and the investment community. TBIR will assist the Company with its communications and marketing initiatives including press releases, conferences, and social media management, among others. Tania Barreto, sole proprietor of TBIR, which is based out of Toronto, Ontario, has over 20 years of capital markets experience in the mining sector working in investor relations roles for exploration, development and producing mining companies.

The IR Agreement is effective as of August 24, 2026, and will continue on a month-to-month basis unless terminated by either party upon 30 days' written notice to the other party. In consideration for TBIR's services, the Company will pay TBIR a monthly fee of $5,000 plus HST, payable from the Company's general working capital at the start of each month, and grant to TBIR the Options (as defined below). The Company will also reimburse TBIR for pre-approved expenses. TBIR is an arm's length party to the Company and, to the Company's knowledge, other than as described below, does not have any direct or indirect interest in the Company or its securities nor any right or intent to acquire such an interest.

The IR Agreement is subject to acceptance by the TSX Venture Exchange.

The Company also announces that on August 24, 2026 it granted 15,000 stock options (the "Options") priced at $4.05, being the closing price of August 21, 2026, in consideration for the provision of the Services. The Options will vest in four equal instalments every three months over a period of 12 months from the date of grant, with the first instalment of 3,750 Options vesting on December 24, 2026 and the three additional instalments vesting three, six, and nine months thereafter. The Options will expire five years from the date of grant and will be subject to the terms and conditions of the Company's omnibus equity incentive plan and any applicable grant agreement.

About Errington Metals

Errington Metals Corp. is a Canadian exploration and development company focused on critical and precious metals. The Company is advancing its wholly owned Sudbury Basin Project, which hosts high-grade volcanogenic massive sulphide ("VMS")-style mineralization in the world-renowned Sudbury mining district. Through systematic drilling, disciplined technical work and a planned initial mineral resource estimate, Errington Metals is positioning the Sudbury Basin Project as a high-quality exploration and development opportunity.

The Company is advancing a planned 45,000-metre drill program designed to support an initial mineral resource estimate and test regional targets.

For further information about the Company please visit www.erringtonmetals.com and sign up for email updates.

Cautionary Note Regarding Forward-Looking Information

This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "will", "estimates", "believes", "intends", "expects" and similar expressions which are intended to identify forward-looking statements. Forward-looking statements are inherently uncertain, and the actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company, including expectations and assumptions concerning the Company and its Sudbury Basin Project. Readers are cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by the management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

The forward-looking statements contained in this news release are made as of the date of this news release and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

SOURCE Errington Metals Corp.