Spartan Metals Corp. Director Disposes of Over 1.1 Million Shares

West Kelowna, British Columbia — June 8, 2026 — Leads & Copy — Burton Egger, a director of Spartan Metals Corp., has disposed of 1,140,910 common shares of the Company. Prior to this disposition, Mr. Egger held a total of 8,872,341 common shares, 50,000 deferred share units, and 329,166 common share purchase warrants. This represented approximately 16.39% of the Company's issued and outstanding common shares on an undiluted basis, and 17.09% on a partially diluted basis, assuming the vesting and/or exercise of the deferred share units and warrants. Following the disposition, Mr. Egger now beneficially owns or exercises control over 7,731,431 common shares, 50,000 deferred share units, and 329,166 warrants. This represents approximately 14.28% of the issued and outstanding common shares on an undiluted basis, and 14.98% on a partially diluted basis. The disposition was carried out for portfolio rebalancing and capital allocation purposes. Mr. Egger stated that he will regularly assess his investment in Spartan Metals Corp. and may adjust his shareholdings based on his evaluation, market conditions, and other relevant circumstances. This news release is being issued in accordance with National Instrument 62-103, which pertains to the Early Warning System and Related Take-Over Bid and Insider Reporting Issues. Further details and a copy of the early warning report can be obtained by contacting the Company at 202 – 3310 Carrington Road, West Kelowna, British Columbia V4T 0C6. The early warning report will also be available on the Company's SEDAR+ profile at www.sedarplus.ca.

Source: Spartan Metals Corp.