Coniagas Announces MCTO Status

(TheNewswire)

Vancouver, BC – July 9, 2025 –TheNewswire - Coniagas Battery Metals Inc. COS
(“Coniagas” or the “Company”), isproviding this bi-weekly update on the status of themanagement cease trade order issued May 1, 2025 (the"MCTO") concerning the delay of the filing of its annualfinancial statements in respect of its year ended December 31, 2024,its management discussion and analysis relating to its annualfinancial statements, and the CEO and CFO certifications (Collectivelythe “Annual Filings”). The Company announces that its principalregulator, the British Columbia Securities Commission, has granted anextension to the existing management cease trade order granted on May1, 2025 (the "MCTO") from June 30 to July 14, 2025. TheMCTO was granted due to a delay in the filing of the auditedconsolidated financial statements for the year ended December 31,2024, annual management's discussion and analysis for the same periodand management certification of annual filings (collectively, the"Filings").

Subsequent to the Annual Filings the Company will alsobe required to file it Q1 interim financial statements in respect ofits 3-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 MCTO restricts theCompany's Chief Executive Officer and the Chief Financial Officer fromtrading in the Company's securities but does not affect the ability ofother shareholders, including the public, to trade in securities ofthe Company.

The Company confirms that it will continue to satisfythe provisions of the alternative information guidelines under NP12-203 by issuing bi-weekly default status reporting in the form ofnews releases for so long as it remains in default of the above notedfiling requirements.

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.

Copyright (c) 2025 TheNewswire - All rights reserved.