Total Metals Corp. Changes Year-End
NEWS RELEASE TOTAL METALS CORP. CHANGES YEAR-END
Vancouver, BC, August 25, 2025 – Total Metals Corp. (“Total” or the “Company”) (TSX-V: TT) has filed the required notice to change its financial year end from December 31 to April 30, in accordance with the requirements of National Instrument 51-102 Continuous Disclosure Obligations (“NI 51- 102”).
On August 14, 2025, the Company completed the acquisition of all issued and outstanding shares of Compton Mining Corp. (“Compton” or the “Accounting Acquiror”) pursuant to a Business Combination Agreement dated March 26, 2025 (the “Transaction”). As a result of the Transaction, Compton became a wholly-owned subsidiary of the Company. The Transaction constituted a reverse take-over of the Company by Compton for accounting purposes. Accordingly, the Company intends to change its fiscal year end from December 31 to April 30 to align with the year end of the Accounting Acquiror. Management has determined that adopting an April 30 year end is in the best interests of the Company.
As a result of this change, the Company will have a transitional 12-month financial year ending April 30, 2026. Further details regarding the change in financial year, including the Company’s interim reporting periods, will be available in the Company’s Notice of Change of Financial Year-End prepared in accordance with section 4.8 of NI 51-102, which will be filed on the Company’s profile on SEDAR at www.sedarplus.ca.
About Total Metals Corp.
Total is engaged in the acquisition, exploration and development of mineral properties in North America and currently has a portfolio of one material property, the Electrolode Property. Its current focus is to conduct the proposed exploration program on the Electrolode Property as more particularly set out in the Company’s technical report entitled “NI 43-101 Technical Report on the Electrolode Property Belanger and Bowerman Townships Red Lake Mining Division Ontario, Canada“ dated June 1, 2025.
Cautionary Statements
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Tyler Thorburn President and Chief Executive Officer [email protected] (416) 873-7662
Forward-Looking Information
This press release includes “forward-looking information” that is subject to assumptions, risks and uncertainties, many of which are beyond the control of the Company. Statements in this news release which are not purely historical are forward looking. Although the Company believes that any forward-looking statements in this news release are reasonable, there can be no assurance that any such forward-looking statements will prove to be accurate. The Company cautions readers that all forward-looking statements, are based on assumptions none of which can be assured and are subject to certain risks and uncertainties that could cause actual events or results to differ materially from those indicated in the forward-looking statements. Such forward-looking statements represent management’s best judgment based on information currently available. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-looking statements.
The forward‐looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward‐looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws or the Exchange. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.