BRIEF

on Alexander Molyneux

Early Warning Report Filed for Azarga Metals Corp.

On May 20, 2024, Alexander Molyneux reported the acquisition of 1,505,314 common shares in Azarga Metals Corp. The transaction was executed via the TSX Venture Exchange on May 10, 2024, for $15,053. Consequently, Molyneux filed an early warning report.

Before this transaction, Molyneux held or controlled 5,157,326 shares, comprising approximately 14.0% of Azarga Metals' issued and outstanding shares. Post-transaction, his holdings increased to 6,662,640 shares, representing about 18.3% of the company’s total shares.

The acquisition was conducted for investment purposes under National Instrument 45-106. Future changes in ownership may occur based on market and other conditions.

R. E.

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