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Share issuance to VW Group

Newswire.ca - Thu Dec 18, 2025

MONTRÉAL, Dec. 18, 2025 /CNW/ - December 19, 2025 – Sydney, Australia

PMET Resources Inc. (the "Company" or "PMET") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to advise that its largest strategic investor, Volkswagen Finance Luxemburg S.A. (Volkswagen), has accepted  an offer by the Company to subscribe for 89,125 fully paid common shares in the Company at an issue price of $4.03 per share, pursuant to the Investor Rights Agreement with the Company, for aggregate gross proceeds of approximately $359,000. The Company expects to use such proceeds for general corporate purposes.

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