Forward‑Looking Statements

This website and Mogotes Metals’ public communications may contain forward-looking statements regarding future events, performance, or developments. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date made. Mogotes Metals undertakes no obligation to update or revise such statements except as required by law.

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Location

Sweden

Cautionary Note Regarding Forward-Looking Statements:

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the information contained in our releases or our website.

Certain statements made and information contained herein in the website and news releases constitutes “forward- looking information” and “forward-looking statements” within the meaning of applicable securities legislation(collectively, “forward-looking information”). The forward-looking information contained in  the website and releases contained herein is based on information available to the Company as of the date of this news release. Except as required under applicable securities legislation, the Company does not intend, and does not assume any obligation, to update this forward-looking information. Generally, this forward-looking information can frequently, but not always, be identified by use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", “projects”, “budgets”, “targets” ,“assumes”, “strategy”, “goals”, “objectives”, “potential”, “possible”, "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events, conditions or results “will”, "may", "could", "would", “should”, "might" or "will be taken", "will occur" or "will be achieved" or the negative connotations thereof. All statements other than statements of historical fact may be forward-looking statements.

No assurance can be given that this information will prove to be correct and such forward looking information included in this news release should not be relied upon. In particular, the website and releases contained herein contain forward- looking information pertaining to assumptions made in the interpretation of drill results, geology, grade, geochemistry, potential implications of geophysics interpretations, and continuity of mineral deposits; expectations regarding access and demand for equipment, skilled labor and services needed for exploration and development of mineral properties; and that activities will not be adversely disrupted or impeded by exploration, development, operating, regulatory, political, community, economic, environmental and/or healthy and safety risks. In addition, the website and releases contained herein may contain forward-looking statements or information pertaining to: potential exploration upside at the Filo Sur Project, including the extent and significance of the porphyry copper-gold system and the prospectivity of exploration targets; exploration plans and expenditures,; the ability of the Company to conduct its field programs as planned; the success of future exploration activities; potential for resource expansion; ability to build shareholder value; expectations with regard to adding to its Mineral Reserves or Resources through exploration; ability to execute planned work programs; plans or ability to mobilize or add additional drill rigs; timing or anticipated results of laboratory results; government regulation of mining activities; environmental risks; unanticipated reclamation expenses; title disputes or claims; limitations on insurance coverage; and other risks and uncertainties. While the Company anticipates running an exploration program, it may encounter unexpected logistics, drilling and other challenges, costs, or delays that could prevent the Company from completing the program on the expected timeline or at all. Any drilling is dependent on pending results from this year’s program and the Company securing additional funding. This program could be delayed or not be carried out at all.

Although the Company believes that the expectations reflected in such forward-looking statements and/or information are based on assumptions that are reasonable, undue reliance should not be placed on forward-looking statements since The Company can give no assurance that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements, including the risks, uncertainties and other factors identified in the Company’s periodic filings with Canadian securities regulators, available under the Company’s SEDAR+ profile at www.sedarplus.ca,as well as among other things: general business, economic and mining industry conditions; foreign exchange rates; geological conditions; the supply and demand for commodities; that financing will be available if and when needed on reasonable terms and that the Company will not experience any material labor dispute, accident, or failure of plant or equipment; the stability and predictability of the political environments and legal and regulatory frameworks; the ability of the Company to obtain, maintain, renew and/or extend required permits, licenses, authorizations and/or approvals from the appropriate regulatory authorities; that contractual counterparties perform as agreed; and the ability of the Company to continue to obtain qualified staff and equipment in a timely and cost- efficient manner to meet its needs. These factors are not, and should not be construed as being, exhaustive. Although the company has attempted to identify important factors that would cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. All of the forward-looking information contained in this document is qualified by these cautionary statements. Readers are cautioned not to place undue reliance on forward-looking information due to the inherent uncertainty thereof. These factors are not, and should not be construed as being, exhaustive. Statements relating to "mineral resources" are deemed to be forward-looking information, as they involve the implied assessment, based on certain estimates and assumptions that the mineral resources described can be profitably produced in the future. Forward-looking information is provided for the purpose of providing information about management's current expectations and plans and allowing investors and others to get a better understanding of the Company's operating environment. All the forward-looking information contained in this website is qualified by these cautionary statements. Readers are cautioned not to place undue reliance onforward-looking information due to the inherent uncertainty thereof.

All scientific and technical information relating to the Filo Sur Project contained on the Company's website is derived from the Technical Report with an effective date February 27th 2024, titled "NI43-101 Technical Report on the Filo Sur Project, San Juan Province, Argentina"(the "Technical Report") prepared for the Company by Owen D. W.Miller, Ph.D., FAusIMM(CP), as well as the press releases and disclosures from the Company to the present date. The information contained herein is subject to all of the assumptions, qualifications and procedures set out in the Technical Report and any public disclosures made by the Company and reference should be made to the full text of the Technical Report and these disclosures as available on the Company's website and available under the Company's SEDAR+ profile at www.sedarplus.ca. The scientific and technical information in this Presentation has been reviewed and verified by Stephen Nano, a qualified personas defined in NI 43-101.

This website contains information with respect to adjacent, proximate or similar mineral properties in respect of which the Company has no interest or rights to explore or mine, including, without limitation, the following properties: the Filo del Sol Property, the Josemaria Project and Los Helados Project.  Readers are cautioned that the Company has no interest in or right to acquire any interest in any such properties, and that mineral deposits, and the results of any mining thereof, on adjacent, proximate or similar properties are not indicative of mineral deposits on the Company's properties, including the Filo Sur Project, or any potential exploitation thereof.