Military Metals Business Summary

Military Metals Corp. (MILIF) is a junior mineral exploration company primarily focused on the acquisition and development of critical mineral assets, with a strategic emphasis on antimony and gold. The company operates as a pre-revenue exploration entity, generating capital through equity financing and private placements to fund its technical programs. Its business is segmented by its global portfolio of brownfield projects, most notably its 100%-owned flagship Trojarová Antimony Gold Project in Slovakia, alongside the West Gore project in Canada and the Last Chance property in Nevada. Positioned within the critical minerals supply chain, the company aims to address the European Union's urgent demand for domestic antimony supply security. It competes with diversified mining giants and specialty mineral firms such as Glencore, Newmont, Energy Fuels, and Atlas Critical Minerals, distinguishing itself through a niche focus on high-grade antimony-to-gold ratios in historically productive mining jurisdictions. The company’s leadership underwent a significant transformation in late 2024, pivoting from its origins as X1 Esports to a dedicated mining issuer led by CEO Scott Eldridge. Eldridge is a seasoned executive with over 17 years of experience in mining finance and M&A, having previously served as CEO of Canagold Resources and CFO of Amarillo Gold. The technical team is headed by Vice President of Exploration David Murray, P.Geo, a former geologist for Goldcorp and Newmont with 15 years of international experience in resource definition. The Board of Directors, re-elected at the February 2026 Annual General Meeting, includes independent director Mark Saxon, a renowned geologist with a 30-year track record in critical metals discovery, alongside Michael Carew and Stephen Sulis. This leadership core is supported by a shareholder base that recently backed a $3 million private placement and a strategic 1% royalty buyback on its Slovakian assets to consolidate project economics.