V Ten Announces Drill Program Update at the Tanami Property, NT, Australia

Vancouver, British Columbia--(Newsfile Corp. - August 31, 2026) - V Ten Metals Corp. (TSXV: VTEN) (OTCQB: VTNMF) ("VTen" or the "Company") is pleased to announce it has collared the first drill hole of the inaugural drill program at the Company's Tanami Property (the "Property"), located in the Tanami District of the Northern Territory, Australia. The Property consists of four semi-contiguous granted exploration licenses ("ELs") EL 23848, EL 31402, EL 23874 and EL 23875, covering 1,237 sq km located in the Tanami Desert approximately 450km directly northwest of Alice Springs, Northern Territory, Australia.

Blair Way, Company President and Director, comments: "With the drill rig turning, we continue to advance the work program on the Property. The team has done a great job of mobilizing and getting set up for the work program. The data from this drill program will enable a deeper understanding of the property and orient an aggressive follow-up drill campaign. These works aim to unlock the significant potential of the Property and build shareholder value in the process."

Figure 1 Drill Rig Set up for first hole

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This drill program marks the first drill testing to date along these two highly prospective trends as well as the first drill program by the Company on the Property to date. This drill program will be comprised of 6-10 drill holes for a total of approximately 2,150 m of RC drilling. The program is designed to test a series of high-priority nickel-copper-PGE targets, integrating historical Aircore geochemistry with magnetic and HeliTEM geophysical anomalies. The objective is to confirm sulphide mineralisation within fresh bedrock, validate geophysical models, and define the geological controls and continuity of mineralisation along a northeast-trending corridor.

VTEN Metals has, subject to regulatory approval, retained Venture Liquidity Providers Inc. (VLP) to initiate its market-making service to provide assistance in maintaining an orderly trading market for the common shares of the company.

The market-making service will be undertaken by VLP through a registered broker, W.D. Latimer Co. Ltd., in compliance with the applicable policies of the TSX Venture Exchange and other applicable laws. For its services, the corporation has agreed to pay VLP $5000.00 per month. The agreement may be terminated at any time by the corporation or VLP. The corporation and VLP act at arm's length, and VLP has no present interest, directly or indirectly, in the corporation or its securities. The finances and the shares required for the market-making service are provided by W.D. Latimer. The fee paid by the company to VLP is for services only.

VLP is a specialized consulting firm based in Toronto providing a variety of services focused on TSX-V-listed issuers.

Qualified Person

D. Blair Way, B.Sc., P. Geo., CEO and President for the Company and Qualified Person as defined by National Instrument 43-101, approved and supervised the preparation of the technical information in this news release.

About V Ten Metals Corp.

VTen is a Canadian mining exploration company listed on the TSX Venture Exchange owns the Ni-Cu-PGE-Au Tanami Project, 1,235 km² strategically located adjacent to Newmont's Granites Mine located in Northern Territory, Australia. The company has a farm-in JV in place exploring for potential gold targets. VTen is led by a highly qualified team with a track record of successful exploration worldwide.

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Cautionary Notes

Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, "forward- looking statements") within the meaning of applicable Canadian and United States legislation. Forward-looking statements are typically identified by words such as: "believes", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, any statements or plans regarding the Agreement, the anticipated benefits of the Agreement, and any other matters in connection with the aforementioned items. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks and other factors include, but are not limited to, the risk that the Company may not be able to execute and raise funds necessary to complete its planned future activities and proposed business plans.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/312059

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