FOMO brings in capital markets architect Roger Rosmus

Disclaimer and Information on Forward Looking Statements: Rockstone, Zimtu Capital Corp. (“Zimtu“) and Formation Metals Inc. (“FOMO“; “the Company“) caution investors that any forward-looking information provided herein is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking information as a result of various factors. The reader is referred to the FOMO‘s public filings for a more complete discussion of such risk factors and their potential effects which may be accessed through its documents filed on SEDAR at www.sedarplus.ca. All statements in this article other than statements of historical fact should be considered forward-looking statements. This article contains forward-looking statements within the meaning of applicable Canadian securities laws. Forward-looking statements include, but are not limited to, statements regarding: The expected strategic impact of the Company’s newly established Advisory Board and the appointment of Roger Rosmus, including potential benefits related to capital markets strategy, corporate development and institutional outreach; the interpretation of Phase 1 drill results at the N2 Gold Project, including the potential thickness, continuity, geometry and grade distribution of mineralization; the expectation that additional assays pending from the ongoing program may further confirm continuity, expand mineralized envelopes along strike and at depth or identify higher-grade domains; the expectation that the fully funded Phase 1 program and subsequent drilling may support a future NI 43-101 compliant mineral resource estimate and subsequent updates; the expectation that geological interpretation, modelling, geophysics and continued drilling may identify additional mineralized corridors, extensions or new targets; the expectation that metallurgical sampling and test work may validate assumptions regarding recoveries and variability; statements regarding the conceptual potential for open-pit mineralization and possible development pathways, including regional processing or toll milling considerations; the expected timing of ongoing results and milestones, including the Company’s target of delivering a maiden mineral resource estimate in Q3 2026; and statements regarding gold market conditions and their potential influence on project economics, financing conditions, investor sentiment or strategic outcomes. Forward-looking statements are based on management’s current expectations, assumptions and beliefs as of the date of publication and involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on forward-looking statements. Key risks and uncertainties include, but are not limited to: Exploration and geological risk: Mineral exploration is inherently speculative. Subsequent drilling may return lower grades, narrower intervals, reduced continuity or different geometries than currently interpreted. Geological models may evolve as additional data are incorporated and future results may materially alter current interpretations. Sampling, assay and QA/QC risk: Assay results may be impacted by coarse-gold or nugget effects, sampling bias, analytical variability, QA/QC issues, laboratory capacity constraints or delays in turnaround time. Reported drill intervals may not represent true widths and true-width interpretations may change as modelling advances. Historical estimate and data verification risk: The N2 Project contains historical mineral resource estimates and extensive historical data that are non-current and not compliant with NI 43-101 standards. There is no assurance that historical estimates will be verified, reproduced or converted into current mineral resources. Verification work may materially change interpretations of tonnage, grade, geometry, continuity or metallurgical response. Mineral resource estimate risk: Any maiden mineral resource estimate prepared under NI 43-101 will depend on assumptions and interpretive parameters including geological domaining, cut-off grade selection, density, recovery assumptions, compositing and geostatistical inputs. Mineral resource estimates are inherently uncertain and may change with new data or revised assumptions. Metallurgical and technical risk: Metallurgical performance, recoveries, grind characteristics and variability may differ from expectations and could impact economic assumptions. Additional geotechnical, hydrological and environmental data may materially influence development concepts. Conceptual development risk: References to conceptual open-pit potential, bulk-tonnage scenarios, toll milling optionality or potential development pathways are conceptual in nature. Key parameters such as strip ratio, capital costs, operating costs, permitting requirements and economic thresholds have not yet been established and may ultimately determine that the project is not economically viable. Permitting, regulatory and Indigenous consultation risk: Exploration activities are subject to permitting, regulatory approvals, environmental requirements and consultation with Indigenous groups and local communities. Delays, additional conditions or regulatory changes could materially affect timelines, costs and program scope. Financing and liquidity risk: While the current drill program is described as fully funded, further exploration, resource delineation and technical studies will require additional capital. Future financing may not be available on acceptable terms, if at all, and may result in shareholder dilution. Operational risk: Exploration activities may be impacted by weather conditions, seasonal limitations, contractor performance, equipment availability, labour constraints, supply-chain disruptions or unforeseen technical challenges that could affect costs and timelines. Environmental and title risk: Exploration and potential development activities may encounter environmental liabilities or unforeseen impacts requiring mitigation or remediation. Mineral titles and permits, while believed to be in good standing, may be subject to disputes, third-party claims or changes in land access regulations. Commodity price and macroeconomic risk: Project economics and strategic interest are sensitive to gold prices and broader macroeconomic conditions, which are volatile and beyond the Company’s control. Strategic and M&A risk: Any references to potential strategic partnerships, joint ventures, acquisitions or corporate transactions are speculative. There is no assurance that the project will attract strategic partners or acquirers regardless of exploration success or market conditions. Market volatility risk: The Company’s share price may experience significant volatility unrelated to exploration results, driven by broader market conditions, sector sentiment and liquidity constraints typical of junior exploration companies.

Disclosure of Interest and Advisory Cautions: Nothing in this report should be construed as a solicitation to buy or sell any securities mentioned. Rockstone, its owners and the author of this report are not registered broker-dealers or financial advisors. Before investing in any securities, you should consult with your financial advisor and a registered broker-dealer. Never make an investment based solely on what you read in an online or printed report, including Rockstone’s report, especially if the investment involves a small, thinly-traded company that isn’t well known. The author of this report, Stephan Bogner, is paid by Zimtu Capital Corp. (“Zimtu”), a TSX Venture Exchange listed investment company. Part of the author’s responsibilities at Zimtu is to research and report on companies in which Zimtu has an investment. So while the author of this report is not paid directly by Formation Metals Inc. (“FOMO“), the author’s employer Zimtu Capital Corp. will benefit from volume and appreciation of FOMO‘s stock prices. The author also owns equity of FOMO, and he also owns equity of Zimtu Capital Corp. and thus will benefit from volume and price appreciation of these stocks. FOMO pays Zimtu Capital Corp. to provide this report and other services. FOMO has signed an agreement with Zimtu Capital Corp. (TSX.V: ZC) (FSE: ZCT1) (“Zimtu”) whereby Zimtu will provide marketing services under its ZimtuADVANTAGE program, effective August 1, 2025, for an initial term of 12 months at a cost of $12,500 per month. The program is designed to provide opportunities, guidance, marketing and assistance. Services include investor presentations, email marketing, lead generation campaigns, blog posts, digital campaigns, social media management, Rockstone reports & distribution, video news releases and related marketing & awareness activities. Zimtu is based in Vancouver, at Suite 1450 – 789 West Pender Street, Vancouver, BC V6C 1H2. Zimtu may be reached at 604.681.1568, or info@zimtu.com. Overall, multiple conflicts of interests exist. Therefore, the information provided in this report should not be construed as a financial analysis or recommendation but as an advertisement. Rockstone’s and the author’s views and opinions regarding the companies that are featured in the reports are the author‘s own views and are based on information that was received or found in the public domain, which is assumed to be reliable. Rockstone and the author have not undertaken independent due diligence of the information received or found in the public domain. Rockstone and the author of this report do not guarantee the accuracy, completeness, or usefulness of any content of this report, nor its fitness for any particular purpose. Lastly, Rockstone and the author do not guarantee that any of the companies mentioned in the report will perform as expected, and any comparisons that were made to other companies may not be valid or come into effect. Please read the entire disclaimer carefully. If you do not agree to all of the Disclaimer, do not access this website or any of its pages including this report in form of a PDF. By using this website and/or report, and whether or not you actually read the Disclaimer, you are deemed to have accepted it. Information provided is educational and general in nature. Data, tables, figures and pictures, if not labeled or hyperlinked otherwise, have been obtained from Formation Metals Inc., Tradingview, Stockwatch, and the public domain. The cover picture has been obtained from YouTube.