Electric Metals (USA) Limited Announces Grant of Deferred Share Units

Wilmington, Delaware, January 21, 2026: Electric Metals (USA) Limited (“Electric Metals” or the “Company“) (TSXV: EML) (OTCQB: EMUSF) announces that it has granted an aggregate of 269,808 Deferred Share Units (“DSUs”) to non-executive members of its Board of Directors on January 19, 2025.

The DSUs were granted under the Company’s Omnibus Equity Incentive Plan, which shareholders approved on September 4, 2025, as subsequently amended and restated to reflect compliance with applicable U.S. tax and Delaware corporate law requirements. They were granted to the Company’s non-executive directors in respect of directors’ fees relating to the calendar quarter ended December 31, 2025.