Mr. Simon Cheng reports

PATTERSON METALS CONFIRMS CLOSING PRIVATE PLACEMENT

Patterson Metals Corp. will not proceed with further tranches of its previously announced non-brokered private placement. As a result, the offering has closed and the company has issued a total of 1,155,556 units for gross proceeds of $312,000. Each unit consists of one common share of the company and one common share purchase warrant entitling the holder to acquire an additional common share at a price of 36 cents until June 6, 2028.

The units were sold to purchasers pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106. The securities offered under the listed issuer financing exemption will not be subject to resale restrictions in accordance with applicable Canadian securities laws. No finders' fees or commissions were payable in connection with closing of the offering.

About Patterson Metals Corp

Patterson Metals is a mineral exploration company with a focus on uranium. The company creates value for its shareholders by engaging in promising mineral exploration opportunities. Its main goal is the advancement of various projects from discovery all the way to production. This vertically integrated strategy allows the company to achieve exceptional shareholder value through the entire life cycle of the mining process.

We seek Safe Harbor.