Toronto, Ontario--(Newsfile Corp. - May 8, 2024) - This news release is disseminated pursuant to National Instrument 62-103 The Early Warning System and Related Take Over Bids and Insider Reporting Issues in connection with the filing of an early warning report (the "Early Warning Report") regarding the holdings Gale White (the "Acquiror" or "Mrs. White"). The Acquiror has acquired ownership or beneficial ownership or control over 35,235,217 common shares ("Shares") of Enerev5 Metals Corp. with head offices at 141 Adelaide St. W., Suite 340, Toronto, Ontario M5H 3L5 (the "Company" or "Enerev5") as a result of her husband, William F. White passing away on March 3, 2024.

Subsequent to Mr. White's passing, the Acquiror acquired ownership and control of 24,588,550 Shares as a result of a financial institution transferring Shares held in Mr. White's RIFF account to the Acquiror, the Acquiror being the beneficiary of such account. The Acquiror, being designated the Executor for the Estate of William F. White, also acquired beneficial ownership and control over an additional 10,646,667 Shares held by such estate. see & read more on
https://www.newsfilecorp.com/release/208507/