Harry Barr Announces Holdings in MetalQuest Mining Inc.

June 19, 2025 – TheNewswire – Rockport, ON – Mr. Harry Barr (“Barr”) has filed today, an early warning report advising of his holdings in MetalQuest Mining Inc. (the “Company”).  Barr is a director and senior officer of the Company.  Mr. Barr acquired an aggregate 497,000 common shares of the Issuer at an average price of $0.058 per share for total consideration of $28,825.  Since the last report filed, Mr. Barr was also granted 100,000 stock options which entitle him to acquire an additional 100,000 common shares until November 27, 2029 at an exercise price of $0.10 per share.  These stock options are vested quarterly over a period of one year from the date of grant. These transactions have increased his post-conversion share ownership by 2.06%.

Prior to Mr. Barr’s transactions, he was deemed to have control over 8,119,438 common shares, directly and indirectly, of which 1,734,240 are held by New Age Metals Inc. and 410,000 stock options entitling Mr. Barr to purchase an additional 410,000 common shares of the Company representing 31.22% of the Company’s issued and outstanding shares on a post-conversion beneficial ownership basis.  Mr. Barr now holds 8,616,438 common shares, of which 1,734,240 shares are held by New Age Metals Inc., and 510,000 stock options entitling Mr. Barr to purchase an additional 510,000 common shares of the Company representing 33.28% of the Company’s current issued and outstanding shares on a post-conversion beneficial ownership basis.

The securities were acquired for investment purposes. Mr. Barr has a long-term view of the investment and may, in the future, acquire and/or dispose of securities through the open market, through private transactions or through the Company’s stock option plan as circumstances or market conditions may warrant.

For further details, the full early warning report may be obtained from SEDAR+ at www.sedarplus.ca.

Copyright (c) 2025 TheNewswire – All rights reserved.