Toronto, Ontario–(Newsfile Corp. – February 2, 2026) – Libra Energy Materials Inc. (CSE: LIBR) (OTCQB: LIBRF) (FSE: W0R0) (“Libra” or the “Company“) is pleased to announce mobilization for its maiden drill program at its 100%-owned Stimson Project (“Stimson” or the “Project“), located within the Case Lake Lithium-Cesium District in Ontario. Stimson represents Libra’s newest acquisition within its Ontario portfolio, pursuant to which the Company acquired a 100% interest in the Project (see the Company’s press releases dated August 25, 2025 and January 14, 2026).

“We are ready to kick-off the new year with our first-ever drill program at Stimson. The initial scout hole will test a historical unassayed hole which returned at least three intervals of possible spodumene, located proximal to the same geological subprovince boundary that hosts Power Metals’ nearby Case Lake lithium-cesium project – one of the largest cesium resources globally. With excellent infrastructure access, we expect the drill program to be a cost-effective way to quickly evaluate whether further work would be warranted at Stimson. We would like to thank the Apitipi Anicinapek Nation representatives for their support in making this drill program possible,” said Koby Kushner, Chief Executive Officer of Libra.