Cunico Metals Inc. Successfully Consolidates 100% Interest in the Veronneau Project March 31, 2026

TORONTO, ON — Cunico Metals Inc. (“Cunico” or the “Company”) is pleased to announce the successful consolidation of a 100% interest in the Veronneau Project, located approximately 200 kilometers by paved road north of Matagami, Québec.

Cunico was officially incorporated on January 20, 2026, as a dedicated vehicle to consolidate the property and pursue a go-public strategy. Through a series of transactions finalized on March 31, 2026, Cunico acquired a private Québec company holding an interest in the project and executed a corporate restructuring to carve out the remaining ownership from a second private entity.

A total of 36,000,000 common shares of Cunico were issued in connection with this project consolidation. Over the past seven years, the previous owners systematically consolidated the property and invested approximately $5.1 million in exploration programs, including geological work, geophysics, prospecting, and successful diamond drilling. This represents approximately $0.14 of historical project expenditure per Cunico share issued.

This foundational transaction provides Cunico with a fully consolidated exploration asset and positions the Company to advance the Veronneau Project through technically driven exploration while transitioning toward the public market.

For further information, please contact: John Tait, CEO Cunico Metals Inc.

Forward-Looking Statements Information set forth in this news release involves forward-looking information under applicable securities laws. The forward-looking statements contained herein include, but are not limited to, the Company’s anticipated exploration plans, future drilling targets, the evaluation of recent survey data, and the execution of the Company’s go-public strategy, and all such forward-looking statements are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although the Company believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct and, accordingly, undue reliance should not be put on such forward-looking statements. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein.