TORONTO, ON / ACCESS Newswire / August 24, 2026 / Galway Metals Inc. (TSXV:GWM)(OTCQB:GAYMF) ("Galway Metals" or the "Company") is pleased to announce that it has entered into a consulting agreement with Simone Capital Corp. ("Simone Capital") dated August 21, 2026 (the "Agreement"). Under the Agreement, Simone Capital will provide investor relations and capital markets advisory services to the Company on a month-to-month basis. Either party may terminate the Agreement at any time. The services will include non-deal and deal roadshows, coordinating introductory meetings and presentations with prospective investors, daily outreach to the investment community, telephone and email campaigns, social media activities, webinars and capital markets advisory services.

As consideration for the services, the Company will pay Simone Capital a cash fee of C$6,500 per month, plus applicable taxes, which commences on August 24, 2026. No securities, stock options, warrants or other equity-based compensation will be issued to Simone Capital under the Agreement.

Simone Capital is an Ontario corporation that provides investor relations and capital markets advisory services and has its head office at Unit 16, 158 Don Hillock Drive, Aurora, Ontario L4G 0G9. Simone Capital is owned and controlled by Anthony Simone, its President, who will be the individual principally responsible for providing the services to the Company. Simone Capital and Mr. Simone are arm's length to the Company and have no other relationship with the Company except pursuant to the Agreement.

The Agreement will be filed with the TSXV and remains subject to the acceptance of the TSXV.

About Galway Metals Inc.

Galway Metals is a Canadian mineral exploration and development company focused on advancing its 100%-owned, high-grade, open-pitable flagship Clarence Stream gold project in southwest New Brunswick. Clarence Stream is an emerging gold district with an exploration strike length of approximately 65 kilometres and the existing resource is open in virtually all directions. Galway Metals holds a 90% participating interest in the Estrades Project, a former producing high-grade, gold-rich polymetallic VMS mine in the northern Abitibi of western Québec. Led by a management team with a proven track-record of creating shareholder value having sold Galway Resources for US$340 million, Galway Metals is focused on creating value for all its stakeholders.

For additional Information on Galway Metals Inc., Please contact:

Robert Hinchcliffe, President & Chief Executive Officer
Telephone: 1-800-771-0680
Website: www.galwaymetalsinc.com
Email: info@galwaymetalsinc.com

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Cautionary Statement

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

This News Release includes certain "forward-looking statements" which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management's expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company's objectives, goals or future plans, information with respect to the OTCQB listing, DTC eligibility, and broadening U.S. institutional and retail investors. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to changes in economic conditions or financial markets, political and competitive developments, operation or exploration difficulties, changes in equity markets, changes in exchange rates, fluctuations in commodity prices capital, operating and reclamation costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company's public documents filed on SEDAR+. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

SOURCE: Galway Metals Inc.