Vancouver, British Columbia – June 2nd, 2025

Bedford Metals Corp. (TSX-V: BFM, FWB: O8D, ISIN: CA0762301012) (the “Company” or “Bedford”) announces the receipt of a preliminary interpretation report from Expert Geophysics regarding the MobileMT airborne electromagnetic survey completed earlier this spring at the Company’s wholly owned Sheppard Lake Uranium Project, located on the southern edge of Saskatchewan’s Athabasca Basin.

The survey covered 747 line-kilometers at 100-meter spacing and utilized advanced heliborne MobileMT technology, capable of detecting geoelectrical activity at depths of up to one kilometer with high spatial and resistivity resolution. This method has been widely used in uranium exploration across the Athabasca Basin for identifying conductive zones within magnetic breaks—geophysical features often associated with uranium mineralization.

The preliminary interpretation identified a large-scale subsurface EM conductor trending northwest and situated within a regional magnetic break. The anomaly, approximately 10 kilometers in length, coincides with the Warr Lake Zone—a radioactive zone initially identified by the Company in 2024. Additional conductive anomalies also correlate with previously defined targets TZ-1 and TZ-2.

Based on these results, the Company has commissioned a comprehensive interpretation report that will integrate the MobileMT data with historical datasets. The results of this more detailed analysis are expected in the near term and will help inform future exploration planning, including drill target refinement.

Peter Born, President of Bedford, stated: “The preliminary results from the MobileMT survey offer valuable insights into the subsurface structure of the Sheppard Lake project. The alignment of large-scale conductors with previously identified zones of interest is encouraging and will be a key focus as we move toward the next stages of exploration.”

Bedford is committed to conducting all exploration activities in an environmentally responsible manner. The Company follows industry best practices and works in close collaboration with local indigenous communities and regional stakeholders. Ensuring sustainable development and maintaining open, respectful relationships with those affected by its operations remain core principles of the Company’s approach.

Further updates will be provided as additional interpretations are completed and preparations for future fieldwork progress.

Incentive Grant

The Company also announces that it has granted 1,100,000 incentive stock options (the “Options”) to certain directors and officers of the Company, in accordance with its omnibus incentive plan.  The Options vest immediately and are exercisable to acquire an equivalent number of common shares of the Company at a price of $0.30 until June 2, 2030.

Qualified Person

Dr. Peter Born, P.Geo., is the designated qualified person as defined by National Instrument 43-101 and the President of the Company, and is responsible for and has approved the technical information contained in this release.

For further information, please contact the Company at info@bedfordmetals.com or 604-622-1199 or visit the Company’s website at www.bedfordmetals.com.

On behalf of the Board,

Bedford Metals Corp. 

“Peter Born”

President

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements 

This news release includes statements that contain “forward-looking information” within the meaning of the applicable Canadian securities legislation (“forward-looking statements”). All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statements that involves discussion with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always using phrases such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward -looking statements relate, among other things to: completion of the Acquisition, the ability to obtain the necessary regulatory authorizations and approvals and the development of a revised exploration plan. 

These statements reflect the Company’s respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward–looking statements and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: precious metals price volatility; risks associated with the conduct of the Company’s mining activities in foreign jurisdictions; regulatory, consent or permitting delays; risks relating to reliance on the Company’s management team and outside contractors; risks regarding exploration and mining activities; the Company’s inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; the ability of the communities in which the Company operates to manage and cope with the implications of public health crises; the economic and financial implications of public health crises, ongoing military conflicts and general economic factors to the Company; operating or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the Company’s interactions with surrounding communities; the Company’s ability to successfully integrate acquired assets; the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified under the caption “Risk Factors” in the Company’s public disclosure documents. Readers are cautioned against attributing undue certainty to forward–looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward–looking statements to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.