ON BEHALF OF THE RUGBY BOARDBryce Roxburgh | President & CEOTel: 604.688.4941 INVESTOR CONTACTRob Grey | rgrey@rugbyresourcesltd.com ABOUT PAMPA METALSPampa Metals is a copper-gold exploration company listed on the Canadian Stock Exchange (CSE:PM), Frankfurt (FSE: FIR), and OTC (OTCQB: PMMCF) exchanges. In November 2023, Pampa Metals announced it had entered into an Option and Joint Venture Agreement for the acquisition of an 80% interest in the Piuquenes Copper-Gold Porphyry Project in San Juan Province, Argentina. FORWARD-LOOKING STATEMENT: PAMPA METALSThis news release contains certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical fact, that address events or developments that Pampa Metals expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects” and similar expressions, or that events or conditions “will” or “may” occur. These statements are subject to various risks. Although Pampa Metals believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guaranteeing of future performance, and actual results may differ materially from those in forward-looking statements. FORWARD-LOOKING STATEMENT: RUGBY RESOURCESCertain of the statements made and information contained herein is “forward-looking information” within the meaning of the Canadian securities laws. This includes statements concerning whether the proposed Transaction or Spinout Transaction will be consummated or the Definitive Agreement entered into. Neither the CSE, the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.