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CALGARY, AB, March 2, 2026 – Metatek-Group Ltd. (“Metatek” or the “Company“) has announced the filing of a preliminary base PREP prospectus (the “Preliminary Prospectus“) with the securities regulatory authorities in Canadian provinces, excluding Québec. This filing is in connection with a proposed initial public offering of the Company’s common shares (“Common Shares“) (the “Offering“). The exact number of Common Shares to be offered and the price per share have not yet been determined.

Canaccord Genuity Corp. is serving as the sole bookrunner for the Offering, supported by a syndicate that includes CIBC Capital Markets, Scotiabank, ATB Cormark Capital Markets, Roth Canada, Inc., Beacon Securities Limited, and Research Capital Corporation.

The Preliminary Prospectus contains significant details about the Company, the Common Shares, and the Offering, and it is subject to potential amendments and completion. No securities regulatory authority has approved or disapproved the content of this press release. This press release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction where such an offer, solicitation, or sale would be unlawful before the final base PREP prospectus or other authorization is obtained from the relevant securities commission or regulatory authority. Copies of the Preliminary Prospectus and any amendments can be accessed through the Company’s profile on SEDAR+ at . Interested parties can obtain an electronic or paper copy of the Preliminary Prospectus and any amendments, free of charge, from Canaccord Genuity Corp. at by providing an email address or mailing address.

The Common Shares have not been registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), or the securities laws of any U.S. state. Consequently, they may not be offered, sold, or delivered, directly or indirectly, within the United States (as defined in Regulation S under the U.S. Securities Act) or to, or for the account or benefit of, U.S. Persons (as defined in the U.S. Securities Act), except under an exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of these securities in any jurisdiction where such offering or sale is not permitted.

Metatek has submitted an application to list the Common Shares to be offered in the Offering on the Toronto Stock Exchange (“TSX“). This listing is contingent upon the TSX’s approval, which will be based on its original listing requirements. The TSX has not yet conditionally approved the Company’s listing application, and there is no guarantee that it will be approved.

About Metatek

Metatek is a United Kingdom-based geophysical services company specializing in high-definition mapping of subsurface strategic and critical mineral natural resources, energy (including hydrocarbons), helium, and hydrogen for exploration and development purposes. Unlike conventional exploration companies that rely on slow or invasive technologies such as seismic surveys, Metatek provides rapid data acquisition, processing, and scientific interpretation across air, land, and sea environments. The company supports national energy security and accelerates the discovery of essential minerals for sustainable power, such as lithium, nickel, and copper, as well as identifying reservoirs for natural hydrogen and geothermal energy.

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Forward-Looking Information

This news release contains “forward-looking information” as defined by applicable securities legislation, reflecting the Company’s current expectations for future events. This forward-looking information is based on several assumptions and is subject to various risks and uncertainties, many of which are beyond the Company’s control. These risks and uncertainties include, but are not limited to, the factors detailed under “Risk Factors” in the Preliminary Prospectus filed on SEDAR+. Actual results could differ significantly from those projected. Unless otherwise stated or implied by context, the forward-looking information in this news release is provided as of its date, and Metatek assumes no obligation to update this information, whether due to new information, future events, or otherwise, except as required by applicable securities laws.

SOURCE Metatek-Group Ltd.