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Phenom Informs Shareholders of President Trump's Follow-Through on Executive Order: Immediate Measures to Increase American Mineral Production

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Vancouver, British Columbia--(Newsfile Corp. - April 22, 2025) - Phenom Resources Corp. (TSXV: PHNM) (OTCQX: PHNMF) (FSE: 1PY0) ("Phenom" or the "Company") wishes to inform shareholders that in under 30 days from President Trump's milestone Executive Order Immediate Measures to Increase American Mineral Production, the first wave of 10 mining and exploration projects have been "identified as transparency projects on the Federal Permitting Dashboard to the Permitting Council Acting Executive Director. This is just the beginning-many more projects are expected to be added to the list on a rolling basis over the next few weeks," according to the April 18, 2025, White House announcement.

It further states, "Inclusion on the Permitting Dashboard as a transparency project makes the environmental review and authorizations schedule for these vital mineral production projects publicly available and allows all of these projects to benefit from increased transparency. The public nature of the dashboard ensures that all stakeholders, from project sponsors and community members to federal agency leaders have up-to-date accounting of where each project stands in the review process. This transparency leads to greater accountability, ensuring a more efficient process. Identifying these transparency projects under the Permitting Council's statutory program advances the President's directive to take immediate action to facilitate domestic production of America's vast mineral resources to create jobs, fuel prosperity, and significantly reduce our reliance on foreign nations."

It is important to note that the Trump Administration is taking swift action on bottlenecks in mineral industry's permitting process early on in the administration, that exploration projects in Forest Service jurisdiction are included in this first wave, and declares that this is just the beginning-many more projects are expected to be added to the list on a rolling basis over the next few weeks.

The full announcement made April 18, 2025 by the White House can be found with the following link: https://www.whitehouse.gov/articles/2025/04/trump-administration-advances-first-wave-of-critical-mineral-production-projects/

About Phenom Resources Corp.

Phenom has 100% interest in the Carlin Gold-Vanadium Project, which has a plan of operation permit on the Carlin Vanadium deposit, North America's largest highest grade primary vanadium resource. The Company's Dobbin and King Solomon Gold Projects have drill permit applications in progress.