Bedford Metals Continues Exploration Plans at Ubiquity Lake Amid Global AI Boom and Associated Energy Demand Page 1

VANCOUVER, British Columbia, September 2, 2024 (GLOBE NEWSWIRE) — Bedford Metals Corp. (TSX-V: BFM, FWB: O8D, ISIN: CA0762301012) (the “Company” or “Bedford”) is pleased to announce that it has engaged Grander Exploration to assist in the planning of a fall exploration program at the Ubiquity Lake Uranium Project. The Company believes its strategic focus on uranium exploration and development is exceptionally well-timed as nuclear energy is poised to play a critical role in greening the global electrical grid and meeting the significant energy demands of rapidly advancing AI technologies.

Recognizing the current events, Bedford is executing its next exploration plans at Ubiquity Lake. The Company is preparing for another exploration program in the coming weeks, with final details to be determined once assay results from the recent sampling are received. This upcoming program is focused on further exploring and defining the potential of the Ubiquity Lake project.