Allied Critical Metals Announces Appointment of Hon. Marco Mendicino as Strategic Advisor

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Allied Critical Metals (OTCQB: ACMIF) appointed the Honourable Marco Mendicino as a Strategic Advisor on March 4, 2026. Mendicino brings two decades of legal, government and public policy leadership, including service as federal Cabinet minister and senior counsel at Cassels, Brock & Blackwell.

The company noted Mendicino will advise on development of its tungsten assets in Portugal and stakeholder engagement with NATO allies and local partners.

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Vancouver, British Columbia--(Newsfile Corp. - March 4, 2026) - Allied Critical Metals Inc. (CSE: ACM) (OTCQB: ACMIF) (FSE: 0VJ0) ("Allied" or the "Company") is pleased to announce the appointment of the Honourable Marco Mendicino as a Strategic Advisor to the Company. The Honourable Marco Mendicino is Senior Counsel and Strategic Advisor to the firm at Cassels, Brock & Blackwell LLP. A former federal prosecutor, Cabinet Minister, and Chief of Staff to Prime Minister Mark Carney, he brings two decades of leadership in the law, government and public policy.

Mr. Mendicino led the Prime Minister's Office through a national election and one of the most significant transitions of government in recent decades, advancing major projects legislation, working with Premiers and Indigenous leaders, and closely advising the Prime Minister while at the White House, NATO, and G7.

Elected three times as the Member of Parliament for Eglinton-Lawrence, Mr. Mendicino served in Cabinet as Minister of Immigration and Minister of Public Safety and chaired the Five Eyes on behalf of Canada.

A Senior Fellow at the University of Toronto's Munk School, he contributes to national conversations on governance and the rule of law and frequently appears in the media as a commentator.

"We are excited to add Marco Mendicino to our team as a Strategic Advisor. Mr. Mendicino brings decades of business, legal and political expertise to Allied," commented Roy Bonnell, CEO & Director of Allied. "Tungsten is a strategic asset globally and we will benefit from Mr. Mendicino's global view on how to best develop our assets for the benefit of all shareholders."

"I am very pleased to join the team at Allied. Their tungsten assets in Portugal are strategically located in a NATO member state and have historically been very important assets from a global security perspective. Seeing these past producing mines come back into production will be a major development from a NATO security perspective," commented Honourable Marco Mendicino, Strategic Advisor to the Company. "We will work closely with all stakeholders to ensure these assets are developed for the benefit of Portugal and its allies."

Mr. Mendicino joins a team that also includes the appointment of Major General (Ret.) James A. "Spider" Marks and former U.S. Secretary of Homeland Security Kirstjen M. Nielsen as Directors of Allied's wholly owned U.S. subsidiary, Allied Critical Metals USA Inc. ("Allied USA"). Allied USA is dedicated to the importation, marketing and sales of tungsten into the United States.

About Allied Critical Metals Inc.

Allied Critical Metals Inc. is a Canadian-based mining company focused on the advancement and revitalization of its 100%-owned Borralha Tungsten Project and the Vila Verde Tungsten Project in northern Portugal.

The Borralha Project is one of the largest undeveloped tungsten resources within the European Union and benefits from a favourable Environmental Impact Declaration (DIA), positioning the Project for advancement toward feasibility and development. Vila Verde represents additional exploration upside within the same strategic jurisdiction.

Tungsten has been designated a critical raw material by the United States and the European Union due to its strategic importance in defense, aerospace, manufacturing, automotive, electronics and energy applications. Currently, China, Russia and North Korea account for approximately 87% of global tungsten supply and reserves, highlighting the importance of secure western sources.

Further details regarding the Borralha Project are available in the Company's NI 43-101 Technical Report dated December 30, 2025, filed on SEDAR+ at www.sedarplus.ca and on the Company's website at www.alliedcritical.com.

ON BEHALF OF THE BOARD OF DIRECTORS
"Roy Bonnell"

Roy Bonnell
CEO and Director

For further information or investor relations inquiries, please contact:

Dave Burwell
Vice President, Corporate Development
Email: daveb@alliedcritical.com
Tel: 403-410-7907
Toll Free: 1-888-221-0915

Please also visit our website at www.alliedcritical.com.

Also visit us at:

LinkedIn: https://www.linkedin.com/company/allied-critical-metals-inc/
X: https://x.com/@alliedcritical/
Facebook: https://www.facebook.com/alliedcriticalmetals/
Instagram: https://www.instagram.com/alliedcriticalmetals/

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Information

This news release contains "forward-looking statements", including with respect to the use of proceeds. Wherever possible, words such as "may", "would", "could", "should", "will", "anticipate", "believe", "plan", "expect", "intend", "estimate", "potential for" and similar expressions have been used to identify these forward-looking statements. These forward-looking statements reflect the current expectations of the Company's management for future growth, results of operations, performance and business prospects and opportunities, and involve significant known and unknown risks, uncertainties and assumptions, including, without limitation, those listed in the Company's filings with the Canadian securities regulatory authorities (which may be viewed under the Company's profile at www.sedarplus.ca). Examples of forward-looking statements in this news release include, but are not limited to, statements regarding the proposed timeline and use of proceeds for exploration and development of the Company's mineral projects as described in the Company's news releases, and corporate presentations. Should one or more of these risks or uncertainties materialize or should assumptions underlying the forward-looking statements prove incorrect, actual results, performance or achievements may vary materially from those expressed or implied by the forward-looking statements contained in this news release. These factors should be considered carefully, and prospective investors should not place undue reliance on the forward-looking statements. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements and reference should also be made to the Company's most recently filed management's discussion and analysis, all as filed under its SEDAR+ profile at www.sedarplus.ca for a description of additional risk factors. The Company disclaims any intention or obligation to revise forward-looking statements whether as a result of new information, future developments or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/286145

FAQ

Who is Marco Mendicino and what role did Allied Critical Metals (ACMIF) announce on March 4, 2026?

Marco Mendicino is a former federal prosecutor and Cabinet minister appointed as a Strategic Advisor. According to the company, he joins Allied to advise on legal, policy and stakeholder engagement for its tungsten assets in Portugal and NATO-related considerations.

How does the appointment of Marco Mendicino affect Allied Critical Metals' (ACMIF) Portugal tungsten plans?

The appointment adds strategic government and policy expertise to the team. According to the company, Mendicino will help engage stakeholders and advise on developing past-producing tungsten mines in Portugal for the benefit of local and allied partners.

What experience does Marco Mendicino bring to Allied Critical Metals (ACMIF)?

Mendicino brings two decades in law, government and public policy, including Cabinet roles and senior counsel work. According to the company, his resume includes service as Minister of Public Safety and Minister of Immigration and as a Senior Fellow at the Munk School.

Who else has Allied Critical Metals (ACMIF) recently added to its leadership team?

Allied also named Major General (Ret.) James A. Marks and former U.S. Secretary Kirstjen Nielsen to Allied USA's board. According to the company, Allied USA will focus on importation, marketing and sales of tungsten into the United States.

Will Marco Mendicino have operational control over Allied Critical Metals (ACMIF) projects in Portugal?

No, Mendicino was appointed as a Strategic Advisor, not an operational executive. According to the company, his role is advisory—focusing on stakeholder engagement, policy counsel and strategic guidance for developing the Portugal tungsten assets.