Supernova Metals Corp. Recruits Industry Pioneer Stuart Munro to Lead Exploration Efforts in Namibian Orange Basin

April 11, 2025

Supernova Metals Corp. Recruits Industry Pioneer Stuart Munro to
Lead Exploration Efforts in Namibian Orange Basin

Vancouver, British Columbia, April 11, 2025 – Supernova Metals Corp. (the “Company” or “Supernova”) (CSE: SUPR) (Frankfurt: A1S) is pleased to announce the appointment of Stuart Munro as Vice President of Exploration, effective immediately.

Stuart Munro is a true pioneer in the Namibian Orange Basin, having played a pivotal role in the region’s exploration history. As the visionary behind what is now Shell’s prolific block and the subsequent game-changing Graff discovery, Munro has proven himself as a trailblazer in hydrocarbon exploration. With over 50 years of expertise and a remarkable track record of success in over 90 basins worldwide, including 18 years across Africa and 15 years in Venezuela, Munro’s accomplishments speak for themselves.

A seasoned geophysicist and a renowned oil finder, Munro has held high-impact roles with Maersk Oil, SOCO, Signet Petroleum, and Regalis Petroleum. He has developed more than 30 prospects, including Graff, and successfully presented them to major industry players like Shell, securing high-impact farmout deals that have led to groundbreaking discoveries.

Supernova CEO, Sean McGrath, stated, “We are incredibly fortunate to have someone of Stuart’s caliber join our team. His unparalleled experience and leadership will be invaluable as we embark on our exploration journey in the Orange Basin. Stuart’s deep expertise and proven ability to repeatedly unlock world-class oil discoveries will give Supernova the edge we need to replicate past successes and create significant value for our shareholders.”

Munro’s appointment comes at a pivotal time for Supernova, as the Company advances exploration efforts on its Orange Basin acreage, surrounded by recent multi-billion-barrel discoveries by Shell, TotalEnergies, and Galp. His wealth of knowledge and pioneering spirit will be central to driving Supernova’s Namibian exploration strategy forward. With his unmatched expertise, Munro is well positioned to lead the Company towards future discoveries and continue building on the legacy he helped establish in this high-potential region.  Supernova is excited to leverage Munro’s leadership to deliver the next wave of success in the Orange Basin. 

The Company also announces that it has granted 500,000 restricted share units (the “RSUs”) to Stuart Munro.  The RSUs will vest over a period of 12 months and will expire on December 31, 2028.

About Supernova

Supernova is an energy and resource exploration company focused on acquiring and advancing natural resources opportunities globally. The Company is exploring its rare earth project in Labrador as well as holding an 8.75% indirect ownership interest in Block 2712A located in the Orange Basin, offshore Namibia. 

On Behalf of the Board of Directors

Sean McGrath
Chief Executive Officer
E: [email protected]

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Forward-Looking Statements:

This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “may”, “should”, “would”, “will”, “potential”, “scheduled” or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. All statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that market fundamentals will support the viability of mining exploration, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future exploration of PEL 107, and the availability of and the ability to retain and attract qualified personnel. Other factors may also adversely affect the future results or performance of the Company, including general economic, market or business conditions, future prices of minerals, changes in the financial markets and in the demand for minerals, changes in laws, regulations and policies affecting the mineral exploration industry, as well as the risks and uncertainties which are more fully described in the Company’s annual and quarterly management’s discussion and analysis and in other filings made by the Company with Canadian securities regulatory authorities under the Company’s SEDAR+ profile. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Readers are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly, are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The Company does not undertake any obligation to update such forwardlooking information whether because of new information, future events or otherwise, except as expressly required by applicable law.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

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