Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial websites and apps in Canada and for investors globally – with industry leading audience engagement and mobile functionality. Millions of people visit CEO.CA each year to connect with investors from around the world, share knowledge and view impactful stories about stocks, commodities, and emerging companies.

As a media partner at investor events around the world, CEO.CA provides coverage of the companies shaping the future of mining, meeting with industry leaders to learn more about their vision and strategy.

Meet the Executive Shaping the Mining Landscape

We caught up with Anthony Moreau, CEO of American Eagle Gold Corp. (TSXV: AE) (OTCQB: AMEGF) as his team drives a massive 50,000-meter drill program at their flagship NAK copper-gold porphyry project in British Columbia. See what investors have to say about the company: https://ceo.ca/ae

American Eagle Gold Corp.
(TSXV: AE | OTCQB: AMEGF)

Cannot view this video? Visit:
https://www.youtube.com/watch?v=EY-4zRe2pLA

Tune into ‘Inside the Boardroom’ each week and be part of the conversation that’s shaping the business landscape. Visit CEO.CA or our YouTube page for hundreds more executive interviews from CEO.CA here.

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About CEO.CA

The leading community for investors & traders in junior resource & venture stocks. CEO.CA is one of the most popular free financial websites and apps in Canada and for small-cap investors globally — with industry leading audience engagement and mobile functionality. Since 2012, CEO.CA has brought millions of investors together from over 164 countries to discuss their portfolio holdings and find new investment opportunities. Download our App on iOS or Android marketplace or visit us today at CEO.CA to set up your free account.

CEO.CA is a wholly owned subsidiary of EarthLabs, Inc.

Neither the TSX Venture Exchange (“TSXV”), OTC Best Market “(OTCQX”) nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement

The information regarding any issuer contained or referred to in any interviews conducted by CEO.CA has been furnished by such issuer directly, and neither CEO.CA nor any of its affiliates or principals assumes any responsibility for the accuracy or completeness of such information or for any failure by an issuer to ensure disclosure of events or facts which may affect the significance or accuracy of any such information.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release may include, but is not limited to, the objectives, goals, future plans, statements regarding exploration results and exploration and/or development plans of companies featured on the CEO.CA platform. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects, currency risk and the other risks involved in the applicable exploration and development industry, and those risks set out in the public documents of such companies filed on SEDAR or elsewhere from time to time. Undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. CEO.CA disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Source: https://www.newsfilecorp.com/release/305447/CEO.CAs-Inside-the-Boardroom-American-Eagle-Gold-Kicks-Off-Drill-Season-by-Expanding-HighGrade-South-Zone

Metatek has also secured a new multi-disciplinary airborne data acquisition contract with a Canadian energy company operating in Azerbaijan. Data acquisition for both projects is expected to take place during the third quarter of 2026.

“This contract represents a repeat engagement with a government customer in Azerbaijan, following the successful execution of a smaller test program last year,” said Dr. Mark Davies, CEO of Metatek. “It reflects the strength of our technology and the expertise of our survey, processing and interpretation teams, whose delivery of high-quality results has earned the confidence of our client and led to this expanded mandate.”

“The addition of a second contract with a Canadian energy company operating in Azerbaijan further demonstrates the versatility of our technology and the value it delivers across multiple resource sectors,” added Dr. Davies. “Together, these projects establish a meaningful body of work in the region, strengthen our presence in Central Asia and create opportunities to build long-term customer relationships.”

Highlights:

• dFTG system mobilization to Azerbaijan for airborne data acquisition is expected in the coming weeks.

• Follow-on contract awarded by SOCAR following a successful 2025 test program.

• Additional multi-disciplinary data acquisition contract awarded by a Canadian energy company operating in Azerbaijan enabling efficient in-country deployment.

• Data processing, interpretation and integration with the 2025 survey and legacy seismic data are expected to be completed in Q4 2026.

About Metatek

Metatek (www.metatek-group.com) is a global geophysical services company providing high-definition mapping of subsurface strategic and critical mineral natural resources, energy (including hydrocarbons), helium and hydrogen, for exploration and development. Unlike traditional exploration companies, Metatek delivers rapid data acquisition, processing and scientific interpretation across air, land, and sea environments.

Metatek supports national energy security and helps accelerate the discovery of hydrocarbons, minerals essential for sustainable power, such as lithium, nickel, and copper, as well as identifying reservoirs for natural hydrogen and geothermal energy.

For further information:

Forward-Looking Information

This press release contains “forward-looking statements” and “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities legislation. In some cases, forward-looking statements can be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “seek”, “potential”, “estimate”, “anticipate”, “believe”, “could”, “would”, “should”, “continue”, “plans”, “target”, “is/are likely to”, or the negative of these terms, or similar expressions intended to identify forward-looking statements.

Forward-looking statements reflect the Company’s current views with respect to future events and are subject to various known and unknown risks and uncertainties, which are necessarily based upon a number of estimates and assumptions that, while considered reasonable by Metatek, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These factors may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the timing and execution of the Company’s contracts; the ability to mobilise and operate in international jurisdictions; regulatory and permitting processes; the continuation of client relationships; and general economic, geopolitical and industry conditions.

The risks and assumptions outlined above should not be construed as exhaustive. For additional information with respect to certain of these risks or uncertainties and other factors that could affect Metatek’s operations and financial results, reference should be made to the section entitled “Risks and Uncertainties” in the Company’s MD&A for the fiscal year ended December 31, 2025 and to Metatek’s continuous disclosure materials filed from time to time with the Canadian Securities Regulatory Authorities, including the Company’s most recent Annual Information Form under the section entitled “Risk Factors”, which are available under the Company’s profile on SEDAR+ at www.sedarplus.ca.

Forward-looking statements contained in this press release are made as of the date of this press release and the Company undertakes no obligation to update forward-looking statements except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements.

Source: https://www.newsfilecorp.com/release/305511/Metatek-Signs-FollowOn-Contract-and-Additional-Contract-in-Central-Asia

Vancouver, British Columbia–(Newsfile Corp. – July 17, 2026) – Makenita Resources Inc. (KENY: CSE) (WKN: A40X6P) (OTCID: KENYF) (“Makenita”) is pleased to announce the airborne data and regional historical data have been complied and evaluated. This project is directly adjacent to the Sisson Tungsten mine in New Brunswick. On November 13, 2025, the Sisson tungsten mine was selected by the Prime Minister of Canada, Mark Carney, as one of the first nation-building projects.¹ The 2026 Nu Sense detailed airborne magnetic survey (50m nominal flight height, 100m line spacing) over the Makenita property, combined with the historic Florenceville regional aeromagnetic dataset², has identified a local magnetic high directly on Makenita ground. This is interpreted from magnetic lineaments and a 3D Magnetic Vector Inversion (MVI) magnetic inversion as a possible new, secondary intrusion at depth on the west flank of the large central Devonian Howard Peak Granodiorite. This is a similar environment to the Sisson W-Mo deposit which is just to the NE along the main SW-NE structural trend on the East side of the Howard Peak Granodiorite. Management cautions that past results or discoveries on properties in proximity to Makenita may not necessarily be indicative of the presence of mineralization on the Company’s properties.

Figure 1 – MVI modelling (Magnetization > 0.005 units. Orange) shows the anomaly from the new, detailed aeromagnetic survey sitting on the west side of the batholith margin, giving a discrete, drill-ready target rather than a diffuse regional signature.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11165/305489_keny-fig1.jpg

Structurally, large SW-NE trending features mapped from the Mag 1VD (First Vertical Derivative) magnetic data appear to cut across the batholith and extend from the Sisson area onto Makenita property. These are interpreted as potentially controlling structures similar to the structural setting associated with vein-hosted mineralization at Sisson. This strengthens the case that Makenita’s ground sits along a favorable structural trend rather than being geologically isolated from it.

On the geochemical side, regional Tungsten-in-till data (Figure 2) shows an anomaly south and southwest of the Sisson deposit that, based on ice-flow direction and dispersal patterns, may be sourced from the west side of the felsic intrusive — i.e., from Makenita ground rather than from Sisson itself.

Figure 2 – New Brunswick Tungsten (W) in till values with Property Boundaries

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11165/305489_2d85e0e074785b3f_004full.jpg

Jason Gigliotti, President of Makenita Resources, commented: “This is very significant news for Makenita. We now have what appears to be a clearly defined drill target with similar characteristics to the Sisson Tungsten Deposit next door. We are immediately formulating plans to conduct a drill plan to test this target. When you couple this major news with our recent expansion of the ‘Serpentinization Iron-Magnetite Project’ in Saskatchewan bordering Max Power Mining Corp, clearly these are very exciting times for Makenita management and shareholders, especially since there is still a very low share count outstanding.”

Qualified Person

The technical contents of this release were reviewed and approved by Alan King, PGeo, arm’s length to the company and a qualified person as defined by National Instrument 43-101. The data gathered via the government sites have been relied upon as accurate but have not been independently verified by the QP in reference to figure 2.

The updated and correct acreage for the Serpentinization Project should be 102,110

About Makenita Resources Inc.

Makenita currently has several projects located in Canada, including the 102,110-contiguous-acre ‘Serpentinization Iron-Magnetite Project’ in Saskatchewan bordering Max Power Mining Corp. Makenita also has the 9,845-contiguous-acre ‘Sisson West Tungsten Project’, prospective for Tungsten in New Brunswick directly bordering Northcliff Resources Ltd.’s (NCF) Sisson Tungsten Mine, as well as the ~9,000-acre ‘NTX Rare Earth Project’ in Quebec prospective for rare earths. Lastly, Makenita has the 5,542-acre ‘Hector Project’ in the vicinity of Cobalt, Ontario, which is prospective for cobalt, silver and diamonds. Management cautions that past results or discoveries on properties in proximity to Makenita may not necessarily be indicative of the presence of mineralization on the Company’s properties.

1. https://www.pm.gc.ca/en/news/news-releases/2025/11/13/prime-minister-carney-announces-second-tranche-nation-building-projects

2. https://gis-erd-der.gnb.ca/server/rest/services/Geophysics_Aeromagnetic_Individual_Surveys/Florenceville_BigT_TMI_diff/ImageServer

3. Figure 2. Reference https://hub.arcgis.com/datasets/c4f0d9cafad543f78d8731e56a6cc63f_0/explore?location=46.333262%2C-66.372522%2C7&showTable=true.

Makenita Resources Inc.

“Jason Gigliotti”

Jason Gigliotti
President, Chief Executive Officer and Director

For more information regarding this news release, please contact:

The CSE has neither approved nor disapproved of the contents of this press release.

Forward-Looking Statements

Certain information in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of Makenita. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and Makenita disclaims any intention or obligation to update or revise such information, except as required by applicable law.

Source: https://www.newsfilecorp.com/release/305489/Makenita-Resources-Identifies-Clearly-Defined-Magnetic-High-Within-the-Sisson-West-Tungsten-Project-Directly-Bordering-the-Sisson-Tungsten-Deposit-in-New-Brunswick

• AURR will present at the OTC Markets: Precious Metals Conference on July 22 at 10:00 am EST, where you can join us for a 30-minute session including a live Q&A and direct access to management
• Hear directly from CEO Johan Lambrechts about Aurbis’s exploration progress at the Ecru Gold Project
• Learn more about the recently identified Hornfels and its bearing on gold mineralisation in this region.

“Despite challenging market conditions, Aurbis is steadily continuing its exploration efforts on the Ecru Gold Project in Nevada, and I look forward to sharing our progress with you.

The presentation will update you on our activities and share insights into the significance of what we’ve identified so far. We will also discuss future activities and their bearing on the final drill design at Ecru.

I look forward to talking with you.” – Johan Lambrechts (CEO)

Vancouver, British Columbia–(Newsfile Corp. – July 16, 2026) – Aurbis Resources Corp. (CSE: AURR) (Aurbis, AURR or the Company) is pleased to announce that CEO Johan Lambrechts will be presenting at the 

OTC Markets: Precious Metals & Critical Minerals Virtual Investor Conference on July 22, 2026, at 10:00 am EST.

Aurbis invites you to attend its LIVE presentation and interact with our CEO, Johan, in real time, while learning more about this exciting project and its prospects.

Mr Lambrechts will present, then open the floor for questions, so please join us to learn more about our Ecru Gold Project and ask any questions you’d like answered.

Aurbis Resources will present at 10:00 AM Eastern Time, and the full segment, including questions, will last for 30 minutes.

Please register at
https://www.virtualinvestorconferences.com/wcc/eh/4814904/lp/5430084/aurbis-resources-corp-otcqb-qnicf-cse-aurr to ensure you can attend the conference and receive any updates as they are released.

If attendees are unable to join the event live on the day of the conference, Aurbis will distribute an archived webcast on its website after the event.

The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Qualified Person
Johan Lambrechts, QP, is the Company’s qualified person as defined by NI 43-101 and has reviewed the scientific and technical information that forms the basis for portions of this news release. Mr Lambrechts is a member of the Australian Institute of Geoscientists (#5900). He has approved the disclosure herein. Mr Lambrechts is not independent of the Company, as he is a director of the Company.

CAUTIONARY AND FORWARD-LOOKING STATEMENTS

This news release includes certain statements that may be deemed “forward-looking statements”. All statements in this news release, other than statements of historical facts that address events or developments that the Company expects to occur, are forward-looking statements.

Forward-looking statements are statements that are not historical facts and are generally, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results may differ materially from those in the forward-looking statements.

Forward-looking statements are based on the beliefs, estimates, and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates, opinions, or other factors should change.

Source: https://www.newsfilecorp.com/release/305524/Aurbis-Resources-is-Presenting-at-the-OTC-Markets-Precious-Metals-Conference-on-the-22nd-of-July-2026

Paul Parisotto, President, and CEO, stated, “Mr. Lilly’s experience and skills will be a great contribution as Moon River moves forward with its further engineering studies to advance and derisk the Davidson Project, including providing oversight to the ongoing tungsten flotation test work currently being undertaken at Base Metallurgical Laboratories Ltd. in Kamloops, BC and planning for development of the Davidson Project.”

Moon River completed an updated preliminary economic assessment to further de-risk the Davidson Project and determine the economic potential of the deposit in December 2025 prepared by A-Z Mining Professionals Ltd. (“AMPL“). The independent technical report entitled the National Instrument NI 43-101 Technical Report for the Davidson Mine Preliminary Economic Assessment (“PEA“) (“the Davidson Mine Technical Report”) dated February 6, 2026, with an effective date of December 23, 2025, was filed on www.sedarplus.ca. (See press releases dated December 23, 2025, and February 6, 2026) and is available on Moon River’s website www.moonrivermoly.com.

Mr. Lilly has been granted stock options under the Company’s Stock Option Plan to acquire 400,000 common shares of Moon River at $0.72 per share for a ten-year term.

About CSL

CSL is a mining engineering and metallurgical consulting firm. Mr. Cameron Lilly, the Principal of CSL has extensive engineering and operating experience in mills serving both underground and open-pit mines. CSL will bring extensive knowledge to assist Moon River with the advancement and future development of the Davidson Project and provide technical advice to the Company regarding its 25% interest in the Endako Mine.

About Moon River

Moon River is a Canadian-based resource company focused on the acquisition, exploration and development of mineral projects. Moon River is focused on the development of the Davidson Property which hosts a large molybdenum-tungsten-copper deposit and is located near Smithers, British Columbia. The Company also holds 25% in one of the largest molybdenum mines in North America, the Endako Mine Complex also located in British Columbia.

Qualified Person

Mr. Cameron Lilly, P. Eng., President of CSL, and a “Qualified Person” (“QP”) as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Lilly is the QP responsible for the scientific and technical information contained in this press release.

For further information please contact:

The TSXV has in no way passed upon the merits of the Proposed Transaction and has neither approved nor disapproved the contents of this press release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements:

This press release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements“) within the meaning of applicable securities laws. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as “may”, “should”, “anticipate”, “will”, “estimates”, “believes”, “intends”, “expects” and similar expressions, which are intended to identify forward-looking statements. More particularly and without limitation, this press release contains forward-looking statements concerning the advancement of the Davidson Project.

These forward-looking statements reflect the current views of the Company, represent the expectations of the Company as of the date of this news release, and are based on certain assumptions that the Company has made in respect thereof as at the date of this press release.

Although the Company believes the expectations and material factors and assumptions reflected in these forward-looking statements are reasonable as of the date hereof, there can be no assurance that these expectations, factors and assumptions will prove to be correct. These forward-looking statements are not guarantees of future performance and are subject to a number of known and unknown risks and uncertainties including risks detailed in the Company’s Filing Statement and continuous disclosure, which are available on SEDAR+ at www.sedarplus.ca. Accordingly, readers should not place undue reliance on the forward-looking statements contained in this press release.

These risk factors should not be construed as exhaustive. Readers are cautioned that events or circumstances could cause results to differ materially from those predicted, forecasted or projected. The forward-looking statements contained in this document speak only as of the date of this document. The Company does not undertake any obligation to publicly update or revise any forward-looking statements or information contained herein, except as required by applicable laws. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.

Source: https://www.newsfilecorp.com/release/305505/Moon-River-Moly-Ltd.-Announces-Engagement-of-Concentrator-Support-Ltd.-as-Project-Manager-for-the-Davidson-MolybdenumCopperTungsten-Deposit-and-Grant-of-Stock-Options

Ms. Rempel has over 25 years of accounting experience working with companies in the areas of real estate development, restaurant management, mining, general financial services, and software development. She specializes in the provision of accounting services to public companies listed on the Toronto Stock Exchange, the TSX Venture Exchange, and the Canadian Securities Exchange and to companies preparing to list on a Canadian stock exchange. In addition to providing accounting services to reporting issuers, she serves as a Chief Financial Officer, Controller, and/or a director of several public companies in the mining, investment, and technology sectors.

Ms. Rempel replaces the Board position held by James McCrea who has resigned as a director of the Company. She also replaces Art Balikin as Chief Financial Officer. Mr. Balikin remains as a director of Goldcana.

About Goldcana Resources Inc.:

Goldcana Resources Inc. (CSE: GC) is engaged in the identification, acquisition, exploration and development of mineral resource projects.

The Company holds the exclusive option to acquire a 100% interest, subject to net smelter returns royalties ranging from 2% to 3%, in the Triple F Gold Project, which consists of eight mineral claims covering approximately 851 acres located in the Nicola and Vernon Mining Divisions, British Columbia approximately 28 kilometres northwest of Kelowna.

FORWARD-LOOKING INFORMATION

Certain statements in this news release are forward-looking statements, including with respect to future plans, and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability to manage operating expenses, and dependence on key personnel. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, the continued availability of capital and financing, litigation, failure of counterparties to perform their contractual obligations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.

The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the CSE nor its Market Regulator (as that term is defined in CSE policies) accepts responsibility for the adequacy or accuracy of this news release.

Source: https://www.newsfilecorp.com/release/305509/Goldcana-Appoints-Sheri-Rempel-as-Chief-Financial-Officer-and-Director

The financing is structured as a $0.05 Unit, with each Unit including one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share of the Company at a price of $0.065 per share, valid for two years from the date of closing.

Financing proceeds are to be allocated for working capital and general corporate activities. There are no proposed payments to Non-Arm’s Length Parties. Closing will be subject to TSX Venture Exchange approval, and any shares issued will be subject to a hold period equal to four-months and a day.

About Latam Lithium Corp.
LatAm Lithium is a Vancouver, Canada-based company focused on exploring and developing lithium mineral resource projects in the Americas. The Company also holds a 100% interest in two gold exploration projects located within northwestern Ontario, Canada, including the drill-ready, South of Otter gold project located in Red Lake, and the Gold Creek gold project located in Thunder Bay which has been optioned to Delta Resources Limited.

ON BEHALF OF THE BOARD

“Rodney Campbell”

Director, Interim Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains “forward-looking statements” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding the Company’s future business plans. Forward-looking information in this news release is based on certain assumptions and expected future events, namely the growth and development of the Company’s business as currently anticipated. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

Source: https://www.newsfilecorp.com/release/305486/LatAm-Lithium-Announces-Upsizing-of-Private-Placement

The Company intends to use the net proceeds to advance the Morrison Project through the completion of: an updated NI 43-101 compliant mineral resource estimate; a comprehensive NI 43-101 compliant Pre-Feasibility Study designed to evaluate the technical and economic viability of the Morrison Project using updated geological, metallurgical, engineering, environmental and market assumptions; supporting geological, metallurgical, geotechnical, environmental and engineering programs; permitting and stakeholder engagement activities where appropriate; corporate communications; and general working capital. The Pre-Feasibility Study is expected to be supported by an updated NI 43-101 compliant mineral resource estimate prepared using current geological interpretations together with updated metal prices, operating cost assumptions, metallurgical recoveries and pit optimization parameters.

The decision to advance the Morrison Project toward a Pre-Feasibility Study followed the recommendation of the Company’s independent Technical Advisory Board after reviewing the available geological, metallurgical, engineering and environmental information, together with an internal conceptual-level technical and economic review prepared by Tetra Tech Canada Inc., site inspections and comprehensive drill core review. The Technical Advisory Board concluded that sufficient technical information exists to support advancing the Project to the Pre-Feasibility Study stage.

The Board believes completion of an updated mineral resource estimate and Pre-Feasibility Study will provide a modern technical evaluation of the Morrison Project, improve the quality of information available and support the Company’s ongoing strategic review process.

Finder’s fees in the aggregate amount of $15,824 will be paid in cash and 7,360 broker warrants will be issued in connection with the Private Placement. A director of the Company participated in the Private Placement by acquiring an aggregate of 46,512 Units at the offering price under the Private Placement, demonstrating continued alignment between insiders and shareholders. The sale of such Units to the director was approved by the disinterested directors of the Company and is exempt from the valuation and minority approval provisions of Multilateral Instrument 61-101 pursuant to Sections 5.5(b) and (c) and 5.7(1)(a), respectively, of such instrument.

The scientific and technical information contained in this news release has been reviewed and approved by Leo Hathaway, P.Geo., Chairman of the Company’s Technical Advisory Board, a Qualified Person as defined under National Instrument 43-101.

If you would like to be added to or removed from the email newsgroup, please send your request by email to info@pacificbooker.com. PBM can be contacted by phone at 604 681-8556.

On Behalf of the Board of Directors

“John Plourde”

John Plourde, Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains “forward-looking information” within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “interpreted”, “management’s view”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. Forward-looking information in this news release includes, but is not limited to, statements regarding: the use of proceeds of the Offering, Company’s ability to obtain the final approval of the TSX Venture Exchange; preparation of an updated technical report and mineral resource estimate; and the Company’s ongoing strategic review process.

This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time such assumptions and estimates were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Pacific Booker to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.

Such factors include, but are not limited to, the risks described in the Company’s most recent management discussion and analysis and those risks set out in the Company’s other public documents filed on SEDAR+ (www.sedarplus.ca) under Pacific Booker’s issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed timeframes or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Source: https://www.newsfilecorp.com/release/305491/Pacific-Booker-Minerals-Inc.-Announces-Closing-of-NonBrokered-Private-Placement

The program adheres to the exploration program recommended in the National Instrument 43-101 technical report that the Company filed via SEDAR+, which was designed to further investigate previously discovered anomalous gold values and arsenic geochemistry associated with the main fault structure, referred to as the west structural zone. Pyrite and other sulphides were noted in parts of the dike-like quartz veins associated with the zone.

Commodore’s exploration also focused on the Hannah East zone, which is anomalous in gold and arsenic with a number of previous assay values ranging from 0.48 gram per tonne to 17.1 grams per tonne gold. This zone can be traced for approximately 150 metres (410 feet) and varies in width from two to five metres. Previous grab samples taken in 2010 assayed up to 8.70 grams per tonne in the quartz-arsenopyrite zone at the main East Hannah zone. In February 2011, a total of five diamond drill holes were completed in the Hannah East zone that exhibited structurally complex folding and intersected several gold zones.

The Company has completed an airborne survey which showed several significant magnetic and radiometric anomalies. The airborne results have helped in tracing the Keefers showing, which previously produced a representative sample reported to have assayed 1.42 per cent copper, 2.24 per cent nickel, 0.15 per cent cobalt, 3.77 grams per tonne platinum and 0.79 gram per tonne palladium.

Previous stripping on the Hannah East Zone exposed quartz and arsenopyrite veins occurring along narrow shears and along limbs and folded axis of tightly foliated, fine grain siltstones. On surface, the mineralized zone appears to vary in width from 2 to 5 metres with an exposed strike length of approximately 150 metres. The host rock is hydrothermally altered, bleached siltstone and phyllite carrying disseminated to massive lenses of arsenopyrite and quartz. Some fine visible gold was noted in a narrow (two metre) shear occurring in weathered arsenopyrite cavities. Samples collected in 2010 assayed up to 8.70 grams per tonne gold.

The genesis for the source of gold found in the East and West Hannah zones is believed to be structurally controlled, epigenetic-mesothermal – sedimentary-hosted orogenic type environment. The post deformation intrusive stock located to the west and adjacent to the structures likely played a role in the remobilization of auriferous-bearing solutions.

The assay results for samples from drill hole “Keefers Road,” which is located further south from the Hannah East Zone, suggest that further exploration is warranted to the south and potentially to the northwest. This is further supported by the 2011 drill results from the Hannah East Zone as shown in Holes HC03 and HC04 positioned about 50 meters to the north of HC01 & 2 which both intersected mineralized quartz breccias. HC03 orientated to the east at -53-degree dip intersected the mineralized quartz breccia between 30.71-33.41 meters and carries disseminated sulphides including pyrite, pyrrhotite and arsenopyrite. HC04 drilled to the southeast and at oblique angle to the trend of the Hannah zone, with a dip of -60 degrees, may have intersected the fold hinge. Here, an interval between 35.18-49.57 meters, encountered sections of mineralized quartz breccia carrying disseminated pyrite, pyrrhotite and arsenopyrite.

Commodore Metals Corp. conducted the first significant exploration north of the Hannah East Zone in 2024 since the previous program conducted by previous operators in 1983 to 1984 seasons. Prospecting and sampling around drill hole KF-24-01 and approximately 75 m to the north located significant structures and intense alteration along with the location of a very altered granitic intrusion which may be related to the dyke material in drill hole KF-24-01. The alteration material consisted of significant silica and carbonate alteration on the surface of the argillaceous and graphic schist outcrop and appears to emanate from streams flowing along fault zones. This has formed Tufa/Travertine deposits on the host rocks. Although mineralization was subdued, it is noted that drill hole KF-24-01 may have fallen short of penetrating significant N-S trending fault structures to the west. The Tufa/Travertine altered material and the altered granitic outcrop to the north of the drill hole may represent an east-west trending fault zone structure.

During the 2024 exploration season, two drill holes were undertaken along with general prospecting and geological mapping. One drill hole, called Keefers Road, was located south of the Hannah East Showing along the access road to Hannah East and the community of Keefers. A small outcrop of dark grey carbonaceous-argillaceous schist with graphitic slips parallel to schistose bedding places and milky white quartz stringers and boudins was observed with minor pyrite/chalcopyrite grains was located along the side of road. Commodore completed a diamond drill program in September 2024 using a hand operated Shaw Drill. Keefers Road Drill Hole was drilled to a depth of 3.66 m (12 ft). The drill was not oriented in a specific direction or dip angle due the fact that the outcrop was small and rounded where exposed. The drill core was sampled in 0.6 m increments. Core recovery was 90%. The drill core samples were logged and split and analyzed at the ALS Laboratory located in North Vancouver BC. A summary of the assay results is tabulated below.

Keefer Road Drill Hole Results

Recommendations and Proposed Exploration Budget

The Company’s consulting geologist recommends that it initially extend the airborne survey conducted in September 2025 further to the north over the Hannah East Zone continuing north for approximately 2.5 km and westerly for 3 to 5 km.

Additionally, geochemical soil and rock chip sampling and geological mapping should be conducted across the NNW trending reduced magnetic pole and radiometric anomaly. A NE-SW trending grid should be established over the area selected for geological mapping and soil sampling to accurately identify sample locations.

Geochemical soil sampling and additional geological mapping is recommended in the area, north of DDH KF-24-1, where intensely altered zone with carbonate altered surface expression of altered graphitic schist and the altered intrusive outcrop was located. It also recommended that additional examination of the area between this altered zone be continued to the west to a geochemical soil anomaly located along southeast trending portion of the 2024 drill hole KF-24-01 access road. On this road, a geochemical soil anomaly was encountered to the east and west sides of the road 1983 geochemical anomaly). The altered zone north of drill hole KF-24-01 may connected with the anomalous altered zone on the SW trending access road to drill Hole KF-24-01. Additional drilling in 2026 should be considered for this 1983 anomaly should new sampling and mapping identify areas of further interest. Further mapping and sampling should continue to the southeast between the 1983 soil anomaly on the DDH KF-24-01 SW trending access road to the location of 2025 drill holes KE-01-25 and KE-2-25. If results are encouraging, this anomalous zone should also be considered for drill hole testing in 2026.

It is recommended that the following budget outline be implemented with an additional phase of exploration commencing in 2026. With encouraging results, successive phases can be established. A budget estimate for a second phase of explorations is also provided below.

Keefers-Hannah Exploration Budget For 2026

Management is reviewing the recommendations and considering its next steps.

About Commodore Metals Corp.

Commodore Mining Corp. is a Canadian mineral exploration company focused on the discovery and development of high-value strategic minerals, with a focus on identifying and developing assets critical to the global energy transition. Commodore is committed to responsible exploration and value creation through the acquisition and advancement of highly prospective properties. The Company holds an option to acquire a 100% interest, subject to a 2% net smelter returns royalty, in 16 mineral claims covering approximately 2,741 hectares located in New Westminster Mining Division, British Columbia.

Qualified Persons

The scientific and technical information contained in this news release has been reviewed and approved by W.B. Lennan, B.Sc., P.Geo., an arm’s length consulting geologist who is a “Qualified Person” as such term is defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43- 101”).

Mr. Lennan has verified the historical work described in this news release, which is contained in his NI 43-101 report entitled “Summary Technical Report on the Keefers-Hannah Gold Project” dated November 30, 2024 (revised August 6, 2025) that Commodore Metals Corp. filed via SEDAR+ on August 29, 2025.

On Behalf of the Board of Directors

Christopher Paterson
President and Chief Executive Officer

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding Commodore’s intention to continue to identify potential transactions and its intention to complete the exploration program on the Keefers-Hannah Gold Project as recommended. Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance, or developments to differ materially from those contained in the statements. 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 Commodore will obtain from them. These forward-looking statements reflect managements’ current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including Commodore’s results of exploration or review of properties that Commodore does acquire. These forward-looking statements are made as of the date of this news release and Commodore assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Source: https://www.newsfilecorp.com/release/305488/Commodore-Metals-Reports-Exploration-Results-on-KeefersHannah-Gold-Project

Highlights

• The high-resolution airborne magnetic and VLF-EM survey covered the Company’s Tungmony Project and the adjoining historic Lake George Antimony Mine in New Brunswick.

• The survey was flown by Novatem Airborne Geophysics from June 21 to June 25, 2026, comprising 1,194 line-kilometers over 56.66 km² at 50-metre line spacing and an approximate 23-metre mean terrain clearance.

• Data was acquired using dual optically pumped magnetometers and a three-component VLF-EM receiver, providing substantially higher resolution than historical regional airborne geophysics datasets.

• The new airborne data is expected to greatly improve geological interpretation by identifying major structures, fault systems, buried intrusive bodies, and other geological features that may control antimony, tungsten, and gold mineralization at Lake George.

• This new data will also guide target generation for the Company’s planned 2026 field program including prospecting and mapping, soil geochemistry, and induced polarization (IP) surveying, with up to 3,000 meters of diamond drilling planned contingent on the results of the field program.

• The historic Lake George Mine was North America’s largest primary antimony producer, operating intermittently between 1876 and 1996. Antimony is designated a critical mineral in both Canada and the United States.

Kal Malhi, CEO of Hertz Energy commented, “The completion of this high-resolution airborne magnetic and VLF-EM survey represents an important milestone in advancing our Tungmony Project. We have assembled one of the largest strategic land positions surrounding the historic Lake George Antimony Mine, and this new geophysical dataset provides the technical foundation needed to systematically evaluate the property’s considerable exploration potential.

The survey significantly enhances our understanding of the project’s structural framework and will play a critical role in identifying and prioritizing drilling targets. Combined with our, ownership of the Lake George Mine historical database which we acquired, the upcoming prospecting, mapping, and soil geochemistry programs, we believe this work positions us to unlock the broader potential of a district that has seen surprisingly little modern exploration despite its history as North America’s largest primary antimony producer.

With antimony recognized as a critical mineral and global supply remaining constrained, we believe Lake George is uniquely positioned to benefit from increasing demand for secure North American sources. We are excited to continue advancing the project through our 2026 exploration program and look forward to updating shareholders as results become available.”

Welcome Avenir Minerals as Lake George Mine Neighbor:

Avenir Minerals, a subsidiary of Agnico Eagle Mines, was selected by the New Brunswick government to explore and potentially restart the historic Lake George Antimony Mine. Located about 30 kilometres southwest of Fredericton, it was once the largest primary antimony mine in North America We also welcome Avenir Minerals as our neighbor with their recent selection by the New Brunswick Ministry of Mines to.”

The provincial government has selected Avenir Minerals to negotiate an exclusive exploration agreement for the former Lake George antimony mine site. This agreement follows the launch of New Brunswick’s Comprehensive Minerals Strategy, which aims to revitalize the province’s mineral sector and bolster domestic production of critical minerals.

The company was chosen after a call for expressions of interest was issued this spring.

Hertz Energy looks forward to cooperating with Avenir in future collaboration on exploration and development at the Lake George region.

High-Resolution Airborne Magnetic and VLF-EM Survey Details

The airborne survey was completed by Novatem Airborne Geophysics between June 21 and June 25, 2026. The program covered a total area of 56.66 km² and consisted of 1,194 line-kilometres flown on 50-metre line spacing with 500-metre control lines. The helicopter flew at a median terrain clearance of approximately 23 metres, providing substantially detailed magnetic and electromagnetic data.

The survey employed dual optically pumped magnetic sensors operating at 1,000 measurements per second together with a VLF-EM receiver measuring three orthogonal magnetic field components. This modern survey provides substantially higher resolution than historical regional datasets and will allow the Company to better define geological contacts, fault systems, structural breaks, and intrusive bodies that may host antimony, tungsten, and gold mineralization.

The survey also provides a detailed geophysical framework across both the historic Lake George Mine and Hertz Energy’s surrounding land package, highlighting several magnetic and structural features that extend onto the Company’s claims and warrant additional exploration.

2026 Summer Field Exploration Program

• Prospecting and mapping program will focus on known outcrop areas, as well as potentially favourable outcrop areas based on topographic and LiDAR surveys. This field work will include geological mapping, rock geochemistry, and a structural study.

• Soil geochemistry survey to evaluate the potential for blind antimony-tungsten mineralization by using dispersion of geochemical signals in surficial materials. The final sample selection sites will be based on local quaternary geology, satellite images, and LiDAR images.

• If quality exploration targets are developed from this preliminary work the Company envisions undertaking a program of ground IP surveying to firm up drill targets. Positive results would be potentially followed by up to 3,000 metres of diamond drilling later in the year.

The Company’s systematic exploration approach of combining geophysics, geochemistry, and drilling is designed to advance the project from target generation through discovery toward potential resource delineation and future development. The consolidated land position captures structural features interpreted to continue from the historic Lake George Mine, including a NE-trending fault, within what is understood to be a broader intrusion-related hydrothermal system hosting antimony, gold, tungsten, and molybdenum mineralization across the district. The Company believes these factors point to potential for the mineralized system to extend onto its claims, although this remains to be tested through exploration.

Lake George Tungmony Project Details

The Tungmony Project comprises a strategic, large-scale land package that surrounds the historic Lake George Antimony Mine. By consolidating this significant land position, Hertz Energy has secured extensive exposure to the same favourable geological setting, structural controls, and host rocks that supported North America’s largest primary antimony producer.

The historic Lake George Antimony Mine, located approximately 38 kilometres southwest of Fredericton, New Brunswick, was North America’s largest primary antimony producer, operating intermittently between 1876 and 1996.

Hertz Energy holds a total of five mineral claims comprising 577 claim cells and covering 4,392.4 hectares that surround the historic Lake George Mine on three sides (Tungmony Project). The claims were initially staked in September 2024 and April 2025 to secure prospective ground covering the contact between the Silurian Kingsclear Group metasedimentary rocks and the Devonian intrusive rocks of the Pokiok Plutonic Suite, the same geological setting that hosts the historic antimony mineralization (Figure 1).

The Company’s land package now covers approximately 13 kilometres of favourable strike length with multiple interpreted cross-cutting structures considered prospective for antimony, tungsten, and gold mineralization. Much of the property has seen little historical exploration despite favourable geology. While local outcrop provides excellent prospecting opportunities, large portions of the property are covered by thin glacial and lacustrine sediments that may conceal mineralization beneath shallow overburden (Figure 2).

The completion of this high-resolution airborne survey marks an important step in advancing the Company’s systematic exploration strategy. The new geophysical data will guide upcoming field programs designed to identify and prioritize high-quality exploration targets across the property.

Refer to Figures 3 to 6 below that include maps of the recently acquired airborne geophysics data over the Tungmony Project.

Figure 1: Provincial Geology – New Brunswick

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Figure 2: Regional Geology, Location of Historic Lake George Project and Hertz Tungmony Claims

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Figure 3: Very High Resolution Heliborne Magnetics (Total Field)

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Figure 4: Heliborne VLF-EM (Total Field)

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Figure 5: Topographic Data over survey Area

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Hertz Energy 100% Owned Agastya Lithium Property, James Bay, Quebec

The Agastya Lithium Project in Québec is located in a well-known region for lithium deposits-only 26 kilometres southeast of the Corvette Lithium Project owned by Patriot Battery Metals and Adjacent to Lift Power’s recently consolidated Adina and Galine projects

Agastya spans 209 mineral claims, ~10,650 hectares, across 3 non-contiguous blocks within the James Bay greenstone belt-home to adjacent LCT-pegmatite lithium projects like Adina, Trieste, and Galinée.

Positioned along the same structural belt as major lithium discoveries including Adina by Winsome Resources and Galinée by Azimut Exploration (since consolidated by LI-FT Power (TSXV: LIFT)), Agastya offers substantial greenfield potential (Figure 7).

LI-FT Power has agreed to combine with Winsome Resources and acquire majority interest in the Galinée Property to unlock value at the Tier-One Adina Project. This consolidation creates a district-scale lithium project immediately adjacent to Hertz Energy’s Agastya claims-positioning Agastya at the heart of one of Canada’s most significant emerging lithium districts. See NR by LIFT POWER AND AZIMUT EXPLORATION.

The Agastya Property claims fall within a strongly anomalous lake bottom sediment trend, indicating potential for LCT pegmatite mineralization within the Property (Figure 8).

Figure 6: Property position within the greenstone belts

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Figure 7: Lake bottom Cesium anomalies

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Figure 8: Lake bottom lithium anomalies

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Qualified Person Statement and Cautionary Statements

This news release contains scientific and technical information with respect to adjacent or other properties to the Company’s Lake George and Agastya projects, which the Company currently has no interest in or rights to explore. Readers are cautioned that information regarding the geology, mineralization and historical production on adjacent or other properties is not necessarily indicative of the mineralization potential on the Company’s properties.

All scientific and technical information in this news release relating to the Lake George Project has been prepared and approved by Paul Teniere, P.Geo., Technical Advisor to the Company and considered a Qualified Person for the purposes of NI 43-101.

All scientific and technical information in this news release relating to the Agastya Project has been prepared and approved by Louis Martin, P.Geo., Technical Advisor to the Company and is considered a Qualified Person for the purposes of NI 43-101.

About Hertz Energy Inc.

The Company is a British Columbia based junior exploration company primarily engaged in the acquisition and exploration of energy metals mineral properties. The Company is focused on advancing its Lake George Antimony-Tungsten-Gold Project (the “Tungmony Project”), in New Brunswick, a strategically positioned claims package surrounding the past-producing Lake George Antimony Mine. Hertz Energy’s 100%-owned Harriman Antimony Project in the Gaspé Region of Québec and Agastya Lithium Project in James Bay, Québec are part of the Company’s growing property portfolio. The Company is also focused on advancing the Crag and Rod properties, together with and including the Craig silver-lead-zinc deposit (collectively the “Craig Silver Project”), located in east-central Yukon, situated within the Craig Belt, a prospective sub-belt of the ~175-kilometre-long Rackla Belt, a region recognized for hosting some of Yukon’s highest-grade silver-lead-zinc and gold mineralization.

About Antimony-In Short Supply

In August 2024, China announced antimony export restrictions which took effect on September 15, 2024 (source: Reuters, August 28, 2024) and have had significant implications for the global antimony supply chain. China’s announcement of antimony export restrictions has added fuel to a red-hot market and opens another potential flash-point with the West for control of critical minerals. Antimony is a little-known metal with multiple applications. Antimony’s largest end-use is as a flame retardant, but it is also found in solar panels and batteries. The U.S. Department of the Interior has designated it a critical mineral because it is also essential for armour-piercing ammunition, infrared sensors, and precision optics.

As of early July 2026, antimony pricing is around US$52,000/t after peaking near US$59,750/t in mid-2025 in part because of shrinking exports from major producers and a global deficit of the metal. China’s exports are in medium-term decline due to higher demand from its solar energy sector, while Russian supply has been crimped by falling output and Western sanctions. The flow from other big producing nations such as Vietnam, Tajikistan, and Myanmar has been disrupted by the re-routing of shipments from the Red Sea due to Houthi attacks on shipping.

Analysts estimate the market was already looking at a 10,000-ton shortfall before China’s export restrictions. These new controls are not targeted at any specific country, but Chinese authorities can refuse licences to export to individual end-user companies or countries as they see fit.

For further information, please contact Mr. Kal Malhi or view the Company’s filings at www.sedarplus.ca.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Statement Regarding “Forward-Looking” Information

This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation, generally identified by words such as “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “targets” and similar expressions, or statements that events “will”, “would”, “may”, “could” or “should” occur. Forward-looking information here includes, among other things, statements regarding the interpretation and usefulness of the airborne survey data; the generation and prioritization of exploration targets; the scope, timing and results of the Company’s planned 2026 exploration program, including prospecting, mapping, soil geochemistry, IP surveying and up to 3,000 metres of diamond drilling contingent on earlier results; the potential for mineralization associated with the historic Lake George Mine to extend onto the Company’s claims; and expectations regarding antimony and critical mineral markets.

This information reflects management’s current expectations and is based on assumptions regarding, among other things, the availability of capital, personnel and permits, and commodity prices remaining supportive of exploration. It involves risks and uncertainties that could cause actual results to differ materially, including the inherent uncertainty of mineral exploration and the risk that no economically viable mineralization is identified; the risk that geophysical or geological interpretations prove incorrect; the availability of financing; commodity and antimony price volatility; permitting, regulatory, environmental, Indigenous consultation and mineral title risks; and general economic and market conditions. Readers are cautioned that the Company does not own, and has no interest in or rights to explore, the former Lake George Antimony Mine site, and that information regarding adjacent or other properties is not necessarily indicative of the mineralization potential of the Company’s properties.

Forward-looking information reflects management’s views as of the date of this news release. Readers should not place undue reliance on it, and, except as required by law, the Company undertakes no obligation to update it.

Source: https://www.newsfilecorp.com/release/305482/Hertz-Energy-Advances-Its-Lake-George-AntimonyTungsten-Project-and-Summarizes-Lithium-Project