Toronto, Ontario–(Newsfile Corp. – April 28, 2026) – Paragon Advanced Labs Inc. (TSXV: PALS) (“Paragon” or the “Company”) is pleased to announce that it will soon complete a significant expansion of geochemical analysis capacity at its Sparks, Nevada laboratory facility. The expansion effectively doubles the facility’s geochem throughput and positions the Company to meet anticipated client demand across Nevada and the broader Paragon network.
The expansion includes a laboratory reconfiguration to optimise analytical workflow, as well as continued improvement of quality assurance and quality control (“QA/QC”) protocols, to underpin consistent and reliable results.
About Paragon Advanced Labs Inc.
Paragon Advanced Labs Inc. provides innovative analytical technologies to the global mining industry. By embracing new technology, the Company is addressing critical capacity bottlenecks in mineral assaying through the deployment of PhotonAssay™ technology and complementary analytical solutions. The Company delivers faster, more accurate, and cost-effective mineral analysis for mining operators worldwide.
ON BEHALF OF THE BOARD OF DIRECTORS OF PARAGON ADVANCED LABS INC.
Peter Shippen
Chief Executive Officer and Director
Paragon Advanced Labs Inc.
For more information, contact:
Peter Shippen, Chief Executive Officer and Director
Email: peter.shippen@paragongeochem.com
Forward-looking Statements
This news release contains “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on expectations, estimates and projections as of the date of this news release and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this release may include, but are not limited to, statements regarding the Company’s plans, business objectives, strategy, financial or operational performance, exploration or development programs, future market conditions, and other future events or conditions.
Forward-looking statements are often identified by words such as “anticipate,” “believe,” “expect,” “estimate,” “intend,” “may,” “plan,” “project,” “should,” “will,” and similar expressions. These statements are not guarantees of future performance and involve risks and uncertainties, including those described in the Company’s public filings available under its profile on SEDAR+. 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.
Neither the TSXV nor its Regulation Services Provider (as the term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
