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Standard Uranium Ltd. (TSXV: STND,OTC:STTDF) (OTCQB: STTDF) (FSE: 9SU0) (‘Standard Uranium’ or the ‘Company’) is pleased to announce that mobilization is underway for the maiden diamond drilling campaign at its Corvo Uranium Project (‘Corvo’ or the ‘Project’), located in the eastern Athabasca Basin region. The winter 2026 program will focus on the Manhattan Showing, an area characterized by significant surface mineralization with outcrop grab samples returning up to 8.10% U3O8 along a NE-SW trending electromagnetic (‘EM’) corridor coincident with low-density anomalies.

The Project is currently under a three-year earn-in option agreement (the ‘Option Agreement‘) with Aventis Energy Inc. (‘Aventis‘) (CSE: AVE). Pursuant to the Option Agreement, Aventis has been granted an option (the ‘Option‘) to earn a 75% interest in the Project by funding CAD$6M in exploration expenditures over three years, with the inaugural drill program beginning next week.

2026 Corvo Drill Program Highlights

  • Mobilization & Site Access Initiated: Base Diamond Drilling personnel have commenced road construction to establish property access. The drilling crew is currently finalizing preparations and is scheduled to be enroute to the site by the end of this week.
  • High-Priority Shallow Drill Targets Identified: The drill program will comprise approximately 3,000 metres of skid-supported diamond drilling, partitioned across eight (8) to ten (10) drill holes. Operations will focus on high-priority uranium targets, which were rigorously refined through integration and interpretation of the Company’s 2025 high-resolution geophysical surveys and historical data.
  • Drilling to Test High-Grade Manhattan Showing: For the first time, the Company will drill test the Manhattan Showing, which returned a maximum surface sample grade of 8.10% U3O81. This priority target is characterized by a confluence of mineralization, EM conductors, and newly defined density anomalies – classic signatures of Athabasca-style uranium mineralization. Additionally, the upcoming program is designed to explore the untapped potential of the northwestern EM corridor, which extends along strike from the showing for several kilometres.

‘Getting the drills turning at Corvo is a major milestone for Standard and our partners at Aventis Energy, notably as we will test the high-grade Manhattan Showing at depth,’ said Sean Hillacre, President & VP Exploration. ‘By combining the surface mineralization of 8.10% with our newly defined gravity lows and EM conductors, we have clear, high-priority targets that fit the classic signature of unconformity-related uranium deposits. With the support of our partners at Aventis, our team is eager to see what this northwestern corridor holds as we apply a rigorous, discovery-focused approach to this inaugural program.’

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Figure 1. Regional map of the Corvo Project. The Project is located 60 km due east of Cameco’s McArthur River mine and 45 km northeast of Atha Energy’s Gemini Mineralized Zone (‘GMZ’).

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Figure 2. Summary map showing EM conductor trends on the Corvo project and highlighting the Manhattan Showing, with Reduced-To-Pole Total Magnetic Intensity in the background.

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Qualified Person Statement

The scientific and technical information contained in this news release has been reviewed, verified, and approved by Sean Hillacre, P.Geo., President and VP Exploration of the Company and a ‘qualified person’ as defined in NI 43-101 – Standards of Disclosure for Mineral Projects.

Samples collected for analysis were sent to SRC Geoanalytical Laboratories in Saskatoon, Saskatchewan for preparation, processing, and ICP-MS or ICP-OES multi-element analysis using total and partial digestion and boron by fusion. Radioactive samples were tested using the ICP1 uranium multi-element exploration package plus boron. All samples marked as radioactive upon arrival to the lab were also analyzed using the U3O8 assay (reported in wt.%). SRC is an ISO/IEC 17025:2005 and Standards Council of Canada certified analytical laboratory. Blanks, standard reference materials, and repeats were inserted into the sample stream at regular intervals in accordance with Standard Uranium’s quality assurance/quality control (QA/QC) protocols. All samples passed internal QA/QC protocols and the results presented in this release are deemed complete, reliable, and repeatable.

Historical data disclosed in this news release relating to sampling results from previous operators are historical in nature. Neither the Company nor a qualified person has yet verified this data and therefore investors should not place undue reliance on such data. The Company’s future exploration work may include verification of the data. The Company considers historical results to be relevant as an exploration guide and to assess the mineralization as well as economic potential of exploration projects. Any historical grab samples disclosed are selected samples and may not represent true underlying mineralization.

Natural gamma radiation from rocks reported in this news release was measured in counts per second (‘cps’) using a handheld RS-125 super-spectrometer and RS-120 super-scintillometer. Readers are cautioned that scintillometer readings are not uniformly or directly related to uranium grades of the rock sample measured and should be treated only as a preliminary indication of the presence of radioactive minerals. The RS-125 and RS-120 units supplied by Radiation Solutions Inc. (‘RSI’) have been calibrated on specially designed Test Pads by RSI. Standard Uranium maintains an internal QA/QC procedure for calibration and calculation of drift in radioactivity readings through three test pads containing known concentrations of radioactive minerals. Internal test pad radioactivity readings are known and regularly compared to readings measured by the handheld scintillometers for QA/QC purposes.

References

1 News Release: Standard Uranium Confirms High-Grade Uranium Mineralization up to 8.10% U3O8 at Surface on the Corvo Project, https://standarduranium.ca/news-releases/standard-uranium-confirms-high-grade-uranium-mineralization-at-surface-on-the-corvo-project/

*The Company considers uranium mineralization with concentrations greater than 1.0 wt% U3O8 to be ‘high-grade’.

**The Company considers radioactivity readings greater than 65,535 counts per second (cps) on a handheld RS-125 Super-Spectrometer to be ‘off-scale’.

***The Company considers radioactivity readings greater than 300 counts per second (cps) on a handheld RS-125 Super-Spectrometer to be ‘anomalous’.

About Standard Uranium (TSXV: STND,OTC:STTDF)

We find the fuel to power a clean energy future

Standard Uranium is a uranium exploration company and emerging project generator poised for discovery in one of the world’s premier uranium districts. The Company holds interest in over 241,652 acres (97,793 hectares) in the Athabasca Basin in Saskatchewan, Canada. Since its establishment, Standard Uranium has focused on the identification, acquisition, and exploration of Athabasca-style uranium targets with a view to discovery and future development.

Standard Uranium’s Davidson River Project, in the southwest part of the Athabasca Basin, Saskatchewan, comprises ten mineral claims over 30,737 hectares. Davidson River is highly prospective for basement-hosted uranium deposits due to its location along trend from recent high-grade uranium discoveries. However, owing to the large project size with multiple targets, it remains broadly under-tested by drilling. Recent intersections of wide, structurally deformed and strongly altered shear zones provide significant confidence in the exploration model and future success is expected.

Standard Uranium’s eastern Athabasca projects comprise over 53,166 hectares of prospective land holdings. The eastern basin projects are highly prospective for unconformity related and/or basement hosted uranium deposits based on historical uranium occurrences, recently identified geophysical anomalies, and location along trend from several high-grade uranium discoveries.

Standard Uranium’s Sun Dog project, in the northwest part of the Athabasca Basin, Saskatchewan, is comprised of nine mineral claims over 19,603 hectares. The Sun Dog project is highly prospective for basement and unconformity hosted uranium deposits yet remains largely untested by sufficient drilling despite its location proximal to uranium discoveries in the area.

For further information contact:

Jon Bey, Chief Executive Officer, and Chairman

Suite 3123, 595 Burrard Street
Vancouver, British Columbia, V7X 1J1

Tel: 1 (306) 850-6699
E-mail: info@standarduranium.ca

Cautionary Statement Regarding Forward-Looking Statements

This news release contains ‘forward-looking statements’ or ‘forward-looking information’ (collectively, ‘forward-looking statements’) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as of the date of this news release. Forward-looking statements include, but are not limited to, statements regarding: the timing and content of upcoming work programs; geological interpretations; timing of the Company’s exploration programs; and estimates of market conditions.

Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Certain important factors that could cause actual results, performance or achievements to differ materially from those in the forward-looking statements are highlighted in the ‘Risks and Uncertainties’ in the Company’s management discussion and analysis for the fiscal year ended April 30, 2025.

Forward-looking statements are based upon a number of estimates and assumptions that, while considered reasonable by the Company at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies that may cause the Company’s actual financial results, performance, or achievements to be materially different from those expressed or implied herein. Some of the material factors or assumptions used to develop forward-looking statements include, without limitation: that the transaction with Aventis will proceed as planned; the future price of uranium; anticipated costs and the Company’s ability to raise additional capital if and when necessary; volatility in the market price of the Company’s securities; future sales of the Company’s securities; the Company’s ability to carry on exploration and development activities; the success of exploration, development and operations activities; the timing and results of drilling programs; the discovery of mineral resources on the Company’s mineral properties; the costs of operating and exploration expenditures; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); uncertainties related to title to mineral properties; assessments by taxation authorities; fluctuations in general macroeconomic conditions.

The forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Any forward-looking statements and the assumptions made with respect thereto are made as of the date of this news release and, accordingly, are subject to change after such date. The Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

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

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Tartisan Nickel Corp. (CSE: TN,OTC:TTSRF) (OTCQB: TTSRF) (FSE: 8TA) (‘Tartisan’ or the ‘Company’) is pleased to announce that the Company has appointed Colonel Jack Jacobs to Tartisan Nickel Corp’s. Board of Advisors.

Jack Jacobs was born in Brooklyn, New York. He holds bachelor’s and master’s degrees from Rutgers University and entered the U.S. Army in 1966 as a Second Lieutenant through the ROTC program. He served as a platoon leader in the 82nd Airborne Division, executive officer of an infantry battalion in the 7th Infantry Division and commanded the 4th Battalion 10th Infantry in Panama. A member of the faculty of the US Military Academy, Jacobs taught international relations and comparative politics, and he was a member of the faculty of the National War College in Washington, DC.

He was in Vietnam twice, both times as an advisor to Vietnamese infantry battalions, earning three Bronze Stars, two Silver Stars and the Medal of Honor, the nation’s highest combat decoration. Jacobs retired as a Colonel.

He was a founder and Chief Operating Officer of AutoFinance Group Inc, one of the firms to pioneer the securitization of debt instruments; the firm was subsequently sold to Key Bank. He was a Managing Director of Bankers Trust, where he ran foreign exchange options worldwide and was a partner in the institutional hedge fund business. Jacobs subsequently founded a similar business for Lehman Brothers.

Jacobs is the co-chair of CapZone’s USA Fund, which funds projects of the defense industrial base, and he serves on several charitable boards of directors, including the Children of Fallen Patriots Foundation and the National Medal of Honor Museum Foundation. An on-air analyst for NBC News, he was a member of the team that produced the 2011 Murrow Award-winning Nightly News segment ‘Iraq: The Long Way Out.’ Colonel Jacobs is also the co-author of the memoir, If Not Now, When? , published by Penguin and winner of the Colby Award. His second work of non-fiction is Basic, released by St. Martin’s Press in 2012, and he was an Executive Producer of the series Ten Weeks, which aired on Roku.

Mark Appleby, CEO of Tartisan Nickel states, ‘We welcome Colonel Jacobs to our Board of Advisors as we navigate our way in the Critical Minerals space with various government and corporate agencies. We look forward to working with Colonel Jacobs as we bring Tartisan Nickel Corp. to the next level in 2026 and beyond’.

About Tartisan Nickel Corp.

Tartisan Nickel Corp. is a Canadian-based critical minerals exploration and development company which owns, the Kenbridge Nickel Project near Sioux Narrows, Northwestern Ontario, the Sill Lake Silver Project near Sault Ste. Marie, Ontario as well as the Night Danger Turtle

Pond Project near Dryden, Ontario.

Tartisan Nickel Corp. common shares are listed on the Canadian Securities Exchange (CSE: TN,OTC:TTSRF) (OTCQB: TTSRF) (FSE: 8TA). Currently, there are 152,215,641 shares issued and outstanding (156,287,356 fully diluted).

For further information, please contact Mark Appleby, President & CEO, and a Director of the Company, at 416-804-0280 (info@tartisannickel.com). Additional information about Tartisan Nickel Corp. can be found at the Company’s website at www.tartisannickel.com or on SEDAR at www.sedar.com.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

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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// Not for distribution to the United States newswire services or for dissemination in the United States //

Copper Quest Exploration Inc. (CSE: CQX,OTC:IMIMF; OTCQB: IMIMF; FRA: 3MX) (‘Copper Quest’ or the ‘Company’) is pleased to announce that further to its news release dated January 26, 2026, it has increased and closed its previously announced non-brokered private placement for total gross proceeds of $2,099,890 (the ‘Offering’) through the issuance of 16,513,000 units (each, a ‘Unit’) at a price of $0.13 per Unit.

Each Unit consists of one (1) common share in the capital of the Company (a ‘Share‘) and one Share purchase warrant, whereby each Share purchase warrant (a ‘Warrant‘) shall be convertible into an additional Share (a ‘Warrant Share‘) at an exercise price of C$0.165 per Warrant Share. Each Warrant shall expire on the date that is two (2) years following the date of issuance (the ‘Expiry Date‘). The Expiry Date of the Warrants may be accelerated if the closing price of the Shares on any Canadian stock exchange equals or exceeds $0.50 for ten (10) consecutive trading days at any time following the date that is four months and one day after the date of issue of the Warrants, such that the Warrants shall expire on the date which is 30 calendar days following the date a news release is issued by the Company announcing the accelerated expiry date of the Warrants.

Proceeds from the Private Placement are intended for exploration activities and general working capital purposes. Closing of the Private Placement is subject to the receipt of all necessary regulatory and other approvals. Fees of $113,405.28 are to be paid and 872,348 finder’s warrants issued (the ‘Finder’s Warrants‘) to certain finders in connection with the Offering. Each Finder’s Warrant is exercisable into one Share for a period of (2) two years after the date of issuance at an exercise price of $0.165 and includes the same accelerator provision.

All securities issued in connection with the Offering will be subject to a statutory hold period expiring four months and one day after the date of issuance, as set out in National Instrument 45‐102 – Resale of Securities.

The securities described herein have not been registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act’), or any state securities laws, and may not be offered or sold absent registration or compliance with an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

Stock Option Grant

The Company also announces it has granted an aggregate of 3,250,000 stock options (collectively, the ‘Options‘) to a director, officer, and certain consultants of the Company, for the purchase of up to 3,250,000 common shares in the capital of the Company pursuant to the Company’s Stock Option Plan.

The Options are exercisable for a period of 5 years at an exercise price of $0.15 per Share and vest immediately. The Options and underlying Shares will be subject to a four month hold period in accordance with the policies of the CSE.

About Copper

Copper is an essential industrial metal at the heart of the global energy transition and modern infrastructure. It plays a critical role in electrification, renewable energy systems, electric vehicles, data centers, and smart technologies. With global demand rising and new supply challenged by declining grades, complex permitting, and underinvestment, the copper market faces persistent deficits and growing geopolitical scrutiny. Recent U.S. policy announcements, including import tariffs and initiatives to secure domestic and allied supply chains, underscore copper’s strategic importance and the need for resilient, localized resource exploration, development, production and processing capacity.

About Copper Quest

The company’s land holdings comprise 7 projects that span over 45,000 hectares in great mining jurisdictions of Canada and the USA. Copper Quest is committed to building shareholder value through acquisitions, discovery-driven exploration, and responsible development of its North American critical mineral portfolio of assets. The Company’s common shares are principally listed on the Canadian Stock Exchange under the symbol ‘CQX’. For more information on Copper Quest, please visit the Company’s website at www.copper.quest.

Copper Quest has a 100% interest in the past-producing Alpine Gold Mine located approximately 20 kilometers northeast of the City of Nelson British Columbia, spanning 4,611.49 hectares with a 2018 National Instrument 43-101 Standards of Disclosure for Mineral Projects historical inferred resource of 268,000 tonnes, estimated using a cut-off grade of 5.0 g/t Au and an average grade of 16.52 g/t Au, that represents an inferred resource of 142,000 oz of gold (McCuaig & Giroux, 2018)*. Apart from the Alpine Mine itself the property hosts 4 other less explored significant vein systems including the past-producing King Solomon vein workings, the Black Prince and the Cold Blow veins system, and the Gold Crown vein system. *The Company has not yet completed sufficient work to verify the 2018 historic inferred resource results.

Copper Quest has a 100% interest in the road accessible Stars Porphyry Copper-Molybdenum Property, spanning 9,693 hectares in central British Columbia’s Bulkley Porphyry Belt with Tana Zone discovery drill intersection highlights of 0.466% Cu over 195.07m* in drill hole DD18SS004 from 23.47m, 0.200% Cu over 396.67m* in drill hole DD18SS010 from 29.37m, and 0.205% Cu over 207.27m* in drill hole DD18SS015 from 163.98m. This highly prospective, approximately 5 X 2.5 kilometer annular magnetic anomaly is interpreted to represent an altered monzonite intrusion and surrounding hornfels.

Copper Quest has a 100% interest in the road accessible Kitimat Copper-Gold Property, spanning 2,954 hectares within the Skeena Mining Division of northwestern British Columbia located northwest of the deep-water port community of Kitimat, British Columbia. The property benefits from exceptional infrastructure, being within 10 km of tidewater, 1.5 km of rail, and 6 km of high-voltage hydroelectric transmission lines. Exploration on the Kitimat property dates to the late 1960s, with the most significant historical work conducted by Decade Resources Ltd. (2010), which completed 16 diamond drill holes totaling 4,437.5 meters in the Jeannette Cu-Au Zone, and drill intersection highlights of 1.03 g/t Au, 0.54% Cu over 117.07 m in Hole J-7 from 1.52 m, 1.00 g/t Au, 0.55% Cu over 103.65m in Hole J-1 from 9.15 m, 0.80 g/t Au, 0.45% Cu over 107.01m in Hole J-2 from 6.10 m, and 0.41 g/t Au, 0.33% Cu over 112.20m in Hole J-8 from 11.89 m.

Copper Quest has a 100% interest in the Nekash Copper-Gold Project, a porphyry exploration opportunity located in Lemhi County, Idaho, USA, along the prolific Idaho-Montana porphyry copper belt that hosts world-class systems such as Butte and CUMO. The project is fully road-accessible via maintained U.S. highways and forest service roads and consists of 70 unpatented federal lode claims covering 585 hectares.

Copper Quest has a 100% interest in the road accessible Stellar Property, spanning 5,389-hectares in British Columbia’s Bulkley Porphyry Belt contiguous to the Stars Property.

Copper Quest has a 100% interest in the Thane Project located in the Quesnel Terrane of Northern British Columbia spanning over 20,658 hectares with 10 priority targets identified demonstrating significant copper and precious metal mineralization potential.

Copper Quest has an earn-in option of up to 80% and joint-venture agreement on the road accessible Rip Porphyry Copper-Molybdenum Project, spanning 4,700-hectares located in the Bulkley Porphyry Belt in central British Columbia.

On behalf of the Board of Copper Quest Exploration Inc.

Brian Thurston, P.Geo.
Chief Executive Officer and Director
Tel: 778-949-1829

For further information contact:
Investor Relations
info@copper.quest

https://x.com/CSECQX
https://ca.linkedin.com/company/copper-quest

Forward Looking Information

This news release contains certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking statements‘) within the meaning of applicable securities legislation. All statements, other than statements of historical fact included herein, including without limitation, the planned use of proceeds of the Private Placement, and future operations and activities of Copper Quest, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘potential’, ‘possible’, and similar expressions, or statements that events, conditions, or results ‘will’, ‘may’, ‘could’, or ‘should’ occur or be achieved. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company’s exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company’s business and prospects. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. The Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.

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Survey also validates significant mineralization and unlocks new targets

Highlights

  • Direct correlation with mineralization : The modeled geophysical plates explain the presence of semi-massive to massive sulfides intersected in holes TOM-25-009 to TOM-25-015.
  • Priority target BER-14C : Identification of a major 160 x 300 m plate, open at depth and to the northeast , suggesting the presence of a significant massive sulfide lens near drill hole TOM-25-014.
  • Confirmation of Berrigan Deep : The TOM-25-015 drill hole perfectly intersects the southeast extension of the BER-14C plate, validating the continuity of the mineralized system at a depth of over 450 metres .

TomaGold Corporation (TSXV: LOT,OTC:TOGOF; OTCPK: TOGOF) (‘ TomaGold ‘ or the ‘ Company ‘) is pleased to announce the interpretation results of the borehole electromagnetic (BHEM) survey completed on its Berrigan Mine project, located in the Chibougamau mining camp.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260205830419/en/

Figure 1: TomaGold

Figure 1: TomaGold’s borehole EM survey confirms Berrigan Deep Zone

The survey, conducted by Abitibi Geophysics, modeled ten conductive plates of varying orientation and size that not only corroborate the high-grade intersections already announced, but also indicate significant extension potential, particularly with the discovery of the Berrigan Deep zone.

David Grondin, President and CEO of TomaGold, stated: ‘The geophysics confirm what our drill cores indicated: Berrigan Mine sits on a large-scale mineralized system. The BER-14C plate, in particular, extends the mineralization signature of holes TOM-25-014 and TOM-25-015 with a vector pointing to an even more conductive zone to the northeast.’

Technical analysis of the plates

The survey uses Terrascope PRO5U transmitters (up to 15 kW) powered by a Wildcat generator to transmit a bipolar signal in a 530 x 560 m surface loop with a current of 30 A. The borehole measurements are taken at frequencies of 5 Hz and 1 Hz using a GPS-synchronized DigiAtlantis triaxial probe, which captures the components of the magnetic field. Finally, the data is processed and modeled using specialized Maxwell and Oasis Montaj software, with the conductive plates shown in green in Figure 1.

Table 1: Comparative analyses Drilling/BHEM

Sector / Drill hole

Intersection (base interval)

Geophysical plate

Conductance (S)

Plate dimensions (m)

Berrigan Deep (TOM-25-015)

1.98% Zn, 0.82 Au g/t and 3.21 Ag g/t over 98.50 m

BER-14C

5000

160×300

West Extension (TOM-25-014)

4.55% Zn, 4.94 Au g/t and 56.44 Ag g/t over 2.10 m

TOM-25-014_B

5000

85×90

Main Zone (TOM-25-009)

1.40% Zn, 1.12 Au g/t and 7.55 Ag g/t over 48.05 m

TOM-25-009_C

4000

40×40

North Zone (TOM-25-012/13)

Results pending

TOM-25-12+13_A

1900

70×220

Source: Rapport technique d’Abitibi Géophysique (25QC084-BT TomaGold, Berrigan, BHEM, 2026)

Note: TomaGold has reverted to reporting elemental assay results rather than metal equivalent grades. The mineralization style encountered at Berrigan Mine differs from typical sulphide deposits in the surrounding area, including Scott Lake, Lemoine and Mattagami, as well as outside the immediate region such as Normétal, Rouyn-Noranda and Timmins. As a result, metallurgical recovery assumptions remain uncertain at this stage and cannot currently support the use of metal equivalent calculations.

Next Steps

TomaGold plans to:

  1. Drill three new holes (TOM-26-016 to TOM-26-018) to test the northeast and depth extensions of the BER-14C conductive plate.
  2. Conduct additional follow-up drilling to extend holes TOM-25-010, 011, and 013 with the goal of reaching modeled targets, and drill a corner hole from hole TOM-25-015.
  3. Conduct a low-frequency surface electromagnetic (EM) survey to better define the thickness, continuity, and lateral extent of the mineralized system.

About the Berrigan Mine Project
The Berrigan Mine property consists of 16 claims totalling 483 hectares located 4 km north-northwest of the town of Chibougamau. TomaGold has an option to acquire 100% of the property from Chibougamau Independent Mines Inc.

The property has been the subject of more than one historical estimate. Met-Chem Canada Inc. prepared the most recent of these in April 2001 in a report titled: ‘Pre-feasibility study: Etude Conceptuelle, Projects Berrigan and Tortigny’ by Chuinard et al. In the report, a resource estimate completed using polygonal estimation techniques stated 1.39 Mt grading 3.17% Zn and 1.77 g/t Au on the main Berrigan Mine zone. No resource classifications were given for the resource (GM61359).

The mineral resource estimate presented above is historical in nature and was not prepared in accordance with National Instrument 43-101 standards. Accordingly, the reader is cautioned not to rely on this estimate, as the Company is not treating the estimate as a current mineral resource. The qualified person has not done sufficient work to make the resource current. Substantial data compilation, verification, and, potentially, additional drilling and resampling would be required by a qualified person before the historical estimate could be classified as a current mineral resource. There can be no assurance that any portion of the historical mineral resource will ultimately be confirmed or demonstrated to be economically viable. For further information regarding the Berrigan Mine Project, please consult the press release dated September 13, 2023 .

Technical Disclosure
The drilling program was managed by Explo-Logik of Val-d’Or, Québec. Drill core was split in half, with one half submitted to AGAT Laboratories at Val-d’Or for analysis. Gold was analyzed by fire assay (50 g) with atomic absorption finish, while base metals were analyzed by four-acid digestion with ICP-OES finish. Samples with gold grades greater than 10 g/t are reprocessed using metallic screening with a 106 µm cutoff. The processed material is split and analyzed by fire assay with ICP-OES finish to extinction. A separate split is prepared to independently analyze mineralized intervals with a target grade greater than 1.00% Cu-Zn using a Na₂O₂ fusion with ICP-OES or ICP-MS finish. Sample preparation duplicates, certified reference standards, and blanks are inserted into the sample stream.

The technical content of this press release has been reviewed and approved by Jean Lafleur, P.Geo., Vice President of Exploration of the Company, and Suzie Tremblay, P.Geo., Vice President of Operations at Explo-Logik Inc. and a consultant to TomaGold, each acting as a Qualified Person under National Instrument 43-101.

About TomaGold
TomaGold Corp. (TSXV: LOT,OTC:TOGOF, OTCPK: TOGOF) is a Canadian junior mining company focused on the acquisition, exploration, and development of high-potential precious and base metal projects, with a primary focus on gold and copper in Québec and Ontario. The Company’s core assets are located in the Chibougamau Mining Camp in northern Québec, where it owns the Obalski gold-copper-silver project and holds options to acquire 12 additional properties, including the Berrigan Mine, Radar, David, and Dufault projects. TomaGold also holds a 24.5% joint venture interest in the Baird gold property near the Red Lake Mining Camp in Ontario. In addition, the Company has lithium and rare earth element (REE) projects in the James Bay region, strategically positioned near significant recent discoveries.

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Cautionary Statement on Forward-Looking Information
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, but not always, 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. Factors that could cause the actual results to differ materially from those in forward-looking statements include the potential results of exploration and drilling activities, market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected 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 in the event that management’s beliefs, estimates, opinions, or other factors should change.

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20260205830419/en/

David Grondin
President and Chief Executive Officer
(514) 583-3490
www.tomagoldcorp.com

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Mr. Thordarson brings two decades of expertise in operations, infrastructure development, and large-scale business transformation in the aviation industry

Syntholene Energy Corp. (TSXV: ESAF,OTC:SYNTF) (OTCQB: SYNTF) (FSE: 3DD0) (‘Syntholene’ or the ‘Company’) announces the nomination of Jens Thordarson, former Chief Operating Officer of Icelandair, to its Advisory Board. With nearly two decades of leadership experience in the aviation industry, Mr. Thordarson brings expertise in operations, infrastructure development, and large-scale business transformation, critical elements as Syntholene advances its synthetic fuel solutions for global transportation and logistics.

Mr. Thordarson held multiple executive roles at Icelandair over his 17-year tenure, including Chief Operating Officer and Vice President of Technical Operations. In these roles, he spearheaded large-scale operational improvements, optimized fleet management, and integrated advanced technologies to enhance efficiency and sustainability in one of the world’s most demanding industries. Currently, he serves as CEO of GeoSalmo, a company focused on sustainable aquaculture, further reinforcing his commitment to innovative and environmentally responsible industries. Mr. Thordarson also serves as the Honorary Consul of Ireland in Iceland, encouraging tourism, trade, and foreign affairs between the two nations.

‘Jens’ leadership in aviation and operations, combined with his strategic network in the nation of Iceland, makes him an ideal contributor to Syntholene’s Advisory Board,’ said Dan Sutton, Chief Executive Officer of Syntholene Energy Corp. ‘As we work to bring sustainable synthetic fuels to Icelandic and European markets, his insights into politics, regulatory landscape, and infrastructure readiness will be instrumental in driving our commercialization strategy.’

Syntholene Energy Corp. is at the forefront of developing sustainable synthetic fuels designed to seamlessly integrate with existing energy infrastructure while significantly reducing carbon emissions. The nomination of Mr. Thordarson reinforces the Company’s commitment to drawing expertise from industries where fuel efficiency, innovation, and operational scale are paramount.

‘I am excited to join Syntholene’s Advisory Board and contribute my experience in aviation, operations, and strategic growth,’ said Mr. Thordarson. ‘The transition to sustainable fuels is essential for industries like aviation, and Syntholene’s technology represents a major step forward, taking a fundamentally different and more disciplined approach to the challenge. I look forward to working with the team as they move toward scale.’

About Syntholene

Syntholene is actively commercializing its novel Hybrid Thermal Production System for low-cost clean fuel synthesis. The target output is ultrapure synthetic jet fuel, manufactured at 70% lower cost than the nearest competing technology today. The company’s mission is to deliver the world’s first truly high-performance, low-cost, and carbon-neutral synthetic fuel at an industrial scale, unlocking the potential to produce clean synthetic fuel at lower cost than fossil fuels, for the first time.

Syntholene’s power-to-liquid strategy harnesses thermal energy to power proprietary integrations of hydrogen production and fuel synthesis. Syntholene has secured 20MW of dedicated energy to support the Company’s upcoming demonstration facility and commercial scale-up.

Founded by experienced operators across advanced energy infrastructure, nuclear technology, low-emissions steel refining, process engineering, and capital markets, Syntholene aims to be the first team to deliver a scalable modular production platform for cost-competitive synthetic fuel, thus accelerating the commercialization of carbon-neutral eFuels across global markets.

For further information, please contact:
Dan Sutton, CEO
comms@syntholene.com
www.syntholene.com

Investor Relations
KIN Communications Inc.
604-684-6730
ESAF@kincommunications.com

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words ‘expect’, ‘anticipate’, ‘aims’, ‘continue’, ‘estimate’, ‘objective’, ‘may’, ‘will’, ‘project’, ‘should’, ‘believe’, ‘plans’, ‘intends’ and similar expressions are intended to identify forward-looking information or statements. All statements, other than statements of historical fact, including but not limited to statements regarding the completion of the definitive agreement, successful implementation of the test facility, commercial scalability, technical and economic viability, anticipated geothermal power availability, anticipated benefit of eFuel, and future commercial opportunities, are forward-looking statements.

The forward-looking statements and information are based on certain key expectations and assumptions made by the Company, including without limitation the assumption that the Company will be able to execute its business plan, that the eFuel will have its expected benefits, that there will be market adoption, and that the Company will be able to access financing as needed to fund its business plan. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature, they involve inherent risks and uncertainties.

Actual results could differ materially from those currently anticipated due to a number of factors and risks, including, without limitation, Syntholene’s ability to meet production targets, realize projected economic benefits, overcome technical challenges, secure financing, maintain regulatory compliance, manage geopolitical risks, and successfully negotiate definitive terms. Syntholene does not undertake any obligation to update or revise these forward-looking statements, except as required by applicable securities laws.

Readers are advised to exercise caution and not to place undue reliance on these forward-looking statements.

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Valeura Energy (TSX:VLE,OTCQX:VLERF) is an oil and gas company focused on the development and operation of shallow-water offshore assets in the Gulf of Thailand. The company, listed on the Toronto Stock Exchange and headquartered in Singapore, is strategically positioned within the Asia-Pacific region. Valeura operates four producing oil fields—Nong Yao, Jasmine, Wassana, and Manora—and has established itself as a low-cost, dependable operator in a mature basin supported by extensive existing infrastructure.

Valeura focuses on maximizing free cash flow from existing production while extending asset life through ongoing drilling, upgrades, and near-field exploration. This is supported by a disciplined acquisition strategy, positioning the Company as a potential regional consolidator, backed by an experienced management team with a strong track record in operations, transactions, and safety.

Valeura Energy

Valeura’s primary focus is its operated portfolio of shallow-water offshore oil fields in the Gulf of Thailand, which form the foundation of its cash flow, reserves growth and near-term value creation. The company currently operates four producing fields – Nong Yao, Jasmine, Wassana and Manora – all located in a mature basin with extensive infrastructure and a long history of reserve replacement through continued development.

Company Highlights

  • Second-largest oil producer in Thailand, operating four shallow-water offshore fields in the Gulf of Thailand
  • Strong financial position, with US$306 million in cash and no debt as of December 31, 2025
  • Growing reserves and extended field lives, with 57.6 mmbbl of 2P reserves and a multi-year history of approximately 200 percent reserves replacement per year
  • Highly cash-generative business, generating US$158 million in free cash flow over the last twelve months to September 30, 2025
  • Growth-oriented strategy, combining disciplined organic investment with accretive M&A opportunities in the Asia-Pacific region

This Valeura Energy profile is part of a paid investor education campaign.*

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Here’s a quick recap of the crypto landscape for Wednesday (February 4) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$73,420.53, down by 3.9 percent over 24 hours.

Bitcoin price performance, February 4, 2026.

Bitcoin price performance, February 4, 2026.

Chart via TradingView.

Expectations of tighter monetary policy and unresolved regulatory tensions are also weighing on investors.

Meanwhile, XS.com’s Samer Hasn is observing positive sentiment marked by long-term investors and new Bitcoin addresses accumulating at current low prices, despite speculative money leaving. He views the downtrend as a buying opportunity while the broader market anticipates crucial economic data and earnings from Alphabet (NASDAQ:GOOGL).

Ether (ETH) was priced at US$2,164.80, down by 5.7 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$1.54, down by 4.7 over 24 hours.
  • Solana (SOL) was trading at US$93.04, down by 7.7 percent over 24 hours.

Today’s crypto news to know

Bitcoin-led selloff wipes nearly US$500 billion from crypto market

A sharp crypto selloff has erased nearly half a trillion dollars in market value in less than a week, with Bitcoin leading the decline, according to a Bloomberg report.

The total market cap for crypto has fallen by about US$467.6 billion since January 29.

Meanwhile, Bitcoin slid to its lowest level since US President Donald Trump’s re-election in early November 2024, briefly touching US$72,877 in US trading before clawing back to around US$75,900.

The pullback comes despite a more crypto-friendly White House and growing institutional adoption, reflecting how fragile sentiment remains after months of heavy leverage.

More than US$700 million in bullish and bearish bets were liquidated in the past 24 hours alone, taking total liquidations since January 29 to over US$6.6 billion, according to CoinGlass data.

Burry warns Bitcoin slide could trigger cascading financial stress

In a Substack post published on Monday (February 2), Michael Burry speculated that Bitcoin’s recent sharp decline could be something beyond a normal bear market, framing it as a uniquely dangerous setup that could trigger cascading financial turmoil across leveraged portfolios, as well as the entire crypto market and metals.

As Bitcoin is deeply embedded into leveraged structures, further price drops could force more selling. He outlined several ‘sickening scenarios,’ including 15 to 20 percent hits for large institutional holders like Strategy (NASDAQ:MSTR), a company he predicts could see major losses if Bitcoin were to fall to US$60,000.

If the cryptocurrency were to dip toward US$50,000, Burry said miners could dump reserves to avoid bankruptcy, dragging minerals and tokenized metal futures into a collapse. Burry sees Bitcoin as a purely speculative asset that has failed to act as a reliable debasement hedge like gold, so its drawdown exposes broader balance sheet fragility driven not just by price moves, but also by over‑levered positions, aggressive artificial intelligence and cloud CAPEX accounting and weak capital discipline that will only become apparent when liquidity tightens.

Strategy’s Bitcoin bet goes underwater

Michael Saylor doubled down on his Bitcoin conviction this week even as Strategy’s vast holdings slipped below their average purchase price. Bitcoin’s drop under roughly US$76,000 has pushed the firm’s estimated cost basis into negative territory, leaving it about US$630 million underwater on paper, according to market estimates cited by critics.

The company has accumulated more than 712,000 BTC since 2020 using a mix of share issuance and convertible debt, a strategy that paid off during the bull market, but now faces renewed scrutiny.

Bitcoin critics, including Peter Schiff, argue that Strategy’s aggressive buying helped fuel the earlier rally and that slowing purchases are now exacerbating the decline. Saylor has rejected that view, posting on X that volatility is “Satoshi’s gift to the faithful” and reiterating his rule to “Buy Bitcoin.”

TRM Labs hits US$1 billion valuation

Blockchain intelligence firm TRM Labs has reached a US$1 billion valuation after closing a US$70 million Series C funding round that was led by Blockchain Capital and included backing from Goldman Sachs (NYSE:GS), Bessemer Venture Partners, Brevan Howard, Thoma Bravo and Citi Ventures.

Co-founder Esteban Castaño said the company was built around the belief that widespread crypto adoption would inevitably require sophisticated risk and compliance tools.

TRM gained traction with law enforcement agencies and financial institutions by tracking activity across multiple blockchains, an early strategic choice that helped it compete with more established rivals.

Bessent reasserts government Bitcoin stance

During testimony before the House Financial Services Committee during a mandatory oversight hearing on the annual report of the Financial Stability Oversight Council, US Secretary of the Treasury Scott Bessent reasserted his stance that Bitcoin is an asset of the US government, not a liability, and that the Strategic Bitcoin Reserve built from forfeited coins is a legitimate balance sheet asset that the treasury is treating as part of the nation’s financial toolkit.

Bessent noted that roughly US$500 million in seized Bitcoin retained by the government has appreciated to over US$15 billion while in custody, underscoring Bitcoin’s role as a high‑growth strategic asset on the federal balance sheet.

He reiterated that the US is not planning to buy more Bitcoin on the open market, but will continue to accumulate it in budget‑neutral ways to build the reserve, such as through forfeitures and seizures.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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Gold has seen wild swings over the last week, hitting record highs near US$5,600 per ounce before plunging nearly 10 percent to around US$4,700 in the sharpest drop in over a decade. The real story, though, isn’t just the price action, but how tokenized gold is modernizing one of the world’s oldest reserve assets for a new era.

Leading this charge is Gold Token SA (GTSA), the gold tokenization arm of Swiss precious metals giant MKS PAMP.

Under the leadership of CEO Kurt Hemecker, GTSA is transforming how institutions and individual investors interact with the world’s oldest reserve asset by placing it on modern rails.

As digital assets like Bitcoin struggle to maintain their safe-haven narrative amid high-profile fraud cases, institutions are seeking trusted assets on modern rails, where blockchain’s functional advantages — such as 24/7 liquidity and instant settlement — can upgrade low-volatility reserve assets via tokenization.

The infrastructure bridge: Legal title and institutional trust

MKS PAMP is a family-owned global powerhouse that operates one of the world’s most renowned refineries.

By launching the DGLD token on the Base network, Coinbase’s Layer 2 blockchain, in mid-December 2025, GTSA effectively bridged the gap between 60 years of Swiss precious metals heritage and US-centric blockchain technology.

Unlike speculative crypto tokens, “DGLD is designed to represent allocated physical gold rather than a claim on an issuer,” prioritizing the institutionalization of real-world assets through transparent governance, Hemecker said.

”That design approach is important in jurisdictions like the US, where regulators are still clarifying the boundaries between securities and other digital assets,” he added. Physical gold’s familiarity reduces ambiguity, giving institutions clear legal title to specific vaulted bars, not issuer promises or derivatives.

According to Hemecker, this structure earns policymaker support as “controlled tokenization, where digital representations of existing assets are well-governed and clearly backed, rather than creating new, untested monetary substitutes.” Investors gain direct property rights over high-security Swiss vaults, outpacing tech-first rivals.

Transparency serves as a competitive advantage in this new era of digital commodities. Gold investors, who are traditionally obsessed with provenance, can utilize GTSA’s Bar Mapper tool. This technology allows a digital holder to trace their token back to specific gold bars certified by the London Bullion Market Association

Users can view non-sensitive metadata, including the refiner, weight, purity and serial number of the bars, providing a level of auditability that was previously impossible in the gold market. This creates a transparent link between digital ownership and physical existence, ensuring that every token is backed by real, verifiable gold.

Overcoming hurdles

The operational hurdles once plaguing tokenization are rapidly fading. “Several early frictions are already easing,” Hemecker said. “Operational and technical uncertainty is declining as standards around custody, issuance and lifecycle management mature. Institutional access is improving, and credibility gaps are narrowing.

This maturity drives a shift from experimental pilots to institutional balance-sheet allocations.

“What we’re seeing from institutions and central banks is not a move away from traditional safe-haven assets, but a desire to modernize the infrastructure around them,” he explained. Blockchain’s 24/7 availability, near-instant settlement and efficient reporting keep gold exposure while accelerating infrastructure.

“Tokenized gold allows institutions to maintain exposure to a familiar reserve asset, while benefiting from faster settlement … This is about putting trusted assets on modern rails.”

Liquidity follows suit. “Liquidity will increasingly be judged by depth and reliability, not headline volumes,” Hemecker noted. “Custody quality will move to the foreground, with institutions favoring allocated, insured gold held with reputable vaulting partners.” DGLD delivers this via Base and Aerodrome DEX’s nonstop trading.

Finally, redemption seals the trust: “Redemption down to 1 gram expands accessibility and utility for collateral, lending, repos and beyond. Redemption builds trust, but tokenization is where the real utility comes from.”

The regulatory landscape

The regulatory landscape continues to play a pivotal role in the adoption of tokenized gold.

While GTSA is a Swiss-regulated entity supervised by FINMA-level standards, its presence on the Base network demonstrates a strategic navigation of global demand.

“Regulatory trends are likely to support tokenized gold adoption by rewarding transparent, well-governed structures that fit within existing financial and commodity frameworks,” Hemecker said. “Products with clear custody, governance and legal ownership are simply easier for institutions to assess and approve.”

The GENIUS Act, passed in the US in 2025, clarifies stablecoin rules, prioritizing 1:1 reserves and audits, which favor insured custody like MKS PAMP’s. The proposed CLARITY Act would split Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) purview, classifying some assets as “digital commodities.”

This past January, the SEC and CFTC held a joint harmonization event to align on digital asset oversight, while the CLARITY Act awaits Senate action after House passage in 2025.

Looking ahead

Looking ahead, Hemecker believes the trend favors “consolidation rather than proliferation.’

Tokenization can improve traceability and data continuity, aiding secondary markets like recycled gold. It connects the value chain from mine to vault to wallet, but needs “standards, audits, operational integration and regulatory alignment” for real transparency, according to Hemecker.

For mining and finance, DGLD modernizes the Swiss gold standard.

“Our focus … is building the foundations … so (it’s) ready to scale responsibly,’ said Hemecker.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

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Graphene is often heralded as the “wonder material” of the 21st century, and investing in graphene companies offers investors exposure to a growing number of graphene applications across a diverse set of industries.

Technological advancements in the electronics industry has given rise to new applications for graphene given its high electrical and thermal conductivity. This includes flexible display screens, wearable devices, high-speed transistors, and advanced energy storage systems.

Demand for graphene coatings and composites is rising from the energy storage, aerospace and automotive industries, among others. Graphene coatings are used in batteries, conductors and generators to improve energy efficiency and performance, while lightweight graphene composites are being used in aircraft and automobiles.

For those interested in how to invest in graphene, here’s a look at several publicly traded graphene companies making moves in the market today. These top graphene stocks are listed in alphabetical order, and all data was accurate as of January 20, 2026.

1. Black Swan Graphene (TSXV:SWAN)

Market cap: C$64.71 million

Black Swan Graphene describes itself as an emerging powerhouse in the bulk graphene business targeting end uses such as concrete and polymers. Black Swan’s offerings include its GraphCore graphene nanoplatelets products and polymer-ready graphene-enhanced masterbatches (GEM).

UK-based global chemicals manufacturer Thomas Swan & Co. holds a 15 percent interest in Black Swan and brings a portfolio of patents and intellectual property related to graphene production. Through this partnership, which the pair expanded in August 2025, Black Swan is building out a fully integrated supply chain from mine to graphene products.

Black Swan is in the process of more than tripling its production capacity from 40 metric tons of high-quality graphene annually to 140 metric tons per year by installing further capacity at its Thomas Swan facility in the UK.

In 2024, the company formed a commercial partnership with advanced materials engineering company Graphene Composites that will see Black Swan’s graphene used in the fabrication of GC Shield, a patented ballistic protection technology. It also secured a distribution and sales agreement with UK-based manufacturer of plastic materials Broadway Colours to incorporate Black Swan’s graphene nanoplatelets in the manufacture of graphene enhanced masterbatches for plastic manufacturing.

Black Swan made further deals in 2025, including a strategic partnership with thermoplastic compounds and concentrates manufacturer Modern Dispersions (MDI). Under the preferred compounder agreement, Black Swan will provide graphene nanoplatelets to Modern Dispersions, which will manufacture Graphene Enhanced Masterbatch for graphene applications.

In July and August of last year, Black Swan grew its global distribution and sales network through agreements with METCO Resources and Ferro. Then, in September, Black Swan was granted a Canadian patent for its ‘apparatus and method for bulk production of atomically thin 2D materials, including graphene.’

2. CVD Equipment (NASDAQ:CVV)

Market cap: US$28.72 million

CVD Equipment produces chemical vapor deposition, gas control and other types of equipment and process solutions for developing and creating materials and coatings for a range of industrial applications. CVD’s processing can be used to produce graphene and nanomaterials such as carbon nanotubes and silicon nanowires.

The company is targeting demand for silicon carbide wafers used in electric vehicles and semiconductors, as well as high performance battery materials, aerospace engine components and semiconductors.

Its PVT200 system is a key tool designed to grow silicon carbide crystals for the manufacture of 200 millimeter wafers used in semiconductors. Its chemical vapor infiltration system can be used to produce advanced, energy efficient materials for use within gas turbine engines.

CVD Equipment has a range of industrial and academic partnerships. In October 2025, the company received an order from Stony Brook University for two PVT150 systems that will be used in the school’s new semiconductor research center.

The company’s revenue for the first three quarters of 2025 totaled US$20.8 million, up 7.1 percent over the prior-year period. Its best performance came in Q1, with the company reporting its revenues for the quarter were up by 69 percent year-over-year to reach US$8.3 million. As for Q3, its revenue of US$7.4 million was down 9.6 percent from the prior-year quarter, attributed to ‘lower MesoScribe revenues following the cessation of its operations in 2024.’

In the Q3 update, CVD announced a strategic shift as a response to fluctuations in order rates and decreased bookings for its CVD Equipment division. As part of the shift, the company will transition from a vertically integrated fabrication model for its equipment division to outsourcing fabrication of some components.

3. Directa Plus (LSE:DCTA)

Market cap: GBP 13.16 million

Leading graphene nanoplatelet producer Directa Plus makes products designed for commercial applications such as textiles and composites. The Italy-based firm has developed a patented graphene material named G+ Graphene Plus, which is both portable and scalable. Directa Plus casts a wide net, even using its graphene for golf balls with the aim of improving users’ control and swings using elasticity.

Directa Plus inked in December 2023 what it called a ‘landmark agreement’ to acquire a proprietary system for preparing graphene compounds for market-ready battery and polymer applications, opening up two more potential markets for Directa Plus products.

Its graphene products also include its proprietary Grafysorber nanoplatelets-based technology that can absorb 100 times its own weight to recover oil and hydrocarbons through treating water, sludge and emulsions. The company stated it is seeing market traction in environmental contracts through its subsidiary Setcar, which is an environmental services company, and its Grafysorber tech.

Setcar secured a 1.5 million euro contract in February 2025 with Midia International to provide tank cleaning and waste disposal services using Grafysorber for Midia’s offshore drilling campaign in the Black Sea. That same month, Setcar renewed a 1.1 million euro contract with Ford Otosan, a Romanian subsidiary of Ford Motor (NASDAQ:F), to deliver total waste management services. In April, Setcar reported another contract extension, this time with OMV Petrom worth 1.59 million euros for the use of Grafysorber technology to treat oil sludges, emulsions and contaminated water.

For its fiscal year 2025 ended December 31, Directa Plus reported revenues of 7 million euros, up 5.1 percent compared to 6.66 million euros in the year prior.

4. First Graphene (ASX:FGR,OTCQB:FGPHF)

Market cap: AU$66.92 million

First Graphene is an advanced materials company that has developed an environmentally sound method of converting ultra-high-grade graphite into the competitively priced, high-quality graphene in bulk quantities. First Graphene is part of a nine-member consortium working to develop and commercialize lightweight impermeable cryogenic all-composite tanks for the safe storage and transport of liquid hydrogen.

The firm is working with three Australian universities on developing graphene products and associated intellectual properties, including PureGRAPH, its graphene powder. First Graphene is vertically integrated, and applications for its products extend to fire retardancy, energy storage and concrete, among others.

First Graphene has secured funding for a collaborative research project aimed at commercializing its Kainos technology for the production of ‘high-quality, battery-grade synthetic graphite and pristine graphene from petroleum feedstock using a scalable hydrodynamic cavitation manufacturing process.’

First Graphene announced in early 2025 that its Kainos technology secured patents from the Australian and South Korean governments, and the company completed a AU$2.4 million private placement to help fund the acceleration of its global commercial pipeline.

In May 2025, the company secured an exclusive supply agreement with Indonesian industrial safety boots manufacturer Alasmas Berkat Utama. The contract will see First Graphene provide approximately 2.5 metric tons of PureGRAPH 10 masterbatch over the first two years to be used in safety footwear for workers in the Southeast Asia mining industry. The company’s fiscal year 2025 annual income was estimated at AU$1.2 million in its June 2025 quarterly report.

First Graphene initiated a 10 month project in partnership with Imperial College London and University College London in July 2025 aimed at incorporating graphene in the 3D printing of metal components for use in high-end applications in the aerospace and motor sports industries.

In October 2025, sustainable energy company Senergy launched a new solar technology and automotive product range that uses PureGRAPH for the UK market.

In its fiscal Q2 2026 ended December 31, First Graphene reported its best-ever quarter, with operating cash inflows jumping 423 percent quarter-over-quarter to AU$853,000 and customer cash receipts increasing 156 percent.

5. Graphene Manufacturing Group (TSXV:GMG,OTCQX:GMGMF)

Market cap: C$398.39 million

Graphene Manufacturing Group (GMG) is a clean-technology company bringing to market energy saving and energy storage solutions based on its proprietary graphene production process.

Its products include graphene enhanced energy-saving coatings for HVAC, electronic heat sinks, industrial process plants and data center applications, as well as a graphene lubricant additive for diesel and gasoline engines.

In May 2025, GMG’s board of directors approved an AU$900,000 expenditure for the early works of its planned Gen 2.0 Graphene Manufacturing Technology plant will be built at GMG’s existing manufacturing facility in Queensland, Australia. With an estimated total capital cost of AU$2.3 million, the Gen 2.0 plant is expected to be online by end of June 2026. It will initially operate at 1 metric ton per annum, work will commence shortly after to upgrade its capacity to an expected 10 metric tons per annum.

That same month, GMG launched a website for direct sales of its engine performance enhancing graphene liquid concentrate G Lubricant, and in July it commenced direct sales to end customers in Australia, the UK, Europe, China, Canada and the US.

GMG is also working to develop and commercialize graphene aluminum-ion batteries in collaboration with Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) and the University of Queensland with funding from the Australian government. In a December 2025 update, the company reported that the battery can be charged in under 6 minutes and performs similarly to lithium titanate oxide batteries, which are comparatively high-cost.

‘With the possibility of charging from empty to full in around six minutes, this chemistry fundamentally changes how designers can think about electric vehicles, consumer electronics, and stationary storage,’ GMG Director Bob Galyen stated. The company plans to test sample cells with partners this year.

6. Haydale (LSE:HAYD)

Market cap: GBP 35.76 million

Through its subsidiaries, Haydale designs, develops and commercializes advanced materials. The company is focused on commercializing its proprietary heating ink-based technology and integrating graphene and other nanomaterials into next-generation industrial applications. As of 2026, it has expanded into a vertically integrated decarbonization platform through a newly acquired B2B platform.

Haydale has a partnership with the University of Manchester’s Graphene Engineering Innovation Centre (GEIC), through which it is researching and developing graphene-based innovations such as conductive ink heating applications for the automotive and future homes sectors.

In March 2025, the company announced it had secured new commercial contracts for its new heating systems from Affordable Warmth Solutions to develop a further graphene heater ink product, and with the national gas grid, National Gas Transmission, for the use of its technology in upgrading the gas network. The following month, Haydale shared that its JustHeat graphene-based heating system had achieved CE marking certification, meaning that it meets European safety and environmental standards compliance.

The company’s JustHeat was named National Product of the Year at the 2025 National Energy Efficiency Awards, recognizing the technology as delivering measurable improvements in energy performance.

To start 2026, Haydale completed its acquisition of Intelligent Resource Management, trading as SaveMoneyCutCarbon, a UK consulting company whose sustainability hub helps companies transition to net-zero. SMCC provides a route to market and customer-base for JustHeat and its other technologies. Following the acquisition, the graphene company officially shortened its name from Haydale Graphene Industries to Haydale.

7. HydroGraph Clean Power (CSE:HG,OTCQB:HGRAF)

Market cap: C$1.2 billion

HydroGraph Clean Power produces cost-effective, high-purity graphene, hydrogen and other strategic nanomaterials. The company has an exclusive license from Kansas State University to produce graphene and hydrogen via the organization’s patented detonation process, which results in 99.8 percent pure carbon content graphene.

Last year, results from a research study conducted with Arizona State University demonstrated that HydroGraph’s Fractal Graphene is an ideal material for ultra-high-performance concrete and 3D-printed structures. In addition, the company announced a technical collaboration with an unnamed global leader to use graphene technology in high-performance fiber applications.

HydroGraph launched an advanced graphene dispersions product line which is designed to produce high-performance electrodes for use in energy storage solutions. The line was developed in collaboration with battery materials and testing services company NEI.

In July 2025, Hydrograph kicked off a Compounding Partner Program aimed at reaching commercial-scale production of its high-performance Fractal Graphene in thermoplastics. The first group of certified partners are in the automotive and packaging sectors.

Hydrograph’s graphene products also have applications in the medical sector. The company has a commercialization agreement that will see Ease Healthcare market the LEAP early detection lung cancer test that incorporates HydroGraph’s patented fractal graphene with Hawkeye Bio’s patented biosensor.

Late last year, Hydrograph received its first US patent for an invention developed in its laboratories, covering a novel actuator technology that uses electrically conductive porous carbon materials, including the company’s proprietary Fractal Graphene, to generate controlled mechanical force.

8. NanoXplore (TSXV:GRA,OTCQX:NNXPF)

Market cap: C$444.5 million

Established in 2011, NanoXplore is able to produce high volumes of graphene at affordable prices due to its unique and environmentally friendly production process. The company’s GrapheneBlack graphene powder can be used in plastic products to greatly increase their reusability and recyclability.

NanoXplore is also targeting lithium-ion batteries with its patented SiliconGraphene battery anode material solution, which employs GrapheneBlack as a coating agent around silicon to make a safer, more reliable cell. NanoXplore’s graphene products are also being used in internal combustion engine vehicles.

As part of its five year strategic plan, in 2024 NanoXplore increased the production capacity at its plant in Québec, Canada. The capacity expansion will enable the company to meet increased demand from an existing customer for its graphene-enhanced composite products. The customer assumed a significant portion of the expansion costs.

In September 2025, NanoXplore announced a multi-year agreement to supply Chevron Phillips Chemical with its Tribograf carbon powder, which is produced at its Québec facility. The material is a key ingredient in NanoSlide, a lubricant for oil and gas drilling that the two companies developed together.

In October, NanoXplore received a contribution of up to US$2.75 million from the Government of Canada under the Energy Innovation Program.

In its fiscal 2025 financials for the year ended June 30, 2025, XanoXplore reported total revenues of C$128.91 million for the year, down 1 percent from the previous year, with a slower H2. This continued into its Q1 fiscal 2026 financials, with the company reported revenues of C$23.44 million, down 30 percent from the same period in the previous year.

‘After a strong Q1 last year, the reduction in volume demand from our two largest customers that began this year accelerated during the summer and significantly impacted our Q1 performance,’ NanoXplore chief financial officer Pedo Azevedo said. However, the company expects its new deals, including the one with Chevron Phillips, to help offset this going forward.

9. Talga Group (ASX:TLG,OTCQX:TLGRF)

Market cap: AU$201.97 million

Talga Group is a vertically integrated battery anode and materials company, mining its own graphite and producing anodes. It has operations in Sweden, Japan, Australia, Germany and the UK. The company also produces graphene additives for use by materials manufacturers in applications such as concrete, coatings, plastics and energy storage.

Talga has the Talphite and Talphene lines of graphene products, which include conductive additives for battery cathode and anode products, solid-state anodes and graphite recycling.

In April 2025, the Swedish Agency for Economic and Regional Growth granted Talgas’ Luleå anode refinery in Sweden Net-Zero Strategic Project status under the EU Net-Zero Industry Act. Luleå will be supplied by graphite from its Vittangi graphite project in Sweden. Two months later, the company announced that the Swedish government gave the greenlight to its mining permit for the Nunasvaara South natural graphite mine in Northern Sweden.

As for its end products, in May Talga secured a binding offtake agreement with battery charging technology company Nyobolt for approximately 3,000 metric tons of Talga’s flagship battery anode product, Talnode-C, for an initial term of four years starting May 13, 2025. The anodes will be supplied from the Luleå anode refinery.

In mid-August, Talga launched a new proprietary graphite anode product, Talnode-R, made from recycled lithium-ion battery waste from two recycling streams: gigafactory production scrap and spent anodes from end-of-life batteries.

Talga closed out the year by submitting a detailed mining plan for its Nunasvaara South graphite mine to the Swedish government. It also completed a AU$14.5 million placement, and the proceeds will help fund engineering study for a staged 5,000 metric ton per year ramp up in production.

In late January 2026, the Swedish government adopted Talga’s mining plan for Nunasvaara South, marking a significant milestone for the company.

Private graphene companies

The graphene stocks listed above are by no means the only graphene-focused companies. Investors interested in graphene would also do well to learn more about the private companies focused on graphene technology, including ACS Material, Advanced Graphene Products, Graphene Platform, Graphenea and Universal Matter.

FAQs for graphene

What is graphene?

Graphene is a single layer of carbon atoms arranged in a hexagonal lattice. First produced in 2004, when professors at England’s University of Manchester used Scotch tape to peel flakes of graphene off of graphite, the material is 200 times stronger than steel and thinner than a single sheet of paper. Graphene has many possible applications in various fields, such as batteries, sensors, solar panels, electronics, medical equipment and sports gear.

What are some good properties of graphene?

Graphene’s outstanding properties include high thermal and electrical conductivity, high elasticity and flexibility, high hardness and resistance, transparency and the ability to generate electricity via exposure to sunlight.

What is the difference between graphene and graphite?

Graphene and graphite are both allotropes of carbon, meaning they are structurally different forms of the same element. A key difference between them is that graphene is a single layer of graphite.

Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

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