Kobo Resources Inc. (‘ Kobo ‘ or the ‘ Company ‘) ( TSX.V: KRI ) intends to complete a non-brokered private placement of 958,306 common shares (the ‘ Common Shares ‘) at a price of $0.30 per Common Share for gross proceeds of $287,491.80 (the ‘ Offering ‘). The Common Shares will be issued pursuant to exemptions from the prospectus requirements in accordance with National Instrument 45-106 Prospectus Exemptions and will be subject to a 4-month statutory hold period in accordance with applicable Canadian securities laws.

The Company intends to use the net proceeds of the Offering for general corporate and working capital purposes.

Closing of the Offering is expected to occur on or about February 3, 2026 (the ‘ Closing ‘), and is subject to certain closing conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange.

The Common Shares have not been registered under the United States Securities Act of 1933, as amended (the ‘ U.S. Securities Act ‘), or any U.S. state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the ‘United States’ or ‘U.S. persons’ (as such terms are defined in Regulation S under the U.S. Securities Act) absent registration under the U.S. Securities Act and all applicable U.S. state securities laws or compliance with an exemption from such registration requirements. This press release is not an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction.

About Kobo Resources Inc.

Kobo Resources is a growth-focused gold exploration company with a compelling gold discovery in Côte d’Ivoire, one of West Africa’s most prolific gold districts, hosting several multi-million-ounce gold mines. The Company’s 100%-owned Kossou Gold Project is located approximately 20 km northwest of the capital city of Yamoussoukro and is directly adjacent to one of the region’s largest gold mines with established processing facilities.

With over 29,000 metres of diamond drilling, nearly 5,887 metres of reverse circulation (RC) drilling, and 7,100+ metres of trenching completed since 2023, Kobo has made significant progress in defining the scale and prospectivity of its Kossou’s Gold Project. Exploration has focused on multiple high-priority targets within a 9+ km strike length of highly prospective gold-in-soil geochemical anomalies, with drilling confirming extensive mineralisation at the Jagger, Road Cut, and Kadie Zones. The latest phase of drilling has further refined structural controls on gold mineralisation, setting the stage for the next phase of systematic exploration and resource development.

Beyond Kossou, the Company is advancing exploration at its Kotobi Permit and is actively expanding its land position in Côte d’Ivoire with prospective ground, aligning with its strategic vision for long-term growth in-country. Kobo remains committed to identifying and developing new opportunities to enhance its exploration portfolio within highly prospective gold regions of West Africa. Kobo offers investors the exciting combination of high-quality gold prospects led by an experienced leadership team with in-country experience. Kobo’s common shares trade on the TSX Venture Exchange under the symbol ‘KRI’. For more information, please visit www.koboresources.com .

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.

Cautionary Statement on Forward-looking Information:

This news release may contain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking statements’) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as ‘expects’, or ‘does not expect’, ‘is expected’, ‘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 statements, including statements related to the Offering or to the exploration program of the Company. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable as at the date of this news release, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; the inherent risks involved win the exploration and development of mineral properties; unanticipated costs and expenses; the delay or failure to receive board, shareholder or regulatory approvals; and other risk factors listed from time to time in our documents filed with Canadian securities regulators on SEDAR+ at www.sedarplus.ca . 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. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, Kobo assumes no obligation and/or liability to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260127728466/en/

For further information, please contact:

Edward Gosselin
Chief Executive Officer and Director
1-418-609-3587
ir@kobores.com

Twitter: @KoboResources | LinkedIn: Kobo Resources Inc.

Newly granted patent represents a foundational innovation, engineered to deliver high-yield, low-cost, and ultra-pure synthetic fuels, including eSAF

Syntholene Energy Corp. (TSXV: ESAF) (FSE: 3DD0) (‘Syntholene’ or the ‘Company’) announces the issuance of its first U.S. Patent granted by the United States Patent and Trademark Office (the ‘USPTO’) for the Company’s proprietary system for producing high-performance, low-cost, and carbon-neutral synthetic fuels.

This patent, No. US 12,441,674 B2, protects critical intellectual property underlying the Company’s novel Compact Cascade Oligomerizer, engineered for high efficiency fuel synthesis performance using the Methanol-to-Jet process. The design is a unitary vessel with multiple chambers incorporated into a single column, as opposed to current proposed systems that use multiple separate and single purpose reactors to produce saturated linear hydrocarbon chains via methanol synthesis, oligomerisation and hydrogenation in sequence.

The newly granted patent, titled ‘SYSTEM AND METHOD FOR GENERATING SYNTHETIC FUEL,’ secures Syntholene’s rights to a fuel generator and a method for generating fuel in which a Monolithic Block includes a plurality of plates stacked and bonded together. This represents a foundational innovation for delivering high-yield, low-cost, and ultra-pure synthetic fuels, including sustainable aviation fuel (eSAF).

‘This patent represents a major milestone for Syntholene as we continue to de-risk and protect our next-generation platform for industrial-scale synthetic fuel production,’ said Dan Sutton, CEO of Syntholene. ‘It reinforces our leadership in proprietary, high-efficiency process design, and strengthens our commercial moat as we continue to refine our process components and enhance the efficiency of our integrated supply chain.’

‘We are proud that the USPTO has recognized this novel approach to high level integration of discrete systems into an efficient unitary solution.’ Said Syntholene Chief Engineer John Kutsch. ‘This patent represents Syntholene’s unique process intensification approach to high-efficiency systems integration.’

This intellectual property covers core reactor architecture and process integration within the Company’s integrated fuel synthesis systems. It describes a key technology designed to maximize fuel yield and product purity from syngas inputs while minimizing unwanted byproducts typical in legacy fuel synthesis reactor systems, and employs the physical proximity of exothermic and endothermic reactions within the same unit to maximize heat integration and utilization.

Syntholene continues to pursue patent protection across North America, Europe, and Asia to secure its differentiated IP position ahead of commercial-scale deployments.

About Syntholene

Syntholene is actively commercializing a new production pathway for low-cost clean fuel synthesis. The target output is ultrapure synthetic jet fuel, manufactured at 70% lower cost than the nearest competing technology. 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.

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.

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

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 patented technology and its intended benefits, the protections afforded by the patent, jurisdictions of patent protection, the commercial benefits of the Company’s intellectual property and patent, the Company’s business plans, commercial scalability, technical and economic viability, anticipated geothermal power availability, 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. 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/281718

Unified Credit System Built by Nextech3D.ai Empowers Enterprise Clients to Spend Seamlessly Across Eventdex, Map D, and Krafty Labs

TORONTO, ON / ACCESS Newswire / January 27, 2026 / Nextech3D.ai (OTCQB:NEXCF)(CSE:NTAR,OTC:NEXCF)(FSE:1SS), the AI-first technology leader in AI event solutions and 3D modeling, today announced the launch of Nextech Credit. This universal enterprise credit system is a proprietary Nextech3D.ai innovation designed to power its entire ecosystem, including the Krafty Labs platform.

Nextech Credit serves as a single, dollar-denominated currency (1:1 with the USD) that allows enterprise companies to centralize their procurement. Once purchased, these credits can be spent interchangeably across all Nextech3D.ai business units, including Eventdex (registration/ticketing), Map D (spatial navigation), and Krafty Labs (virtual and in-person engagement).

The Nextech Credit Incentive Ladder: Driving Enterprise Scale

To incentivize long-term commitment and multi-platform adoption, Nextech3D.ai has launched the Credit Incentive Ladder. This tiered reward structure provides bonus credits and premium services to enterprise partners who consolidate their engagement spend within the Nextech ecosystem.

‘Nextech Credit is the engine that will drive our 2026 expansion,’ said Evan Gappelberg, CEO of Nextech3D.ai. ‘By creating a Nextech-branded credit system that powers Krafty Labs and our other platforms, we are making it easier for global brands to buy from us. One PO now unlocks our entire AI-powered suite.’

A Unified Ecosystem: Krafty Credit Powered by Nextech

With the launch of this system, Krafty Labs is now fully integrated into the Nextech3D.ai financial infrastructure. This ‘Powered by Nextech’ approach ensures that engagement programs-from virtual team building to global in-person expansions-are all fueled by the same Nextech Credit currency.

Key Ecosystem Benefits:

• Internal Portability: Credits can be transferred between HR, Marketing, and Operations departments within a single organization.

• Centralized Efficiency: Single procurement approval for multiple engagement use cases with a 12-month usage window.

• Dollar-Denominated: 1 Nextech Credit = $1 USD.

Nextech3D.ai believes this enterprise credit model encourages customers to consolidate event and engagement spend within a single AI-powered platform, increasing long-term customer value.

Competitive Advantage in Enterprise AI Event Solutions

Nextech3D.ai believes the Nextech Credit system provides a meaningful competitive advantage in the enterprise AI event and engagement market:

• Increased Share of Wallet: Prepaid credits incentivize customers to deploy more engagement programs across the platform.

• Higher Platform Stickiness: Annual credit balances encourage ongoing usage rather than one-time events.

• Improved Revenue Visibility: Prepaid enterprise credits provide clearer forecasting and customer commitment.

• Enterprise-Friendly Adoption: Familiar credit-based purchasing models reduce procurement friction while enabling future innovation.

By combining AI event software and enterprise credits, Nextech aims to position Krafty Labs as a long-term engagement operating layer rather than a transactional service provider.

Management Commentary

Evan Gappelberg, CEO of Nextech3D.ai, commented:

‘Nextech Credit is designed to help enterprise customers engage with our AI event platform more easily and at greater scale. By allowing organizations to pre-fund engagement and allocate credits across teams, we simplify procurement while increasing platform adoption.’

Nextech3D.ai has also renewed its share purchase warrant program, issuing 6,163,187 share purchase warrants (the ‘Warrants’) to service providers as part of their employment and consulting agreements. Each Warrant grants the right to acquire one common share at an exercise price of CAD$0.14 for a one-year period. The Warrants will be exercised in equal monthly tranches, with recipients able to either receive shares or participate in a managed sale program for cash proceeds. This move demonstrates the company’s commitment to rewarding and retaining its talented workforce, while also aligning their interests with the company’s long-term success

About Nextech3D.ai

Nextech3D.ai (OTCQB:NEXCF)(CSE:NTAR,OTC:NEXCF)(FSE:1SS) is an AI-powered technology company specializing in AI event solutions, enterprise engagement platforms, 3D modeling, and spatial computing. Through its Eventdex, Map D, and Krafty Labs platforms, the Company provides registration, ticketing, interactive floor plans, engagement tools, and analytics for virtual, hybrid, and in-person events serving Fortune 500 enterprise customers worldwide.

Website: Nextech3D.ai

Investor Relations: investors@nextechar.com

Evan Gappelberg / CEO and Director866-ARITIZE (274-8493)

Forward-Looking Statements

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Certain information contained herein may constitute ‘forward-looking information’ under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, ‘will be’ or variations of such words and phrases or statements that certain actions, events or results ‘will’ occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Nextech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities law.

SOURCE: Nextech3D.ai Corp

View the original press release on ACCESS Newswire

Highlights from this release include:

• Drilling has significantly expanded the known mineralized footprint of magmatic sulphide mineralization associated with the basal portions of the Saturday Night intrusion.
• The newly identified PGE-Ni-Cu mineralized envelope, measuring approximately 800m by 200m, remains open in all directions.
• SN-25-03-X (extension) intersected 14.44m of 0.61 g/t 3E PGE (3E PGE = Pt + Pd + Au) & 0.13% Cu, including 4.64m of 1.24 g/t 3E PGE & 0.21% Cu, and including 0.60m of 2.45 g/t 3E PGE & 0.30% Cu.
• SN-25-04 intersected 10.33m of 0.38 g/t 3E PGE & 0.17% Cu, including 6.39m of 0.45 g/t 3E PGE & 0.18% Cu, and including 0.62m of 0.99 g/t 3E PGE & 0.34% Cu.
• SN-25-05 intersected 10.75m of 0.76 g/t 3E PGE & 0.18% Cu, including 5.05m of 1.40 g/t 3E PGE & 0.31% Cu, and including 1.03m of 1.98 g/t 3E PGE & 0.29% Cu.

Transition Metals Corp. (TSXV: XTM,OTC:TNTMF) (‘Transition’, ‘the Company’), is pleased to disclose assay results from drilling completed in December 2025 at its 100%-owned Saturday Night PGE Project, located approximately 30 kilometres north of Thunder Bay, Ontario (see news release dated November 10, 2025). The program saw the extension of hole SN-25-03-X beyond the basal contact, plus the addition of two new holes (SN-25-04 and SN-25-05), totaling a combined 1,463 metres. All holes intersected broad intervals of PGE-Ni-Cu mineralization occurring along the basal contact of the Saturday Night layered intrusion.

Commenting on the results, CEO Scott McLean stated, ‘We are very encouraged by the thick sequences of differentiated Mid-Continental Rift (MCR) intrusion we have drilled at Saturday Night, with the growing footprint of the mineralizing system we are defining. We see similarities to the proximal phases to the higher-grade sequences we previously encountered at our nearby Sunday Lake discovery, where historic drilling in 2019 returned values including 41.20m of 5.51 g/t 3E PGE and 0.57% Cu, including a higher-grade interval of 8.30m of 13.06 g/t 3E PGE and 1.23% Cu in hole SL-19-26. These results reinforce our interpretation that Saturday Night represents a large, fertile magmatic system and further supports its potential to host higher-grade mineralization similar to that identified at Sunday Lake.’

Discussion of Drill Results

Drilling to date has significantly expanded the known footprint of mineralization associated with a large, layered MCR intrusive, hosting PGE-Cu-Ni mineralization along basal contacts. Select highlight assay intervals from recent drilling are contained in Table 1, with Table 2 containing drill collar information. A Property location map in Figures 1 and a North-South drill hole section depicted in Figure 2.

Drill hole SN-25-03 was designed in an earlier exploration program in 2025 as a larger down-dip step-out, however was terminated at a depth of 830-metres, before being able to reach the ultramafic series and basal contact, where mineralization was anticipated (see news release dated March 26, 2025). This hole, after extension to a depth of 942 metres (drill hole extension; SN-25-03-X), and intersected a broad PGE mineralized sequence occurring along the basal contact.

Table 1: Highlight results from hole SN-25-03-X, SN-25-04, and SN-25-05.

*Note: 3E PGE = (Pt + Pd + Au), Copper equivalent (CuEq) values are based on assumed SPOT metal prices as of Jan 19th, 2026, using US$5.9088/lb Cu, US$8.2282/lb Ni, US$4,678.29/oz Au, US$2,380.50/oz Pt and US$1,886.50/oz Pd. No current or historical metallurgical work, nor economic analysis, has been completed, and therefore recoveries are assumed to be 100%, with 100% payable metals. The use of CuEq values are conceptual in nature, and are intended for exploration comparison purposes only, and do not represent an economic analysis. Lengths reported represent core length, insufficient work has been completed to determine true widths.

The two additional in-fill drill holes, SN-25-04 and SN-25-05, were designed to test mineralization continuity along the basal contact between SN-25-03-X and the existing up-dip holes SN-16-01 and SN-25-02. Geological units encountered correlate well, and mineralization along the basal contact is consistent and interpreted to be continuous between holes.

In total, the Company has now completed five drill holes (inclusive of the extension hole describe above) for a total of 3,481 metres at Saturday Night. All holes have intersected a thick, layered intrusion containing extensive intervals of magmatic sulphides enriched in platinum, palladium, gold, copper, and nickel, with mineralization intensifying toward the basal contact. Combined, this new drilling expands the known mineralized footprint, now measuring approximately 800 metres by 200 metres and remains open in all directions.

Figure 1: Saturday Night PGE Property location map on regional total field magnetics. The Sars depict known magnetic features associated with MCR mineralized intrusions.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2766/281788_25ad87f804434aae_001full.jpg

Table 2: Drill hole collar information.

 
*Notes: Coordinates are in UTM NAD83, Zone 16N, in metres. Drill hole SN-25-03-X is an extension of hole SN-25-03, which previously terminated at a death of 830m. Dip is reported as negative below horizontal. Lengths reported are in metres, and represent core length, insufficient work has been completed to determine true widths.

Figure 2: Saturday Night Project North-South cross-section, looking west, including interpreted geology and mineralization intersected with a 200m influence.

*Note: 3E PGE = (Pt + Pd + Au), Coordinates are in UTM NAD83, Zone 16N, in metres. Lengths reported are in metres, and represent core length, insufficient work has been completed to determine true widths.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2766/281788_25ad87f804434aae_002full.jpg

Next Steps

The Company is actively expanding its understanding of the Saturday Night PGE-rich intrusion and is undertaking various studies and 3D modeling activities, including physical rock-property analysis, to better constrain geophysical inversion models. In the coming months, the Company is planning additional geophysical surveys and 3D modeling to enhance drill targeting.

About the Saturday Night Project

The Saturday Night Project, wholly owned by Transition Metals, comprises 63 staked mining claims situated in Fowler Township, located approximately 30 kilometres northwest of Thunder Bay, Ontario, within the Robinson Superior Treaty area. The project has year-round road access to a main highway and is close to infrastructure. The exploration work to date has confirmed that a magnetic anomaly found on the Property is linked to an underlying mafic-ultramafic intrusion (SNI), which is interpreted to have originated during the Proterozoic era and is associated with the renowned Midcontinental Rift (MCR).

The MCR is a geological feature that extends over 2,000 kilometres across the heart of North America. It formed around 1.1 billion years ago as the North American craton began to rift. Notably, the early stages of this rift (referred to as ‘early-rift’) are associated with the presence of mafic to ultramafic intrusive rocks that contain significant quantities of platinum group elements (PGEs). Nearby MCR related deposits include the Thunder Bay North and Sunday Lake deposit. The Sunday Lake deposit was discovered by Transition in partnership with Impala Platinum in 2013. Other rift related Ni-Cu and PGE-bearing systems include the Eagle deposit located in Michigan, and the Tamarack and Duluth deposits located in Minnesota. The Saturday Night Project is currently in the early exploration phase, with ongoing assessments aimed at determining the potential of the Property to host PGE mineralization of interest. The Property is subject to an underlying 1.0% Net Smelter Return royalty (see company press releases dated September 8, 2020).

2026 AME Roundup Conference

Company personnel, including CEO Scott McLean, COO Greg Collins, and Corporate Development Manager Bill Stormont will be exhibiting in person at the AME Roundup 2026 in Vancouver on Wednesday, January 28^th and Thursday, January 29^th in AME’s Project Generators’ Hub. Inquiries to arrange meetings can be directed to Bill Stormont by e-mail (bstormont@transitionmetalscorp.com), or by telephone (+1 (778) 868-9571).

Qualified Person

The technical elements of this news release have been approved by Mr. Benjamin Williams, P.Geo. (PGO), Exploration Manager of Transition Metals Corp., and a Qualified Person under National Instrument 43-101.

About Transition Metals Corp.

Transition Metals Corp. (TSXV: XTM,OTC:TNTMF) is a Canadian-based, multi-commodity explorer. Its award-winning team of geoscientists has extensive exploration experience which actively develops and tests new ideas for discovering mineralization in places that others have not looked, often allowing the company to acquire properties inexpensively. Joint venture partners earn an interest in the projects by funding a portion of higher-risk drilling and exploration, allowing Transition to conserve capital and minimize shareholder’s equity dilution.

Cautionary Note on Forward-Looking Information

Except for statements of historical fact contained herein, the information in this news release constitutes ‘forward-looking information’ within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as ‘plans’, ‘proposes’, ‘estimates’, ‘intends’, ‘expects’, ‘believes’, ‘may’, ‘will’ and include without limitation, statements regarding estimated capital and operating costs, expected production timeline, benefits of updated development plans, foreign exchange assumptions and regulatory approvals. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/281788

TORONTO, ON / ACCESS Newswire / January 27, 2026 / Lahontan Gold Corp. (TSXV:LG,OTC:LGCXF)(OTCQB:LGCXF)(FSE:Y2F) (the ‘Company‘ or ‘Lahontan‘) is pleased to announce new assay results from our 2025 Phase Two drilling program at the Company’s flagship Santa Fe Mine Project located in Nevada’s prolific Walker Lane. Lahontan has received analytical results for two additional reverse-circulation rotary (‘RC’) drill holes in the south Slab pit area totaling 396 metres (please see table below). Significant results include:

• CAL25-011R: 68.6 metres (45.7 – 114.3m) grading 0.45 g/t Au Eq including 16.8 metres (65.5 – 82.3m) grading 0.81 g/t Au Eq: A shallow, thick, intercept of oxide gold mineralization below the current mineral resource pit shell*, expanding the footprint of oxide gold mineralization, especially when coupled with the results from CAL25-012R (please see plan map of drilling and cross section below).

  • When the entire drill hole is composited without regard to cutoff grade, it averages 0.23 g/t Au Eq over 213.4 metres (0.21 g/t Au, 1.4 g/t Ag).

• CAL25-012R: 41.2 metres (32.0 – 73.2m) grading 0.32 g/t Au Eq correlating with the structurally controlled gold mineralization seen in hole CAL25-011R (above) and extending shallow oxide gold mineralization to the southwest and below of the Mineral Resource Estimate (‘MRE’) pit shell*.

Notes: Au Eq equals Au (g/t) + ((Ag g/t/60)*0.70). Silver grade for calculating Au Eq is adjusted to consider historic metallurgical recovery as described in the Santa Fe Project Technical Report*. True thickness of the intercepts is estimated to be 80-100% of the drilled interval. Numbers may not total precisely due to rounding.

Kimberly Ann, Lahontan Executive Chair, President, CEO, and Founder commented: ‘The assay results from the final two 2025 RC drill holes at Slab continue to extend gold mineralization to the south, west, and at depth from the current MRE pit shell*, enhancing the potential mining economics of the Slab gold and silver resource. Lahontan will integrate these new drill holes into an updated MRE for Slab as well as the entire Santa Fe project. The MRE is expected to be completed in the coming months. With a new MRE, combined with updated metallurgy and escalating metal prices, the Company will also complete an updated Preliminary Economic Assessment (‘PEA’) as well. More 2025 drill results will be forthcoming as the analytical lab catches up on a busy 2025 exploration season.’

CAL25-011R and -012R are particularly important as they establish large volumes of gold and silver mineralization below and adjacent to the conceptual pit shell used in the current MRE. When modeled using updated metal prices and this additional drilling, these drill holes have the potential to significantly expand the Slab area MRE and contribute to a positive update to the current PEA. Of equal importance, these new pit shells will be used in our Nevada State and Federal mine permit applications, to be submitted later this year.

Cross section through RC drill hole CAL25-011R, Slab gold deposit, Santa Fe Mine project, NV. The current conceptual MRE pit shell is shown in black, an example of a potential new pit outline is shown in red. Deeper gold mineralization in CAL25-011R associated with the Calvada Fault zone is unconstrained by drilling.

These two RC drill holes also confirm the strong structural control of gold mineralization in this portion of the Slab deposit and emphasize the importance of the east-west striking Calvada fault as a major control of gold mineralization on a district scale. The extensive gold mineralization seen in CAL25-011R demonstrates the strength of the hydrothermal system with large volumes of disseminated gold mineralization adjacent to the controlling fault structures. With the Company’s recently approved Exploration Plan of Operations (‘EPOO’), Lahontan can now explore the Calvada Fault between the Slab deposit and the main Santa Fe deposit, an area that has seen virtually no exploration drilling over the last 35 years.

In the plan view map of the south Slab pit area below, the key intercepts in drill holes CAL25-011R and -012R can be seen to extend into areas west of the current MRE conceptual pit shell. Previously reported RC drill hole CAL25-010R, a vertical hole, also intercepted significant gold mineralization (please see Lahontan Gold press release dated January 13, 2026). Similar to the cross section above, the plan map highlights the potential to increase gold and silver resources in the Slab pit area of the Santa Fe Mine project.

Drill location map and plan view of the south Slab pit area, Santa Fe Mine project, NV. The current Slab pit outline is shown in black, the conceptual MRE pit shell is shown in dashed orange, and an example of a potential new pit outline is shown in red.

QA/QC Protocols

Lahontan conducts an industry standard QA/QC program for its core and RC drilling programs. The QA/QC program consisted of the insertion of coarse blanks and Certified Reference Materials (CRM) into the sample stream at random intervals. The targeted rate of insertion was one QA/QC sample for every 16 to 20 samples. Coarse blanks were inserted at a rate of one coarse blank for every 65 samples or approximately 1.5% of the total samples. CRM’s were inserted at a rate of one CRM for every 20 samples or approximately 5% of the total samples.

The standards utilized include three gold CRM’s and one blank CRM that were purchased from MEG, LLC of Lamoille, Nevada (formerly Shea Clark Smith Laboratories of Reno, Nevada). Expected gold values are 0.188 g/t, 1.107 g/t, 10.188 g/t, and -0.005 g/t, respectively. CRM’s with similar grades are inserted as the initial CRM’s run out. The coarse blank material comprised of commercially available landscape gravel with an expected gold value of -0.005 g/t.

As part of the RC drilling QA/QC process, duplicate samples were collected of every 20^th sample interval at the drill rig to evaluate sampling methodology. Samples were collected from the reject splitter on the drill rig cyclone splitter. Samples were collected at each 95- to 100-foot (28.96 – 30.48m) mark and labeled with a ‘D’ suffix on the sample bag. No duplicates were submitted for core.

All drill samples were sent to American Assay Laboratories (AAL) in Sparks, Nevada, USA for analyses. Delivery to the lab was either by a Lahontan Gold employee or by an AAL driver. Analyses for all RC and core samples consisted of Au analysis using 30-gram fire assay with ICP finish, along with a 36-element geochemistry analysis performed on each sample utilizing two acid digestion ICP-AES method. Tellurium or 50-element analyses were performed on select drill holes utilizing ICP-MS method. Cyanide leach analyses, using a tumble time of 2 hours and analyzed with ICP-AES method, were performed on select drill holes for Au and Ag recovery. AAL inserts their own blanks, standards and conducts duplicate analyses to ensure proper sample preparation and equipment calibration. We have all results reported in grams per tonne (g/t).

About Lahontan Gold Corp.

Lahontan Gold Corp. is a Canadian mine development and mineral exploration company that holds, through its US subsidiaries, four gold and silver exploration properties in the Walker Lane of mining friendly Nevada. Lahontan’s flagship property, the 28.3 km² Santa Fe Mine project, had past production of 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995 from open pit mines utilizing heap-leach processing. The Santa Fe Mine has a Canadian National Instrument 43-101 compliant Indicated Mineral Resource of 1,539,000 oz Au Eq(48,393,000 tonnes grading 0.92 g/t Au and 7.18 g/t Ag, together grading 0.99 g/t Au Eq) and an Inferred Mineral Resource of 411,000 oz Au Eq (16,760,000 grading 0.74 g/t Au and 3.25 g/t Ag, together grading 0.76 g/t Au Eq), all pit constrained (Au Eq is inclusive of recovery, please see Santa Fe Project Technical Report and note below*). The Company plans to continue advancing the Santa Fe Mine project towards production, update the Santa Fe Preliminary Economic Assessment, and drill test its satellite West Santa Fe project during 2025. For more information, please visit our website: www.lahontangoldcorp.com

* Please see the ‘Preliminary Economic Assessment, NI 43-101 Technical Report, Santa Fe Project’, Authors: Kenji Umeno, P. Eng., Thomas Dyer, PE, Kyle Murphy, PE, Trevor Rabb, P. Geo, Darcy Baker, PhD, P. Geo., and John M. Young, SME-RM; Effective Date: December 10, 2024, Report Date: January 24, 2025. The Technical Report is available on the Company’s website and SEDAR+. Mineral resources are reported using a cut-off grade of 0.15 g/t AuEq for oxide resources and 0.60 g/t AuEq for non-oxide resources. AuEq for the purpose of cut-off grade and reporting the Mineral Resources is based on the following assumptions gold price of US$1,950/oz gold, silver price of US$23.50/oz silver, and oxide gold recoveries ranging from 28% to 79%, oxide silver recoveries ranging from 8% to 30%, and non-oxide gold and silver recoveries of 71%.

Qualified Person

Brian J. Maher, M.Sc., CPG-12342, is a ‘Qualified Person’ as defined under Canadian National Instrument 43-101, Standards of Disclosure for Mineral Projects, and has reviewed and approved the content of this news release in respect of all technical disclosure other than the Mineral Resource Estimate as noted above.‎ Mr. Maher is Vice President-Exploration for Lahontan Gold and has verified the data disclosed in this news release, including the sampling, ‎‎analytical and test data underlying the disclosure.

On behalf of the Board of Directors

Kimberly Ann
Founder, CEO, President, and Director

FOR FURTHER INFORMATION, PLEASE CONTACT:

Lahontan Gold Corp.
Kimberly Ann
Founder, Chief Executive Officer, President, Director
Phone: 1-530-414-4400
Email: Kimberly.ann@lahontangoldcorp.com
Website: www.lahontangoldcorp.com

Cautionary Note Regarding Forward-Looking Statements:

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Except for statements of historical fact, this news release contains certain ‘forward-looking information’ within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’ and other similar words, or statements that certain events or conditions ‘may’ or ‘will’ occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the TSXV. There are uncertainties inherent in forward-looking information, including factors beyond the Company’s control. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company’s filings with Canadian securities regulators, which filings are available at www.sedar.com

SOURCE: Lahontan Gold Corp

View the original press release on ACCESS Newswire

VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / January 27, 2026 / Prince Silver Corp. (CSE:PRNC,OTC:PRNCF)(OTCQB:PRNCF)(T130:Frankfurt) (‘Prince Silver’or the ‘Company’) is pleased to announce a non-brokered private placement of up to 4,687,500 units of the Company (‘Units‘) at a price of $0.70 per Unit for aggregate gross proceeds of up to $3,000,000 (the ‘Private Placement‘). Each Unit will consist of one common share (a ‘Common Share‘) and one-half common share purchase warrant, with each full warrant (a ‘Warrant‘) being exercisable to purchase one Common Share at a price of $1.00 for 24 months from the date of issuance ; provided that if the closing price of the Company’s Common Shares for a period of 10 consecutive trading days is $1.40 or higher, the Company will have the right to accelerate the expiry date of the Warrants upon notice given by press release and the Warrants will thereafter expire on the 30th calendar day after the date of such press release.

The Company intends to pay finders’ fees in an amount equal to 7% to eligible finders, in accordance with applicable securities laws and the policies of the Canadian Stock Exchange (‘CSE‘). The Private Placement is subject to approval of the CSE, and all securities issued under the Private Placement will be subject to statutory hold periods expiring four months and one day from the date of closing of the Private Placement pursuant to applicable securities laws and CSE policy.

The Company intends to use the net proceeds of the Offering to advance exploration and development activities at its Prince Silver Project in Nevada, as well as for working capital and general corporate purposes. Closing of the Offering is subject to customary conditions, including approval of the Canadian Securities Exchange.

About Prince Silver Corp.

Prince Silver Corp. is a silver exploration company advancing its past-producing Prince Silver-Zinc-Manganese-Lead Mine in Nevada, USA. Featuring near-surface mineralization that was historically drill tested by over 129 holes and is open in all directions, the Prince Project offers a clear path toward a maiden 43-101 compliant resource estimate. The Company also holds an interest in the Stampede Gap Project, a district-scale copper-gold-molybdenum porphyry system located 15 km north-northwest of the Prince Silver Project, highlighting Prince Silver’s focus on high-potential, strategically located exploration assets.

On Behalf of the Board of Directors

Derek Iwanaka, CEO & Director
Tel: 604-928-2797
Email: info@princesilvercorp.com
Website: www.princesilvercorp.com

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. Some of the specific forward-looking information in this news release includes, but is not limited to, statements with respect to: ongoing and proposed drill programs, amendments to the Company’s website, property option payments and regulatory and corporate approvals. 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, dependence on key personnel, completion of satisfactory due diligence in respect of the Acquisition and related transactions, and compliance with property option agreements. 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, failure to obtain regulatory or corporate approvals, exploration results, 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.

This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States. The securities have not been and will not be 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 within the United States or to U.S. Persons (as defined under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

SOURCE: Prince Silver Corp.

View the original press release on ACCESS Newswire

New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) (‘New Found Gold’ or the ‘Company’) is pleased to announce key advancements at its 100%-owned Queensway Gold Project (‘Queensway’ or the ‘Project’) in Newfoundland and Labrador, Canada, which includes entering into a Phase I engineering, procurement and construction management services (‘EPCM’) contract.

Highlights of Key Project Advancements:

• Offsite Mill Selection: The Company owns the fully permitted Pine Cove Mill (‘Pine Cove‘) and Nugget Pond Hydrometallurgical Gold Plant, both located in central Newfoundland. EPCM work will include upgrading and expanding Pine Cove for Queensway Phase 1 to benefit from the synergies of processing both Hammerdown and Queensway Phase 1 feed from a single facility.

• Environmental Assessment: The Company has substantially completed its environmental baseline work at Queensway and plans to submit an Environmental Registration (‘ER‘) to the Newfoundland and Labrador (‘NL‘) Department of Environment, Conservation and Climate Change in late Q1/26. The ER serves to initiate the environmental assessment (‘EA‘) process for the Project, as per the NL Environmental Protection Act. Updates on the status of the EA process will be provided when available.

• Project Finance: As previously announced, the Company has engaged Cutfield Freeman & Co. Ltd., an independent global mining finance advisory firm, to act as its project finance advisor with the objective of selecting the optimal financing package for the initial capital expenditure required to fund Queensway Phase 1 production².

• Technical Report: the Company plans to file an updated Technical Report, which will include an updated mineral resource estimate, in mid-2026.

• Timeline: The Queensway Phase 1 project finance process is ongoing and EPCM work is underway with the objective of achieving first gold pour from Queensway Phase I in H2/27, pending receipt of all required permits.

Keith Boyle, CEO of New Found Gold stated ‘Commencing EPCM work is a key milestone in advancing Queensway. We believe our rapid timeline from initial mineral resource in early 2025 to a planned first gold pour in late 2027 is supported by a unique combination of factors, namely: significant drilling and technical work completed on a deposit with an at-surface, high-grade core; ownership of the recently acquired Pine Cove operation, equipped with a fully permitted milling and tailings facilities; and being located in a mining-positive region. Newfoundland and Labrador is a jurisdiction ranked in the top 10 globally in the Fraser Institute’s 2024 Annual Survey of Mining Companies and offers excellent access, infrastructure and a skilled labour force. Having executed on a number of key steps in 2025 and building a strong technical and operating team over the past year has put the Company in an excellent position to accelerate the development of Queensway in a strong gold price environment.’

Qualified Person

The scientific and technical information disclosed in this press release was reviewed and approved by Keith Boyle, P.Eng., CEO, and a Qualified Person as defined under National Instrument 43-101. Mr. Boyle consents to the publication of this press release by New Found Gold. Mr. Boyle certifies that this press release fairly and accurately represents the scientific and technical information that forms the basis for this press release.

About New Found Gold Corp.

New Found Gold is an emerging Canadian gold producer with assets in Newfoundland and Labrador, Canada. The Company holds a 100% interest in Queensway and owns the Hammerdown Operation, Pine Cove Operation and Nugget Pond Hydrometallurgical Gold Plant. The Company is currently focused on advancing Queensway to production and bringing the Hammerdown Operation into steady-state gold production.

In July 2025, the Company completed a PEA at Queensway (see New Found Gold news release dated July 21, 2025). Recent drilling continues to yield new discoveries along strike and down dip of known gold zones, pointing to the district-scale potential that covers a +110 km strike extent along two prospective fault zones at Queensway.

New Found Gold has a new board of directors and management team and a solid shareholder base which includes cornerstone investor Eric Sprott. The Company is focused on growth and value creation.

Keith Boyle, P.Eng.
Chief Executive Officer
New Found Gold Corp.

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 Statement Cautions

This press release contains certain ‘forward-looking statements’ within the meaning of Canadian securities legislation, including relating to WSP’s engagement to provide EPCM services for Queensway Phase 1 project development; the expected start of the EPCM work in Q1/26; the planned work on Pine Cove for Queensway Phase 1; the expected submission of an ER to the NL Department of Environment, Conservation and Climate Change in late Q1/26; the future updates on the status of the EA process; the anticipated filing of an updated Queensway technical report; and the expected first gold pour from Queensway Phase I, pending receipt of all required permits. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts, they are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘interpreted’, ‘intends’, ‘estimates’, ‘projects’, ‘aims’, ‘suggests’, ‘indicate’, ‘often’, ‘target’, ‘future’, ‘likely’, ‘pending’, ‘potential’, ‘encouraging’, ‘goal’, ‘objective’, ‘prospective’, ‘possibly’, ‘preliminary’, and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘can’, ‘could’ or ‘should’ occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made, and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSXV, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include risks associated with the Company’s ability to complete exploration and drilling programs as expected, 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 and the results of the metallurgical testing program, 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. The reader is urged to refer to the Company’s Annual Information Form and Management’s Discussion and Analysis, publicly available through the Canadian Securities Administrators’ System for Electronic Document Analysis and Retrieval (SEDAR+) at www.sedarplus.ca for a more complete discussion of such risk factors and their potential effects.

¹ for additional information see the Company’s news release dated July 21, 2025.
² for additional information see the Company’s news release dated November 28, 2025.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/281691

Coelacanth Energy Inc. (TSXV: CEI,OTC:CEIEF) (‘Coelacanth’ or the ‘Company’) announces that its board of directors approved the granting of incentive stock options (‘Options’) under its stock option plan to acquire up to an aggregate of 8,634,250 common shares (‘Common Shares’) of the Corporation (6,298,250 granted to certain of its directors and officers and 2,336,000 granted to certain of its employees) and to the granting of restricted share units (‘RSUs’) under its restricted share unit plan to obtain up to an aggregate of 5,369,500 Common Shares (4,224,250 granted to certain of its directors and officers and 1,145,250 granted to certain of its employees).

All of the Options are exercisable for a period of five years at a price of $0.80 per Common Share and 33⅓% of the Options will vest on the date that is one year after the date of the grant of such Options and the remainder will vest 33⅓% per year thereafter. All of the RSUs are exercisable for a period of three years at no additional cost and 33⅓% of the RSUs will vest on the date that is one year after the date of the grant of such RSUs and the remainder will vest 33⅓% per year thereafter.

Following the grant of Options and RSUs, Coelacanth has an aggregate of 30,220,931 Options and 9,865,698 RSUs outstanding. Coelacanth’s share based incentive plans limit the total number of Common Shares underlying the aggregate outstanding Options and RSUs to no more than 10% of the issued and outstanding Common Shares of 535,316,833. As of the date of this press release, the total number of Common Shares underlying the outstanding Options and RSUs on an aggregate basis is 40,086,629 or approximately 7.5% of the issued and outstanding Common Shares.

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.

NOT FOR DISTRIBUTION IN TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES OF AMERICA

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/281716