TORONTO, ON / ACCESS Newswire / March 2, 2026 / NextSource Materials Inc. (TSX:NEXT,OTC:NSRCF)(OTCQB:NSRCF) (‘NextSource’ or the ‘Company’) announces that it has entered into a binding agreement (the ‘Agreement’) with Syrah Resources Limited (‘Syrah’) for the supply of natural graphite fines for NextSource’s planned battery anode facility (‘BAF’) in Abu Dhabi, United Arab Emirates (‘UAE’).

Under the terms of the Agreement, NextSource will source a minimum of approximately 34,000 tonnes and up to 68,000 tonnes of natural graphite fines in total over a seven-year period, with annual committed and optioned volumes subject to specific conditions precedent being satisfied.

These conditions include the commencement of commercial production at NextSource’s BAF in the UAE and successful qualification and final approval of the use of Syrah’s graphite by NextSource and it’s downstream offtake customer. Pricing is expected to be determined quarterly and by referencing an independently reported natural graphite fines price index, with adjustments for product grade and shipping costs.

If the conditions have not been satisfied or waived by December 31, 2026, Syrah may terminate the Agreement without liability. If the conditions have not been satisfied or waived by December 31, 2027, NextSource may terminate the Agreement without liability.

Strategic Rationale

This Agreement forms part of NextSource’s broader supply chain strategy to establish diversified feedstock sources for its planned downstream anode facilities. The Company believes this approach, taking into account feedstock from its Molo Graphite Mine in Madagascar (‘Molo’), both derisks operations and enhances operational flexibility to support the ramp-up and potential expansion of the UAE BAF.

The Company has been stockpiling SuperFlake® concentrate from Molo and has ample inventory to fulfil the volumes of anode active material (‘AAM’) required under its binding offtake with Mitsubishi Chemical well into 2028. The Mitsubishi Chemical offtake agreement is for the supply of approximately 9,000 tonnes per annum (‘tpa’) of AAM over a multi-year period.

NextSource continues to evaluate other third-party feedstock sources while prioritizing the use of SuperFlake® graphite concentrate from Molo as the primary and preferred feedstock source for the UAE BAF.

This additional feedstock flexibility is particularly important in light of the Company’s February 5, 2026 announcement of a letter of intent with a second major Japanese anode material producer. If finalized, this would further increase expected demand for AAM from the UAE BAF. When combined with the Mitsubishi Chemical offtake agreement, these customer commitments are expected to fully utilize and potentially exceed the planned Phase 1 production capacity of the UAE BAF, reinforcing the importance of establishing multiple qualified feedstock sources to underpin future expansion of the UAE BAF.

Hanré Rossouw, President and CEO of NextSource, commented:

‘This agreement strengthens our long‑term strategy to build a resilient and diversified supply chain for our Abu Dhabi BAF. While Molo remains our primary and preferred feedstock, securing optionality with high‑quality third‑party material enhances our flexibility as we scale production to meet growing demand for anode active material. It is a disciplined step that supports both our near‑term ramp‑up and our broader growth ambitions.’

Syrah Resources is an Australian Securities Exchange listed industrial minerals and technology company that owns and operates the Balama Graphite Operation in Mozambique and an active anode material facility in the United States.

About NextSource Materials Inc.

NextSource Materials Inc. is a battery materials company based in Toronto, Canada that is intent on becoming a vertically integrated global supplier of battery materials through the mining and value-added processing of graphite and other minerals.

The Company’s Molo graphite project in Madagascar is one of the largest known and highest-quality graphite resources globally, and the only one with SuperFlake® graphite. The Molo mine has begun production through Phase 1 mine operations. NextSource’s corporate presentation can be accessed and downloaded here.

The Company is also developing a significant downstream graphite value-add business through the staged rollout of Battery Anode Facilities (BAF) capable of large-scale production of coated, spheronized and purified graphite for direct delivery to battery and automotive customers, in a fully transparent and traceable manner. The Company is now in the process of developing its first BAF in the UAE and has executed a multi-year offtake agreement for the supply of anode active material with Mitsubishi Chemical Corp of Japan.

NextSource Materials is listed on the Toronto Stock Exchange under the symbol ‘NEXT’ and on the OTCQB under the symbol ‘NSRCF’.

For further information about NextSource Materials, please visit our website at www.nextsourcematerials.com or contact us at +1.416.364.4911 or email Brent Nykoliation, Executive Vice President at brent@nextsourcematerials.com.

Safe Harbour: This press release contains statements that may constitute ‘forward-looking information’ or ‘forward-looking statements’ within the meaning of applicable Canadian and United States securities legislation. Readers are cautioned not to place undue reliance on forward-looking information or statements. Forward looking statements and information are frequently characterized by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’, ‘potential’, ‘possible’ and other similar words, or statements that certain events or conditions ‘may’, ‘will’, ‘could’, ‘expected’ or ‘should’ occur. Forward-looking statements include any statements regarding, among others, that non-binding LOI’s and term sheets will progress to definitive agreements and the timing thereof, timing of construction, development and completion of the BAF, timing and completion of front-end engineering and design, timing of FID, the phased development plan of the BAF as well as the Company’s intent on becoming a fully integrated global supplier of critical battery and technology materials. These statements are based on current expectations, estimates and assumptions that involve a number of risks, which could cause actual results to vary and, in some instances, to differ materially from those anticipated by the Company and described in the forward-looking statements contained in this press release. These risks include that the non-binding term sheets will not progress to definitive agreements, the parties to the non-binding term sheet will not be satisfied with their due diligence review, risks related to the construction and development of the BAF, the potential supply of natural graphite fines for NextSource’s planned BAF from Syrah or other qualified 3rd party sources, the risk that a positive FID decision may never be reached as well as other risk factors set forth in the Company’s latest Annual Information Form (which includes the disclosed risk related specifically to the development commissioning and operation of the BAF) There is no assurance that the definitive agreements will be completed with the above noted timeframe or at all. No assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur or, if any of them do so, what benefits the Company will derive there from. The forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements, whether because of new information, future events or otherwise, except as may be required by applicable securities laws. Although the forward-looking statements contained in this news release are based on what management believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with them. These forward-looking statements are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release.

SOURCE: NextSource Materials Inc.

View the original press release on ACCESS Newswire

Gains ownership and control over one of the largest, strategically located, prolific geologic environments for critical and precious metals in Quebec, Canada

Nuvau Minerals Inc. (TSXV: NMC,OTC:NMCPF) (the ‘Company’ or ‘Nuvau’) has achieved a significant milestone on the road toward a production restart at its flagship Matagami Property. The Company has completed the acquisition (the ‘Earn-In Transaction’), from Glencore Canada Corporation (‘Glencore Canada’), of interests in certain properties comprising the Matagami mining camp (collectively, the ‘Property’), located in the Abitibi region of central Québec, Canada, pursuant to a second amended and restated earn-in agreement dated January 28, 2026 among the Company, Nuvau Minerals Corp. (the Company’s wholly-owned subsidiary, ‘Nuvau Corp.’) and Glencore Canada (the ‘Earn-In Agreement’).

‘This landmark achievement marks a major step toward our goal of the restart of mining operations at the Matagami property,’ said Peter van Alphen, Nuvau’s CEO. ‘It reflects both our team’s unwavering commitment and the strong support behind our project. We are now eager to continue to build on our exploration momentum while advancing the technical and economic studies required to deliver a robust restart plan for our critical mineral assets.’

The Matagami mining camp is a 1,379-square-kilometre exploration and mining property, one of the largest in Canada, and is strategically located in a prolific geological environment for both critical and precious metals.

Figure 1: Position of Nuvau’s Matagami property in Canada and within the northern Abitibi advanced projects and operations

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The Matagami Property
Located in the northern Abitibi, the Matagami Property is comprised of 2,389 titles, including 1,237 square kilometres of exploration claims and 4.5 square kilometres of mining rights property. This includes the past-producing:

• Bracemac-McLeod mine, which is still permitted and has key infrastructure in place
• Perseverance mine, with potential for shallow remnant and mineralization extension.

When combined with Nuvau’s existing 138 square kilometres of exploration claims, this land package is one of the largest mining and exploration properties in Eastern Canada.

Figure 2: Detailed map of the exploration claims and mining rights involved in the transaction.

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The transaction excludes the property rights related to the Matagami Lake Processing Plant and the current Tailing Storage Facility, for which Nuvau has a 24-month right such rights from Glencore Canada.

Since entering into the earn-in agreement with Glencore in 2022, Nuvau has established a track record of success on the property, including the:

• Discovery of gold mineralization within the Bracemac Mine in July 2025;
• Discovery of gold anomalies in till in May 2025;
• Acquisition of the Thundermine property in 2024;
• Extension of mineralization at the past-producing McLeod Cu-Zn deposit in 2024;
• Discovery of the Renaissance Cu-Zn Volcanogenic Massive Sulfide (VMS) in 2023.

In addition, Nuvau demonstrated the economic potential of a near term production restart at the Matagami property with the Preliminary Economic Analysis (PEA) it published in 2023. The Company intends to update this PEA in 2026 to include additional geological and technical information as well as current commodity prices ahead of a Pre-Feasibility Study planned for 2027. The PEA leverages existing mine, processing and transportation infrastructure within the Matagami camp, all in close proximity to the town of Matagami at the heart of the northern Abitibi.

The Earn-In Transaction
In connection with the completion of the Earn-In Transaction:

• Nuvau Corp. incurred an aggregate of $30,000,000 in exploration, development and related expenditures on the Property on or before March 25, 2025.
• Glencore retained a 2% net smelter returns (‘NSR’) royalty on the Property, subject to an aggregate maximum NSR royalty of 3.5% inclusive of existing royalties on any mining claim, pursuant to a royalty agreement entered into between Glencore Canada and Nuvau Corp.

As per the terms of the Earn-In Agreement, within 60 days of the closing of the Earn-In Transaction, Nuvau Corp. will also be required to pay Glencore Canada (i) $5,000,000 in cash, and (ii) an additional $5,000,000 payable in cash, common shares of the Company (‘Common Shares‘), or a combination thereof at Nuvau Corp.’s election, subject to required stock exchange and other regulatory approvals and provided that any share issuance does not result in Glencore having beneficial ownership of more than 9.9% of the Company’s issued and outstanding Common Shares immediately following issuance.

For a period of 24 months following the closing of the Earn-In Transaction, Nuvau will also retain the right to acquire certain excluded property (including the Matagami Lake Processing Plant and Tailings Storage Facility) from Glencore Canada for a payment of $5,000,000 (payable in cash, Common Shares, or a combination thereof), subject to the satisfaction of certain conditions and regulatory requirements, all as more particularly described in the Earn-In Agreement.

For more information regarding the Earn-In Transaction, please refer to the Earn-In Agreement, a copy of which has been filed and is available on SEDAR+ (www.sedarplus.ca) under the Company’s issuer profile.

About Nuvau
Nuvau Minerals (TSXV: NMC,OTC:NMCPF) is a Canadian mining and exploration company advancing its assets through the exploration and development stage. The Company’s principal asset is the past-producing Matagami mining district in the Abitibi region of Québec.

Nuvau controls a 1,379 square kilometre land package and benefits from access to permitted mining infrastructure, including an option on a 3,000 tpd concentrator, through an earn-in agreement with Glencore Canada. Its strategy combines near-term resource development and a potential mine restart with district-scale exploration targeting zinc-copper VMS deposits and newly recognized gold potential in the camp.

Backed by Québec investors, Nuvau is executing a multi-year exploration and resource growth program to advance the camp toward a renewed production decision while generating new discoveries.

Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved by Bastien Fresia P. Geo. (Qc), Director of Technical Services and a ‘qualified person’ for the purposes of National Instrument 43-101.

Further Information
Peter van Alphen
President and CEO, Nuvau Minerals Inc.
416-525-6063
pvanalphen@nuvauminerals.com

Cautionary Statements
This news release contains forward-looking statements and forward-looking information (collectively, ‘forward-looking statements‘) within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as ‘may’, ‘should’, ‘anticipate’, ‘will’, ‘estimates’, ‘believes’, ‘intends’, ‘expects’ and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this news release contains forward-looking statements concerning: the completion and timing of any remaining post-closing filings and registrations with governmental authorities; the timing and form of payments contemplated by the Earn-In Agreement (including any election to satisfy a portion of such payments in Common Shares), and if applicable, the receipt of any required stock exchange and other regulatory approvals; the potential future acquisition of the excluded property and satisfaction of applicable conditions related thereto; and the timing and ability of the Company to advance the Property to production decision and the overall potential of the Property. Forward-looking statements are not a guarantee of future performance and are based upon a number of estimates and assumptions of management, in light of management’s experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances. Readers are cautioned that assumptions used in the preparation of any forward-looking statements 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. Factors that could cause actual results to differ materially from such forward-looking statements are set out in the Company’s public disclosure record available on SEDAR+ (www.sedarplus.ca) under the Company’s issuer profile. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by the management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

The forward-looking statements contained in this news release are made as of the date of this news release, and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, 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 news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285928

Visit Bold Ventures Inc. (TSXV: BOL,OTC:BVLDF) at Booth #2610 at the Prospectors & Developers Association of Canada’s (PDAC) Convention at the Metro Toronto Convention Centre (MTCC) from Sunday, March 1 to Wednesday, March 4, 2026.

About Bold Ventures Inc.

At PDAC 2026, Bold (Booth 2610) will showcase new assays, discuss its role in Canada’s next wave of discoveries and host the ‘From Burchell to the Ring of Fire’ giveaway for a chance to win a $500 Great Canadian Experience. 

Bold’s CEO David Graham, President and COO Bruce MacLachlan, and VP Exploration Coleman Robertson will be meeting with investors at booth #2610 at the Prospectors and Developers Association of Canada (PDAC) Mineral Exploration and Mining Convention in Toronto from March 1st to 4th, 2026. 

Coleman Robertson will be presenting at the PDAC Spotlight with a talk titled ‘From Burchell to the Ring of Fire,’ at 11:10 a.m. on Monday March 2nd in the Northern Lights Learning Hub, Level 300, Hall A of the North Building of the Metro Toronto Convention Centre. During PDAC Bruce MacLachlan will also be interviewed by the Northern Miner on March 1st, and by CEO.CA on Monday March 2nd. (see Bold News Release dated February 28, 2026).

Bold Ventures Inc. (TSXV: BOL,OTC:BVLDF) is a Canadian mineral explorer with decades of discovery-focused experience in top-tier mining jurisdictions. Building on successes linked to Noront and major finds in Quebec and Ontario, Bold is advancing gold, base-metal and critical-minerals projects, including its road-accessible Burchell Gold-Copper Project and its strategic foothold in the re-emerging Ring of Fire – a key focus of Canada’s Critical Minerals Strategy. Led by veteran discoverers David Graham, Bruce MacLachlan and Coleman Robertson, Bold is expanding its northwestern Ontario portfolio with high-grade results at Burchell’s 111 Zone and long-term optionality in the Ring of Fire.

About PDAC

The World’s Premier Mineral Exploration & Mining Convention is the leading convention for people, governments, companies and organizations connected to mineral exploration. In addition to meeting more than 1,100 exhibitors, 2,500 investors and 26,000 attendees in person in 2024, participants could also attend programming, courses and networking events.

The annual convention is held in Toronto, Canada. It has grown in size, stature and influence since it began in 1932 and today is the event of choice for the world’s mineral industry.

For more information and/or to register for the conference, please visit: https://www.pdac.ca/convention.

We look forward to seeing you there.

(TheNewswire)

GRANDE PRAIRIE, ALBERTA TheNewswire – March 2, 2026 – Angkor Resources Corp. (TSXV: ANK,OTC:ANKOF) (‘ANGKOR’ OR ‘THE COMPANY’)  wishes to announce that it has granted, effective today, an aggregate of 4,275,000 stock options (each an ‘Option) to certain Directors, management and consultants of the Company in accordance with the Company’s Rolling Stock Option Plan.

Each Option is exercisable into one common share in the capital of the Company (each a ‘Share’) at a price of $0.36 per Share, being the price of the Company’s shares on the last closing price on the TSX Venture Exchange on February 27, 2026. The options granted to Directors and administrative consultants are exercisable for a three-year term expiring March 2, 2029 and will vest immediately.  The remaining options issued to management will vest immediately and expire in 12 months, March 2, 2027.

ABOUT Angkor Resources CORPORATION:

Angkor Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a leading resource optimizer in Cambodia working towards mineral and energy solutions across Cambodia.  

The company’s mineral subsidiary, Angkor Gold Corp. in Cambodia holds two mineral exploration licenses in Cambodia with multiple prospects in copper and gold.  Both licenses are in their first two-year renewal term.    

Its Cambodian energy subsidiary, EnerCam Resources, was granted an onshore oil and gas license of 7300 square kilometres in the southwest quadrant of Cambodia called Block VIII.   The company then removed all parks and protected areas and added 220 square kilometres, making the license area just over 4095 square kilometres.  EnerCam is actively advancing oil and gas exploration activities onshore to meet its mission to prove Cambodia as an oil and gas producing Nation.  Having completed seismic in 2025, the Company has identified multiple drill targets and advances an Environmental Impact Assessment and drilling plans to drill Cambodia’s first onshore oil & gas exploratory wells.

CONTACT:   Delayne Weeks – CEO

Email:-   info@angkorresources.com   Website: angkorresources.com  

Telephone: +1 (780) 831-8722

Please follow @AngkorResources on , , , Instagram and .

Neither 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. 

_____________________________________

Copyright (c) 2026 TheNewswire – All rights reserved.

Quimbaya Gold Inc. (CSE: QIM,OTC:QIMGF) (OTCQX: QIMGF) (FSE: K05) (‘Quimbaya’ or the ‘Company’) reports the completion of drone-based magnetic and radiometric surveys covering approximately 800 hectares of the Tahami Center concession. The survey area includes zones where geological reconnaissance and sampling have identified features interpreted as potentially associated with a porphyry-style copper system. These features define a prospective surface trend of approximately 3.1 km by 1.3 km.

Highlights

• High magnetization vector intensity (MVI) anomalies show two subvertical zones dipping to the southeast. These are interpreted to be porphyry intrusions. They coincide with the mapped porphyry-style potassic alteration and veining with anomalous Cu, Au and Mo geochemistry.

• A MVI low anomaly on the SE side coincides with the mapped lithocap in which alteration is magnetite-destructive.

• Magnetic anomalies interpreted to be associated with a porphyry intrusive suite extend over approximately 3.1 km in length and 1.3 km in width, with a dominant northwest-southeast orientation (Figure 1).

• Pad locations for the maiden drilling program at the Tahami Center target area will be defined following the completion and integration of soil, rock and stream sediment geochemical assay results, detailed geological mapping, and preliminary 3D geological – geophysical modeling. This work is expected to be finalized this month.

Figure 1. Tahami Center 3D model of Magnetization Vector Intensity (MVI).

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‘The work completed to date at Tahami continues to strengthen our confidence in the exploration potential of the project,’ said Alexandre P. Boivin, CEO of Quimbaya Gold. ‘This survey materially strengthens our technical thesis at Tahami Center. We are seeing a large, coherent subsurface magnetic system that aligns with mapped surface mineralization and alteration. That level of consistency supports advancing confidently toward drill testing as we define our initial targets.’

‘The presence of well-developed porphyry-style veinlets at surface is considered significant in the context of the Company’s exploration model for a porphyry copper-gold-molybdenum system,’ stated Ricardo Sierra, B.Sc., MAusIMM, Vice President Exploration and Qualified Person. ‘Geophysical cross-sections and a plan view at approximately -700 meters in elevation (Figure 2) demonstrate a spatial correlation between the mapped surface porphyry-style mineralization and a projected subsurface magnetic high identified in the recently completed airborne magnetic survey. These magnetic anomalies may reflect zones of increased magnetite content, which in porphyry systems can be associated with potassic alteration. This interpretation is conceptual in nature and has not yet been confirmed by drilling. Confirmation will require diamond drilling and the integration of pending radiometric survey, soil and rock geochemical assay results.’

Figure 2. Tahami Center Plan View at -700m, and cross section A-A’ of the MVI 3D Model.

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Detailed geological mapping has identified an area interpreted as a preserved lithocap in the east – southeastern portion of the mining concession. This zone spatially coincides with low magnetic susceptibility values observed in the MVI survey. The reduced magnetic response is interpreted to reflect magnetite destruction associated with intense advanced argillic alteration. This alteration is locally associated with quartz vein systems in which gold, silver, and copper mineralization has been identified through surface sampling.

Qualified Person

Ricardo Sierra, AusIMM, is a non-independent Officer ‘VP Exploration’ and the Qualified Person for this news release. The scientific and technical content of this press release has been reviewed and approved by Mr. Sierra, who has sufficient experience with South American exploration projects relevant to the style of mineralization and type of deposit under consideration. He consents to the inclusion of the Exploration Results in the form and context in which they appear.

About Quimbaya

Quimbaya Gold is a Colombia-focused exploration company advancing a district-scale portfolio of more than 66,000 hectares across highly prospective mineral belts in Antioquia, Colombia. Its flagship Tahami Project, located in Segovia, is immediately adjacent to Colombia’s most prolific high-grade gold mining camp, while the Berrio and Maitamac projects are strategically positioned in Puerto Berrío and Abejorral, respectively. Early-stage exploration has identified extensive mineralized vein systems and confirmed the presence of a large, multi-commodity porphyry system hosting gold, copper and molybdenum, highlighting the district-scale discovery potential of Quimbaya’s land package. The Company is led by a proven technical and management team committed to disciplined exploration and responsible mining practices.

Quimbaya Gold Inc.
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Cautionary Statements

Certain statements contained in this press release constitute ‘forward-looking information’ as that term is defined in applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. Generally, but not always, forward-looking statements and information can be identified by the use of forward-looking terminology such as ‘intends’, ‘expects’ or ‘anticipates’, or variations of such words and phrases or statements that certain actions, events or results ‘may’, ‘could’, ‘should’, ‘would’ or ‘occur’. Forward-looking statements herein include statements and information regarding the Offering’s intended use of proceeds, any exercise of Warrants, the future plans for the Company, including any expectations of growth or market momentum, future expectations for the gold sector generally, the Colombian gold sector more particularly, or how global or local market trends may affect the Company, intended exploration on any of the Company’s properties and any results thereof, the strength of the Company’s mineral property portfolio, the potential discovery and potential size of the discovery of minerals on any property of the Company’s, including Tahami South, the aims and goals of the Company, and other forward-looking information. Forward-looking information by its nature is based on assumptions and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Quimbaya to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These assumptions include, but are not limited to, that the Company’s exploration and other activities will proceed as expected. The future outcomes that relate to forward-looking statements may be influenced by many factors, including but not limited to: future planned development and other activities on the Company’s mineral properties; an inability to finance the Company; obtaining required permitting on the Company’s mineral properties in a timely manner; any adverse changes to the planned operations of the Company’s mineral properties; failure by the Company for any reason to undertake expected exploration programs; achieving and maintaining favourable relationships with local communities; mineral exploration results that are poorer or better than expected; prices for gold remaining as expected; currency exchange rates remaining as expected; availability of funds for the Company’s projects; prices for energy inputs, labour, materials, supplies and services (including transportation); no labour-related disruptions; no unplanned delays or interruptions in scheduled construction and production; all necessary permits, licenses and regulatory approvals are received in a timely manner; the Offering proceeds being received as anticipated; all requisite regulatory and stock exchange approvals for the Offering are obtained in a timely fashion; investor participation in the Offering; and the Company’s ability to comply with environmental, health and safety laws. Although Quimbaya’s management believes that the assumptions made and the expectations represented by such information are reasonable, there can be no assurance that the forward-looking information will prove to be accurate. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. Readers are cautioned not to place undue reliance on forward-looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Forward-looking information contained in this news release is expressly qualified by this cautionary statement. The forward-looking information contained in this news release represents the expectations of Quimbaya as of the date of this news release and, accordingly, is subject to change after such date. Except as required by law, Quimbaya does not expect to update forward-looking statements and information continually as conditions change.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285591

One Bullion Ltd. (‘One Bullion’ or the ‘Company’) (TSXV: OBUL,OTC:OBULF), a gold exploration company holding complete ownership of three highly prospective mining areas in Botswana, is pleased to announce that it has approved the consolidation of the Company’s issued and outstanding common shares on the basis of one (1) new common share for every ten (10) existing common shares (the ‘Consolidation’).

The Consolidation was approved by way of director resolution. In connection with the Consolidation, the Company has sent letters of transmittal to holders of its common shares for use in transmitting their existing share certificates (‘Existing Certificates’) to the Company’s registrar and transfer agent, Marrelli Trust Company, in exchange for new certificates (‘New Certificates’) representing the number of post-Consolidation common shares to which such shareholder is entitled as a result of the Consolidation. No delivery of a New Certificate to a shareholder will be made until the shareholder has surrendered its Existing Certificates. Until surrendered, each Existing Certificate shall be deemed for all purposes to represent the number of post-Consolidation common shares to which the holder is entitled as a result of the Consolidation. The common shares of the Company reflecting the Consolidation will commence trading on the TSX Venture Exchange effective as of March 4, 2026 under the same symbol ‘OBUL’.

In connection with the Consolidation, SLD Capital Corp. (‘SLD’) is entitled to receive an aggregate of 200,000 common shares pursuant to the consulting agreement dated July 8, 2024 between One Bullion and SLD. The shares will be subject to a statutory hold period expiring four months and one day following the issuance thereof, and the issuance remains subject to the approval of the TSX Venture Exchange.

In other news, the Company also announces that it has granted an aggregate of 1,100,000 restricted share units to officers and directors of the Company.

About One Bullion
One Bullion Ltd. is a Toronto-based gold exploration company focused on advancing high-quality gold assets in Botswana, one of Africa’s most stable and mining-friendly jurisdictions. Established in 2018, the company controls approximately 8,004 km² of prospective land across three greenstone belt-hosted gold projects, including Vumba, Kraaipan, and Maitengwe. One Bullion’s strategy centers on disciplined, data-driven exploration — combining modern geological methods with advanced targeting to identify and test high-priority gold targets — while maintaining a commitment to environmental stewardship, community engagement, and long-term value creation for stakeholders.

Forward-Looking Statements
This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as ‘forward-looking statements’) within the meaning of Canadian securities laws. All statements other than statements of historical fact are forward-looking statements. Undue reliance should not be placed on forward-looking statements, which are inherently uncertain, are based on estimates and assumptions, and are subject to known and unknown risks and uncertainties (both general and specific) that contribute to the possibility that the future events or circumstances contemplated by the forward-looking statements will not occur, including the effective date of trading of the post-Consolidation common shares. Although the Company believes that the expectations reflected in the forward looking statements contained in this press release, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause the Company’s actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, except as required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement.

For further information, please contact:

Contact Information:
Adam Berk, Chief Executive Officer
T: 917-690-7556

Investor Contact:
KCSA Strategic Communications
Jack Perkins or Valter Pinto
T: 212-896-1254
OneBullion@kcsa.com

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.

Transition Metals Corp. (TSXV: XTM) (‘Transition’, ‘the Company’), is pleased to announce that it has vested a 100% interest in the Pike Warden property, a porphyry-epithermal exploration asset located in southern Yukon. This acquisition consolidates the Company’s control over the property and positions it for continued exploration activities and partnering opportunities. The Company will seek a partner to more aggressively explore the large mineralized system opportunity.

‘This acquisition represents an important step in expanding Transition Metals’ portfolio of high-quality exploration assets,’ said Scott McLean, CEO of Transition Metals. ‘The Pike Warden property has strong exploration potential, and the work carried out by Transition to date has identified over 30 high grade Au-Ag epithermal and Cu-Mo porphyry showings, which together with the geophysical and mapping data demonstrate a large porphyry and epithermal mineralizing system.‘

Terms of Vesting

The project was optioned from a local geologist in 2022 (see news release dated June 28, 2022). The Company has vested its interest by paying the Optionor $120,000, issuing 1,000,000 shares, and spending $1,000,000 in exploration over the four-year period. The Optionor retains a 1% Net Smelter Return royalty on the Property.

Financing

The Company is pleased to announce that it intends to raise up to $1,000,000 by way of a non-brokered private placement consisting of up to 8,695,652 Charity Flow Through Units (the ‘CFU‘) at a price of $0.115 per CFU. The initial Purchasers of the CFU may subsequently donate such CFU to registered charitable organizations, who may in turn choose to sell such CFU Units (the ‘Re-Offered Units’) to purchasers at a price of $0.08 per Re-Offered Unit (the ‘Re-Offer Price’) or sell such Re-Offered Units to purchasers at the Re-Offer Price. The Company will not be a party to any such arrangements. The Re-Offered Units will consist of a common share and a half warrant. Each full warrant entitles the investor to purchase a common share in the Company at any time for $0.115 for a period of 18 months. A finder’s fee may be paid in connection with the Offering to finders, as determined by mutual agreement between the Corporation and the finders and subject to regulatory approval. The finders’ fee will consist of 6% cash for Units sold to investors introduced by such finders, and non-transferable share purchase warrants equal to 6% of such CFU sold to investors (‘Compensation Warrants’). The Compensation Warrants will permit the purchase of one common share in the capital of the Company for 18 months from closing at a price of $0.115.

Proceeds from the CFT Shares issued in connection with the Offering will be used to explore and advance critical minerals properties in Ontario (Saturday Night PGM) and Northwest Territories (Dessert Lake U) as well as Ontario precious metal project (Gowganda Au). The securities issued in connection with the Offering, including any common shares issued upon exercise of the Compensation Warrants, will be subject to a four-month restricted resale period and applicable securities legislation hold periods outside of Canada from the closing date. Completion of the Offering will be subject to all necessary approvals, including the approval of the TSX Venture Exchange. There can be no assurance that the Offering will be completed as proposed or at all.

About Transition Metals Corp.

Transition Metals Corp. (TSXV: XTM) 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/285650