SYDNEY, March 3, 2026 - (ACN Newswire via SeaPRwire.com) – Accounts payable automation company Lessn today announced that it exceeded $100 million being transacted on its platform in February 2026 within its first year of operations, as the company considers a new investment round.The platform’s accounts payable technology links to medium to large owner-operators businesses’ accounting systems, typically Xero or MYOB, with funding sources such as rewards cards and bank-to-bank. Its system allows companies to improve cash flow, earn rewards and take advantage of pay-early discounts whilst maximising accuracy, automation and security for accounts teams.Clients include medical centres, real estate and construction businesses along with high net worth family offices.Lessn founder David Grossman is optimistic about the company’s continued fast growth trajectory.“Lessn surged through its $2 million revenue milestone in February 2026 and grew fivefold in recent months. We have found a sweet spot at the higher end of the medium to large-sized business market serving businesses that make payments of more than $100,000 per month, some into the millions.”“Lessn's payments orchestration platform goes beyond card payments. It wraps around accounting, banking, and card portals, opening a wide range of payment features surrounding accounts payable. This suits businesses that want to maximise rewards points and reduce trade finance costs whilst ensuring audit trails across their AP,” he said.During recent months, the company has attracted growing interest from both existing and new investors reflecting its strong growth profile,  with billionaire property developer Theo Onisforou among investors “very seriously considering investing in the next investment round.”Investors in Lessn include Brendan Cook, founder of oOh!media, Dean Swan of monday.com and Michael Masterman, co-founder of Element Zero and Po Valley Energy, with $3 million already been invested in the company and its unique technology.As the company has grown its valuation has increased significantly, with a small investment round having raised $300,000 at a valuation of $30 million in November 2025.The business claims a serviceable addressable market of more than 1 million small to medium business in Australia, valued at more than $36 billion[1]. The company also has opportunities for international growth where countries have similar payments environments including Asia, New Zealand and the UK.[1] Australian Small Business and Family Enterprise Ombudsman, 2025 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Technology Graphene Production Plant with Capacity of 10 Tons Per AnnumBrisbane, Australia--(Newsfile Corp. - March 2, 2026) - Graphene Manufacturing Group Limited (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to announce that the Board of Directors of GMG has approved the investment of an additional AU$1.4 million, which is expected to complete the construction of the Company's Gen 2.0 Graphene Manufacturing Technology plant (the "Gen 2.0 Plant") capable of producing 10 tons of graphene per annum. The total capital cost for the Gen 2.0 Plant is an estimated AU$2.3 million, an expenditure that was largely included in the proposed use of proceeds for the March 2025 Bought Deal Financing of C$5,796,000.The Company's Board is happy with progress to date and is confident that the Gen 2.0 Plant project is on track to meet its original budget and expectation to be online by the middle of 2026. The early work and procurement of the long lead items is substantially complete, and engineering and design has commenced.The Gen 2.0 Plant is expected to be largely self-powered from standalone energy generation that utilizes renewable sources, an energy storage system and hydrogen enriched natural gas provided by tail gas power generation.Figure 1: GMG Headquarters LayoutTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/285998_graphene1.jpgGMG's Managing Director and CEO, Craig Nicol, commented: "We are very excited with the progress to date of the Gen 2.0 project and are looking forward to bringing the plant online - on time and on budget."GMG's Chairman and Director, Jack Perkowski, commented: "A successful Gen 2.0 project will form the basis for the Company's future expansion plans."Quarterly Financial Results UpdateThe Company is pleased to provide a further update to its most recent Quarterly Financial Results as published and filed on March 2, 2026. The Company's results are reported under International Financial Reporting Standards (IFRS). This news release may include certain Non-IFRS measures as reported in the Company's Quarterly Management Discussion and Analysis ("MD&A") that are used internally by management to assess the underlying operational performance of our business.Understanding the Non-Cash Warrant LiabilityAs at December 31, 2025, the Company had 18.6 million outstanding share purchase warrants with exercise prices denominated in Canadian dollars. Because GMG's functional currency is the Australian dollar, IFRS accounting standards require these warrants to be treated as a derivative financial liability and revalued at fair value each reporting period.During Q2 FY2026, GMG's share price increased 178%, a strong performance that reflects growing market confidence. However, under IFRS, this share price increase results in a higher calculated fair value for the warrant liability, which in turn generates a non-cash loss in the Company's statement of profit or loss and a corresponding increase in total liabilities on the balance sheet.Key Points for Shareholders:This accounting adjustment is entirely non-cash and does not affect GMG's cash position, operations, or business fundamentals.The Company's cash balance at December 31, 2025 was A$13.9 million, up from A$7.7 million at June 30, 2025.Excluding the warrant liability, the Company's underlying net assets position at December 31, 2025 was positive A$21.5 million.The warrant liability decreases when warrants are exercised (converting the liability to equity and adding cash), or when the warrants expire or when the share price declines. Subsequent to December 31, 2025, approximately 2.9 million warrants were exercised for gross proceeds of A$3.6 million, further strengthening the Company's cash position and reducing the warrant liability by a corresponding amount.Management views the warrant liability as a technical accounting matter that does not reflect the Company's operational performance or strategic progress. The Company's market capitalization at December 31, 2025 was approximately USD$200 million.Non-IFRS MeasuresA Non-IFRS measure that the Company refers to in its MD&A is EBITDA, which is revenue before finance costs, tax, depreciation and amortization, and after adjusting for certain non-cash items and other earnings adjustment items. The Company believes that EBITDA provides useful information to assess the operational performance of the business, however, Non-IFRS measures do not have a standardized meaning under IFRS, have not been subject to audit, and should not be considered as an indication of or alternative to an IFRS measure of financial performance.Table 1: Calculation of EBITDATo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/285998_66807f3f541149e1_017full.jpgThe following table provides the reconciliation of the underlying loss for the period and adjusted basic diluted loss per share, as adjusted and calculated by the Company. This reconciliation adjusts for the non-cash change in fair value of warrants which is included in the Company's Unaudited Condensed Consolidated Interim Statement of Profit or Loss and Other Comprehensive Income.Table 2: Calculation of the unaudited adjusted loss for the period and adjusted basic and diluted loss per share, as adjusted and calculated by the Company.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/285998_66807f3f541149e1_018full.jpg(1) Due to the loss recognized for the years, all outstanding stock options, warrants, broker warrants, restricted share units and performance share units were excluded from the calculation of diluted loss per share due to their anti-dilutive effect. (2) Calculated using loss for the period over the weighted average number of ordinary shares as per IFRS.(3) Calculated using adjusted loss for the period over the weighted average number of ordinary shares (non-IFRS measure).About GMG:GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications.The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries"). GMG has also developed a graphene additive slurry that is aimed at improving the performance of lithium-ion batteries.GMG's 4 critical business objectives are:Produce Graphene and improve/scale cell production processesBuild Revenue from Energy Savings ProductsDevelop Next-Generation BatteryDevelop Supply Chain, Partners & Project Execution CapabilityFor further information, please contact:Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking StatementsThis news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, 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 will "potentially" or "likely" occur. These statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include, without limitation, statements regarding, expected capital requirements to complete the Gen 2.0 Plant, expected graphene production capacity of the Gen 2.0 Plant and the timing of its construction and commissioning, the extent to which the plant will be largely self-powered from standalone energy generation, the implications of the Gen 2.0 Plant on future expansion plans, the Company's assessment of the warrant liability as a technical accounting matter and management's view that this liability does not reflect operational performance, expectations regarding future warrant exercises, management's belief that EBITDA is a useful measure of operational performance, the Company's four critical business objectives.Such forward-looking statements are based on a number of assumptions of management, including, without limitation, assumptions that the Company's operational and strategic progress will continue, that the Gen 2.0 Plant will be constructed, commissioned and ramped up broadly on time and on budget, that the technology deployed at the Gen 2.0 Plant will perform as expected, that sufficient customer demand will develop for products produced at the Gen 2.0 Plant, that the warrant liability will decrease as warrants are exercised or expire, that the Company's cash position and business fundamentals remain strong, that future financial performance will improve, and that the accounting treatment of warrants under IFRS will remain unchanged.Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation, fluctuations in the Company's share price that may increase the warrant liability, failure to complete or commission the Gen 2.0 Plant as currently planned, construction, cost-overrun, technology and ramp-up risks associated with the Gen 2.0 Plant, failure to achieve operational milestones, inability to commercialize products, changes in accounting standards, adverse market conditions, foreign exchange volatility, and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated November 4, 2025 available for review on the Company's profile at www.sedarplus.ca.Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. 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 forward-looking statements and forward looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285998 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

NPV:After-tax NPV(5%) of C$6.73 billion and IRR of 23% at Consensus Metal Prices After-tax NPV(5%) of C$13.53 billion and IRR of 39% at Spot Metal Prices.NPV Including scandium and the associated processing circuit: After-tax NPV(5%) of C$6.94 billion an IRR of 19% at Consensus Metal PricesAfter-tax NPV(5%) of C$14.52 billion and IRR of 32% at Spot Metal Prices.Vancouver, British Columbia--(ACN Newswire via SeaPRwire.com - March 2, 2026) - Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) ("Doubleview" or the "Company") is pleased to announce the results of its Preliminary Economic Assessment (PEA) of its 100%-owned polymetallic Hat porphyry project ("Hat" or "the Project"), in northwestern British Columbia. With major content of copper, gold, cobalt, silver, and scandium, Hat becomes an important source of critical minerals.Three processing scenarios were evaluated-Scenario A1 (A1) a Cu-Au-Ag-Co flotation base case using current testwork recoveries[1], Scenario A2 (A2), the same base case using expected recoveries1, and Scenario B (B), a Cu-Au-Ag-Co flowsheet with an added hydrometallurgical circuit and scandium recovery circuit-with results indicating the Project is financially attractive even without the scandium component.Highlights:Robust Project Economics: The PEA demonstrates a high-margin operation with an After-Tax NPV(5%) of C$4.96 billion (A1), C$6.73 billion (A2), or C$6.94 billion (B), and an IRR of 19% (A1), 23% (A2), or 19% (B) at analyst consensus metal prices[2]. Using a spot-price scenario[3], the Project delivers a compelling after-tax NPV(5%) of C$11.05 billion (A1), 13.53 billion (A2), or C$14.52 billion (B) and an IRR of 34% (A1), 39% (A2), or 32% (B).Sensitivity Highlight: Project economics show the greatest leverage to overall metal prices, with NPV (5%) ranging from C$3.2 billion to C$10.2 billion (IRR: 14%-32%) at ±20% on all metals; even under additional +20% CAPEX and +20% OPEX sensitivities, applied on top of a 25% contingency already embedded in the base case, all scenarios deliver IRRs of 16% or better, and Scenario B provides additional scandium oxide upside with NPV(5%) of C$6.2 billion-C$7.7 billion (IRR: 18%-20%) at ±40% metal price.Tier 1 Scale and Longevity: The mine plan supports a multi-decade life of 25 years at a 120,000 tonnes-per-day processing rate, underpinned by a resource base of 609 Mt at 0.43% CuEq[4] in the Measured and Indicated categories and 503 Mt at 0.41% CuEq4 in the Inferred category.High-Output Production Profile B: Envisioned as a conventional large-scale open-pit operation, the Project is expected to produce an average of over 74 kt of copper, 254 koz of gold, 376 koz of silver and 2.7 kt of cobalt annually during the first 10 years, with life-of-mine (LOM) average production of 67.6 kt Cu, 217 koz Au, 348 koz Ag, 2.5 kt Co, and 128 tonnes of scandium oxide per year. (NOTE: projected cobalt to be about 68% of North America's cobalt production based on 2024 production)Strategic Importance for Critical Minerals: The Project is positioned as a primary North American source of copper, scandium, and cobalt. With approximately 2.42 billion pounds of copper, 80 million pounds of cobalt and 2,415 tonnes of scandium oxide contained[5] in the Measured and Indicated categories, the Project represents an important discovery of critical minerals.Stable, Supportive Jurisdiction: Located in a premier mining district in British Columbia, the Project benefits from a stable regulatory environment. The Company is committed to engaging with local First Nations in a respectful manner and to working toward positive and constructive relationships as the Project advances.Catalyst for Development: The PEA serves as the technical foundation for an immediate transition into a Pre-Feasibility Study (PFS), providing a clear roadmap for early works and permitting activities in 2026 and 2027.Farshad Shirvani, President and CEO of Doubleview Gold Corp., commented, "The results of this PEA confirm the scale, strength and long-term potential of the Hat Project. Delivering a post-tax NPV(5%) of up to C$6.94 billion and IRR of up to 23% at consensus prices, and even stronger metrics at spot prices, validates years of disciplined exploration and technical work by our team. Hat is demonstrating Tier 1 characteristics with a 25-year mine life, strong annual production profile and meaningful free cash flow generation. Importantly, the Project stands on its own without reliance on scandium, while still preserving significant upside from critical minerals as markets mature. We are excited to advance Hat to Pre-Feasibility and continue building a major Canadian critical metals project."Doubleview acknowledges that the Project is located on the traditional territories of the Tahltan Nation and the Taku River Tlingit First Nation, and recognizes their enduring relationship to and stewardship of the land and waters. Doubleview is committed to respectful, transparent, and ongoing engagement with First Nations and local communities whose territories overlap the Project area and access routes, with a focus on protecting water and the environment and advancing responsible development.PEA OVERVIEWThe PEA contemplates a conventional open-pit mine and processing operation with a 25-year mine life at a 120,000 t/d (42 Mt/a) plant throughput. Two processing pathways were evaluated, A1 and its alternative, A2, and B: the first alternative, A, is a Cu-Au-Ag-Co flotation concentrator with two recovery cases based on current metallurgical testwork, and A2, reflecting expected performance (Figure 1); and B, a full circuit that retains the base flowsheet and adds a downstream hydrometallurgical scandium recovery circuit (Figure 2).The tailings storage facility is a centreline-raised facility built with compacted cycloned sand from tailings underflow, and engineered drainage for stability, with site-contact waters (including seepage and pit dewatering) recycled to the process plant and final closure involving pond drainage and reclamation. The Project is expected to rely on grid power via an extended transmission line.Tables 1 to 3 summarize the key results of the PEA, including production, operating costs, capital expenditures, and the principal financial metrics; the sections that follow provide additional detail on the underlying assumptions, project design, and study outcomes.Table 1: PEA Study Summary-ProductionMetric UnitScenario A1Scenario A2Scenario BMining SummaryStrip ratiot:t1.60Production Summary LOMAverage Annual ThroughputMt42CuEq Head Grade[6], [7]%0.42Cu Head Grade%0.19Au Head Gradeg/t0.19Ag Head Gradeg/t0.51Co Head Gradeg/t0.78Sc Head Grade6g/t28.35Cu Recovery%808985[8]Au Recovery%6675898Ag Recovery%5353688Co Recovery%3030788Sc Recovery%N/A728Overall Mass of Tailings to Process[9]%N/A12.5Year of Production Start of Sc2O38yearN/A4Average Annual Cu Productionkt63.670.867.6Total Cu Productionkt1,590.51,769.41,689.9Average Annual Payable Cukt61.768.765.7Total Payable Cukt1,542.81,716.31,642.2Average Annual Au Productionkoz161.1183.1217.3Total Au Productionkoz4,028.24,577.55,432.0Average Annual Payable Aukoz153.1173.9207.5Total Payable Aukoz3,826.84,348.75,188.6Average Annual Ag Productionkoz271.3271.3348.0Total Ag Productionkoz6781.66,781.68,700.9Average Annual Payable Agkoz244.1244.1318.6Total Payable Agkoz6,103.46,103.47,965.3Average Annual Co Productionkt1.01.02.5Total Co Productionkt23.923.962.2Average Annual Payable Cokt0.80.82.3Total Payable Cokt19.119.156.3Average Annual Sc2O3 ProductiontN/A128.4Total Sc2O3 ProductiontN/A3,209.5Total Sc2O3 PayabletN/A3,049.0 Table 2: PEA Study Summary-Operating CostMetricUnitScenario A1Scenario A2Scenario BOperating Cost Average Mine Operating CostsC$/t-moved2.32Average Mine Operating CostsC$/t-milled6.03Processing Operating Cost[10]C$/t-milled7.937.9310.84Sc2O3 Processing Cost[11]C$/kg Sc2O3N/A939.55General & AdministrativeC$/t-milled2.562.562.56Total Operating CostsC$/t-milled16.2216.2222.96 Table 3: PEA Study Summary-Capital Expenditure and Financial MetricsMetricUnitScenario A1Scenario A2Scenario BCapital Expenditure Initial Capital CostsC$M3,5523,6013,828Sustaining Capital CostsC$M2,7552,7554,006Closure and Reclamation CostC$M503Financial Metrics Exchange RateCAD/USD1.37Long Term Copper PriceUS$/lb4.88Long Term Gold PriceUS$/oz3,272.60Long Term Silver PriceUS$/oz50.22Long Term Cobalt PriceUS$/lb19.57Long Term Scandium Oxide PriceUS$/kgN/A1,500Average Annual EBITDAC$M8861,0711,242Total EBITDAC$M22,16226,77031,041Average Annual Free Cash Flow (Pre-tax)C$M7569401,061Free Cash Flow (Pre-tax)[12]C$M18,90423,51126,532Total Provincial Tax (inc. BC Mineral Tax)C$M(4,029)(5,090)(5,772)Total Federal TaxC$M(1,274)(1,859)(2,170)Total TaxesC$M(5,303)(6,949)(7,942)Average Annual Free Cash Flow (Post-tax)C$M544662744Free Cash Flow (Post-tax)12C$M13,60116,56218,591Total Free Cash Flow (Pre-tax)[13]C$M15,35219,91022,704Total Free Cash Flow (Post-tax)12C$M10,05012,96114,763NPV 5% (Pre-tax)C$M7,88310,57611,043NPV 5% (Pre-tax)US$M5,7547,7208,061IRR (Pre-tax)%242923Payback (Pre-tax)yearsYear 5Year 4Year 6NPV 5% (Post-tax)C$M4,9636,7276,937NPV 5% (Post-tax)US$M3,6234,9115,064IRR (Post-tax)%192319Payback (Post-tax)YearsYear 6Year 5Year 7 Table 4 shows the Sensitivity analysis using after-tax NPV(5%) and after-tax IRR.Table 4: Sensitivity AnalysisVariableCase(%)Metal PriceScenario A1Scenario A2Scenario BNPV (5%) C$MIRR(%)NPV (5%)C$MIRR(%)NPV (5%)C$MIRR(%)Base Case Consensus forecast4,963196,727236,93719Copper Price-20US$3.90/lb Cu3,218154,807195,09415Copper Price+20US$5.86/lb Cu6,688238,632288,76422Gold Price-20US$2,618.08/oz3,625165,223195,20116Gold Price+20US$3,927.12/oz6,289228,222278,66122Metal Prices-20All metal prices1,708103,165142,65011Metal Prices+20All metal prices8,1182710,2333211,11026Initial CAPEX+20Variable per Scenario4,448166,222196,39416OPEX+20Variable per Scenario3,660165,438205,18516Scandium Oxide Price-40US$900/kg Sc2O3    6,15918Scandium Oxide Price+40US$2,100/kg Sc2O3    7,71420 MINERAL RESOURCE ESTIMATEDoubleview Gold Corp announced an update of the Mineral Resource estimate (MRE). This estimate followed the Micon International Ltd. (Micon) Mineral Resource estimate with an effective date of July 17, 2024. This MRE incorporates significant new data from the 2024 and 2025 exploration campaigns, with an effective date of February 4, 2026, and superseded the 2024 Micon estimate.Table 5: Hat MRE at a 0.2% CuEq Cut-Off Effective February 4, 2026Mineral Resource ClassificationTonnage(Mt)Average GradeMetal ContentCuEq(%)Cu(%)Au(g/t)Co(g/t)Ag(g/t)CuEq(Blb)Cu(Blb)Au(Moz)Co(Mlb)Ag(Moz)Measured2720.440.220.1876.260.372.611.111.4135.62.17Indicated3370.430.210.1976.810.393.211.311.8144.52.88Total M+I6090.430.210.1876.570.385.822.423.2280.15.05Inferred5030.410.180.1976.620.384.571.722.7766.24.19 Table 6: Hat MRE at a 0.2% CuEq Cut-Off as of February 4, 2026, Scandium Oxide ResourcesMineral Resource ClassificationTonnage(Mt)Sc Tonnage1(Mt)Average GradeSc (g/t)Metal ContentSc2O3 2 (t)Measured2723428.791,081Indicated3374228.761,334Total M+I6097628.772,415Inferred5036328.691,996 Notes: 1 Scandium tonnages represent 12.5% of the mineralized material by category, reflecting the proportion of tailings expected to be processed through a dedicated scandium leach circuit under current metallurgical design constraints.2 Scandium oxide metal content have been calculated using the metallurgical recovery of 72% and conversion factor from Sc to Sc2O3 of 1.534. Mineit's Qualified Person, Tomasz Wawruch, FAusIMM, completed the MRE, and has reviewed and approved the technical disclosure related to the MRE contained in this news release. Mr. Wawruch is a senior geology and mineral resource consultant independent of Doubleview. Mr. Gilles Arseneau, PhD., P.Geo., of ARSENEAU Consulting Services Inc., provided an independent review of this MRE.Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues.Inferred Mineral Resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as Mineral Reserves.The Mineral Resource Estimate was prepared in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards for Mineral Resources and Mineral Reserves (2014), and CIM MRMR Best Practice Guidelines (2019).The effective date of the MRE is February 4, 2026.Metal contents have been calculated using the following metallurgical recovery factors: Cu = 85%, Au = 89%, Co = 78%, and Ag = 68%.Economic assumptions used include US4.80/lb Cu, US20.00/lb Co, US3,200/oz Au, US46/oz Ag, and a 2% NSR royalty.Mineral Resources are reported within optimized open pit constraints and 0.2% CuEq cut-off grade, based on a C7.93/t milled processing cost and C2.90/t milled general and administrative cost, with a mining cost of C3.01/t plus incremental mining cost increasing by C0.015/t for every bench below the reference level of 1,125 mRL.CuEq calculations do not include scandium. The formula used to calculate CuEq is: CuEq = [(((Ag × 46.0 × 0.68)/31.1035) + ((Au × 3200 × 0.89)/31.1035) + 0.0001 × (Co × 20.0 × 0.78 × 22.0462) + 0.0001 × (Cu × 4.8 × 22.0462 × 0.85))/(4.8 × 22.0462 × 0.85)], where all input variables are expressed in (ppm) and CuEq is expressed in percent (%).Rounding may result in minor variations between individual values and totals; such differences are not considered material to the MRE.Mineral Resource classification reflects the level of geological confidence and satisfies the uncertainty criteria appropriate for exploration and resource development. Additional drilling will be required to reduce uncertainty to the level expected for production planning.The MRE reflects the geological interpretation, drill-hole spacing, and estimation parameters available at the time of modelling. Any additional drilling is expected to influence the current outcome by improving confidence in the estimates and refining the geometry of the mineralized domains.The Mineral Resource results are presented in situ within the optimized pit. Mineralized material outside the pit has not been considered as a part of the current MRE tabulation. Calculations used metric units (metres, tonnes, g/t).A total of 97 diamond drill holes, comprising 49,548 m of core, were incorporated into the Mineral Resource Estimate. All drilling data used in the MRE were subject to standard QA/QC validation prior to inclusion.PROCESSING SCENARIOSThe PEA evaluates two processing scenarios: (A) a conventional Cu-Au-Ag-Co flotation concentrator at 120,000 t/d (42 Mt/a) with two recovery cases-A1 based on metallurgical testwork completed by Sepro Laboratories (Langley, BC) and A2 reflecting target/expected performance-and (B) a full circuit that retains the base flowsheet and adds a downstream hydrometallurgical scandium recovery circuit.The concentrator consists of crushing, grinding, flotation, concentrate handling, and tailings management, producing both a saleable approximately 25% Cu concentrate with co-product gold and by-product silver-cobalt credits and a pyrite concentrate enriched in cobalt; in the full-circuit case, the pyrite concentrate is roasted to generate sulphuric acid and a calcine that is then processed to recover cobalt, gold, silver, and copper; after stripping it will be precipitated as a sulphide to be admixed to the copper concentrate to improve grade, with the acid used to leach flotation tailings for scandium recovery, noting that the scandium circuit is a newer chemical process compared with the otherwise industry-standard flowsheet.Under A1 or A2 (Figure 1), the flowsheet produces a single saleable product-a copper concentrate with payable gold credits; the pyrite concentrate is not treated or marketed in this case and is only processed in B where the hydrometallurgical circuit enables recovery of cobalt (and additional Au-Ag) and supports the scandium circuit (Figure 2), which is planned to be constructed in a phased approach commencing in Year 3 of operations.Figure 1: Grinding and Flotation Flowsheet; Scenarios A1/A2 Report Copper Concentrate Only, while the Cobalt-Pyrite Flotation Stream Shown Is Included Only in Scenario BTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8003/285945_7d43165cf4f1bb4d_001full.jpgFigure 2: Scenario B Hydrometallurgical Plant Block Flow Diagram, Showing Downstream Treatment of the Cobalt-Pyrite Stream and Flotation of Tailings to Recover Cobalt (and Au-Ag) and Scandium, Including Sulphuric Acid Generation to Support the Scandium CircuitTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8003/285945_7d8c82e63416eab6_003full.jpgTable 7 summarizes the head grades, concentrate grades, and overall metallurgical recoveries from early testwork for the full circuit; A1 assumes only the reported recoveries to the Cu-Au concentrate, while the cobalt-pyrite concentrate and downstream recoveries are considered only in B.Table 7: Attainable Recovery from TestworkProductGradeRecoveryCopper (%)Cobalt (ppm)Gold (g/t)Silver (g/t)Copper(%)Cobalt(%)Gold(%)Silver(%)Head Grade0.211320.342.9----Copper-Gold Concentrate251160126880306653Cobalt-Pyrite Concentrate0.301605285482315Combined Concentrates----85788968Tailings0.05400.051.015221132 Early metallurgical testwork comprised metallurgical characterization studies under standard laboratory conditions to demonstrate metals recoverability for inclusion in the estimate of CuEq. No attempt was made to optimize flotation conditions, and more advanced flotation testwork was not undertaken. Consequently, the reported metallurgical recoveries are considered conservative, and it is reasonable to expect improvement with further testwork.A2, assumes improved copper and gold recoveries of 89% and 75%, respectively, reflecting expected performance from comparable Cu-Au porphyry flotation circuits following further optimization and testwork.Table 8 summarizes the recoveries assumption on each scenario.Table 8: Net Recovery for Each ScenarioNet Recovery Scenario A1Scenario A2Scenario BCu Recovery80%89%85%Au Recovery66%75%89%Ag Recovery53%53%68%Co Recovery30%30%78% CAPITAL COST SUMMARYTable 9 presents the estimated capital cost breakdown for the three evaluated scenarios, separating initial CAPEX from sustaining CAPEX and reporting costs in C$M by major cost area (processing plant, mining, pre-stripping, infrastructure, tailings and water management, Indirects/EPCM, and contingency).Total initial CAPEX is estimated at C$3,552 million (A1), C$3,601 million (A2), and C$3,828 million (B), reflecting the higher processing plant scope and associated indirects/contingency in Scenario B.Total sustaining CAPEX is estimated at C$2,755 million (A1/A2) and C$4,006 million (B), with the increase in B driven primarily by the inclusion of the hydrometallurgical plant and scandium recovery circuit within sustaining capital, while mining, infrastructure, and tailings sustaining components remain broadly consistent across scenariosTable 9: Capital Cost SummaryCapital Cost Summary UnitScenario A1Scenario A2Scenario BInitial Capex    Processing Plant (Excl. Hydrometallurgical Plant)C$M1,6091,6451,810Mining CAPEXC$M394394394Mining Pre-StrippingC$M979797Infrastructure (Power/Water/Roads/Camp)[14]C$M326326326Tailings And Water ManagementC$M157157157Indirects + EPCMC$M258262278Contingency (25%)C$M710720766Total initial CAPEXC$M3,5523,6013,828Sustaining CAPEX    Processing Plant (Inc. Hydrometallurgical Plant)C$M2852851,194Mining CAPEXC$M811811811Infrastructure (Power/Water/Roads/Camp)C$M636363Tailings and Water ManagementC$M1,0651,0651,065Indirects + EPCMC$M142142233Contingency (25%)C$M390390640Total Sustaining CAPEXC$M2,7552,7554,006Closure and ReclamationC$M503503503 OPERATING COST SUMMARYTable 10 summarizes the key operating cost and selling terms used in the PEA, reporting unit costs in C$/t moved, C$/t milled, and (where applicable) C$/kg of scandium oxide, together with concentrate transport and selling costs, TC/RC, and payability assumptions.Average site operating costs are estimated at C$16.22/t milled for Scenario A (concentrate-only) and C$22.96/t milled for B, with the increase in B driven by the addition of hydrometallurgical processing and acid generation (C$3.09/t milled) and scandium oxide processing costs (C$939.55/kg Sc₂O₃).On a payable metal basis, the study reports C1 cash costs of C$2.4/lb CuEq (A1), C$2.39/lb CuEq (A2), and C$2.89/lb CuEq (B) and AISC of C$2.79/lb CuEq (A1), C$2.78/lb CuEq (A2), and C$3.39/lb CuEq (B), reflecting the combined effects of recoveries, co-product/by-product credits, and the additional operating requirements of the full circuit.ECONOMIC RESULTSTable 11 summarizes the key economic assumptions and resulting financial metrics for Scenarios A1, A2, B, including the long-term price deck, cash flow generation, taxation, and discounted valuation at a 5% discount rate. Using an exchange rate of 1.37 CAD: 1.00 USD and long-term prices of US$4.88/lb Cu, US$3,272.60/oz Au, US$50.22/oz Ag, and US$19.57/lb Co (and US$1,500/kg Sc₂O₃ for B), the Project generates average annual EBITDA of C$886 million (A1), C$1,071 million (A2), and C$1,242 million (B). On a post-tax basis, NPV(5%) is estimated at C$4,963 million (A1), C$6,727 million (A2), and C$6,937 million (B) with corresponding post-tax IRRs of 19%, 23%, and 19%, and post-tax payback in Year 6 (A1), Year 5 (A2), and Year 7 (B). Total post-tax free cash flow is estimated at C$10,050 million (A1), C$12,961 million (A2), and C$14,763 million (B), reflecting the higher cash generation under the improved recovery case (A2) and the additional revenue streams in Scenario B, partially offset by the added capital and operating requirements of the hydrometallurgical and scandium circuits.SENSITIVITY ANALYSISSensitivity cases were evaluated for the key value drivers using after-tax NPV (5%) and after-tax IRR, including ±20% copper and gold prices, +20% initial capital, +20% operating costs and, for B, a ±40% scandium price sensitivity.Overall, the sensitivity analysis demonstrates that the Project's after-tax economics remain positive across the tested ranges, with the greatest variability in after-tax NPV(5%) and IRR driven by simultaneous changes in the overall metal price deck. Changes to copper and gold prices individually have a meaningful but smaller effect, while +20% initial CAPEX and +20% OPEX reduce value but do not eliminate Project attractiveness in any of the evaluated scenarios. Scenario B shows additional exposure to scandium oxide price, with after-tax NPV(5%) varying within a narrower range relative to the broader multi-metal price cases, indicating that scandium provides incremental upside while the base-case Cu-Au Project remains financially robust on its own.PERMITTING, RISKS, AND NEXT STEPSPermitting and EnvironmentalPermitting StatusThe permitting process will be supported by the continuation of environmental baseline studies, progression of engineering designs, and the initiation of socio-economic and cultural baseline studies.Due to the anticipated rate of resource extraction, it is expected that the Hat Project will be subject to both federal and provincial impact assessment pathways, so submission to both the Impact Assessment Agency of Canada (IAAC) and British Columbia Environmental Assessment Office (B.C. EAO) for their review is currently anticipated. Agency determination will decide the appropriate level of agency collaboration under the existing cooperation agreement for the Hat Project to acquire a provincial Environmental Assessment Certificate (EAC) and/or federal Decision Statement.The company will also submit a Joint Mines Act and Environmental Management Act Application through the B.C. Major Mines Office. Additional federal authorizations, including Fisheries Act approvals and compliance with Metal and Diamond Mines Effluent Regulations (MDMER), and applicable provincial permits will be obtained concurrently with other assessment and permitting steps. This will not only support protection of the immediate environment through the life of the Project but also respect the rights of First Nations and promote social and economic wellbeing for local communities.Tailings and Water ManagementThe Tailings Storage Facility (TSF) includes a perimeter dyke primarily constructed from compacted cycloned sand. This material will be sourced from the coarse underflow of tailings processed through an on-site cyclone plant. Using the centreline raise method, the dam is designed to be free-draining, lowering the phreatic surface to facilitate geotechnical stability. During operations, seepage from the TSF will be directed to the process plant as reclaim water. Upon closure, the supernatant pond will be drained, and the tailings and dam surfaces will be reclaimed with a granular trafficability layer, followed by a growth medium and native revegetation.The water management strategy prioritizes the reuse of site-impacted water, directing TSF water, contact water from the waste rock storage facilities, and open-pit dewatering to the process plant for use as make-up water.Key Risks and OpportunitiesProject-wideTailings Storage Facility:The location and geometry of the TSF are subject to refinement following geotechnical investigations of the potential site areas. Similarly, the anticipated availability of cycloned sand and the storage requirements for the facility may be adjusted once laboratory testing of the tailings is conducted.The integration of this future site-specific data presents a significant opportunity to optimize the TSF design.Mineral Processing:Limited metallurgical and comminution data introduce uncertainty in equipment sizing and operating cost inputs; however, early results indicate the ore should be amenable to conventional Cu-Au flotation, with potential upside from improved recoveries and reduced reagent consumption through optimization.The scandium circuit is less mature and is sensitive to acid economics and hydrometallurgical performance, but offers meaningful value upside if recoveries, product quality, and operating stability are confirmed at larger scale.Mine Design:Pit slope design criteria and mine scheduling are subject to elevated uncertainty due to the limited geotechnical database, including incomplete definition of structural controls, rock mass variability, and groundwater conditions. This creates downside risk to slope angles, strip ratio, and operating conditions if adverse structures or hydrogeology are encountered; however, it also provides a clear opportunity to materially improve design confidence and potentially optimize slope geometry, mine sequencing, and dewatering requirements through focused data acquisition and updated analyses.Capital Cost estimates:As a PEA-level estimate, capital costs remain subject to the inherent uncertainty of a preliminary design basis and limited engineering definition; however, significant effort was undertaken to develop the estimate using a defined scope, preliminary equipment sizing, and factored/benchmark-based costing with appropriate indirects and contingency. This work provides a credible foundation for decision-making at this stage while also highlighting clear opportunities to optimize capital intensity through further engineering definition, value engineering, and targeted trade-off studies (e.g., comminution configuration, tailings strategy, infrastructure/power, and construction execution approach).Scandium specific:Scandium provides strategic upside given its small, concentrated global supply base and the growing premium placed on secure, qualified supply, but it carries higher execution and commercial risk due to limited scale-up testwork (variability, impurity control, reagent intensity), added residue-management and permitting complexity, and uncertainty around product specifications, pricing, and customer qualification.Next StepsResource:The Company is advancing the Project toward Pre-Feasibility by upgrading confidence in the current Mineral Resource estimate and improving definition of mineralization within the proposed mine plan area. The program will prioritize infill drilling to support conversion of Inferred Resources to Indicated (and, where appropriate, Measured), together with step-out drilling to test extensions of known mineralization and provide improved geological continuity for next-stage mine design, scheduling, and economic evaluation.Waste facilities:Field investigations will be conducted at potential TSF and waste rock storage sites to characterize subsurface conditions and identify suitable borrow materials for construction. These efforts will be supported by site-specific geotechnical and geochemical characterization of the tailings and waste rock. These data sets will inform a TSF design update to a Pre-Feasibility Study (PFS) level of engineering, encompassing an optimized siting and technology trade-off study.Metallurgy:Complete a comprehensive metallurgical testwork program on representative samples including comminution testwork (Bond Work Index, abrasion index, and related grindability tests) and metallurgical variability + locked-cycle flotation testing to define an optimal process flowsheet, mass balance, and optimized reagent scheme, and to produce samples for concentrate dewatering and preliminary smelter marketing.Progress the scandium work through targeted hydrometallurgical optimization including pulp density, free acidity/acid consumption, SX staging and extractant concentration, followed by an integrated pilot trial on bulk samples to validate scandium recovery, product quality, and circuit operability.Mine Design:A phased geotechnical program is recommended that includes re-analysis of existing boreholes (re-logging and detailed structural mapping, including oriented-core interpretation where available), establishment of geotechnical domains, targeted drilling and field mapping to confirm discontinuity sets and persistence, and hydrogeological data collection to constrain pore pressures and inflows. These data will support updated kinematic assessments and slope design analyses, refinement of inter-ramp and overall slope angles, and improved inputs to mine planning, risk management measures, and capital/operating cost estimates.Capital Costs Estimation:As the Project advances to PFS, the estimate will be progressively refined by advancing engineering to a higher level of definition, updating quantities and vendor inputs for major equipment and packages, tightening indirects and construction productivity assumptions, and executing focused optimization and constructability reviews to reduce contingency and improve overall cost confidence.NI 43-101 DISCLOSURE, QUALIFIED PERSONS, AND CAUTIONARY STATEMENTSQualified PersonsThe scientific and technical information in this news release has been reviewed and approved by the following Qualified Persons (as defined under NI 43-101):Tomasz Wawruch, FAusIMM, Senior Geology and Mineral Resource Consultant of Mineit Consulting Inc. (responsible for the Mineral Resource estimate).Andrew Carter, EUR ING, B.Sc., CEng., MIMMM (QMR), MSAIMM, SME, of Magister Metallurgy (responsible for metallurgical studies and recovery processes).Shervin Teymouri, P.Eng., Mining Engineer of Mineit Consulting Inc. (responsible for project management, mining engineering, capital and operating cost estimates, and financial analysis).Andre de Ruijter, P.Eng., Mineit Consulting Inc, Process Engineer (process design, process capital and operating cost lead).Franky Li, P.Eng., EMM Consulting Pty Ltd (responsible for tailings management and TSF design, tailings capital and operating cost)Jayesh Rami, P.Eng., Infrastructure Engineer of Sacre-Davey Engineering Inc. (responsible for project infrastructure)Preliminary Economic Assessment Cautionary StatementThe Preliminary Economic Assessment (PEA) for the Hat Project is preliminary in nature and includes Inferred Mineral Resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as Mineral Reserves. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. The PEA provides a conceptual mine plan and is based on low-level technical and economic assessments that are insufficient to support an evaluation of the economic viability of the Project or to establish Mineral Reserves. There is no certainty that the results of the PEA will be realized. Further exploration and site-specific engineering studies are required before a higher level of confidence can be established for the Project's economics.The economic analysis in the PEA is based on several assumptions including, but not limited to, long-term metal prices, foreign exchange rates, metallurgical recoveries, and capital and operating cost estimates. These assumptions are subject to significant risks and uncertainties, and actual results may differ materially from those projected. Readers are cautioned not to place undue reliance on the PEA or the forward-looking information contained in this release.Forward-Looking InformationCertain of the statements made and information contained herein may constitute "forward-looking information" within the meaning of applicable Canadian securities laws. Often, these forward-looking statements can be identified using words such as "anticipates," "believes," "continue," "estimates," "expects," "forecasts," "intends," "plans," "projected," or the negatives thereof or variations of such words and phrases. Forward-looking statements in this news release include, but are not limited to, statements with respect to: the results of the Preliminary Economic Assessment for the Hat Project; the estimation of mineral resources; anticipated annual production of copper, gold, cobalt, and scandium; the after-tax NPV and IRR of the Project; forecasted AISC and Total Cash Costs; estimated initial and sustaining capital costs; the timing of a Pre-Feasibility Study; the timeline for permitting milestones and construction decisions; planned early works and infrastructure upgrades; and the Company's ability to maintain strong community and First Nations partnerships.Forward-looking statements are based on a number of assumptions that management considers reasonable at the time they are made, including assumptions regarding: the future prices of copper, gold, cobalt, and scandium; foreign exchange rates; metallurgical recoveries; the cost of essential consumables; and the geopolitical and regulatory climate in British Columbia. However, such statements involve known and unknown risks and uncertainties which may cause actual results to differ materially. These risks include but are not limited to inaccurate estimation of mineral resources; volatility in metal prices; the results of future exploration and development activities; liquidity and financing risks; failure to obtain necessary permits; geotechnical conditions; and changes in applicable mining laws. The PEA is preliminary in nature and includes Inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. Except as required by law, the Company undertakes no obligation to update or revise forward-looking information as conditions change.Non-GAAP Financial MeasuresThe Company has included certain performance measures in this news release that are not specified, defined, or determined under Generally Accepted Accounting Principles (GAAP). These non-GAAP measures are common in the mining industry but do not have standardized definitions and may not be comparable to similar measures presented by other issuers. Readers should not consider these measures in isolation or as a substitute for performance measures prepared in accordance with GAAP.Total Cash Costs: The Company calculates total cash costs as the sum of mining, processing, refining and transport, G&A, and royalty costs. Cash costs per unit are calculated by dividing the total cash costs by the payable Copper Equivalent (CuEq) units.All-In Sustaining Cost: AISC is a non-GAAP financial measure comprising of total cash costs, sustaining capital expenditures to support ongoing operations, and closure costs. AISC per unit is calculated by dividing the total all-in sustaining costs by the payable CuEq units.Sustaining Capital: This is a supplementary financial measure reflecting cash-basis expenditures expected to maintain operations and sustain production levels over the life of the mine.About Doubleview Gold Corp.Doubleview Gold Corp., a mineral resource exploration and development company based in Vancouver, British Columbia, Canada, is publicly traded on the TSX Venture Exchange [TSX-V: DBG], the OTCQB [DBLVF], the Berlin Stock Exchange [GER: A1W038], and the Frankfurt Stock Exchange [1D4]. Doubleview identifies, acquires, and finances precious and basemetal exploration projects in North America, particularly in British Columbia. The Company increases shareholder value through the acquisition and exploration of quality gold, copper, cobalt, scandium, and silver properties-collectively critical minerals-and through the application of advanced, state-of-the-art exploration methods. Doubleview's portfolio of strategic properties provides diversification and mitigates investment risk.About Mineit Consulting Inc.Mineit Consulting Inc. (Mineit) is an independent mining engineering consulting company providing specialized expertise in project management, geological modelling, Mineral Resource estimation, mining engineering, metallurgical, and process engineering. Mineit lead and prepared the Hat Project MRE and PEA, with assistance from other engineering firms, for the Hat Project in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards on Mineral Resources and Reserves.For further information please contact:Doubleview Gold CorpVancouver, BCFarshad ShirvaniPresident & CEOInstitutional Line: (604) 607-5470T: (604) 678-9587E: corporate@doubleview.caNEITHER 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.Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the Mineral Resource Estimate and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285945 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Rouyn-Noranda, Quebec--(ACN Newswire via SeaPRwire.com - March 2, 2026) - Radisson Mining Resources Inc. (TSXV: RDS) (OTCQB: RMRDF) ("Radisson" or the "Company") is pleased to report an updated Mineral Resource Estimate ("MRE") at its 100%-owned O'Brien Gold Project ("O'Brien" or the "Project") located in the Abitibi region of Québec. The Company is currently undertaking a fully-funded 140,000-metre step-out drill program at the Project with the objective of determining the scope of mineralization to a depth of 2 kilometres. This program commenced in 2025 and is expected to continue through the first half of 2027. Today's updated MRE is an interim report that demonstrates the impact of recent drilling successes completed as of December 31, 2025. Highlights include:82% increase in Inferred Mineral Resources from step-out drilling intersecting new mineralization, with 1.69 million ounces ("Moz") in 10.37 million tonnes ("Mt") at 5.08 grams per tonne ("g/t") gold ("Au");8% increase in Indicated Mineral Resources with 0.63 Moz in 3.49 Mt at 5.59 g/t Au;Estimated using US$2,500/oz Au and 2.2 g/t Au cut-off, with a refined geological model and capping strategy, establishing the go-forward basis for future, modern mine development.Matt Manson, President and CEO: "Today we report the first of several planned, step-by-step updates to the MRE at the O'Brien Gold Project, quantifying the impact of our recent drilling success and establishing a clear foundation for future, modern mine development. With just 25% of our 140,000 metre step-out drill program completed, the new vein mineralization delineated beneath the historic mine workings and the previous mineral resource volume (Radisson news release dated February 12, 2026) has resulted in an 82% increase in the quantity of Inferred Mineral Resources, now 1.69 Moz (10.37 Mt at 5.08 g/t Au). At the same time, we have refined the estimate of Indicated Mineral Resources, incorporating more tonnes at a lower average grade for an 8% increase in contained ounces, now 0.63 Moz (3.49 Mt at 5.59 g/t Au). Our estimates utilize a 2.2 g/t Au cut-off at a reasonable gold price assumption of US$2,500/oz.""The former O'Brien Mine was known for high-grade ore-shoots mined in small volumes. Mining ended in 1957 with the gold price at US$35/oz. Significant volumes of mineralized vein material, below what we believe to have been a 7 g/t to 8 g/t Au cut-off, were left untouched. Now, we are presenting the Project as it should be viewed for future development: not as a bespoke deposit of extreme grade and limited scale, but as an extensive Abitibi vein deposit with a substantial inventory of mineralized material amenable to modern mechanized mining at higher throughput." "Our step-out drill campaign at O'Brien is ongoing with up to eight rigs. We expect to complete 72,500 metres in 2026 and 32,500 metres in the first half of 2027. This is in addition to the meterage supporting today's updated MRE. The vein mineralization system we have been intersecting is open at depth. In fact, since our step-out drilling began in the fall of 2024, we have been seeing an impressive 84% success rate in intercepting classic O'Brien quartz-sulphide-gold veins with grades and thicknesses consistent with today's updated MRE. Looking to a 2-kilometre exploration floor, we believe an appropriate Exploration Target at O'Brien is another 5 Mt to 10 Mt at grades of between 4.0 g/t and 6.0 g/t Au containing 0.6 Moz to 2.0 Moz. We expect to complete further step-by-step updates to the MRE as our drilling progresses."Cautionary statement: Readers are cautioned Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, socio-political, marketing, or other relevant issues including risks set forth in Radisson's filings made with Canadian securities regulatory authorities. The potential quantity and grade of an Exploration Target is conceptual in nature, there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.A video presentation of today's news by Matt Manson can be found at https://www.youtube.com/watch?v=5IZwSSYbO70.Mineral Resource Estimate (effective January 31, 2026)The MRE is based on 428,440 metres of drilling completed to the end of December 31, 2025, and has been authored by SLR Consulting (Canada) Ltd. ("SLR"). The estimate utilizes a 2.2 g/t Au cut-off at US$2,500/oz and makes certain assumptions on mining and processing costs, currency exchange rate, and metallurgical recovery (Table 1 and Figure 1). A wireframe vein model prepared by Radisson and reviewed by SLR constrains the estimate and applies a minimum width of 1.2 metres. Individual assays are capped at 60 g/t Au prior to compositing to full width of the veins, and the block model utilizes 5 by 2 by 5 metre blocks consistent with recent mine design studies.Table 1: Mineral Resource Estimate, Effective January 31, 2026CategoryTonnes (kt)Grade (g/t Au)Oz (koz Au)Indicated3,4935.59628Inferred10,3685.081,692Notes:Prepared in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards (2014) and Best Practice Guidelines of Mineral Resources and Reserves (2019).Mineral resources are reported above a cut-off grade of 2.2 g/t Au based on a C$215/t operating cost, a long-term gold price of US$2,500/oz Au, a US$/C$ exchange rate of 1:1.33, and a metallurgical recovery of 90%. Wireframes were modelled at a minimum width of 1.2 m.Bulk density varies by deposit and lithology and ranges from 2.76 t/m³ to 2.87 t/m³. Individual assays were capped at 60 g/t Au prior to compositing to full vein width.Mineral resources that are not mineral reserves do not have demonstrated economic viability. Numbers may not add due to rounding. An MRE for the Project was previously published in March 2023 (Radisson news release dated March 2, 2023) based on 325,509 metres of drilling completed to the end of 2022. Indicated Mineral Resources (effective March 2, 2023) were estimated at 0.50 Moz (1.52 Mt at 10.26 g/t Au) with additional Inferred Mineral Resources of 0.45 Moz (1.60 Mt at 8.66 g/t Au). The 2023 study applied a 4.5 g/t Au cut-off at US$1,600/oz Au.In July 2025, Radisson published a Preliminary Economic Assessment ("PEA") for the Project that utilized the 2023 estimate re-blocked by SLR in the Z-direction from 10 metres to 5 metres to allow for more flexible underground mine design. A cut-off of 2.2 g/t Au at US$2,000/oz Au and an updated set of economic criteria were applied in the re-blocking exercise consistent with the parameters used for the optimization of the PEA's underground mine schedule. No other changes were made. Indicated Mineral Resources (effective May 6, 2025) were estimated at 0.58 Moz (2.20 Mt at 8.22 g/t Au) with additional Inferred Mineral Resources of 0.93 Moz (6.67 Mt at 4.35 g/t Au).The updated MRE released today benefits from 66,387 metres of additional drilling in 122 drill holes conducted between 2023 and 2025, which is the most significant factor in the increase of Inferred Mineral Resources (Figure 2). Radisson has also validated an additional 36,544 meters of historic drilling. The updated MRE utilizes similar estimation parameters to previously, but a more restrictive approach to capping. In the March 2023 estimate, and as incorporated in the re-blocked May 2025Figure 1: Block Models for the Mineral Resource Estimates Effective May 6, 2025 (Top) with Recently Published Drill Results and the Updated MRE Effective January 31, 2026 (Bottom) To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/285831_ef6502aeb443086a_001full.jpgestimate, capping at 40 g/t Au was applied to the full-length composites. In the updated MRE, capping has been applied at 60 g/t Au to the underlying assays prior to compositing. This has the effect of reducing the average grade by approximately 12%, and in the opinion of Radisson and SLR is an appropriate approach to a narrow high-grade vein deposit such as O'Brien.Figure 2: 3D View of Block Model by Resource Classification (Left) and Gold Grade (Right) Illustrating Volume Utilized in the Previous May 2025 MRE To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/285831_ef6502aeb443086a_002full.jpgCompared to previous estimates, the aggregate impact on the Indicated Mineral Resources of the new drilling, the 2.2 g/t Au cut-off, and the updated capping strategy has been to add more tonnes at a lower average grade for an overall increase in contained ounces. The aggregate impact of these three factors on the Inferred Mineral Resources has been the addition of more tonnes at a higher average grade for an overall increase in contained ounces. Indicated Mineral Resources have increased by 8% to 0.63 Moz, based on an increase in tonnes of 58% to 3.49 Mt and a decrease in grade of 32% to 5.59 g/t Au. Inferred Mineral Resources have increased by 82% to 1.69 Moz, based on an increase in tonnage of 55% to 10.37 Mt and an increase in grade of 17% to 5.08 g/t Au.O'Brien's system of Quartz-Sulphide-Gold vein mineralization remains open to depth across a broad front beneath the historic mine workings and the updated MRE. The potential continuation of this mineralization to a 2 kilometres depth defines an Exploration Target of an additional 5 Mt to 10 Mt at grades of between 4.0 g/t and 6.0 g/t Au containing 0.6 Moz to 2.0 Moz. The potential quantity and grade of an Exploration Target is conceptual in nature, there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.Table 2: Sensitivities of the Mineral Resource Estimate Based on Cut-OffTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/285831_ef6502aeb443086a_003full.jpgA New Vision for the O'Brien Gold ProjectThe historic O'Brien mine produced over half a million ounces of gold at an average grade exceeding 15 g/t Au. It is clear that the former mine was "high-graded", with manual mining methods applied to the highest-grade veins and ore shoots at an estimated cut-off grade of 7 g/t to 8 g/t Au. Parallel but lower-grade mineralized zones, which would be well above an economic cut-off grade today, were left unmined.The updated MRE does not incorporate any mineral resources potentially remaining in the former mine. However, in applying the lower grade cut-off of 2.2 g/t Au based on a gold-price estimate of US$2,500, the new estimate captures the overall volume attributes of the O'Brien mineralizing system, with more tonnes and more ounces at a lower average grade. This has the benefit of improving the continuity of mineralization for future mine planning, with larger stopes and more development headings supporting a higher potential mining rate. The Project has existing mining infrastructure to support such a vision, such as a shaft in the former mine extending to a 1,000 metres depth and multiple mills in the region with significant future capacity.Table 2 illustrates sensitivities on Indicated and Inferred Mineral Resources and the MRE block model based on cut-off grade. These are:a) 8.0 g/t Au (US$700/oz) representing the former mine,b) 4.5 g/t Au (US$1,250/oz) representing the MRE effective March 2, 2023,c) 2.2 g/t Au (US$2,500/oz) representing the updated MRE, andd) 1.5 g/t Au (US$3,800/oz) representing the recent long-term consensus price of gold.The comparison clearly indicates the relationship between volume and grade based on cut-off, the directionality of steeply-plunging grade shoots at O'Brien, and the increased continuity of mineralization achieved at progressively lower cut-offs.Gold Mineralization at O'Brien and Step-Out Drill ProgramGold mineralization at O'Brien occurs within quartz-sulphide veins developed primarily within the interlayered mafic volcanic rocks, conglomerates, and porphyritic andesitic sills of the Piché Group occurring in contact with the regionally significant Larder Lake-Cadillac Break ("LLCB"). Individual veins are generally narrow, ranging from several centimetres up to several metres in thickness, and are associated with mineralized alteration envelopes of up to several metres in thickness. Multiple veins occur sub-parallel to each other, as well as sub-parallel to the Piché lithologies and the LLCB. As mapped at the historic O'Brien mine, and now replicated in the modern drilling, individual veins have well-established lateral continuity, with steeply plunging grade shoots developed over significant lengths.Since the end of 2024, Radisson has been pursuing a program of broad step-out drilling at O'Brien with the objective of determining the overall scope of mineralization at the Project to a depth of 2 kilometres (Figure 1). The priority is the quantity and distribution of mineral resources with step-outs rather than in-filling to upgrade the classification of the existing mineral resources.This drilling is accomplished with pilot holes followed by wedges and directional drilling to maximize drill efficiency. In October 2025, Radisson announced the expansion of the program to 140,000 metres employing an eventual eight drill rigs (see Radisson news release dated October 16, 2025). An initial 35,000 metres of the program were completed in 2025, with 72,500 metres budgeted for 2026, and a further 32,500 metres scheduled for the first half of 2027.QP DisclosureDisclosure of a scientific or technical nature in this news release was prepared under the supervision of Mr. Richard Nieminen, P.Geo., (QC), a geological consultant for Radisson and a Qualified Person for purposes of NI 43-101. Mr. Luke Evans, M.Sc., P.Eng., ing., of SLR Consulting (Canada) Ltd., is the Qualified Person responsible for the preparation of the MRE at O'Brien. Both Mr. Nieminen and Mr. Evans are independent of Radisson and the O'Brien Gold Project.About Radisson MiningRadisson is a gold exploration company focused on its 100% owned O'Brien Gold Project, located in the Bousquet-Cadillac mining camp along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Québec. A July 2025 PEA described a low cost and high value project with an 11-year mine life and significant upside potential based on the use of existing regional infrastructure. Indicated Mineral Resources are estimated at 0.63 Moz (3.49 Mt at 5.59 g/t Au), with additional Inferred Mineral Resources estimated at 1.69 Moz (10.37 Mt at 5.08 g/t Au). Please see the NI 43-101 "O'Brien Gold Project Technical Report and Preliminary Economic Assessment, Québec, Canada" effective June 27, 2025, and other filings made with Canadian securities regulatory authorities available at www.sedarplus.ca for further details and assumptions relating to the O'Brien Gold Project. For more information on Radisson, visit our website at www.radissonmining.com or contact:Matt MansonPresident and CEO416.618.5885mmanson@radissonmining.comKristina PillonManager, Investor Relations604.908.1695kpillon@radissonmining.comForward-Looking StatementsThis news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections, and interpretations as at the date of this news release. Forward-looking statements including, but are not limited to, statements with respect to the ability to execute the Company's plans relating to the O'Brien Gold Project as set out in the Preliminary Economic Assessment; the Company's ability to complete its planned exploration and development programs; the absence of adverse conditions at the O'Brien Gold Project; the absence of unforeseen operational delays; the absence of material delays in obtaining necessary permits; the price of gold remaining at levels that render the O'Brien Gold Project profitable; the Company's ability to continue raising necessary capital to finance its operations; the ability to realize on the mineral resource and mineral reserve estimates; assumptions regarding present and future business strategies; local and global geopolitical and economic conditions and the environment in which the Company operates and will operate in the future; planned and ongoing drilling; the significance of drill results; the ability to continue drilling; the impact of drilling on the definition of any resource; and the ability to incorporate new drilling in an updated technical report and resource modelling; the Company's ability to grow the O'Brien Gold Project; and the ability to convert inferred mineral resources to indicated mineral resources.Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements Forward-looking information is based on estimates of management of the Company, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the companies to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others; the risk that the O'Brien Gold Project will never reach the production stage (including due to a lack of financing); the Company's capital requirements and access to funding; changes in legislation, regulations and accounting standards to which the Company is subject, including environmental, health and safety standards, and the impact of such legislation, regulations and standards on the Company's activities; price volatility and availability of commodities; instability in the global financial system; the effects of high inflation, such as higher commodity prices; the risk of any future litigation against the Company; changes in project parameters and/or economic assessments as plans continue to be refined; the risk that actual costs may exceed estimated costs; geological, mining and exploration technical problems; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; risks relating to the drill results at O'Brien; the significance of drill results; and the ability of drill results to accurately predict mineralization. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company believes that this forward-looking information is based on reasonable assumptions, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law. These statements speak only as of the date of this news release.Please refer to the "Risks and Uncertainties Related to Exploration" and the "Risks Related to Financing and Development" sections of the Company's Management's Discussion and Analysis dated April 29, 2025 for the year ended December 31, 2024, and the Company's Management's Discussion and Analysis dated November 26, 2025 for the three month period ended September 30, 2025, all of which are available electronically on SEDAR+ at www.sedarplus.ca. All forward looking statements contained in this press release are expressly qualified by this cautionary statement.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.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285831 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

- The Shang Residence is a freehold residential project comprising 449 exclusive units in Kuchai Lama, an established residential township in Kuala Lumpur with existing amenities, schools, and healthcare facilities.- Within walking distance to the proposed MRT Line 3 (Jalan Klang Lama Station), The Shang Residence is also minutes from lifestyle and retail hubs such as Mid Valley Megamall, Bangsar South, and KL Eco City, with convenient access via major highways such as NPE, KESAS, MEX, and the Federal Highway.- Positioned as a modern urban sanctuary designed for multi-generational families,  The Shang Residence has resort-inspired lifestyle facilities and communal spaces including a 30m infinity pool, fitness studio, yoga & pilates studio, Himalayan salt sauna, pickleball court, sky dining pavilion, party pavilion & hotpot pavilion, mini theatre & KTV rooms, co-working lounge and private meeting suites, among others.SINGAPORE, Mar 2, 2026 - (ACN Newswire via SeaPRwire.com) - Lincotrade & Associates Holdings Limited, (“Lincotrade” or the “Company” or “立鎧企業” and together with its subsidiaries, the “Group”), a specialist in interior fitting-out services, ispleased to announce its Group’s associate, Linc Venture Land Sdn. Bhd. (“Linc Venture”), in Malaysia has unveiled The Shang Residence (“The Shang Residence”), a freehold residential project located in Kuchai Lama, Kuala Lumpur, in a soft launch ceremony on 28 February 2026.The official launch of The Shang Residence is currently expected to take place by June 2026 and the project is expected to be completed by 2029.CEO of Lincotrade, Mr. Jackie Soh Loong Chow (苏隆昭先生) said: “The Shang Residence marks our maiden property development in Kuala Lumpur, and we are pleased to collaborate with established and reputable partners on this milestone project.We are confident that its strategic location in Kuchai Lama, combined with thoughtfully curated resort-inspired facilities and convenient access, will resonate with discerning homeowners who prioritise elevated urban living with long-term value retention.The limited supply of freehold residential developments in a mature enclave like Kuchai Lama further enhances the attractiveness of The Shang Residence, particularly with the new Jalan Klang Lama Station.”Managing Director of Linc Venture, Mr. Alan Tee Kai Loon (郑凯伦先生) added: “Designed with a thoughtful range of layouts that prioritise functionality and everyday liveability, The Shang Residence seamlessly integrates purposeful design anchored on four key pillars — Harmony, Vitality, Precision and Stewardship. Each element has been carefully curated to deliver a resort-inspired living experience within a vibrant urban setting.The Shang Residence reflects our vision of creating well-located homes that combine thoughtful design with lifestyle-driven amenities, offering residents both comfort and enduring value.”About Lincotrade & Associates Holdings Limited(Bloomberg Code: LINASC:SP  / SGX Code: BFT.SI)Established in 1991 and based in Singapore, Lincotrade has over 30 years of experience in the interior fitting-out industry and have established a proven business track record since its inception. Since 2006, Lincotrade has had its own in-house processing facility to process, assemble and manufacture Carpentry Products to support and complement its interior fitting-out services.Lincotrade is engaged in the provision of interior fitting-out services, additions and alterations (“A&A”) works and other building construction services primarily for the following three segments:(a) commercial premises, such as offices, hotels, shopping malls and food and beverage establishments;(b) residential premises such as condominium developments; and(c) showflats and sales galleries.Lincotrade’s interior fitting-out projects encompass space planning and lay-out, interior construction and finishing works on floorings, ceilings, partitions, doors, fixtures and fittings, mechanical, electrical and plumbing works such as air-conditioning installation, water and sewage fit-outs, lighting, power and other works. Lincotrade also provide A&A works include minor alterations, extension, conversion and upgrading of buildings as well as minor repair and improvement works. In addition, Lincotrade provides building construction services which mainly consist of the construction of showflats and sales galleries.During FY2025, Lincotrade also ventured into property development business via Linc Venture Land Sdn. Bhd. in Malaysia.As part of its sustainability strategy, the Group has an established environmental management system to enhance its environmental performance and reduce its impact on the environment.In addition to its commitment in the reduction of on-site energy consumption and construction waste, the Group has been using environmentally friendly materials, such as laminate and veneer made from reconstructed or recycled material, in its projects to reduce lumbering of forests. The Group was awarded the Singapore Green Label by the Singapore Environmental Council for its wooden panel doors which are made from renewable and sustainable materials.For more information, please visit their website at http://www.lincotrade.com.sgIssued on behalf of Lincotrade & Associates Holdings Limited by 8PR Asia Pte Ltd.Media & Investor Contacts:Mr. Alex TANMobile: +65 9451 5252Email: alex.tan@8prasia.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

$14.1M NRCan-Funded Program Begins with Six-Tonne Bulk Sample to Produce 500 kg High-Purity Graphite for Reactor Engineering and Product ValidationOttawa, Ontario--(ACN Newswire via SeaPRwire.com - March 2, 2026) - Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) ("Focus" or the "Company"), a Canadian developer of high-grade flake graphite deposits and advanced graphite materials for battery, defence, and industrial applications, is pleased to announce that it has shipped a six-tonne bulk ore sample from its 100%-owned Lac Knife Graphite Project ("Lac Knife" or the "Project") to SGS Canada Inc. ("SGS") in Lakefield, Ontario, officially commencing pilot-scale processing under its Natural Resources Canada ("NRCan") funded demonstration program. The program is designed to produce approximately five hundred (500) kilograms of graphite concentrate to support downstream thermal purification, final reactor engineering, and product validation initiatives.The six-tonne sample will undergo crushing, blending, head assays and metallurgical benchmarking prior to pilot-scale processing. SGS will operate a batch pilot flotation circuit to generate high-grade graphite concentrate targeting approximately 95% graphitic carbon. Final concentrate will be dried and screened into size fractions suitable for subsequent purification testing. The Company anticipates that concentrate will be produced and shipped to its technology partner, Thermal & Material Engineer Center ("TMEC"), within approximately eight to nine weeks to support the commencement of final reactor design work, with the balance of the three-month program consisting primarily of data compilation and reporting activities.As previously announced on December 8, 2025, the Company formalized a funding agreement for up to $14.1 million in non-repayable contributions under NRCan's Global Partnerships Initiative ("GPI"). The Honourable Tim Hodgson, Minister of Energy and Natural Resources said, "As global demand for critical minerals accelerates, Canada is ready to lead. Focus Graphite's work at Lac Knife shows how we can build a fully Canadian value chain-from resource to high-purity graphite-and strengthen our economic security in the process. Advancing pilot-scale processing here at home supports good jobs, attracts investment and reinforces Canada's position as a trusted supplier in a changing world."Claude Guay, Parliamentary Secretary to the Minister of Energy and Natural Resources, added, "Today's progress at Lac Knife shows how Canadian companies are translating ambition into action. By advancing pilot-scale processing here in Canada, Focus Graphite is helping build the downstream capacity that supports good jobs, strengthens regional economies and positions Canada to supply the advanced materials our partners rely on."Richard Pearce, Technical Advisor to Focus, stated, "SGS Lakefield is a globally recognized leader in mineral processing and pilot-scale metallurgical testing and has extensive familiarity with the Lac Knife flowsheet. This bulk sample program represents a key milestone as we advance Lac Knife toward vertically integrated, high-purity graphite production in Canada. Generating pilot-scale concentrate materially de-risks scale-up and accelerates our pathway toward commercial demonstration."The concentrate generated through this program will serve two primary strategic objectives. Material shipped to TMEC will support final engineering, detailed design optimization and preparation of construction-level specifications for the Company's thermal purification plant reactor, representing a critical step toward fabrication and demonstration-scale production. In parallel, a portion of the concentrate will be retained for customer qualification and product validation initiatives, enabling engagement with potential end users across battery, defence, and advanced materials sectors. Together, these workstreams advance Focus' objective of establishing an integrated, Canadian supply chain pathway from resource to high-purity graphite product.High-purity graphite is an essential material used in lithium-ion batteries, energy storage systems, advanced defense applications and high-technology manufacturing. Establishing domestic production capacity for graphite concentrate and purification is increasingly viewed as strategically important for supply chain security, advanced manufacturing competitiveness and energy transition objectives.In parallel with metallurgical testing, Focus has conducted site visits to multiple potential host facilities in Quebec and Ontario for installation of its planned thermal purification demonstration plant. The Company is actively evaluating existing industrial infrastructure, utilities access, logistics networks and permitting pathways as it advances final reactor design in collaboration with its technology partner.The Company will provide further updates as pilot-scale processing progresses and as additional milestones are achieved.Qualified PersonThe technical content disclosed in this news release was reviewed and approved by Richard Pearce, PE, President of Brasil Insight Capital LLC., a consultant to the Company, and a qualified person as defined under National Instrument NI 43-101.About Focus Graphite Advanced Materials Inc. Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Our flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defense, and advanced materials industries.Our Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, we go beyond mining - we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.Our commitment to innovation ensures a chemical-free, eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals - reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.For more information on Focus Graphite Inc. please visit http://www.focusgraphite.comLinkedIn: https://www.linkedin.com/company/focus-graphite/X: https://x.com/focusgraphiteInvestors Contact: Dean HanischCEO, Focus Graphite Inc.dhanisch@focusgraphite.com+1 (613) 612-6060Jason LatkowcerVP Corporate Developmentjlatkowcer@focusgraphite.comCautionary Note Regarding Forward-Looking StatementsCertain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could," "intend," "expect," "believe," "will," "projected," "estimated," and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company's current beliefs or assumptions as to the outcome and timing of such future events.In particular, this press release contains forward-looking information regarding, among other things, the completion and timing of the six-tonne bulk sample program at SGS; the anticipated production of approximately 500 kilograms of high-grade graphite concentrate; the expected performance and outcomes of pilot-scale flotation and purification testing; the use of concentrate to support reactor engineering, purification demonstration and product validation activities; the advancement of a Canadian-based graphite purification demonstration facility supported by NRCan's GPI; the development of a vertically integrated graphite supply chain in Canada; and the Company's plans and objectives for the Lac Knife Project.Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company's public disclosure documents available under its profile on SEDAR+.The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.Neither TSX Venture Exchange nor its Regulation Services 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/285904 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com