Vancouver, British Columbia–(Newsfile Corp. – August 29, 2025) – Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) (www.mundoro.com) ("Mundoro" or the "Company") is pleased to provide an update on its exploration activities across its portfolio of projects, including in partnerships with BHP Billiton (UK) DDS Limited ("BHP") and Japan Organization for Metals and Energy Security ("JOGMEC"), and the filing of its the condensed interim consolidated Financial Statements and Management's Discussion and Analysis (MD&A) for the three-month and six-month periods ended June 30, 2025, and 2024, on SEDAR+.

Q2-2025 Highlights and H2-2025 Outlook

• Partnered Programs with BHP in Serbia: Drill testing was completed in July at a new target in the Borsko Project. A priority for H2-2025 is the execution of a drill program at the Trstenik Project, pending final permits.

• Advancement of Discussions for the Company's Portfolio in Timok: The Company entered into a Letter of Intent (LOI) with a third party for an exclusivity period through September 2025 related to seven of the Company's 100%-owned exploration licenses in Timok region of Serbia.

• Advancement of USA Portfolio: Executed a property agreement at the Copperopolis Project in Arizona and completed a geochemical program with results expected in Q3-2025. The partner-seeking process continues for the drill-ready Dos Cabezas Project.

BHP-Mundoro Projects, Serbia

Exploration continued across the five licenses that are part of the earn-in agreement with BHP.

Borsko Project

• Q2-2025 Exploration Activities:

• Geophysics: A 3D inversion model from the ground Audio-Magnetotelluric (AMT) survey was received.

• Geochemistry: Green Rock analysis was completed at the end of the quarter.

• Drilling: Drill testing was initiated near the end of the quarter at a new target area in the northwest portion of the license.

• H2-2025 Exploration Plans:

• Drilling & Analysis: The drill program at the northwest target was completed in July and will be followed by analysis of the results.

• Data Integration: The ground AMT geophysical model will be integrated and analyzed in Q3-2025 to refine drill targets. Resampling of approximately 63% of historical drillhole pulps will be undertaken to consolidate geochemical data.

• Geochronology: A molybdenite sample will be analyzed to estimate the timing of mineralization.

Trstenik and Crvena Zemlja Projects

• Q2-2025 Exploration Activities:

• Field Work: Mapping was conducted in the central target area, focusing on areas with elevated magnetic geophysical data.

• Modeling: Analysis of geophysical, geochemical, and spectral drilling data was performed to outline an optimal drilling target for a future campaign in the southern targets area.

• H2-2025 Exploration Plans:

• Drilling: Execution of the drill program in the north-central target area is a key priority for H2-2025, pending the receipt of the final permits.

• Modeling & Geochronology: 3D modeling of the southern targets is planned for 2025 to enhance understanding of the mineralized system. Molybdenite samples will be analyzed to determine the age of mineralization.

Southern Timok Properties (Vitanovac, Ponor, Lipovica, Orlovac)

• Q2-2025 Exploration Activities:

• Geological Interpretations: Geological cross-sections were built across all four license areas to compare with available geophysical information.

• Lipovica: A ground AMT infill survey was completed, and reconnaissance field mapping is ongoing.

• Orlovac: A ground gravity survey was completed, with reconnaissance field mapping ongoing.

• H2-2025 Exploration Plans:

• Modeling: A comprehensive interpretation and modeling of all geophysical surveys for each of the four properties is scheduled for completion in H2-2025 to generate refined exploration targets.

• Geochronology: Age-dating of zircon and andesite samples will be conducted for the Vitanovac, Ponor, and Orlovac properties.

JOGMEC-Mundoro EE1 Copper Project, Bulgaria

• Q2-2025 Project Update:

• Permitting Delay: In Q2-2025, a higher court in Bulgaria granted an appeal filed by an objecting party against the positive Appropriate Assessment decision for the project's drill program. The case has been sent back to a lower court for further review, which will extend the permitting process and delay the planned drill program.

• H2-2025 Exploration Plans:

• Drilling: The planned drilling program, designed to test high-priority sediment-hosted copper targets, remains contingent on the final resolution of the permitting process and receipt of all government approvals.

Mundoro Projects – Available for Joint Venture

Mundoro continues to advance its 100%-owned projects and engage in discussions with potential partners.

Serbian Portfolio

• Q2-2025 Corporate Update:

• In May 2025, the Company entered into a Letter of Intent with a third party, granting an exclusivity period through September 2025. The Company is conducting due diligence with the goal of completing a definitive agreement for seven of its exploration licenses in the Timok Magmatic Complex.

USA Portfolio (Arizona)

• Dos Cabezas Project:

• H2-2025 Exploration Plans:

• Partnering: The Company is actively seeking a partner, with multiple confidentiality agreements executed and a data room open for third-party review.

• Field Work: Infill mapping and sampling are planned for H2-2025 at the Elma target area.

• Modeling: The technical team is refining the geological model using data from the Phase 1 drilling to identify vectors toward the inferred porphyry center at the Mescal Canyon-Mineral Park target area.

• Picacho Project:

• Q2-2025 Exploration Activities:

• Geochronology: Age-dating results for key igneous units were received, with one age being consistent with previous work in the district. The project remains available for partnership.

• Copperopolis Project:

• Q2-2025 Exploration Activities:

• Corporate: The Company executed a Property Agreement with a third party, establishing participating interests of 73.09% for Mundoro and 26.91% for the partner. Mundoro is the operator and is responsible for seeking a new funding partner.

• Geochronology: Results from U-Pb zircon age-dating were received and are consistent with ages from nearby operating porphyry copper mines.

• Geochemistry: A Bulk Leach Extractable Gold (BLEG) geochemical sampling program was completed.

• H2-2025 Exploration Plans:

• Results from the BLEG survey and other geochemical samples are expected in Q3-2025.

Financial Highlights

For complete details of the Company's financial results, please refer to the unaudited condensed interim consolidated financial statements and MD&A for the three-month and six-month periods ended June 30, 2025, and 2024. The Company's filings are available on SEDAR+ at www.sedarplus.ca and on Mundoro's website at www.mundoro.com. All amounts are expressed in Canadian dollars unless otherwise indicated.

• Cash Position: As of June 30, 2025, the Company held $4.1 million in cash and cash equivalents.

• Fees Earned: During the six months ended June 30, 2025, the Company's fee income, which includes operator fees, option payments, interest, and miscellaneous income, totaled $860,890 compared to $918,080 for the six months ended June 30, 2024. The decrease of approximately 6% was primarily due to lower management fees received resulting from fewer partner-funded programs.

• Exploration Expenditures: The exploration expenditures, the majority of which are funded by partners, were lower for the six months ended June 30, 2025 at $3,175,919 compared to $4,343,032 for the six months ended June 30, 2024, primarily due to a decrease in the number of partner-funded exploration work programs. Recoveries from option partners during the six months ended June 30, 2025 and 2024 amounted to $2,629,536 and $3,687,765, resulting in net exploration costs of $546,383 for the period in 2025 and $655,267 for the same period in 2024.

• Corporate Expenditures: During the six months ended June 30, 2025, the Company recorded overall corporate expenses of $664,295 compared to $579,141 for the six months ended June 30, 2024, an increase of approximately 15%. The increase was primarily driven by higher corporate governance costs from an ongoing internal subsidiaries reorganization.

• Net Loss: For the six months ended June 30, 2025, the Company recorded a net loss of $539,925 ($0.01 per share), compared to a net loss of $286,337 ($0.00 per share) for the six months ended June 30, 2024, representing an increased loss of $253,588.

Grant under Equity Incentive Plan

The Board of Directors has approved the grant of 200,000 stock options under the Company's Equity Incentive Plan. This grant is to an independent director of the Company. The stock options carry an exercise price of C$0.23 per common share, reflecting the closing price on the TSX Venture Exchange on August 28, 2025. The Stock options are exercisable for a period of five years from the date of grant and shall vest one third after one year from the grant date, one third after two years from the grant date and one third after three years from the grant date.

Qualified Persons

The scientific and technical information described in this MD&A have been prepared in accordance with National Instrument 43-101. The scientific and technical information for Serbia, Bulgaria and the USA exploration programs was reviewed and approved by R. Jemielita, PhD, MIMMM, a Qualified Person as defined by NI 43-101 and Chief Geologist to the Company and T. Dechev, P.Eng, APEGBC, a Qualified Person as defined by NI 43-101 and Chief Executive Officer to the Company.

About Mundoro Capital Inc.

Mundoro is a publicly listed company on the TSX-V in Canada and OTCQB in the USA with a portfolio of mineral properties focused primarily on base and precious metals. To drive value for shareholders, Mundoro's asset portfolio generates near-term cash payments to Mundoro and creates royalties attached to each mineral property optioned to partners. The portfolio of mineral properties is currently focused on predominantly copper in two mineral districts: Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest USA.

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For further information about Mundoro, please contact: Teo Dechev, Chief Executive Officer, President and Director, +1-604-669-8055.

You can also visit Mundoro's website www.mundoro.com.

Caution Concerning Forward-Looking Statements

This News Release contains forward-looking statements. Forward-looking statements can be identified by the use of forward-looking words such as "will", "expect", "intend", "plan", "estimate", "anticipate", "believe" or "continue" or similar words or the negative thereof, and include the following: completion of earn-in expenditures, options and completion of a definitive agreement by the parties. The material assumptions that were applied in making the forward looking statements in this News Release include expectations as to the mineral potential of the Company's projects, the Company's future strategy and business plan and execution of the Company's existing plans. We caution readers of this News Release not to place undue reliance on forward-looking statements contained in this News Release, as there can be no assurance that they will occur and they are subject to a number of uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include general economic and market conditions, exploration results, commodity prices, changes in law, regulatory processes, the status of Mundoro's assets and financial condition, actions of competitors and the ability to implement business strategies and pursue business opportunities. The forward-looking statements contained in this News Release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this News Release are made as of the date of this News Release and the Board undertakes no obligation to publicly update such forward-looking statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties and for a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to the Company's filings with the Canadian securities regulators available on www.sedarplus.ca.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/264396

Virtual Investor Conferences

Company Executives Share Vision and Answer Questions Live at VirtualInvestorConferences.com

NEW YORK, Aug. 29, 2025 (GLOBE NEWSWIRE) — Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Clean Energy Metals Virtual Investor Conference, held August 28th are now available for online viewing.

REGISTER HERE

The company presentations will be available 24/7 for 90 days. Investors, advisors, and analysts may download investor materials from the company’s resource section.

Select companies are accepting 1×1 management meeting requests through September 3rd.

August 28th

Presentation	Ticker(s)
Lake Resources NL	(OTCQB: LLKKF | ASX: LKE)
ACG Metals Limited	(OTCID ACGAF | LSE: ACG)
Talga Group Ltd.	(OTCQX: TLGRF | ASX: TLG)
CoTec Holdings Corp.	(OTCQB: CTHCF | TSXV: CTH)
Neo Performance Materials Inc.	(OTCQX: NOPMF | TSX: NEO)
First Phosphate Cop.	(OTCQX: FRSPF | CSE: PHOS)
Giga Metals Corp.	(OTCQB: GIGGF | TSXV: GIGA)
Terra Balcanica Resources Corp	(OTCQB: TEBAF | CSE: TERA)
District Metals Corp.	(OTCQB: DMXCF | TSXV: DMX)
Graphite One Inc.	(OTCQX: GPHOF | TSXV: GPH)
Lion Copper & Gold Corp.	(OTCQB: LCGMF | CSE: LEO)
Ucore Rare Metals, Inc.	(OTCQX: UURAF | TSXV: UCU)
Intrepid Metals Corp	(OTCQB: IMTCF | TSXV: INTR)
Resolution Minerals Ltd.	(OTCQB: RLMLF | ASX: RML)
Graphene Manufacturing Group Ltd.	(OTCQX: GMGMF | TSXV: GMG)

To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com.

About Virtual Investor Conferences®

Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

Media Contact: OTC Markets Group Inc. +1 (212) 896-4428, media@otcmarkets.com

Virtual Investor Conferences Contact:John M. ViglottiSVP Corporate Services, Investor AccessOTC Markets Group (212) 220-2221johnv@otcmarkets.com

Most readers would already be aware that Impala Platinum Holdings' (JSE:IMP) stock increased significantly by 22% over the past three months. However, we decided to pay attention to the company's fundamentals which don't appear to give a clear sign about the company's financial health. Particularly, we will be paying attention to Impala Platinum Holdings' ROE today.

Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.

We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.

How Do You Calculate Return On Equity?

ROE can be calculated by using the formula:

Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity

So, based on the above formula, the ROE for Impala Platinum Holdings is:

0.7% = R707m ÷ R97b (Based on the trailing twelve months to June 2025).

The 'return' is the yearly profit. So, this means that for every ZAR1 of its shareholder's investments, the company generates a profit of ZAR0.01.

Check out our latest analysis for Impala Platinum Holdings

Why Is ROE Important For Earnings Growth?

So far, we've learned that ROE is a measure of a company's profitability. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features.

Impala Platinum Holdings' Earnings Growth And 0.7% ROE

It is quite clear that Impala Platinum Holdings' ROE is rather low. Even when compared to the industry average of 6.4%, the ROE figure is pretty disappointing. Given the circumstances, the significant decline in net income by 53% seen by Impala Platinum Holdings over the last five years is not surprising. We believe that there also might be other aspects that are negatively influencing the company's earnings prospects. For instance, the company has a very high payout ratio, or is faced with competitive pressures.

However, when we compared Impala Platinum Holdings' growth with the industry we found that while the company's earnings have been shrinking, the industry has seen an earnings growth of 4.5% in the same period. This is quite worrisome.

JSE:IMP Past Earnings Growth August 29th 2025

Earnings growth is an important metric to consider when valuing a stock. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. Doing so will help them establish if the stock's future looks promising or ominous. What is IMP worth today? The intrinsic value infographic in our free research report helps visualize whether IMP is currently mispriced by the market.

Is Impala Platinum Holdings Efficiently Re-investing Its Profits?

While the company did payout a portion of its dividend in the past, it currently doesn't pay a regular dividend. This implies that potentially all of its profits are being reinvested in the business.

Summary

Overall, we have mixed feelings about Impala Platinum Holdings. Even though it appears to be retaining most of its profits, given the low ROE, investors may not be benefitting from all that reinvestment after all. The low earnings growth suggests our theory correct. Having said that, looking at current analyst estimates, we found that the company's earnings growth rate is expected to see a huge improvement. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Toronto, Ontario–(Newsfile Corp. – August 28, 2025) – Minnova Corp. (TSXV: MCI) (OTC Pink: AGRDF) ("Minnova" or the "Company") announces that the proposed amendments to the Company's Omnibus Long-Term Incentive Plan (the "Plan") were approved by shareholders at the annual meeting of shareholders held on January 22, 2025, and which amendments were set out in the Company's management information circular for the meeting. Certain additional housekeeping and clerical amendments are currently being incorporated into the Plan, subject to approval from TSX Venture Exchange (the "Exchange"). Upon receipt of Exchange approval, a copy of the further amended Plan will be available on SEDAR+ under the Company's profile at www.sedarplus.ca.

PL Gold Mine: Poised for Advancement

The PL Gold Mine is an advanced-stage development project with significant existing infrastructure, including a 1,000 tonnes-per-day (tpd) processing plant, over 7,000 meters of underground ramp development, and a valid underground mining permit.

Planning for technical programs at the PL Gold Mine continues to advance with a focus on a revised mine development plan based on the full 1,000 tpd mill capacity, which prioritizes lower-cost open pit mining methods in the initial years of operation. In addition to surface exploration and infill drilling, the Company believes updated metallurgical test work to include ore sorting and gravity recovery studies could have a positive impact on the project by potentially increasing grades, improving recovery, and lowering processing costs.

The work programs planned for 2025 and 2026 will help to advance the PL Gold Mine and inform a future feasibility study to be completed in 2026. Key development activities will include:

• Diamond drilling to expand resources and upgrade reserves.

• An updated Mineral Resource Estimate.

• A revised mine development plan prioritizing open pit mining.

• Updated metallurgical test work.

• An updated, comprehensive Feasibility Study.

A&B Global Mining Scope of Work

ABGM will initially manage the project's technical advancement in two distinct stages:

Stage 1: Mining Concept Development

This initial stage will establish the foundational data and models required for advanced engineering and economic studies. Key deliverables include:

• An audited and signed-off drilling database.

• Updated geological and resource models.

• A NI 43-101 compliant Mineral Resource Estimate.

• A comprehensive internal mining concept study report.

• A detailed roadmap for Stage 2.

Stage 2: Class 3 Feasibility Study

Following the successful completion of Stage 1, ABGM will undertake a full Feasibility Study to Class 3 engineering standards. This stage will provide the detailed engineering and financial analysis required for a financial analysis and a future production decision. Key deliverables include:

• Detailed mining design and layout (open pit and underground).

• A 3D mine plan and schedule.

• Mine engineering and infrastructure layout.

• Basic engineering.

• A NI 43-101 compliant Mineral Reserves Estímate.

• Detailed capital and operating cost estimates and financial models.

• A final NI 43-101 Technical Report and Feasibility Study.

Mr. Glenn concluded, "The structured, two-stage approach being executed by ABGM is precisely what is needed to move the PL Gold Mine forward. ABGM will ensure highest QA/QC standards in data collection and analysis and will provide a high-quality, independent technical validation of the PL Gold Mine project required to secure development funding and execute on our vision of restarting the mine. We look forward to working closely with the ABGM team and updating our shareholders as we achieve key milestones."

About Minnova Corp.

Minnova Corp. is focused on the restart of its PL Gold Mine and completed a positive Feasibility Study in 2018, based on a gold price of US$1,250 per ounce. The study concluded the restart of the PL Gold Mine, at an average annual production rate of 46,493 ounces over a minimum 5-year mine life, was economically robust. Importantly the global resource remains open to expansion, as does the reserve. The PL Gold Mine benefits from a short pre-production timeline forecast at 15 months, a valid underground mining permit (Environment Act 1207E), an existing 1,000 tpd processing plant, over 7,000 meters of developed underground ramp to -135 metres depth.

About A&B Global Mining

A&B Global Mining Pty. (Ltd.) (ABGM) is a premier mining consultancy with deep expertise across the mining life cycle. With a track record of success on projects around the globe, ABGM provides integrated, innovative, and practical solutions in geology, mine engineering, and project management to help clients maximize the value of their mineral assets.

ABGM welcomes the opportunity to collaborate with Minnova and believes that their organisation is well-positioned to add significant value to this initiative. Their team comprises highly skilled professionals with extensive experience in exploration, resource estimation, technical reporting, and project implementation across multiple commodities and jurisdictions, including Africa. We are confident in our ability to deliver high-quality outputs in line with Minnova's strategic objectives.

ABGM has a proven track record of delivering high-quality technical support to international clients, including the successful design of exploration programmes, validation of resource models and the preparation of technical documentation that has underpinned both internal investment decisions and external market disclosures.

Qualified Person

Mr. Chris Buchanan, M. Sc., P. Geo., a consultant of the Company and a "Qualified Person" under National Instrument 43-101, has reviewed and approved the scientific and technical information in this press release.

For more information, please contact:

Minnova Corp.Gorden Glenn President & Chief Executive OfficerTel: (647) 985-2785

For further information, please contact Investor Relations: info@minnovacorp.ca.

Visit our website at www.minnovacorp.ca.

Forward-Looking Statements

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.

This news release contains certain "forward-looking information" within the meaning of applicable securities laws. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. Securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/264359

Compass Minerals International, Inc

OVERLAND PARK, Kan., Aug. 28, 2025 (GLOBE NEWSWIRE) — Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today released the following notice:

A U.S. District Court authorized this Notice. This is not a solicitation from a lawyer.

TO: ALL CURRENT RECORD HOLDERS AND BENEFICIAL OWNERS OF COMPASS MINERALS INTERNATIONAL, INC. (“COMPASS” OR THE “COMPANY”) COMMON STOCK AS OF JULY 14, 2025 (THE “RECORD DATE”).

IF YOU WERE A RECORD OR BENEFICIAL OWNER OF THE COMPANY’S COMMON STOCK AS OF THE RECORD DATE, PLEASE READ THIS NOTICE CAREFULLY AND IN ITS ENTIRETY, AS YOUR RIGHTS MAY BE AFFECTED BY PROCEEDINGS IN THE ABOVE-REFERENCED LITIGATION.

PLEASE TAKE NOTICE that the above-captioned consolidated derivative actions are being settled on the terms set forth in a Stipulation and Agreement of Settlement dated July 14, 2025 (the “Stipulation”)1 of the above-captioned consolidated derivative actions, subject to the approval of the United States District Court for the District of Kansas (the “Court”) pursuant to Rule 23.1 of the Federal Rules of Civil Procedure. Under the terms of the Stipulation, as part of the proposed Settlement, and in consideration of the associated releases set forth herein, Defendants shall cause the Board, within thirty (30) days after the Court enters an Order granting final approval of the Settlement, to adopt, implement, and maintain the corporate governance, oversight, and internal controls reforms set forth in Exhibit A to the Stipulation consistent with the terms and timing set forth therein (the “Reforms”). The Reforms, which are detailed more fully in the Stipulation and Long Form Notice, are intended to address the claims asserted in the Derivative Actions.

The Parties agree that: (i) the Settlement confers a substantial benefit upon Compass and its shareholders; (ii) the Settlement, and each of its terms, is in all respects fair, adequate, reasonable, and in the best interests of Compass and its shareholders; and (iii) Plaintiffs’ Counsel are entitled to reasonable attorneys’ fees and reimbursement of expenses, inclusive of Service Awards for the Plaintiffs, subject to the approval of the Court.

On October 14, 2025, at 1:30 p.m., the Court will hold the Settlement Hearing, either in person at Kansas City courthouse for the United States District Court for the District of Kansas, 500 State Avenue, Kansas City, Kansas 66101, or by telephone or videoconference (at the direction of the Court). At the Settlement Hearing, the Court will consider whether the Settlement is fair, reasonable, and adequate and thus should be finally approved and whether the above-captioned consolidated derivative action should be dismissed with prejudice pursuant to the Stipulation.

1 Capitalized terms herein not otherwise defined are defined in the Stipulation. This Notice should be read in conjunction with, and is qualified in its entirety by reference to, the Stipulation and its Exhibits, which have been filed with the U.S. District Court for the District of Kansas.

The Court also will rule upon Plaintiffs’ Counsel’s request for approval of the agreed-upon attorneys’ fees and reimbursement of expenses and Plaintiffs’ Service Awards.

Any Current Compass Stockholder may, but is not required to, appear in person at the Settlement Hearing. If you want to be heard at the Settlement Hearing in opposition to the Settlement, Plaintiffs’ Counsel’s request for approval of attorneys’ fees and reimbursement of expenses, or the Service Awards, then you must first comply with the following procedures for objecting.

Any objections to the proposed Settlement or Plaintiffs’ Counsel’s applications for the Fee and Expense Amount of $1,400,000, to be paid by the Individual Defendants’ Insurers, and reasonable Service Awards of up to $2,000 for each of the two Plaintiffs to be paid from the Fee and Expense Amount, must be presented in writing and must contain the following information:1. Notice of intent to appear at the Settlement Hearing;2. Your name, legal address, and telephone number;3. Proof of being a Current Compass Stockholder as of the Record Date and representation that you will continue to own Compass common stock as of the date of the Settlement Hearing;4. The date(s) at which you acquired your Compass shares and the number of Compass shares held;5. A detailed statement of your specific position with respect to the matters to be heard at the Settlement Hearing, including a statement of each objection being made; and6. The grounds for each objection or the reasons for your desire to appear and be heard.

Any counsel retained by a purported objector for the purpose of asserting an objection must make a notice of appearance on the Court at least fourteen (14) days before the Settlement Hearing. The Court will not consider any objection that does not substantially comply with these requirements.

Any written objections must be filed with the Court and sent by hand or by first-class mail, postage prepaid to Plaintiffs’ Counsel no later than fourteen (14) days before the Settlement Hearing at the following address:

Plaintiffs’ Counsel:Seth D. RigrodskyRIGRODSKY LAW, P.A.300 Delaware Avenue, Suite 210Wilmington, DE 19801Telephone: (302) 295-5310Email: sdr@rl-legal.com	Timothy BrownTHE BROWN LAW FIRM, P.C.767 Third Avenue, Suite 2501New York, NY 10017Telephone: (516) 922-5427Email: tbrown@thebrownlawfirm.net
Clerk of the Court:United States District CourtDistrict of Kansas (Kansas City)500 State Avenue, Room 259Kansas City, KS 66101Telephone: (917) 735-2200Email: ksd_clerks_kansascity@ksd.uscourts.gov

The Court will not consider any objection that is not timely filed with the Court and delivered to Plaintiffs’ Counsel.

Any person or entity who fails to object or otherwise request to be heard in the manner prescribed above will be deemed to have waived the right to object to any aspect of the Settlement or otherwise request to be heard (including the right to appeal) and will be forever barred from raising such objection or request to be heard in this or any other action or proceeding, but shall otherwise be bound by the Judgment to be entered and the releases to be given.

This Notice summarizes the Parties’ Stipulation. It is not a complete statement of the events of the Derivative Actions or the Stipulation. You may inspect the Stipulation and other papers athttps://investors.compassminerals.com/investors-relations/investor-resources/market-data/default.aspx.

PLEASE DO NOT CALL, WRITE, OR OTHERWISE DIRECT QUESTIONS TO EITHER THE COURT OR THE CLERK’S OFFICE. Any questions you have about matters in this Notice should be directed by telephone or in writing to Plaintiffs’ Counsel at the address set forth above.

Dated: Aug. 28, 2025, BY ORDER OF THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF KANSAS

Use of Forward-Looking StatementsThis press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including, without limitation, those regarding: (i) the Stipulation resolving the derivative actions; (ii) the ability to secure final approval of the proposed Settlement and to satisfy all conditions of the proposed Settlement; and (iii) other statements that are not historical facts, constitute forward looking statements. These forward-looking statements involve risks and uncertainties that can cause actual results to differ materially from those in such forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control, including, without limitation, risks and uncertainties related to: (a) the Stipulation not having the expected impact, including resolving the derivative actions; (b) the proposed settlement requiring more activity or expense than expected; (c) the defendants’ ability to overcome any objections or appeals regarding the proposed settlement; and (d) satisfactory resolution of any future litigation or other disagreements with others. Further information on potential factors that could cause actual results to differ materially from those in the forward-looking statements are contained in the Company’s filings and periodic reports filed with the Securities and Exchange Commission under the heading “Risk Factors” and elsewhere in such filings and reports, including our most recent quarterly report on Form 10-Q for the quarter ended June 30, 2025, and future filings and reports by the Company. Undue reliance should not be placed on forward-looking statements, which speak only as of the date they are made, and the facts and assumptions underlying the forward-looking statements may change. Except as required by law, the Company disclaims any obligation to update these forward-looking statements to reflect future information, events or circumstances.

CONTACT: Investor Contact InvestorRelations@compassminerals.com Media Contact MediaRelations@compassminerals.com

As the ASX200 remains steady, with Real Estate, Financials, and Industrials leading the charge while Energy and Health Care lag behind, investors are keenly observing how economic shifts impact small-cap companies. In this dynamic environment, identifying undiscovered gems requires a focus on resilience and growth potential amidst sector fluctuations.

Top 10 Undiscovered Gems With Strong Fundamentals In Australia

Name	Debt To Equity	Revenue Growth	Earnings Growth	Health Rating
Sugar Terminals	NA	3.78%	4.30%	★★★★★★
Fiducian Group	NA	10.00%	9.57%	★★★★★★
Tribune Resources	NA	-10.33%	-48.18%	★★★★★★
Hearts and Minds Investments	NA	47.09%	49.82%	★★★★★★
Spheria Emerging Companies	NA	-1.31%	0.28%	★★★★★★
Red Hill Minerals	NA	95.16%	40.06%	★★★★★★
Djerriwarrh Investments	2.39%	8.18%	7.91%	★★★★★★
Zimplats Holdings	5.44%	-9.79%	-42.03%	★★★★★☆
Peet	53.46%	12.70%	31.21%	★★★★☆☆
Australian United Investment	1.90%	5.23%	4.56%	★★★★☆☆

Click here to see the full list of 51 stocks from our ASX Undiscovered Gems With Strong Fundamentals screener.

We’ll examine a selection from our screener results.

Generation Development Group

Simply Wall St Value Rating: ★★★★★☆

Overview: Generation Development Group Limited focuses on the marketing and management of life insurance and life investment products and services in Australia, with a market cap of A$2.70 billion.

Operations: GDG generates revenue through its life insurance and life investment products and services in Australia. The company’s market cap stands at approximately A$2.70 billion.

Generation Development Group, a nimble player in the Australian life insurance and investment sector, reported a substantial leap in net income to A$38.25 million for the year ending June 2025, up from A$5.84 million previously. Earnings per share also rose to A$0.1163 from A$0.0301, reflecting strong performance despite recent shareholder dilution concerns. With no debt on its books and positive free cash flow of approximately A$8 million as of June 2025, GDG is poised for growth with strategic acquisitions like Evidentia enhancing its market position amid demographic shifts favoring annuity products. However, integration risks and potential policy changes present challenges ahead.

• Generation Development Group’s capital-light model enhances efficiency and margins, supporting higher dividends. Click here to explore the full narrative on Generation Development Group.

ASX:GDG Debt to Equity as at Aug 2025Kina Securities

Simply Wall St Value Rating: ★★★★☆☆

Overview: Kina Securities Limited operates as a provider of commercial banking, financial services, fund administration, investment management, and share brokerage in Papua New Guinea with a market capitalization of A$401.43 million.

Operations: Kina Securities generates revenue primarily from its Banking & Finance segment, which contributed PGK 441.25 million, and Wealth Management, adding PGK 50.19 million. The company reported a net profit margin of 26%, indicating efficient cost management relative to its revenue streams.

Kina Securities, a financial entity with PGK5.4 billion in assets and PGK680.3 million in equity, offers an intriguing mix of potential growth and challenges. With 95% of its liabilities from low-risk customer deposits, the company has a solid funding base despite high bad loans at 7.7%. Its price-to-earnings ratio of 9.4x is attractive compared to the market average of 19x, indicating good value for investors seeking opportunities in smaller companies. However, a low allowance for bad loans at 27% could pose risks amidst rising operational costs and volatile revenue streams from multinational clients impacting profitability stability.

• Kina Securities aims to boost profit margins through fintech partnerships and digital expansion, with a projected tax rate reduction enhancing net margins. Click here to explore the full narrative on Kina Securities.

ASX:KSL Earnings and Revenue Growth as at Aug 2025Zimplats Holdings

Simply Wall St Value Rating: ★★★★★☆

Overview: Zimplats Holdings Limited is involved in the production of platinum and associated metals in Zimbabwe, with a market capitalization of A$1.74 billion.

Operations: Zimplats Holdings generates revenue primarily from its metals and mining segment, specifically gold and other precious metals, totaling $826.59 million. The company’s financial performance is influenced by its ability to manage costs associated with the production of these metals.

Zimplats Holdings, a notable player in the mining sector, has shown impressive growth with earnings surging by 393% over the past year, significantly outpacing the industry average of 14%. Despite a challenging five-year period where earnings declined by 42% annually, recent results reflect resilience with net income climbing to US$40.5 million from US$8.22 million last year. The company boasts high-quality earnings and maintains a satisfactory net debt to equity ratio of 0.01%, indicating prudent financial management. While free cash flow remains negative, Zimplats’ profitability ensures that cash runway isn’t an immediate concern for future operations.

• Delve into the full analysis health report here for a deeper understanding of Zimplats Holdings.

• Gain insights into Zimplats Holdings’ past trends and performance with our Past report.

ASX:ZIM Debt to Equity as at Aug 2025Summing It All Up

• Explore the 51 names from our ASX Undiscovered Gems With Strong Fundamentals screener here.

• Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St’s portfolio to get a 360-degree view on how they’re shaping up.

• Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent.

Ready For A Different Approach?

• Explore high-performing small cap companies that haven’t yet garnered significant analyst attention.

• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.

• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ASX:GDG ASX:KSL and ASX:ZIM.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

FMC Corporation (NYSE:FMC) ranks among the best mid-cap materials stocks to buy now. On August 13, Barclays reiterated its Overweight rating on FMC Corporation (NYSE:FMC) with a price target of $48, down from $49. The firm’s forecast for FMC’s fiscal year 2025 revenues remains essentially unchanged, estimating flat sales year over year (down 1%), or around $4.2 billion.

SUWIT NGAOKAEW/Shutterstock.com

Barclays stated that FMC’s second-quarter performance crossed expectations by almost 20%, leading it to modestly increase its adjusted earnings per share projection to $3.45.

The investment bank is keeping an eye on FMC’s new go-to-market strategy, credit, and inventory levels as the company reports its second-half earnings.

Founded in 1883 as an insecticide factory, FMC Corporation (NYSE:FMC) is an American chemical manufacturing company that has since branched out into other industries, including lithium.

While we acknowledge the potential of FMC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.

Disclosure: None. This article is originally published at Insider Monkey.

TALLAHASSEE, Fla., Aug. 27, 2025 /CNW/ — Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., today announced the appointment of Matthew Foulston to the Trulieve Board of Directors and Jan Reese as Chief Financial Officer.

Mr. Foulston is an accomplished board member and financial executive with extensive experience across multiple industries, having previously served as chief financial officer for three publicly listed companies: Covetrus, Inc., TreeHouse Foods Inc. and Compass Minerals International Inc. Mr. Foulston also served as an independent director and as chair of both the audit and compensation committees for Hyzon Motors, Inc.

"I'm excited to join the board of Trulieve, a true pioneer in the cannabis industry," said Mr. Foulston. "I look forward to helping guide Trulieve through this next phase of growth while contributing to long term shareholder value."  

Mr. Reese, who will assume the Chief Financial Officer responsibilities as of September 8, 2025, is a seasoned executive with over two decades of finance leadership experience spanning public, private equity–backed, and entrepreneurial companies. He served as chief financial officer at Vimergy LLC, AVI-SPL, LLC, Tech Data Americas (now TD SYNNEX), and Motorsport Network Media LLC and has held senior finance and executive roles at Delphi Automotive (now Aptiv PLC) and Walmart International, among others. Throughout his career, he has overseen all core finance functions, led domestic and international expansion, and guided organizations through IPO- and exit readiness.

"Trulieve is an industry leading company with strong financial performance and numerous growth opportunities and catalysts ahead," said Mr. Reese. "I am eager to join the team at such an exciting time for the company, and I look forward to driving continued success in the years ahead."

The Company would like to thank Ryan Blust for serving as Interim Chief Financial Officer. Mr. Blust will resume his duties as Vice President, Finance, once Mr. Reese assumes the CFO role.

"We are thrilled to welcome two new leaders to our Board and executive team," said Chief Executive Officer Kim Rivers. "Mr. Foulston and Mr. Reese bring considerable experience and strategic insight to Trulieve that will be invaluable as we navigate the dynamic and constantly evolving cannabis landscape."  

Forward-Looking StatementsThis news release includes forward-looking information and statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation (collectively herein referred to as "forward-looking statements"). These forward-looking statements relate to the Company's expectations of business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs. Words such as "expects", "continue", "will", "anticipates" and "intends" or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on the Company's current projections and expectations about future events and financial trends that management believes might affect its financial condition, results of operations, business strategy and financial needs, and on certain assumptions and analysis made by the Company in light of the experience and perception of historical trends, current conditions and expected future developments and other factors management believes are appropriate. Forward-looking statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking statements herein, including, without limitation, the risks discussed under the heading "Risk Factors" in our most recent Annual Report on Form 10-K and in our periodic reports subsequently filed with the United States Securities and Exchange Commission and in the Company's filings on https://www.sedarplus.ca/landingpage/. Although the Company believes that any forward-looking statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such statements, there can be no assurance that any such forward-looking statements will prove to be accurate, and accordingly readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance upon such forward-looking statements. Any forward-looking statements herein are made as of the date hereof and, except as required by applicable laws, the Company assumes no obligation and disclaims any intention to update or revise any forward-looking statements herein or to update the reasons that actual events or results could or do differ from those projected in any forward-looking statements herein, whether as a result of new information, future events or results, or otherwise. 

About TrulieveTrulieve is an industry leading, vertically integrated cannabis company and multi-state operator in the U.S., with leading market positions in Arizona, Florida, and Pennsylvania. Trulieve is poised for accelerated growth and expansion, building scale in retail and distribution in new and existing markets through its hub strategy. By providing innovative, high-quality products across its brand portfolio, Trulieve delivers optimal customer experiences and increases access to cannabis, helping patients and customers to live without limits. Trulieve is listed on the CSE under the symbol TRUL and trades on the OTCQX market under the symbol TCNNF. For more information, please visit Trulieve.com.

Facebook: @Trulieve   Instagram: @TrulieveX: @Trulieve

Investor ContactChristine Hersey, Vice President of Investor Relations +1 (424) 202-0210Christine.Hersey@Trulieve.com

Media ContactPhil Buck, APR, Corporate Communications Manager+1 (406) 370-6226Philip.Buck@Trulieve.com

Cision

View original content to download multimedia:https://www.prnewswire.com/news-releases/trulieve-announces-appointment-of-board-member-matthew-foulston-and-chief-financial-officer-jan-reese-302539434.html

SOURCE Trulieve Cannabis Corp.

Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2025/27/c0609.html

OVERLAND PARK, Kan., August 27, 2025–(BUSINESS WIRE)–Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced that Edward C. Dowling Jr., president and CEO, and other leadership team members will participate in one-on-one meetings at the Jefferies Industrial Conference on Sept. 3, 2025 in New York City.

Updated presentation materials will be available at the time of the event through the investor relations section of the Compass Minerals website at compassminerals.com.

About Compass Minerals

Compass Minerals (NYSE: CMP) is a leading global provider of essential minerals focused on safely delivering where and when it matters to help solve nature’s challenges for customers and communities. The company’s salt products help keep roadways safe during winter weather and are used in numerous other consumer, industrial, chemical and agricultural applications. Its plant nutrition products help improve the quality and yield of crops while supporting sustainable agriculture. Compass Minerals operates 12 production and packaging facilities with more than 1,800 employees throughout the U.S., Canada and the U.K. Visit compassminerals.com for more information about the company and its products.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250827236677/en/

Contacts

Investor Contact Brent CollinsVice President, Treasurer & Investor Relations+1.913.344.9111InvestorRelations@compassminerals.com

Media Contact Kevin GabrielSenior Director, Corporate Affairs+1.913.344.9265MediaRelations@compassminerals.com

BHP Group Limited (NYSE:BHP) is among the  7 Best Manganese Stocks to Buy Right Now. BHP Group Limited (NYSE:BHP) missed forecasts of $10.22 billion with an FY25 underlying profit of $10.16 billion, its lowest in five years and a 26% year-over-year decline. Results were impacted by the weakness in iron ore, brought on by a slowdown in Chinese demand. However, shares rose 1% when the miner declared a higher-than-expected total dividend of $1.10 per share, including a final payout of $0.60, topping the consensus of $1.01, although still the lowest since 2017.

Photo by Dominik Vanyi on Unsplash An aerial view of a mining operation in action, with large trucks and yellow diggers.

BHP Group Limited (NYSE:BHP)’s realized iron ore price fell 19%, putting pressure on earnings, although this was partially offset by higher copper prices. The business raised its net debt objective to $10-20 billion and planned $11 billion in project and exploration spending over the next two years, with future spending expected to decline.

Mike Henry, the CEO, stated that despite tariff uncertainty, commodity demand is solid. Although the miner has warned that suitable acquisition possibilities are scarce, it is prioritizing the growth of copper and potash. Furthermore, BHP agreed to sell Brazilian copper assets for $465 million after pointing out a $1.7 billion cost overrun at its Jansen potash project. It is among the Best Manganese Stocks.

While we acknowledge the potential of BHP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025.

Disclosure. None.

China’s Zijin Mining Group Co. Ltd sees unprecedented global uncertainties on the critical and precious metals markets amid rising protectionism and trade barriers, the biggest Chinese and the world’s largest metals miner in terms of market value said on Wednesday.

Zijin Mining, which is now the third top valued metals miner behind Rio Tinto and BHP, flagged in its half-year earnings report that “Geopolitical risks are increasingly severe, and regional conflicts are spreading globally. Global uncertainties have become unprecedented.”

Following the tariff and trade war initiated by the United States, “The global political and economic orders established since World War II are facing comprehensive challenges.”

Against this backdrop, the competition for critical minerals among major powers “has entered a high-intensity confrontation phase,” Zijin Mining said, warning that the changing global order may impact the prices of metals and critical minerals and affect the company’s revenue, profits, and new overseas projects.

“Differences in politics, policies and laws among various countries and regions, as well as resource nationalism sentiments, may pose certain challenges to construction and production operations,” said the Chinese metals miner, which generates most of its revenues and profit from gold and copper.

In the copper market, Zijin Mining expects wide fluctuation in prices due to the U.S. copper tariffs, while Chinese demand remains resilient amid infrastructure investment growth and the long-term structural supply gap in refined copper.

The attractiveness of gold as an asset has increased due to global trade uncertainties, a weak U.S. dollar, and high levels of gold purchases from central banks, Zijin said.

In the lithium market, it will still take time to achieve a clearing of the oversupply, the Chinese company said.

The heavily concentrated supply of critical minerals in a handful of countries and China’s export controls are raising the risk of “painful disruptions” in the market, the International Energy Agency (IEA) warned in May in its annual report, Global Critical Minerals Outlook.

Despite major deals and government support in the West for building domestic supply chains, China has raised its market share over the past few years, the IEA’s report found.

By Tsvetana Paraskova for Oilprice.com

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NetworkNewsWire Editorial Coverage

NEW YORK, Aug. 27, 2025 /CNW/ — Across Colombia's legendary gold-producing regions, generations of traditional mining operations have accumulated enormous volumes of tailings, material that earlier technologies deemed worthless but which actually harbors substantial reserves of precious metals. These historical deposits now present a dual opportunity to both remedy long-standing environmental concerns while also accessing previously unrecoverable gold and silver through cutting-edge extraction methods. ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (Profile) is pioneering this innovative approach, where its recently unveiled, fully permitted joint venture in Bolívar demonstrates how next-generation processing capabilities can convert abandoned mining waste into profitable, sustainable operations. Through environmentally conscious practices, ESGold is simultaneously extracting valuable resources and transforming decades-old ecological burdens into engines of responsible economic development. ESGold joins a select group of mining companies — including Kinross Gold Corp. (NYSE: KGC), Gold Fields Ltd. (NYSE: GFI), BHP Group Ltd. (NYSE: BHP) and Wheaton Precious Metals Corp. (NYSE: WPM) — that are focused on positioning themselves in the global mining space through the use of environmentally friendly, advanced technologies combined with careful strategy.

NetworkNewsWire.com logo (PRNewsfoto/NetworkNewsWire)

• ESGold Corp.'s announcement regarding a JV with Planta Magdalena S.A.S. demonstrates the company's tactical expansion into Colombia.

• The company's sampling campaign within the Bolívar tailings zone has delivered highly promising outcomes that validate the substantial economic opportunity.

• Bolívar stands as one of Colombia's most historically important and actively productive gold-extraction districts.

• The Bolívar joint venture represents ESGold's initial expansion of its proven tailings-to-revenue model outside of Québec.

• ESGold's tailings reprocessing approach generates environmental improvements over conventional mining operations, tackling historical ecological issues while establishing high-margin economic opportunities.

Click here to view the custom infographic of the ESGold Corp. editorial.

Colombia's Untapped Mining Revolution

Colombia emerges as South America's geological treasure trove, where precious metals lie embedded throughout its diverse mineral landscapes. The nation achieved remarkable success in 2024, exporting roughly 60 metric tons of gold while accumulating around $3.55 billion in mining revenues from January through November. Gold production has been fundamental to Colombia's economic foundation, with key mining territories including Antioquia, Chocó, Bolívar and Córdoba establishing themselves as the country's premier extraction centers.

Yet Colombia's true potential extends far beyond current mining activities, residing within enormous stockpiles of historical tailings, centuries-old waste deposits from previous extraction efforts that continue to house substantial concentrations of valuable metals. Studies indicate that innovative reprocessing methods, especially hydrometallurgical approaches, can successfully extract precious and critical metals from these abandoned materials while simultaneously minimizing environmental hazards.

This intersection of abundant natural resources and cutting-edge recovery systems creates an extraordinary prospect for Colombia's future. Historical mining waste, previously viewed as an environmental burden, now represents a pathway to generate fresh income sources, address ecological concerns and advance sustainable mining practices.

Leading this transformative movement is ESGold Corp., a sustainable gold and silver development enterprise that champions a tailings-first extraction strategy. Though the company's primary operations are located in Quebec, ESGold has demonstrated its dedication to expanding this innovative approach throughout the Americas, with Colombia representing a key target market. Through the reprocessing of legacy tailings using sophisticated, environmentally conscious technologies, the company seeks to achieve rapid, profitable production while minimizing ecological disruption, exemplifying how technological advancement and environmental stewardship can unite in mining's sustainable future.

Strategic Colombian Gold Partnership Secured

ESGold Corp.'s latest announcement regarding a joint venture with Planta Magdalena S.A.S. in Colombia demonstrates the company's tactical expansion into this mineral-abundant nation. The organization has established a binding memorandum of understanding with Planta Magdalena to advance a fully permitted gold and silver venture within Colombia's Department of Bolívar.

This collaborative arrangement involves ESGold investing C$1.5 million to acquire a 50% joint venture stake, while securing first rights to acquire the remaining 50% within 12 months at fair market valuation established through independent third-party assessment. Crucially, Planta maintains existing operational permits, providing ESGold with an exceptional, immediate opportunity to establish a second production center complementing its Quebec-based Montauban facility.

The Department of Bolívar constitutes one of Colombia's premier gold-extraction territories, where artisanal and small-scale operations collectively handle an estimated 300,000 tonnes of ore per year, yielding roughly 128,000 ounces of gold. Following completion of definitive documentation and verification procedures, ESGold targets commissioning the Bolívar facility with planned operations beginning in 2026. The company intends to execute qualified person-supervised field assessments in early September for comprehensive tailings evaluation and metallurgical recovery analysis, while completing bulk-sample concentrate testing at its Montauban operations.

Exceptional Bolívar Sampling Results Revealed

ESGold's comprehensive reconnaissance sampling campaign within the Bolívar tailings zone has delivered highly promising outcomes that validate the substantial economic opportunity presented by this strategic alliance. Company reports indicate that 27 tailings samples underwent rigorous analysis at ACTLABS, producing an impressive average grade of approximately 5.52 grams per tonne gold.

The evaluation program demonstrated that nearly one-third of samples (8 out of 27) exceeded the significant 5 g/t Au threshold, indicating widespread precious metal distribution throughout the tailings deposit. Particularly notable intercepts emerged from the program, with sample SS806 delivering an exceptional 42.683 g/t Au, while samples SS816 and SS817 returned robust grades of 19.284 g/t Au and 18.332 g/t Au respectively. The sampling initiative also unveiled considerable silver mineralization potential, with numerous samples producing attractive silver concentrations surpassing 190 g/t Ag.

While these initial findings represent selective sampling and cannot be extrapolated across the complete tailings resource, they offer strong validation of the precious metal concentrations historically abandoned by traditional processing technologies throughout the region. ESGold acknowledges these finding represent preliminary, selective samples that may not reflect the broader project scope, yet they establish positive benchmarks for the detailed assessment program currently advancing.

The company is presently completing bulk-sample metallurgical evaluations to validate recovery efficiencies for the planned processing flowsheet, with testing conducted at ESGold's Montauban operations and verification assays performed at ACTLABS in Québec under accelerated timelines. This methodical metallurgical testing protocol will deliver essential technical data for refining operational parameters and substantiating the commercial feasibility of the tailings reprocessing venture, supported by these encouraging preliminary analytical results.

Advanced Technology Transforms Colombian Mining Legacy

Bolívar stands as one of Colombia's most historically important and actively productive gold-extraction districts, where generations of mining heritage continue yielding considerable precious metals through primarily artisanal and small-scale enterprises. Nevertheless, most ore processing relies on basic mercury amalgamation techniques that generally extract fewer than half the contained gold and silver reserves, abandoning significant precious metals concentrations in the produced tailings.

This inefficient extraction approach establishes a remarkable prospect for contemporary processing systems to retrieve abandoned precious metals, essentially converting current waste streams into profitable production material. The region's persistent dependence on obsolete processing methodologies indicates that generations of tailings accumulation harbor considerable precious metals deposits recoverable through modern, mercury-free extraction technologies. ESGold's advanced processing methodology can substantially enhance recovery percentages while eliminating environmental damage linked to mercury-dependent extraction practices.

The combination of significant tailings reserves, established mining infrastructure and an experienced regional workforce establishes ideal circumstances for deploying modern recovery systems that can extract value from previously discarded materials. CEO Gordon Robb observed that the region's developed mining infrastructure and experienced local workforce establish favorable conditions for initiating operations with immediate potential, enabling ESGold to showcase substantial improvements in precious metals extraction while supporting economic advancement within local mining communities.

A Launchpad to Scale Proven Model

The Bolívar joint venture represents ESGold's initial extension of its proven tailings-to-revenue methodology outside of Québec, serving as a key test for deploying this strategy across diverse regulatory environments. ESGold has successfully refined and demonstrated this breakthrough approach through its Montauban operations in Québec, where the framework centers on establishing immediate revenue streams from tailings reprocessing that simultaneously finance exploration programs, potentially unlocking fresh discoveries and resource growth.

"The Bolívar opportunity perfectly fits our vision for ESGold's growth," said Mastantuono. "Our team sees this as a launchpad to scale our proven model across multiple jurisdictions, delivering value for shareholders while making a measurable positive impact in the communities where we operate."

The strategic blueprint established via the Bolívar alliance creates a framework for subsequent joint ventures and asset acquisitions, illustrating ESGold's capability to quickly and efficiently broaden its operational presence while preserving prudent capital management. Through securing permitted assets within established mining regions, the company can establish consistent, replicable revenue generation that supports exploration and discovery initiatives without necessitating ongoing equity fundraising, establishing a self-sustaining growth engine that amplifies shareholder value.

Sustainable Mining Transforms Colombian Communities

ESGold's tailings reprocessing approach generates substantial ecological improvements that surpass conventional mining operations, tackling historical environmental issues while establishing economic opportunities for regional populations. The company's innovative mercury-free extraction processes mark a considerable advancement over basic techniques currently utilized across the Bolívar area, where mercury amalgamation not only diminishes precious metal recovery but also generates persistent environmental pollution affecting local wildlife habitats and public health.

Rehabilitating abandoned mining locations through responsible tailings reprocessing can substantially enhance environmental quality in zones affected by decades of ineffective processing approaches. ESGold's environmentally conscious processing protocols eliminate mercury usage while incorporating thorough environmental oversight measures that safeguard air and water resources, minimize emissions, and restore damaged terrain through structured site rehabilitation. This methodology converts environmental burdens into productive resources while providing quantifiable enhancements to regional environmental standards.

The ecological advantages encompass fostering sustainable regional employment prospects that offer alternatives to environmentally damaging mining activities. Through showcasing the financial benefits of clean processing innovation, ESGold can promote wider acceptance of environmentally sound mining techniques throughout the area while generating secure, well-compensated positions that bolster local economic growth. The company's dedication to community involvement and environmental responsibility reflects its comprehensive mission of demonstrating that profitable mining ventures can produce positive environmental and social results, setting a new benchmark for responsible resource development in historically affected mining territories.

"Bolívar has a long and storied history as one of Colombia's most prolific gold-producing regions, with decades of artisanal and small-scale mining contributing significantly to the country's overall output," said ESGold CEO Gordon Robb. "The region still processes hundreds of thousands of tonnes of ore annually, yet much of it is handled using rudimentary mercury amalgamation methods that leave behind a substantial amount of gold and silver in the tailings.

"This creates an immense opportunity for ESGold to apply modern, environmentally responsible recovery technology that can significantly improve yields while remediating legacy mine sites," Robb continued. "The early validation from our due-diligence sampling is highly encouraging, and it underscores the scalability of our tailings-to-cash-flow model as we aim to build a second high-margin operation in one of the most prolific gold-bearing districts in all South America."

Mining Giants Drive Sustainable Innovation Forward

Leading mining companies are reinforcing their competitive positions through strategic sustainability initiatives and technological innovations that address both operational efficiency and environmental responsibility. These coordinated efforts demonstrate how industry leaders are adapting to evolving market demands while maintaining their commitment to responsible resource development across global operations.

Kinross Gold Corp. (NYSE: KGC) has published its 2024 Sustainability Report, providing a fulsome summary of the Company's progress over the past year in furthering its sustainability strategy. The report reflects the company's commitment to sustainability, which is deeply rooted in its values — which are driven by three pillars: workforce and community, natural capital, and climate and energy— and culture, as well as its commitment to responsible mining. Now in its 17th year, the report provides a comprehensive update to the company's stakeholders on the progress made in 2024, and what the company aims to achieve in 2025 and beyond. The report details the company's uncompromising approach to responsible mining that underpins its operational success.

Gold Fields Ltd (NYSE: GFI) has marked a significant milestone in the development of its landmark A$296 million St Ives Renewable Energy project, after foundations for wind turbines were laid. Seven concrete foundations have been poured at the project site in preparation for the arrival of the wind turbine components by September. Once operational, the renewable energy system will power more than 70% of Gold Fields St Ives mine, becoming western Australia's largest renewable energy initiative at an existing mine site. The gold producer has been expanding decarbonization initiatives at its 10 sites and projects around the world as part of its global target of 30% net emission reduction by 2030 from its 2016 baseline.

BHP Group Ltd. (NYSE: BHP) is part of an industry consortium comprised of leading steelmakers and other value chain players, which are undertaking a prefeasibility study to assess the development of Carbon Capture, Utilization and Storage (CCUS) hubs across Asia. The CCUS Hub study is the first independent industry-led study of its kind in Asia and will examine the technical and commercial pathways to utilizing CCUS in hard-to-abate industries across Asia. The study will focus on the potential to develop large-scale projects that can repurpose, or store, captured carbon dioxide (CO2). The plan is for each participant in the study to be included in at least one hub, and the study will deliver conceptual development strategies for each hub including cost and schedule estimates, and potential commercialization pathways.

Wheaton Precious Metals Corp. (NYSE: WPM) has announced the return of its Future of Mining Challenge and invites ventures from around the world to propose industry solutions aimed at improving operational efficiencies and minimizing environmental impacts. The company believes that constant innovation is essential to responsibly meet the growing global demand for minerals and metals, and Wheaton is uniquely positioned to support the industry as it advances the delivery of essential commodities and materials in a more sustainable manner. For the 2025/26 challenge, Wheaton will award $1 million to a cleantech venture with innovative technology that seeks to advance sustainable water management in the mining industry.

These strategic initiatives collectively illustrate how established mining companies are positioning themselves for long-term success by integrating environmental stewardship with operational excellence. These industry leaders are establishing new benchmarks for responsible mining while strengthening their market positions in an increasingly sustainability-focused global economy.

For further information about ESGold Corporation, please visit ESGold Corp.

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SANTIAGO (Reuters) -Two recent accidents involving autonomous trucks are raising safety concerns, a workers' union at BHP's Escondida mine in Chile, the world's largest copper mine, said in a statement on Wednesday.

The union, which has often been critical of BHP and has staged strikes as part of contract negotiations, said that on August 25 an autonomous truck collided with shovel machinery and the week before, another truck overturned.

It did not report any injuries.

Despite that, the head of the Union Patricio Tapia told Reuters that while workers don't operate the vehicles, they perform other tasks in the area like maintaining roads.

In a statement, BHP said it has trained more than 4,800 workers in its automation process and has "totally eliminated" having people exposed when material is moved in the open pit.

BHP said that one of the incidents involving the autonomous trucks happened in March.

"In the other incident, that involved a mechanical shovel with an autonomous truck, there were no exposed people and it is still under internal investigation," the statement said.

The company in July said it had fully implemented autonomous operations for 33 trucks and eight drills at the mine's Escondida Norte unit, completing a five-year rollout.

"Less than a month since the announcement, the reality is revealing a huge risk to the safety of workers," the statement said.

Escondida produced 1.28 million tons of copper last year.

(Reporting by Fabian Andres Cambero; writing by Natalia Siniawski, Paolo Laudani and Alexander Villegas; Editing by Daina Beth Solomon and Alistair Bell)

London, United Kingdom–(Newsfile Corp. – August 26, 2025) – The mining industry's most influential names are heading to London this December, as BHP, Rio Tinto, Vale, and Freeport-McMoRan confirm their participation in Resourcing Tomorrow 2025 — the global meeting place for mining, energy, and resource transition leaders.

Joining these industry giants on stage are leading innovators and regional champions including Alcoa, Anglo Gold Ashanti, Barrick, Eldorado Gold, Gemfields Group, Kenmare Resources, McEwen Mining, Pan American Silver, Sandstorm Gold Royalties, and Wheaton Precious Metals. View all confirmed mining companies here.

As the anchor event of London Mining Week, Resourcing Tomorrow plays a critical role in driving global collaboration, investment, and innovation across the mining sector. With over 2,000+ c-level attendees expected from across 100+ countries, the 2025 edition promises to be one of the most impactful yet.

Timed just weeks after COP30 in Brazil, Resourcing Tomorrow offers a powerful platform for the industry to respond, align, and act on the commitments made to global climate and sustainability goals. This is where the mining world converges — not just to talk about change, but to deliver it.

The 2025 programme will tackle the key forces reshaping the mining landscape, with themes including:

• Critical mineral strategies

• Global geopolitics and supply chains

• ESG leadership and investment

• Cross-sector innovation and technology adoption

Speakers include:

• Mark Bristow, President & Chief Executive Officer, Barrick

• Mark Cutifani, Chair, Vale Base Metals

• Maximo Pacheco, Chairman, Codelco

• Katie Jackson, Chief Executive – Copper, Rio Tinto

• Carol Plummer, Senior Vice President Sustainability, People and Culture, Agnico Eagle Mines

• Marley Palin, Head of Xplor & Portfolio, Innovation & Strategy, BHP

• Bill Cobb, Vice President and Chief Sustainability Officer, Freeport McMoRan

• Victoria Peacey, President, Resolution Copper

• Brent Bergeron, Senior Vice President Corp Affairs and Sustainability, Pan American Silver

• Nolan Watson, President and Chief Executive Officer, Sandstorm Gold Royalties

• Faisal Al Othaim, Chairman, Saudi Gold Refinery

• Patrick Drouin, President and Chief Sustainability Officer, Wheaton Precious Metals International

With the pace of change accelerating, Resourcing Tomorrow will spotlight the leaders, projects, and technologies securing the minerals that power our world — from clean energy to digital transformation.

Join us in London this December as we shape the future of mining together.

To register or learn more, visit resourcingtomorrow.com.

Marketing Contact: Jessica Cooper jessica.cooper@resourcingtomorrow.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/263921

• Freeport-McMoRan recently reported second quarter earnings that surpassed expectations, driven by stronger copper and gold prices, and updated full-year 2025 guidance projecting sales of 3.95 billion pounds of copper, 1.3 million ounces of gold, and 82 million pounds of molybdenum.

• Alongside these results, the company advanced major expansion efforts such as launching a new Indonesian smelter and expanding its Cerro Verde concentrator, signaling a continued commitment to integrating growth projects and supporting long-term operational capacity.

• We'll examine how Freeport-McMoRan's robust copper sales outlook and new smelter launch shape the company's investment narrative going forward.

We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.

Freeport-McMoRan Investment Narrative Recap

To own shares of Freeport-McMoRan, investors need confidence in the long-term case for copper: expanding global electrification, supportive U.S. policy, and the company’s ability to grow output while managing operational and geopolitical complexity. The recent earnings beat, underpinned by strong copper and gold pricing and reaffirmed production guidance, is positive for sentiment, but does not fundamentally alter the main near-term catalyst, the ramp-up of new Indonesian smelting operations, or the ongoing risk of Indonesia’s regulatory landscape and future operating rights at Grasberg.

Among recent announcements, the start-up of the Indonesian smelter in mid-2025 directly supports Freeport’s ambition to capture more value along the copper supply chain, lower export costs, and increase margin resilience. This development ties closely to the company’s forecasted sales growth and underpins its strategy to buffer against commodity price swings, making it the most relevant catalyst against the backdrop of ongoing expansion efforts and upcoming volume scaling.

Yet, despite these upbeat milestones, investors should be aware that changes in Indonesian government policy could …

Read the full narrative on Freeport-McMoRan (it's free!)

Freeport-McMoRan's outlook anticipates $31.1 billion in revenue and $3.3 billion in earnings by 2028. This is based on a 6.4% annual revenue growth rate and a $1.4 billion increase in earnings from the current $1.9 billion level.

Uncover how Freeport-McMoRan's forecasts yield a $50.32 fair value, a 15% upside to its current price.

Exploring Other PerspectivesFCX Community Fair Values as at Aug 2025

Fair value opinions from 11 Simply Wall St Community investors range from US$23.02 up to US$58.15 per share. As you consider this spectrum of views, keep in mind how Indonesia’s regulatory risks or operating agreements may weigh on Freeport’s long-term performance and global supply ambitions.

Explore 11 other fair value estimates on Freeport-McMoRan – why the stock might be worth 47% less than the current price!

Build Your Own Freeport-McMoRan Narrative

Disagree with existing narratives? Create your own in under 3 minutes – extraordinary investment returns rarely come from following the herd.

• A great starting point for your Freeport-McMoRan research is our analysis highlighting 2 key rewards that could impact your investment decision.

• Our free Freeport-McMoRan research report provides a comprehensive fundamental analysis summarized in a single visual – the Snowflake – making it easy to evaluate Freeport-McMoRan's overall financial health at a glance.

Ready To Venture Into Other Investment Styles?

Early movers are already taking notice. See the stocks they're targeting before they've flown the coop:

• Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 27 best rare earth metal stocks of the very few that mine this essential strategic resource.

• These 13 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch.

• The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 20 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include FCX.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

Goliath Resources Limited

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• 100% of the drill holes completed to date on Surebet have intersected substantial quartz-sulphide mineralization and 95% of drill holes completed thus far in 2025 contain gold visible to the naked eye (“VG-NE”). This clearly demonstrates the continuity and predictability of this expansive gold-rich system.

• Drilling at the Surebet Discovery has hit VG-NE in three distinct rock packages (quartz-sulphide breccias/stock work, RIRG Eocene-aged dykes and calc-silicate altered breccia) showing the untapped discovery potential at this remarkable high-grade gold system that remains open.

• 65 drill holes have been completed for a total of 45,000 meters in 2025, with only 50 holes remaining totaling 15,000 meters. With roughly 1 month remaining, Goliath is on target to complete its planned up to 60,000 meter drill program with 9 rigs actively turning. Assays are pending for 55 drill holes completed to date.

  • An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/98983adb-da84-4aea-a363-f039c3384dba

• Since drilling started in 2021, many holes have returned impressive metal factors with 9 holes delivering greater than 200 grams*meters (“g*m”) and up to 1346 g*m, 11 holes greater than 150 g*m, 25 holes greater than 100 g*m, 31 holes greater than 75 g*m and 61 holes greater than 50 g*m have been drilled on the Surebet Discovery that remains wide open

• The Surebet Discovery has widespread drill holes over an area of 1.8 km2 or greater than half the size of Central Park, New York City returning high metal factors showing it has the potential to be one of the most important high-grade gold discoveries in the Golden Triangle since the Eskay Creek discovery.

• Drill hole GD-25-337 intersected 10.60 g/t Au over 22.82 meters (a 242 grams*meters hole), including 15.19 g/t Au over 15.71 meters, including two separate intervals consisting of 37.28 g/t Au or 1.20 oz/t Au over 3.36 meters and 36.11 or 1.16 oz/t Au over 3.08 meters. From the andesite unit below the Bonanza Zone which contains multiple occurrences of widespread VG-NE between 113.00 meters and 135.82 meters, hosted within a zone of dense calc-silicate veins with moderate amounts of sphalerite, pyrrhotite and pyrite. The intercept is approximately true width, and these assays reflect gold only (AuEq value in the interval will be adjusted accordingly once Ag, Cu, Pb and Zn are received).

  • An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/f13b5470-28c1-41e4-b00f-05e94052869f

• Drill hole GD-24-277 intersected 12.16 g/t Au over 6 meters, including 18.22 g/t Au over 4.00 meters hosted in a strongly calc-silicate altered andesite unit from 114.00 meters to 120.00 meters containing substantial quartz-sulphide veining as well as multiple occurrences of VG-NE part of the Bonanza Zone. This hole was part of the re-logging program. The intercept is approximately true width, and these assays reflect gold only (AuEq value in the interval will be adjusted accordingly once Ag, Cu, Pb and Zn are received).

  • An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/f9d91fe5-bd8e-4ad7-b584-8865ae75075c

• Drill hole GD-25-318 intersected 11.03 g/t Au over 5.7 meters within a zone of substantial quartz-sulphide mineralization from 341.00 meters to 346.70 meters with multiple occurrences of VG-NE. The mineralized interval consists of strongly altered sandstone with quartz-sulphide stockwork and breccia, containing moderate amounts of sphalerite and pyrrhotite, part of the Bonanza Zone located at the contact between sedimentary and volcanic units and remains open. The intercept is approximately true width, and these assays reflect gold only (AuEq value in the interval will be adjusted accordingly once Ag, Cu, Pb and Zn are received).

  • An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/b270c76a-992a-4e7f-b5e2-cd261f520ab2

• Drill hole GD-25-343 intersected 10.08 g/t Au over 5.00 meters consisting of strongly calc-silicate altered, sheared andesite with quartz-sulphide veins containing moderate amounts of pyrrhotite and chalcopyrite as well as bismuth minerals and VG-NE from the Bonanza Zone located at the contact between sedimentary and volcanic units. The intercept is approximately true width, and these assays reflect gold only (AuEq value in the interval will be adjusted accordingly once Ag, Cu, Pb and Zn are received).

  • An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/07516323-9702-4143-8edd-f2ce9aae5ceb

• Drill hole GD-25-334 intersected 6.85 g/t Au over 6.00 meters from a zone of quartz-sulphide veins containing multiple occurrences of VG-NE and mineralized with substantial amounts of sphalerite, chalcopyrite and galena hosted within the sandstone unit believed to be part of the Surebet Zone. The intercept is approximately true width, and these assays reflect gold only (AuEq value in the interval will be adjusted accordingly once Ag, Cu, Pb and Zn are received).

  • An accompanying infographic is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/c323ef3f-3a28-40c6-b0a7-607635865f64

• High-grade gold has been identified in three distinct rock packages discovered to date on Surebet. This includes the gently dipping gold-rich stacked quartz-sulphide breccias/stock work veins, the gold-rich intermediate to felsic Eocene-aged Reduced Intrusive Related Gold (RIRG) dykes, and the recently discovered broad gold-rich zones of calc-silicate altered breccia, all of which contain substantial amounts of VG-NE and remain wide open for expansion. This confirms the presence of a Motherlode magmatic source at depth, a causative intrusion responsible for the extensive 1.8 km2 high-grade gold system at Surebet.

• The 2025 planned campaign is under way and consists of up to 60,000 meters of systematic drilling with 9 drill rigs. The campaign aims at expanding the full geometry of the Surebet Discovery laterally and to depth. 100% of the drilling will be focused on the Surebet Discovery, where the Company has designed a detailed drill plan that will consist of:

  • Testing for the Motherlode Magmatic intrusive gold source;

  • Testing an additional 13 Eocene-aged dykes observed on the surface that have never been drill tested for RIRG mineralization;

  • Infill drilling with the goal of increasing pierce points density in all known stacked veins with a particular focus on the highest-grade areas from the Bonanza Zone and Surebet Zone intersection domain;

  • Testing zones where the RIRG dykes and gently dipping veins crosscut which are being called Goldilocks Zones as they are key locations where there are two styles of gold mineralization enriching the zones; and

  • Expanding the known mineralized veins laterally and to depth where they currently remain open.

TORONTO, Aug. 26, 2025 (GLOBE NEWSWIRE) —  Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) (the “Company” or “Goliath”) is excited to announce assay results from drill hole GD-25-337 which intersected 10.60 g/t Au over 22.82 meters, including 15.19 g/t Au over 15.71 meters, including two separate intervals consisting of 37.28 g/t Au or 1.20 oz/t Au over 3.36 meters and 36.11 or 1.16 oz/t Au over 3.08 meters at Surebet on the 100 % controlled Golddigger Property (the “Property”), Golden Triangle, British Columbia. 100% of the drill holes completed to date on Surebet have intersected substantial quartz-sulphide mineralization as well as 95% of the 2025 drill holes contain VG-NE, clearly demonstrating the exceptional discovery potential remaining on the property. Drilling has been completed for 65 holes (45,000 meters) during the 2025 drill season, with 50 holes remaining (15,000 meters). With roughly 1 month remaining, the Company is on target to complete the planned up to 60,000 meter program with 9 rigs actively drilling. The intercepts reported are approximately true width, and reflect gold only assays (AuEq values will be adjusted accordingly once Ag, Cu, Pb and Zn are received).

Dr. Quinton Hennigh, Geologic & Technical Advisor to Crescat Capital, a strategic investor in Goliath, states: “Goliath’s exploration team, having synthesized a detailed model of the Surebet high-grade mineralizing system after the 2024 season, was thoroughly prepared to undertake an aggressive, highly focused drill program this season. The success rate of mineralized intercepts encountered thus far is remarkable, and now we see the fruits of this work in the form of exceptional assays coming back from early holes. Surebet is now continually delivering strong results, a trend I expect to continue given this update.”

Mr. Roger Rosmus, Founder & CEO of Goliath states: “The more we drill at the Surebet the better it gets with pleasant surprises along the way, which is a good rule of thumb about how new discoveries can become future mines. Most notably, the Surebet Discovery has widespread drill holes with gold visible to the naked eye and several containing high gram x meter assays. It is becoming abundantly clear to our team that Surebet is emerging as the most important grassroots high-grade gold discoveries in the Golden Triangle of British Columbia since the Eskay Creek discovery. We still have many holes with assays pending and are progressing toward completing our up to 60,000 meter drill program in 2025. This year's drilling campaign is shaping up to be our most impressive yet at the Surebet high-grade gold discovery. At this point we have only reported 7 holes of the 115 planned holes for 2025. We look forward to substantial assay news flow from this years aggressive drilling program.”

Recent results have returned exceptional high-grade gold from drill hole GD-25-337, which intersected 10.60 g/t Au over 22.82 meters (242 gram*meter hole), including 15.19 g/t Au over 15.71 meters, including two separate intervals consisting of 37.28 g/t Au or 1.20 oz/t Au over 3.36 meters and 36.11 or 1.16 oz/t Au over 3.08 meters from the andesite unit. Which is below the Bonanza Zone containing multiple occurrences of widespread VG-NE between 113.00 meters and 135.82 meters hosted within a zone of dense calc-silicate veins with moderate amounts of sphalerite, pyrrhotite and pyrite. Additional drill results have expanded the high-grade gold mineralization within the Bonanza Zone and associated structures, with several drill holes returning significant intercepts. Notably, drill hole GD-24-277 intersected 12.16 g/t Au over 6.0 meters, including a high-grade core of 18.22 g/t Au over 4.00 meters, hosted in a strongly altered andesite unit. This mineralization at the contact between sedimentary and volcanic rocks corresponding to the Bonanza Zone was further confirmed by hole GD-25-318, which intersected 11.03 g/t Au over 5.7 meters, hole GD-25-343, which returned 10.08 g/t Au over 5.0 meters, as well as hole GD-25-334 which intersected 6.85 g/t Au over 6.00 meters. The exceptional grades coupled with VG-NE within substantial quartz-sulphide veins, stockworks, and breccias, which are mineralized with sphalerite, pyrrhotite, and chalcopyrite, highlight the excellent potential for further resource expansion.

Table 1: Assay highlights from 2025 drill holes reported in this news release.

Hole ID		From (m)	To (m)	Interval (m)	Au (g/t)
	Interval	113.00	135.82	22.82	10.60
GD-25-337	including	120.11	135.82	15.71	15.19
	including	120.11	123.47	3.36	37.28
	and	132.74	135.82	3.08	36.11
GD-25-318	Interval	341.00	346.70	5.70	11.03
GD-25-343	Interval	612.00	617.00	5.00	10.08
GD-25-334	Interval	413.00	419.00	6.00	6.85
GD-24-277	Interval	114.00	120.00	6.00	12.16
	Including	115.00	119.00	4.00	18.22

High-grade gold mineralization has been confirmed in three distinct rock packages at the Surebet Discovery, which include: gently-dipping gold-rich mineralized stacked quartz-sulphide breccias/stock work veins; gold-rich intermediate to felsic Eocene-aged RIRG dykes that crosscut the veins; and the broad zones of calc-silicate altered breccia. All three rock packages contain substantial amounts of VG-NE and remain wide open, which strongly indicates the presence of a Motherlode magmatic causative source at depth responsible for the widespread high-grade gold mineralization at the Surebet Discovery.

Table 2: Collar information for drill holes reported in this news release.

Hole ID	CRS	Northing (m)	Easting (m)	Elevation (m)	Azimuth (deg)	Dip (deg)	Length (m)
GD-25-343	NAD83 / UTM zone 9N	6162734	457228	1481	138	50	660
GD-25-337	NAD83 / UTM zone 9N	6162509	457818	1141	244	62	370
GD-25-334	NAD83 / UTM zone 9N	6162734	457228	1481	128	66	696
GD-25-318	NAD83 / UTM zone 9N	6162964	456710	1635	105	77	662
GD-24-277	NAD83 / UTM zone 9N	6162440	457701	1133	0	80	990

The 2025 planned campaign is under way and consists of up to 60,000 meters of systematic drilling with 9 drill rigs. The campaign aims at expanding the full geometry of the Surebet discovery laterally and to depth. 100% of the drilling will be focused on the Surebet Discovery, where the Company has designed a detailed drill plan that will consist of: testing for the Motherlode Magmatic intrusive gold source; testing an additional 13 Eocene-aged dykes observed on the surface that have never been drill tested for RIRG mineralization; infill drilling with the goal of increasing pierce points density in all known stacked veins with a particular focus on the highest-grade areas from the Bonanza Zone and Surebet Zone intersection domain; testing zones where the RIRG dykes and gently dipping veins crosscut which are being called Goldilocks Zones as they are key locations where there are two styles of gold mineralization enriching the zones; and expanding the known mineralized veins laterally and to depth where they currently remain open.

Surebet Discovery Highlights

• 62 out of 65 holes (or 95%) drilled thus far in 2025 contain VG-NE and a 100% hit rate of drill holes have intersected substantial quartz-sulphide mineralization.

• 60 out of 64 holes (or 94%) drilled in 2024 contain VG-NE up to 11.5 mm (7/16 inches) in size, all of which returned high-grade gold.

• The best hole drilled to date is GD-24-260 previously reported from the Bonanza Zone assayed 34.52 g/t AuEq (34.47 Au and 3.96 Ag) over 39.00 meters, including 132.93 g/t AuEq (132.78 Au and 12.98 Ag) over 10.00 meters, and 166.04 g/t AuEq (165.84 Au and 16.07 Ag) over 8.00 meters delivering a 1346 gram*meter hole (see news release dated January 13, 2025).

• The best hole drilled to date from the RIRG Eocene-aged dykes is GD-22-58 that assayed 12.03 g/t AuEq (11.84 g/t Au and 15.61 g/t Ag) over 10.00 meters including 19.91 g/t AuEq (19.62 g/t Au and 25.61 g/t Ag) over 6.00 meters, including 23.82 g/t AuEq (23.47 g/t Au and 30.54 g/t Ag) over 5.00 meters, plus a second separate interval down hole of 8.59 g/t AuEq (8.35 g/t Au and 20.74 g/t Ag) over 5.00 meters (see news release dated March 13, 2025).

• The best hole drilled to date from the third distinct rock package consisting of calc-silicate altered breccia is drill hole GD-25-337, which intersected 10.60 g/t Au over 22.82 meters, including 15.19 g/t Au over 15.71 meters, including two separate intervals consisting of 37.28 g/t Au or 1.20 oz/t Au over 3.36 meters and 36.11 or 1.16 oz/t Au over 3.08 meters. The intercept is approximately true width, and these assays reflect gold only (AuEq value in the interval will be adjusted accordingly once Ag, Cu, Pb and Zn are received).

• Multiple gently-dipping gold-mineralized stacked veins have been identified every year on the Surebet high-grade gold discovery. Recent discoveries include RIRG Eocene-aged dykes, Goldilocks Zones where the veins and vertical RIRG dykes crosscut (which are characterized by having high-grade gold in two temperature regimes) and recently discovered high-grade gold in a third distinct rock package. Which continuously increase the potential tonnage and gold content of the high-grade gold system at the Surebet discovery.

• A total of 12 stacked gently dipping high-grade gold veins extend for 1.2 kilometers at the Surebet discovery, have been enhanced by four high-grade RIRG Eocene-aged dykes that are up to 25 meters wide and exposed along strike at surface for up to 1,500 meters have been discovered and modelled to date (see news release dated June 23, 2025).

• The footprint of the mineralization discovered to date at Surebet is 1.8 km2, greater then half the size of Central Park in New York City and remains open in all directions.

• Thanks to the mountainous topography, mineralization in the veins is exposed on the surface for 2.1 km of strike (1.0 km on the south slope and 1.1 km on the north slope) with a vertical relief of 700 meters.

• A study completed by the Colorado School of Mines confirms a new interpretation of the ore forming process of high-grade gold mineralization at Surebet and outlines a common magmatic source for the high-grade gold system, now in three distinct rock packages. Which gives the Surebet discovery tremendous untapped discovery potential to increase tonnage and gold content in the various known rock package. Until this study, researchers and explorers in the Golden Triangle had not recognized the high-grade gold discovery potential in the Eocene- aged RIRG dykes (see news release March 13, 2025), which is showing the potential that these discoveries could be a geological breakthrough in the Golden Triangle of British Columbia.

• Goliath has drilled a total of 92,000 meters with over 400 pierce points on the Golddigger property between 2021 and 2024, which culminated in the updated geologic model used for this year’s drill planning.

• The Surebet Discovery has predictable continuity and very good metallurgy with gold recoveries of 92.2% from gravity and flotation at a 327-micrometer crush including 48.8% free gold recovery from gravity alone (no cyanide required to recover the gold). The metallurgy completed to date shows a benign rock composition without deleterious elements (see news release March 1, 2023).

• Based on positive grassroots exploration and drill results in recent years, Goliath significantly increased its land package from 66,608 hectares to 91,518 hectares (226,146 acres) and now controls 56 kilometers of key terrain of the Red Line geologic trend providing for additional upside discovery potential.

• The Golddigger Property is located on tidewater with a barge route to Prince Rupert (190 km south) and close to infrastructure including the town of Kitsault adjacent to a permitted mine site on private property.

About Golddigger Property

The Golddigger Property is 100% controlled and covers an area of 91,518 hectares in a highly prospective geological setting of the Eskay Rift, within 3 kilometers of the Red Line in the Golden Triangle of British Columbia. This area, in close proximity to the Red Line, has hosted some of Canada’s greatest gold mines including Eskay Creek, Premier and Snip. Other significant and well-known deposits in the Golden Triangle include Brucejack, Copper Canyon, Galore Creek, Granduc, KSM, Red Chris, and Schaft Creek. Goliath controls 56 kilometers of the Red Line which is a geologic contact between Triassic age Stuhini rocks and Jurassic age Hazelton rocks used as key markers when exploring for gold-copper-silver mineralization.

The Surebet discovery has predictable continuity and excellent metallurgy with gold recoveries from gravity and flotation at a 327-micrometer crush of 92.2% including 48.8% free gold from gravity alone (no cyanide required to recover the gold). The metallurgy completed to date shows no deleterious elements are present (see news release dated March 1, 2023).

The Property is in an excellent location in close proximity to the communities of Alice Arm and Kitsault where there is a permitted mill site on private property. It is situated on tide water with direct barge access to Prince Rupert (190 kilometers via the Observatory inlet/Portland inlet). The town of Kitsault is accessible by road (190 kilometers from Terrace, 300 kilometers from Prince Rupert) and has a barge landing, dock, and infrastructure capable of housing at least 300 people, including high-tension power.

Additional infrastructure in the area includes the Dolly Varden Silver Mine Road (only 7 kilometers to the East of the Surebet discovery) with direct road access to Alice Arm barge landing (18 kilometers to the south of the Surebet discovery) and high-tension power (25 kilometers to the east of Surebet discovery). The city of Terrace (population 16,000) provides access to railway, major highways, and airport with supplies (food, fuel, lumber, etc.), while the town of Prince Rupert (population 12,000) is located on the West Coast of British Columbia and houses an international container seaport also with direct access to railway and an airport.

About CASERM (Center to Advance the Science of Exploration to Reclamation in Mining)

Goliath Resources is a paying member and active supporter of the Center to Advance the Science of Exploration to Reclamation in Mining (CASERM), which is one of the world’s largest research centers in the mining sector. CASERM is a collaborative research venture between Colorado School of Mines and Virginia Tech that is supported by a consortium of mining and exploration companies, analytical instrumentation and software companies, and federal agencies aiming to transform the way geoscience data is acquired and used across the mining value chain. The center forms part of the I-UCRC program of the National Science Foundation. Research focuses on the integration of diverse geoscience data to improve decision making across the mine life cycle, beginning with the exploration for subsurface resources continuing through mine operation as well as closure and environmental remediation. Over the past three years, Goliath Resources’ membership in CASERM has allowed a high level of research to be performed on the Surebet Discovery.

Qualified Person

Rein Turna P. Geo is the qualified person as defined by National Instrument 43-101, for Goliath Resource Limited projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release. Mr. Turna is an Independent Director of the Company.

About Goliath Resources Limited

Goliath Resources is an explorer of precious metals projects in the highly prospective Golden Triangle of Northwestern British Columbia. All of its projects are in high quality geological settings and geopolitical safe jurisdictions amenable to mining in Canada. Goliath is a member and active supporter of CASERM which is an organization that represents a collaborative venture between Colorado School of Mines and Virginia Tech. Goliath’s key strategic cornerstone shareholders include Crescat Capital, a Global Commodity Group (Singapore), McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), Waratah Capital Advisors, Mr. Rob McEwen, Mr. Eric Sprott and Mr. Larry Childress.

For more information please contact:

Goliath Resources Limited Mr. Roger Rosmus Founder and CEO Tel: +1.416.488.2887roger@goliathresources.com www.goliathresourcesltd.com

Disclaimer

The reader is cautioned that grab samples are spot samples which are typically, but not exclusively, constrained to mineralization. Grab samples are selective in nature and collected to determine the presence or absence of mineralization and are not intended to be representative of the material sampled.

Oriented HQ-diameter or NQ-diameter diamond drill core from the drill campaign is placed in core boxes by the drill crew contracted by the Company. Core boxes are transported by helicopter to the staging area and then transported by truck to the core shack. The core is then re-orientated, meterage blocks are checked, meter marks are labelled, Recovery and RQD measurements taken, and primary bedding and secondary structural features including veins, dykes, cleavage, and shears are noted and measured. The core is then described and transcribed in MX DepositTM. Drill holes were planned using Leapfrog GeoTM and QGISTM software and data from the 2017-2024 exploration campaigns. Drill core containing quartz breccia, stockwork, veining and/or sulphide(s), or notable alteration is sampled in lengths of 0.5 to 1.5 meters. Core samples are cut lengthwise in half: one-half remains in the box and the other half is inserted in a clean plastic bag with a sample tag. The bagged samples are then weighed and secured with a zip tie. Certified reference materials (CRMs), blanks and duplicates are added in the sample stream at a rate of 10%. To ensure analytical anonymity, CRM identification labels are removed prior to submission to the laboratory. Additional out-of-sequence blanks are introduced immediately following core samples that contain VG-NE or high-grade sulphide mineralization.

Grab, channels, chip and talus samples were collected by foot with helicopter assistance. Prospective areas included, but were not limited to, proximity to MINFile locations, placer creek occurrences, regional soil anomalies, and potential gossans based on high-resolution satellite imagery. The rock grab and chip samples were extracted using a rock hammer, or hammer and chisel to expose fresh surfaces and to liberate a sample of anywhere between 0.5 to 5.0 kilograms. All sample sites were flagged with biodegradable flagging tape and marked with the sample number. All sample sites were recorded using hand-held GPS units (accuracy 3-10 meters) and sample ID, easting, northing, elevation, type of sample (outcrop, subcrop, float, talus, chip, grab, etc.) and a description of the rock were recorded on all-weather paper. Samples are then inserted in a clean plastic bag with a sample tag for transport and shipping to the geochemistry lab. QA/QC samples including blanks, certified reference materials, and duplicate samples are inserted regularly into the sample sequence at a rate of 10%.

All samples are transported in rice bags sealed with numbered security tags. The rice bags are transported from the core shacks to the MSALABS facilities in Terrace, BC. MSALABS is certified with both AC89-IAS and ISO/IEC Standard 17025:2017. The core samples undergo preparation via drying, crushing to ~70% of the material passing a 2 mm sieve and riffle splitting. The sample splits are weighed and transferred into three plastic jars, each containing between 300 g and 500 g of crushed sample material. A 250 g split is pulverized to ensure at least 85% of the material passes through a 75 µm sieve. The crushed samples are transported to the MSALABS PhotonAssayTM facility in Prince George, where gold concentrations are quantified via photon assay analysis (method CPA-Au1). Samples that result in gold concentrations ≥5 ppm are analyzed to extinction. Photon assay uses high-energy X-rays (photons) to excite atomic nuclei within the jarred samples, inducing the emission of secondary gamma rays, which are measured to quantify gold concentrations. The assays from all jars are combined on a weight-averaged basis. Multielement analyses are carried at the MSALABS facilities in Surrey, BC, where 250 g of pulverized splits are analyzed via ICF6xx and IMS-230 methods. The IMS-230 method uses 4-acid digestion (a combination of hydrochloric, nitric, perchloric and hydrofluoric acids) followed by inductively coupled plasma emission spectrometry to quantify concentrations of 48 elements. Samples with over-limit results for Ag, Cu, Pb and Zn undergo ore-grade analysis via the ICF-6xx method (where ‘xx’ denotes the target metal). This method employs 4-acid digestion followed by inductively coupled plasma emission spectrometry.

Widths are reported in drill core lengths and the true widths are estimated to be 80-90% and Gold Equivalent (AuEq) metal values are calculated using: Au 2797.16 USD/oz, Ag 31.28 USD/oz, Cu 4.25 USD/lbs, Pb 1955.58 USD/ton and Zn 2750.50 USD/ton on January 31st, 2025. There is potential for economic recovery of gold, silver, copper, lead, and zinc from these occurrences based on other mining and exploration projects in the same Golden Triangle Mining Camp where Goliath’s project is located such as the Homestake Ridge Gold Project (Auryn Resources Technical Report, Updated Mineral Resource Estimate and Preliminary Economic Assessment on the Homestake Ridge Gold Project, prepared by Minefill Services Inc. Bothell, Washington, dated May 29, 2020). Here, AuEq values were calculated using 3-year running averages for metal price, and included provisions for metallurgical recoveries, treatment charges, refining costs, and transportation. Recoveries for Gold were 85.5%, Silver at 74.6%, Copper at 74.6% and Lead at 45.3%. It will be assumed that Zinc can be recovered with the Copper at the same recovery rate of 74.6%. The quoted reference of metallurgical recoveries is not from Goliath’s Golddigger Project, Surebet Zone mineralization, and there is no guarantee that such recoveries will ever be achieved, unless detailed metallurgical work such as in a Feasibility Study can be eventually completed on the Golddigger Project.

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

Certain 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 and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on Goliath’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to, among other things, the ability of the Company to complete financings and its ability to build value for its shareholders as it develops its mining properties. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to Goliath. Although such statements are based on management's reasonable assumptions, there can be no assurance that the proposed transactions will occur, or that if the proposed transactions do occur, will be completed on the terms described above.

The forward-looking information contained in this release is made as of the date hereof and Goliath 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. The foregoing statements expressly qualify any forward-looking information contained herein.

This announcement does not constitute an offer, invitation, or recommendation to subscribe for or purchase any securities and neither this announcement nor anything contained in it shall form the basis of any contract or commitment.  In particular, this announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States, or in any other jurisdiction in which such an offer would be illegal.

The securities referred to herein have not been and will not be will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Harmony Gold Mining Co. Ltd. HMY is slated to report fiscal 2025 results before the opening bell on Aug. 28. The Zacks Consensus Estimate for fiscal 2025 earnings has been stable in the past 60 days. The consensus estimate for earnings is pegged at $2.85 per share, suggesting a 190.8% year-over-year rise.

Zacks Investment Research

Image Source: Zacks Investment Research

The benefits of higher gold prices and strong production in the final quarter of fiscal 2025 are expected to reflect on HMY’s performance amid headwinds from higher costs.

FY25 Earnings Whispers for HMY Stock

Our proven model does not conclusively predict an earnings beat for HMY. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the chances of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.HMY has an Earnings ESP of 0.00% and a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.

Factors Shaping HMY’s FY25 Results

Higher gold prices are likely to have supported the company’s performance. Gold prices have racked up strong gains this year as worries over the global trade war have boosted safe-haven demand. Prices hit new highs driven by a surge in safe-haven demand amid the intense trade tussle, geopolitical tensions, a weak dollar and increased purchases by central banks. Prices of the yellow metal rocketed to a record high of $3,500 per ounce on April 22. While gold prices retreated from their April 2025 highs, they closed the second quarter above the $3,300 per ounce level. The company is also likely to have achieved its full-year fiscal 2025 production guidance of 1.4-1.5 million ounces, even though gold output declined year over year in the first nine months. The company produced roughly 1.11 million ounces during this period, down 6% from 1.18 million ounces a year ago, largely due to interruptions from unprecedented rainfall in South Africa, which impacted electricity supply to its West Wits operations. This impacted production from Mponeng, Doornkop and Kusasalethu operations.   Nevertheless, Harmony is expected to have met the annual production target, banking on a stronger final quarter and improved performance at its high-grade Mponeng and Moab Khotsong assets. It raised its underground recovered grade guidance to 6.00g/t from 5.80g/t, driven by strong performances from Mponeng and Moab Khotsong. Harmony, like most miners, is exposed to higher costs, which is likely to have been a drag on its performance. Labor and electricity remain the largest components of its cost structure. It saw a roughly 24% surge in all-in-sustaining costs (in dollars) in the third quarter of fiscal 2025. Total cash costs also climbed 22% year over year in the quarter. While the company is implementing various energy-saving initiatives and launching a renewable energy program, the burden of higher electricity costs is unlikely to have abated due to higher tariffs.

HMY Stock’s Price Performance and Valuation

HMY’s shares have popped 53.4% in a year, topping the Zacks Mining – Gold industry’s 49.4% rise and the S&P 500’s increase of 15.8%. With respect to its major peers, Gold Fields Limited GFI and DRDGOLD Limited DRD have surged 125.4% and 109.8%, respectively, over the same period.

HMY’s One-year Price PerformanceZacks Investment Research

Image Source: Zacks Investment Research

From a valuation standpoint, Harmony Gold is currently trading at a forward 12-month earnings multiple of 5.52, a roughly 60.5% discount to the peer group average of 13.97X. HMY is also trading at a discount to Gold Fields and DRDGOLD. Harmony Gold has a Value Score of B, while both Gold Fields and DRDGOLD have a Value Score of C.

HMY’s P/E F12M Vs. Industry, GFI and DRDZacks Investment Research

Image Source: Zacks Investment Research

Investment Thesis for HMY Stock

Harmony, South Africa's biggest gold producer by volume, has a diverse portfolio of gold development projects spread across South Africa and Papua New Guinea (PNG).  The company’s development projects currently in progress include the development of the Wafi-Golpu copper-gold project in PNG and the Eva Copper project in Australia. The Wafi-Golpu project is believed to be a game-changer for the company, with an estimated gold reserve of 13 million ounces. The low-risk Eva Copper project in Australia offers additional upside, giving HMY a significant global copper-gold footprint. HMY also boasts a strong balance sheet and generates substantial cash flows, which allows it to finance its development projects and drive shareholder value. Higher gold prices are expected to boost HMY’s profitability and drive cash flow generation. However, elevated energy and labor costs are likely to weigh on its margins.

Final Thoughts: Hold Onto HMY Shares

Harmony is advancing several key development projects, which are expected to enhance production and expand its international footprint. The acquisition of Eva Copper aligns with the company’s goal of transitioning into a low-cost gold and copper producer. The favorable gold price environment is also expected to aid HMY’s performance. However, its high electricity and labor costs warrant caution. Therefore, holding onto HMY stock will be prudent ahead of its earnings announcement.

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Gold Fields Limited (GFI) : Free Stock Analysis Report

Harmony Gold Mining Company Limited (HMY) : Free Stock Analysis Report

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This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

• Sociedad Química y Minera de Chile S.A. recently provided third quarter earnings guidance projecting sales at least 10% higher than the previous quarter, following the release of its second quarter results showing sales of US$1,036.4 million and net income of US$88.4 million, both lower than the same period last year.

• Despite the weaker second quarter performance, the company’s projection for significant quarter-over-quarter sales growth signals management’s confidence in a near-term operational rebound.

• We’ll examine how SQM’s guidance for a double-digit sales gain in the upcoming quarter may influence its longer-term investment narrative.

These 13 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch.

Sociedad Química y Minera de Chile Investment Narrative Recap

To be a shareholder in Sociedad Química y Minera de Chile (SQM), you need conviction in the future demand for lithium and related minerals, as well as faith in the company’s ability to navigate shifting commodity prices and capital requirements. The news that management expects at least a 10% sales increase for the third quarter is an encouraging sign for those watching short-term catalysts. Still, current pressures on net income and potential financing needs from lithium price volatility remain significant risks, which the guidance only partially addresses.

The announcement of the third quarter earnings guidance is especially relevant here, reflecting management’s outlook for an operational recovery after a weaker second quarter. While improved quarter-over-quarter sales could lift sentiment, it remains important to closely track the company's ability to maintain cash flow and manage further capital expenditure requirements, given recent net income pressures and ongoing investment plans.

However, investors should keep in mind the contrast between projected sales growth and the risk posed by possible additional capital raising in the event of lower lithium prices, which could…

Read the full narrative on Sociedad Química y Minera de Chile (it's free!)

Sociedad Química y Minera de Chile's outlook anticipates $6.3 billion in revenue and $1.7 billion in earnings by 2028. This scenario is based on an expected 11.8% annual revenue growth rate and an earnings increase of $1.1 billion from current earnings of $602.7 million.

Uncover how Sociedad Química y Minera de Chile's forecasts yield a $48.52 fair value, a 4% upside to its current price.

Exploring Other PerspectivesSQM Community Fair Values as at Aug 2025

Simply Wall St Community members have contributed nine unique fair value estimates for SQM, ranging from as low as US$4.85 to US$48.52. While opinions on valuation differ widely, many remain focused on how expansion plans and lithium market dynamics may shape the company’s future profitability.

Explore 9 other fair value estimates on Sociedad Química y Minera de Chile – why the stock might be worth less than half the current price!

Build Your Own Sociedad Química y Minera de Chile Narrative

Disagree with existing narratives? Create your own in under 3 minutes – extraordinary investment returns rarely come from following the herd.

• A great starting point for your Sociedad Química y Minera de Chile research is our analysis highlighting 3 key rewards and 2 important warning signs that could impact your investment decision.

• Our free Sociedad Química y Minera de Chile research report provides a comprehensive fundamental analysis summarized in a single visual – the Snowflake – making it easy to evaluate Sociedad Química y Minera de Chile's overall financial health at a glance.

Searching For A Fresh Perspective?

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• Trump's oil boom is here – pipelines are primed to profit. Discover the 22 US stocks riding the wave.

• Rare earth metals are the new gold rush. Find out which 27 stocks are leading the charge.

• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include SQM.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

If you are weighing your next move with BHP Group stock, you are far from alone. The stock has been on a steady climb lately, gaining 1.3% over the past week, 4.5% for the last month, and an impressive 8.3% in the past year. Looking back even further, BHP Group has rewarded patient investors with an 80.8% gain over five years. This naturally draws attention when deciding whether to buy more, hold, or perhaps even take some profit off the table. There is plenty of recent news impacting investor sentiment. On the positive side, BHP is taking a leadership role in an ambitious consortium exploring carbon capture initiatives across Asia. This is a strategic play that could enhance the company's future prospects and its alignment with cleaner industry trends. Of course, there have been challenges, too. Legal headlines about longstanding settlements related to the Mariana dam disaster put a spotlight on risk, which can sway opinions on what is already a closely watched stock. So, is BHP Group undervalued? According to the standard six-check valuation score, the company clocks in at 2 out of 6. This indicates that while it is undervalued by some measures, investors may want a closer look before making a move. Next, we will break down how these different valuation approaches stack up, and keep an eye out for a more insightful way to cut through the noise at the end of the article. BHP Group scores just 2/6 on our valuation checks. See what other red flags we found in the full valuation breakdown.

Approach 1: BHP Group Cash Flows

A Discounted Cash Flow (DCF) model estimates what a company is really worth by projecting its future cash flows and then discounting them back to today. This helps investors judge if the current stock price is attractive.

For BHP Group, the company reported a Last Twelve Months Free Cash Flow of $10.4 billion. Analysts project that annual free cash flow will decrease slightly over the coming years, with estimates dropping to $7.2 billion by 2028 and, based on extrapolations, reaching around $6.4 billion in 2035.

Based on these projections, the DCF calculation produces an estimated intrinsic value of $37.35 per share. When compared to BHP Group's share price, the model suggests the stock is trading at a 14.2% premium. This means it is 14.2% overvalued by this approach.

Result: OVERVALUED

Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for BHP Group.

BHP Discounted Cash Flow as at Aug 2025

Our DCF analysis suggests BHP Group may be overvalued by 14.2%. Find undervalued stocks based on DCF analysis or create your own screener to find better value opportunities.

Approach 2: BHP Group Price vs Earnings

The Price-to-Earnings (PE) ratio is one of the most widely used valuation multiples, especially for profitable companies like BHP Group. It offers a straightforward way to compare how much investors are willing to pay for each dollar of earnings. Generally, companies with better growth prospects and lower risk trade at higher PE ratios, while those facing uncertainty or slower growth are valued at lower multiples.

Currently, BHP Group trades at a PE ratio of 15.56x. This is slightly higher than the industry average of 14.42x for the Metals and Mining sector but below its peer average of 17.60x. These benchmarks provide helpful context but do not tell the whole story, as they overlook unique growth rates, risk profiles, and company fundamentals.

That is where Simply Wall St's "Fair Ratio" comes in. The Fair Ratio (20.01x) is tailored for BHP by considering its earnings growth forecasts, profitability, industry landscape, company size, and risk factors. By taking these important factors into account, the Fair Ratio gives a more nuanced and accurate reflection of what a fair valuation multiple should be, rather than relying solely on industry peers or averages.

With BHP's current 15.56x PE trailing the 20.01x Fair Ratio, the stock appears to be undervalued using this approach.

Result: UNDERVALUED

ASX:BHP PE Ratio as at Aug 2025

PE ratios tell one story, but what if the real opportunity lies elsewhere? Discover companies where insiders are betting big on explosive growth.

Upgrade Your Decision Making: Choose your BHP Group Narrative

Earlier we mentioned that there is an even better way to understand valuation. Let us introduce you to Narratives. Simply put, a Narrative is your personal story or perspective on a company, brought to life by linking your assumptions about BHP Group's future revenue, profit margins, and fair value to a forecast that you can track.

Narratives allow you to connect the company's broader story with concrete financial forecasts and a resulting fair value, all within an easy-to-use tool on Simply Wall St's Community page, which is used by millions of investors worldwide.

With Narratives, you can quickly see how your view of BHP’s prospects compares to others. You can make buy or sell decisions by comparing your Fair Value to the current share price.

As new news or earnings are released, Narratives are automatically refreshed, giving you real-time context to adjust your view.

For example, one investor might believe BHP’s ambitious copper growth justifies a Fair Value above A$41. Another may see risks from debt or commodity price swings and set their Fair Value much lower. Ultimately, Narratives help you make sense of what really matters to you as an investor.

Do you think there's more to the story for BHP Group? Create your own Narrative to let the Community know!

ASX:BHP Community Fair Values as at Aug 2025

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include BHP.AX.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

Critical Metals Corp

Strategic LOI marks a major commercial milestone for the Company’s Tanbreez Project

10-year supply agreement of heavy rare earth concentrate from Tanbreez to Ucore’s U.S. Department of Defense funded Louisiana processing facility 

NEW YORK, Aug. 26, 2025 (GLOBE NEWSWIRE) — Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp” or the “Company”), a leading critical minerals mining company, today announced that it has signed a letter of intent (LOI) for an offtake agreement with Ucore Rare Metals Inc (“Ucore”), a leader in rare-and critical-metal resources, extraction, beneficiation, and separation technologies.

Under the terms of the multi-year offtake arrangement, Critical Metals Corp expects to supply up to 10,000 metric tons annually of rare earth concentrate from its Tanbreez Project, which represents approximately 10% of the project’s initial projected production. After hydro-metallurgical processing, the concentrate will be used as feedstock for Ucore’s rare earth element processing facility, which is focused on heavy rare earths and broke ground in May, in Alexandria, Louisiana and Ucore’s facility in Kingston, Ontario. The Louisiana facility, which received support and funding from the state government and the U.S. Department of Defense, will produce high-purity rare earth oxides from mixed rare earth carbonates or oxides, which Critical Metals Corp expects to produce at Tanbreez.

“Critical Metals Corp’s Tanbreez offers tremendous opportunities for Ucore given the significant concentration of heavy rare earths it contains, which are essential for our processing facility in Louisiana, and our downstream partners,” said Pat Ryan, Chairman and CEO of Ucore. “Both Critical Metals Corp and Ucore share a vision to lessen China’s grip of the rare earth ecosystem in the West, and we look forward to our partnership, positioning us both to meet the growing demand for rare earths while addressing national security challenges.”

“This development further validates the opportunities ahead for Critical Metals Corp and the strength of our world-class asset in Southern Greenland,” said Tony Sage, CEO and Executive Chairman of Critical Metals Corp. “Securing this offtake provides Critical Metals Corp both with our first buyer and the flexibility to supply other US based rare earth facilities in the future, given the immense size of our Tanbreez deposit. We look forward to teaming up with Ucore and their exceptional team to support the development of a robust supply chain in America that isn’t reliant on China.”

Next Steps

The parties are working expeditiously toward definitive documentation. The execution of definitive agreements remains subject to customary conditions including completion of due diligence, finalization of commercial terms, and necessary approvals.

About Critical Metals Corp.

Critical Metals Corp (Nasdaq: CRML) is a leading mining development company focused on critical metals and minerals, and producing strategic products essential to electrification and next generation technologies for the United States, Europe and their western world partners. Its flagship Project, Tanbreez, is one of the world's largest rare earth deposits and is located in Southern Greenland. The deposit is expected to have access to key transportation outlets as the area features year-round direct shipping access via deep water fjords that lead directly to the North Atlantic Ocean.

Another key asset is the Wolfsberg Lithium Project located in Carinthia, 270 km south of Vienna, Austria. The Wolfsberg Lithium Project is the first fully permitted mine in Europe and is strategically located with access to established road and rail infrastructure and is expected to be the next major producer of key lithium products to support the European market. Wolfsberg is well positioned with offtake and downstream partners to become a unique and valuable asset in an expanding geostrategic critical metals portfolio.

With this strategic asset portfolio, Critical Metals Corp is positioned to become a reliable and sustainable supplier of critical minerals essential for defense applications, the clean energy transition, and next-generation technologies in the western world.

For more information, please visit https://www.criticalmetalscorp.com/.

About Ucore Rare Metals Inc.

Ucore is focused on rare- and critical-metal resources, extraction, beneficiation, and separation technologies with the potential for production, growth, and scalability. Ucore’s vision and plan is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry.

Through strategic partnerships, this plan includes disrupting the People’s Republic of China’s control of the North American REE supply chain through the near-term development of a heavy and light rare-earth processing facility in the US State of Louisiana, subsequent SMCs in Canada and Alaska and the longer-term development of Ucore’s 100% controlled Bokan-Dotson Ridge Rare Heavy REE Project on Prince of Wales Island in Southeast Alaska, USA.

Ucore is listed on the TSXV under the trading symbol “UCU” and in the United States on the OTC Markets’ OTCQX® Best Market under the ticker symbol “UURAF.”

For further information, please visit www.ucore.com.

Cautionary Note Regarding Forward Looking Statements

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements include statements regarding expectations of our business and the plans and objectives of management for future operations. These statements constitute projections, forecasts and forward-looking statements, and are not guarantees of performance. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this news release, forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target,” “designed to” or other similar expressions that predict or indicate future events or trends or that are not statements of historical facts. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements.

Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements for many reasons, including the factors discussed under the “Risk Factors” section in the Company’s Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission. These forward-looking statements are based on information available as of the date of this news release, and expectations, forecasts and assumptions as of that date, involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

Critical Metals Corp.

Investor Relations: ir@criticalmetalscorp.com

Media: pr@criticalmetalscorp.com

Halifax, Nova Scotia–(Newsfile Corp. – August 26, 2025) – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce the execution of a Non-binding Letter of Intent ("LOI") with Critical Metals Corp. (NASDAQ: CRML) ("CMC") for a long-term offtake agreement to secure heavy rare earth element feedstock from CMC's Tanbreez Project in southern Greenland.

Under the terms of the proposed arrangement, Critical Metals Corp. intends to supply Ucore with a rare earth product from Tanbreez over an initial 10-year term. This material will be used as feedstock for Ucore's Strategic Metals Complex (SMC) in Alexandria, Louisiana, a facility supported by both the U.S. Department of Defense and the State of Louisiana. Smaller volumes will initially be processed at Ucore's Commercial Demonstration Facility ("CDF") in Kingston, Ontario.

"Critical Metals Corp's Tanbreez offers tremendous opportunities for Ucore given the significant concentration of heavy rare earths it contains, which are essential for the production of rare earth permanent magnets," said Pat Ryan, Chairman and CEO of Ucore. "Both Critical Metals Corp and Ucore share a vision to lessen China's grip of the rare earth ecosystem in the West, and we look forward to our partnership, positioning us both to meet the growing demand for rare earths while addressing national security challenges."

"Ucore's refining capabilities, together with feedstock from the Tanbreez project, has the potential to fill key gaps in the western rare earth supply chain," said Tony Sage, CEO and Executive Chairman of Critical Metals Corp. "These materials are critical to a number of western defense and consumer applications and we look forward to teaming up with Ucore and their exceptional team to support the development of a robust supply chain in America that isn't reliant on China."

The non-binding LOI sets out the parties' intentions to negotiate and execute a Definitive Offtake Agreement. Terms of the LOI include the delivery of a mixed rare earth carbonate or oxide, with specifications to be agreed to, over a multi-year term commencing on the later of July 1, 2027 or commercial production. The execution of a Definitive Offtake Agreement remains subject to customary conditions including completion of due diligence, finalization of commercial terms, and necessary approvals.

# # #

 

About Ucore Rare Metals Inc.

Ucore is focused on rare- and critical-metal resources, extraction, beneficiation, and separation technologies with the potential for production, growth, and scalability. Ucore's vision and plan is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry.

Through strategic partnerships, this plan includes disrupting the People's Republic of China's control of the North American REE supply chain through the near-term development of a heavy and light rare-earth processing facility in the US State of Louisiana, subsequent SMCs in Canada and Alaska and the longer-term development of Ucore's 100% controlled Bokan-Dotson Ridge Rare Heavy REE Project on Prince of Wales Island in Southeast Alaska, USA ("Bokan").

Ucore is listed on the TSXV under the trading symbol "UCU" and in the United States on the OTC Markets' OTCQX® Best Market under the ticker symbol "UURAF."

For further information, please visit www.ucore.com.

Forward-Looking Statements

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release (other than statements of historical facts) that address future business development, technological development and/or acquisition activities (including any related required financings), timelines, events, or developments that the Company is pursuing are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance or results, and actual results or developments may differ materially from those in forward-looking statements.

Regarding the disclosure in the press release above about the government support for Ucore, the Company has assumed that the applicable projects (including each of the associated milestones) will be completed satisfactorily and in accordance with the respective agreements or letters of intent (as applicable) for such government support. For additional risks and uncertainties regarding the Company, its business activities, its ability to qualify for and receive any additional funding from any U.S. or Canadian government, the CDF and the aforementioned projects (generally), see the risk disclosure in the Company's MD&A for Q1 2025 (filed on SEDAR+ on May 9, 2025) (www.sedarplus.ca) as well as the risks described below. As noted above, the execution of a Definitive Offtake Agreement will be conditional upon the parties agreeing on commercial terms, among other conditions precedent.

Regarding the disclosure above in the "About Ucore Rare Metals Inc." section, the Company has assumed that it will be able to procure or retain additional partners and/or suppliers, in addition to Innovation Metals Corp. ("IMC"), as suppliers for Ucore's expected future SMCs. Ucore has also assumed that sufficient external funding will be found to continue and complete the ongoing research and development work required at the CDF and also later prepare a new National Instrument 43-101 technical report that demonstrates that Bokan is feasible and economically viable for the production of both REE and co-product metals and the then prevailing market prices based upon assumed customer offtake agreements. Ucore has also assumed that sufficient external funding will be secured to continue the development of the specific engineering plans for the SMCs and their construction and eventual commissioning and operations. Factors that could cause actual results to differ materially from those in forward-looking statements include, without limitation: IMC failing to protect its intellectual property rights in RapidSX™; RapidSX™ failing to demonstrate commercial viability in large commercial-scale applications; Ucore not being able to procure additional key partners or suppliers for the SMCs; Ucore not being able to raise sufficient funds to fund the specific design and construction of the SMCs and/or the continued development of RapidSX™; adverse capital-market conditions; unexpected due-diligence findings; the emergence of alternative superior metallurgy and metal-separation technologies; the inability of Ucore and/or IMC to retain its key staff members; a change in the legislation in Louisiana or Alaska and/or in the support expressed by the Alaska Industrial Development and Export Authority (AIDEA) regarding the development of Bokan; the availability and procurement of any required interim and/or long-term financing that may be required; and general economic, market or business conditions.

Neither the TSXV nor its Regulation Services Provider (as that term is defined by the TSXV) accept responsibility for the adequacy or accuracy of this release.

CONTACTS

Mr. Michael Schrider, P.E., Ucore Vice President and Chief Operating Officer, is responsible for the content of this news release and may be contacted at 1.902.482.5214.

For additional information, please contact:

Mark MacDonaldVice President, Investor RelationsUcore Rare Metals Inc.1.902.482.5214mark@ucore.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/263944

Virtual Investor Conferences

Company Executives Share Vision and Answer Questions Live at VirtualInvestorConferences.com

NEW YORK, Aug. 26, 2025 (GLOBE NEWSWIRE) — Virtual Investor Conferences, the leading proprietary investor conference series announced the agenda for the Clean Energy Metals Virtual Investor Conference to be held August 28th.

Individual investors, institutional investors, advisors, and analysts are invited to attend.REGISTER HERE

It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. There is no cost to log-in, attend live presentations, or schedule 1×1 meetings with management.

"OTC Markets is proud to host the Clean Energy Metals Virtual Investor Conference, featuring 15 companies working with the metals driving clean, green, and sustainable energy generation, from EV batteries to nuclear and beyond,” said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "This event gives investors a front-row seat to the companies powering the global energy transition.”

August 28th

EasternTime (ET)	Presentation	Ticker(s)
9:00 AM ET	Lake Resources NL	(OTCQB: LLKKF | ASX: LKE)
9:30 AM ET	ACG Metals Limited	(OTCID ACGAF | LSE: ACG)
10:00 AM ET	Talga Group Ltd.	(OTCQX: TLGRF | ASX: TLG)
10:30 AM ET	CoTec Holdings Corp.	(OTCQB: CTHCF | TSXV: CTH)
11:00 AM ET	Neo Performance Materials Inc.	(OTCQX: NOPMF | TSX: NEO)
11:30 AM ET	First Phosphate Cop.	(OTCQX: FRSPF | CSE: PHOS)
12:00 PM ET	Giga Metals Corp.	(OTCQB: GIGGF | TSXV: GIGA)
12:30 PM ET	Terra Balcanica Resources Corp	(OTCQB: TEBAF | CSE: TERA)
1:00 PM ET	District Metals Corp.	(OTCQB: DMXCF | TSXV: DMX)
1:30 PM ET	Graphite One Inc.	(OTCQX: GPHOF | TSXV: GPH)
2:00 PM ET	Lion Copper & Gold Corp.	(OTCQB: LCGMF | CSE: LEO)
2:30 PM ET	Ucore Rare Metals, Inc.	(OTCQX: UURAF | TSXV: UCU)
3:00 PM ET	Intrepid Metals Corp	(OTCQB: IMTCF | TSXV: INTR)
4:00 PM ET	Resolution Minerals Ltd.	(OTCQB: RLMLF | ASX: RML)
4:30 PM ET	Graphene Manufacturing Group Ltd.	(OTCQX: GMGMF | TSXV: GMG)

To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com.

About Virtual Investor Conferences®

Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

Media Contact: OTC Markets Group Inc. +1 (212) 896-4428, media@otcmarkets.com

Virtual Investor Conferences Contact:John M. ViglottiSVP Corporate Services, Investor AccessOTC Markets Group (212) 220-2221johnv@otcmarkets.com

(Updates shares.) Apollo Silver (APGO.V) said Monday it expanded its team focused on the Calico s

Apollo Silver (APGO.V) said Monday that it expanded its team focused on the Calico silver project in

Apollo Silver Corp.

Company amends Langtry option and prepares to advance exploration and resource development programs

VANCOUVER, British Columbia, Aug. 25, 2025 (GLOBE NEWSWIRE) — Apollo Silver Corp. (“Apollo” or the “Company”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce a number of positive developments at its Calico Silver Project (“Calico” or the “Calico Project”) located in San Bernardino County, California.

Highlights:

• Appointment of Senior Project Manager: Tony Gonzales, P.Geo., with over 35 years of mineral exploration experience, including leading roles at BHP and Fission Uranium, joins as Senior Project Manager with a focus on advancing Calico.

• Langtry Option Extension: The Company has executed an amendment to one of its Option to Purchase Agreements for the Strachan portion of the Langtry Property, extending its right to acquire up to 100% of that portion of the property by an additional nine (9) years.

• Waterloo Permit Extension: The Company has received approval for a third extension of the Temporary Use Permit (“TUP”) for the Waterloo Property, which allows for exploration drilling activities for the next twelve (12) months.

• Strengthening of Technical Advisors: The Company has engaged George Kenline, PG, CHg, CEG, a California-licensed Engineering Geologist and Hydrogeologist, and Genesg, a consulting firm with global expertise specializing in permitting, stakeholder relations, sustainability, and ESG leadership, to its technical advisory team for Calico.

Appointment of Senior Project Manager

To support the advancement of Calico, Apollo is also pleased to announce the appointment of Tony Gonzales, P. Geo., as Senior Project Manager.

Tony brings more than 35 years of mineral exploration experience, including nearly two decades with mining giant BHP. He was instrumental in advancing the EKATI Diamond Mine from exploration through to production, holding senior positions such as Senior Exploration Geologist, Technical Specialist (R&D), and Superintendent of Exploration.

As Project Manager at Fission Energy, Tony oversaw advanced exploration of the J Zone uranium deposit at Waterbury Lake. He later served as Senior Project Manager for Fission Uranium, contributing to both the discovery and advancement of the award-winning Triple-R deposit. Tony was also a key member of the team that discovered F3 Uranium’s JR-Zone in Northern Saskatchewan.

Ross McElroy, President and CEO of Apollo, commented, “Calico consists of a major, high confidence silver resource surrounded by one of the most prospective land packages in the region. Thanks to the success of prior work programs, we already have an exciting list of exploration targets, including high-grade silver, gold, and barite. Now, with the appointment of Tony Gonzales, we have one of the industry’s top exploration team leaders to take Calico into its next phase of growth.”

Langtry Option Extension

The Company has entered into an amendment (the “Amendment”) to its Option to Purchase Agreement with David K. Strachan as Trustee of the Bruce & Elizabeth Strachan Revocable Living Trust dated July 25, 2007 (“Strachan”). Under the original agreement, the Company was required to make a payment equal to the greater of US$5.2 million or the spot price of 220,000 troy ounces of silver, less any option payments made to date, by December 24, 2025, in order to acquire 100% interest in 20 patented and 2 unpatented mineral claims (the “Strachan Property”) within the Langtry Property, part of the Company’s larger Calico Project. The Langtry deposit, the majority of which is located on the Strachan Property, has a 2022 inferred Mineral Resource Estimate of 19.3 M tonnes at a grade of 81 g/t Ag for a total of 50 M oz of Ag using a 50 g/t silver cut-off (see news release dated February 9, 2022).

The Amendment extends the option period expiry date from December 24, 2025 to December 24, 2034; increases the purchase price to the greater of US$7.0 million or the spot price of 250,000 troy ounces of silver (the “Amended Purchase Price”), less any option payments made to date; and provides for annual option maintenance payments to be made over the duration of the eight-year extension totaling US$3.9 million, all of which can be credited against the Amended Purchase Price upon exercise.

To date, the Company has made a total of US$500,000 in option maintenance payments, which can be credited against the Amended Purchase Price upon exercise.

Waterloo Permit Extension

The Company has received approval from the San Bernardino County Land Use Services Department for its third extension of its TUP, allowing the Company to conduct exploration drilling at Waterloo for the next twelve (12) months

Technical Advisory Additions

The Company has entered into an Advisory Agreement with George Kenline to act as an independent technical advisor to the Company. Mr. Kenline is a California licensed Engineering Geologist and Hydrogeologist with extensive experience in environmental review processes. In particular, he has deep expertise in the permitting of mineral resource extraction, water supply development, reclamation, and habitat restoration in the County of San Bernardino, California. For over 15 years, he led as the Mining Engineering Geologist/Environmental Compliance Manager for the San Bernardino County’s Land Use Services Department Mining Section as the County’s Mining/Engineering Geologist.

Additionally, Apollo has also strengthened its project development team by engaging Genesg, a consulting firm with global expertise in permitting, stakeholder engagement, sustainability, and ESG Leadership, to support the Company as it advances Calico towards project development.

Qualified Person

The scientific and technical data contained in this news release was reviewed and approved by Isabelle Lépine, M.Sc., P.Geo., Apollo’s Director, Mineral Resources. Ms. Lépine is a registered professional geologist in British Columbia and a QP as defined by NI 43-101 and is not an independent of the Company.

About Apollo Silver Corp.

Apollo is advancing one of the largest undeveloped primary silver projects in the US. The Calico project hosts a large, bulk minable silver deposit with significant barite credits – a critical mineral essential to the US energy and medical sectors. The Company also holds an option on the Cinco de Mayo Project in Chihuahua, Mexico, which is host to a major carbonate replacement (CRD) deposit that is both high-grade and large tonnage. Led by an experienced and award-winning management team, Apollo is well positioned to advance the assets and deliver value through exploration and development.

Please visit www.apollosilver.com for further information.

ON BEHALF OF THE BOARD OF DIRECTORS

Ross McElroyPresident and CEO

For further information, please contact:

Email: info@apollosilver.comTelephone: +1 (604) 428-6128

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.

This news release includes “forward-looking statements” and “forward-looking information” within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation he expected benefits of the Strachan Option Extension; the timing, scope, and success of planned exploration activities, including at the Waterloo Project; the potential for silver, gold, and barite mineralization; the contributions of newly appointed personnel and advisors to the advancement of Calico; and the Company’s ability to advance, develop, and permit the Calico Project. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, “potential”, “target”, “budget” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions and includes the negatives thereof.

Forward-looking statements are based on the reasonable assumptions, estimates, analysis, and opinions of the management of the Company made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management of the Company believes to be relevant and reasonable in the circumstances at the date that such statements are made. Forward-looking information is based on reasonable assumptions that have been made by the Company as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may have caused actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: risks associated with mineral exploration and development; metal and mineral prices; availability of capital; accuracy of the Company’s projections and estimates; realization of mineral resource estimates, interest and exchange rates; competition; stock price fluctuations; availability of drilling equipment and access; actual results of current exploration activities; government regulation; political or economic developments; environmental risks; insurance risks; capital expenditures; operating or technical difficulties in connection with development activities; personnel relations; and changes in Project parameters as plans continue to be refined. Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the price of silver, gold and Ba; the demand for silver, gold and Ba; the ability to carry on exploration and development activities; the timely receipt of any required approvals; the ability to obtain qualified personnel, equipment and services in a timely and cost-efficient manner; the ability to operate in a safe, efficient and effective matter; and the regulatory framework regarding environmental matters, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in 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 forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information contained herein, except in accordance with applicable securities laws. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding the Company’s expected financial and operational performance and the Company’s plans and objectives and may not be appropriate for other purposes. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

FMC's (NYSE:FMC) stock is up by a considerable 8.6% over the past week. As most would know, fundamentals are what usually guide market price movements over the long-term, so we decided to look at the company's key financial indicators today to determine if they have any role to play in the recent price movement. Specifically, we decided to study FMC's ROE in this article.

Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.

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How To Calculate Return On Equity?

Return on equity can be calculated by using the formula:

Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity

So, based on the above formula, the ROE for FMC is:

3.0% = US$132m ÷ US$4.4b (Based on the trailing twelve months to June 2025).

The 'return' is the yearly profit. One way to conceptualize this is that for each $1 of shareholders' capital it has, the company made $0.03 in profit.

View our latest analysis for FMC

What Has ROE Got To Do With Earnings Growth?

Thus far, we have learned that ROE measures how efficiently a company is generating its profits. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics.

A Side By Side comparison of FMC's Earnings Growth And 3.0% ROE

It is hard to argue that FMC's ROE is much good in and of itself. Even when compared to the industry average of 9.3%, the ROE figure is pretty disappointing. Although, we can see that FMC saw a modest net income growth of 6.5% over the past five years. Therefore, the growth in earnings could probably have been caused by other variables. For instance, the company has a low payout ratio or is being managed efficiently.

We then performed a comparison between FMC's net income growth with the industry, which revealed that the company's growth is similar to the average industry growth of 6.3% in the same 5-year period.

NYSE:FMC Past Earnings Growth August 24th 2025

The basis for attaching value to a company is, to a great extent, tied to its earnings growth. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. Doing so will help them establish if the stock's future looks promising or ominous. Has the market priced in the future outlook for FMC? You can find out in our latest intrinsic value infographic research report.

Is FMC Using Its Retained Earnings Effectively?

FMC has a healthy combination of a moderate three-year median payout ratio of 34% (or a retention ratio of 66%) and a respectable amount of growth in earnings as we saw above, meaning that the company has been making efficient use of its profits.

Moreover, FMC is determined to keep sharing its profits with shareholders which we infer from its long history of paying a dividend for at least ten years. Our latest analyst data shows that the future payout ratio of the company is expected to rise to 53% over the next three years. However, FMC's future ROE is expected to rise to 11% despite the expected increase in the company's payout ratio. We infer that there could be other factors that could be driving the anticipated growth in the company's ROE.

Summary

On the whole, we do feel that FMC has some positive attributes. Even in spite of the low rate of return, the company has posted impressive earnings growth as a result of reinvesting heavily into its business. That being so, the latest analyst forecasts show that the company will continue to see an expansion in its earnings. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

(REVISED TO REFLECT WEEKLY GAINS BY TSX VENTURE)

Toronto stocks went resolutely up Friday to end a successful week, led by tech and energy stocks, as news also came in from the trade front involving neighbours Canada and the U.S.

The TSX Composite Index barged ahead 277.7 points, or 1%, to conclude Friday and the week at 28,333.13, for a gain on the week of 427.64 points, or 1.53%

The Canadian dollar climbed 0.39 cents to 72.33 cents U.S.

Techs led the way Friday, as Celestica collected $9.75, or 3.9%, to $262.04, while Lightspeed Commerce jumped 70 cents, or 4.3%, to $16.99.

Cenovus Energy jumped $1.53, or 7.2%, to $22.70. after the oil and gas producer agreed to buy MEG Energy in a cash-and-stock deal valued at $7.9 billion including debt. MEG shares grabbed 37 cents, or 1.3%, to $27.93.

In materials, Teck Resources hiked $2.34, or 5.3%, to $46.49, while Methanex shares took on $2.54, or 5.4%, to $49.59.

Consumer staples wavered, though, as George Weston dipped $3.61, or 3.9%, to $88.53, while Empire Company withered $1.66, or 3%, to $54.08.

In telecoms, BCE dropped 50 cents, or 1.4%, to $35.22, while Quebecor sank 22 cents to $40.62.

Health-care also backtracked Bausch Health Companies gave back seven cents to $10.36, and Chartwell Retirement Residences sank six cents to $18.24.

Canada removed many of its retaliatory tariffs on the U.S. on Friday, marking a significant step forward in the two countries’ relationship.

Canada in March imposed counter-tariffs of 25% on a long list of U.S. products that fall in line with the North American trade deal after the U.S. had announced 25% duties on steel and aluminum.

Notably, Canada’s 25% tariffs on U.S. autos, steel and aluminum will remain in place for now, Canadian Prime Minister Mark Carney said in a press conference Friday.

The change will go into effect on Sept. 1, Carney added, saying he believes Canada has the best trade deal out of all of the countries working with the U.S.

In other macroeconomic news, Statistics Canada said retail sales increased 1.5% to $70.2 billion in June. Sales were up in all nine subsectors and were led by increases at food and beverage retailers.

ON BAYSTREET

The TSX Venture Exchange popped 17.28 points, or 2.2%, to 803.61, for a gain on the week of 12.84 points, or 1.62%.

Eight of the 12 TSX subgroups were gainers Friday with information technology popping 2.8%, while shares in energy jumped 1.2%, and material stocks flew 1.4%.

Read:

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• Mining Stocks Outpace Gold's Historic Rally as Sector Primes for Breakout

The four laggards were weighed most by consumer staples, down 1.8%, telecoms, down 0.6%, and health-care, off 0.3%.

ON WALLSTREET

The Dow Jones Industrial Average rallied to an all-time high Friday after Federal Reserve Chair Jerome Powell signaled the central bank could begin easing monetary policy next month.

The 30-stock index popped 846.24 points, or 1.9%, to close Friday at 45,631.74.

The S&P 500 revived 96.73 points, or 1.5%, to 6,466.90.

The NASDAQ surged 396.22 points, or 1.9%, to 21,496.54.

Both the 30-stock Dow and S&P 500 were now headed for a weekly advance, while the NASDAQ cut its weekly losses significantly.

Shares of megacap technology stocks soared on Powell’s comments. Nvidia added 1.3%, while Meta, Alphabet and Amazon each climbed more than 2%. Tesla shares jumped about 5%.

In a tepid speech at the central bank’s annual conclave in Jackson Hole, Wyoming, Powell said that “the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance.”

Powell added that “the balance of risks appear to be shifting” between the Fed’s dual mandate of full employment and stable prices. He cited “sweeping changes” in tax, trade and immigration policies.

Expectations for a 0.25 percentage-point rate cut in September skyrocketed to roughly 91% following the speed from about 75% earlier in the week,

Recently, the prospect of lower interest rates helped bolster parts of the market that have missed out on this year’s rally, with investors dumping megacap tech for small caps and value plays. However, a more hawkish outlook from Powell could throw cold water on the market.

Prices for 10-year Treasury moved upward Friday, reducing yields to 4.26% from Thursday’s 4.33%. Treasury prices and yields move in opposite directions.

Oil prices moved higher 18 cents to $67.85U.S. a barrel.

Gold prices rocketed $34.80 at $3,416.60 U.S. an ounce.

Dow Moves Skyward as Powell Speech Sparks Rally

It has been about a month since the last earnings report for Freeport-McMoRan (FCX). Shares have lost about 6.4% in that time frame, underperforming the S&P 500.

But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Freeport-McMoRan due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.

Freeport's Q2 Earnings Surpass Estimates on Higher Copper Prices

Freeport recorded net income of $772 million or 53 cents per share for second-quarter 2025, up around 25.3% from $616 million or 42 cents in the year-ago quarter.Barring one-time items, adjusted earnings per share were 54 cents, topping the Zacks Consensus Estimate of 46 cents.Revenues rose roughly 14.5% year over year to roughly $7.58 billion. The figure surpassed the Zacks Consensus Estimate of $7.12 billion. The company witnessed higher copper and gold prices in the reported quarter.

Operational Highlights

Copper production fell around 7.1% year over year to 963 million pounds in the reported quarter. The figure missed our estimate of 1,035 million pounds.Consolidated sales increased approximately 9.1% year over year, reaching 1,016 million pounds of copper. The upside is primarily driven by shipment timing. The company sold 522,000 ounces of gold, up around 44.6% year over year. Freeport also sold 22 million pounds of molybdenum, up about 4.8%.Consolidated average unit net cash costs per pound of copper were $1.13, down from $1.73 a year ago. The figure lagged our estimate of $1.50.The average realized copper price was $4.54 per pound, up around 1.3% year over year. The figure beat our estimate of $4.20 per pound. The average realized price per ounce for gold rose around 43.1% year over year to $3,291. The figure topped our estimate of $3,024.

Financial Position

Cash and cash equivalents at the end of the quarter were $4.49 billion, down around 14.8% year over year. The company’s total debt was $9.25 billion, down 1.8%.Cash flows provided by operations were around $2.19 billion in the reported quarter, up 12.2% year over year.

Guidance

For full-year 2025, consolidated sales volumes are projected to be around 3.95 billion pounds of copper, 1.3 million ounces of gold and 82 million pounds of molybdenum. This includes an estimated 1 billion pounds of copper, 350,000 ounces of gold and 18 million pounds of molybdenum expected to be sold in the third quarter.

How Have Estimates Been Moving Since Then?

In the past month, investors have witnessed a flat trend in estimates review.

The consensus estimate has shifted -14.85% due to these changes.

VGM Scores

Currently, Freeport-McMoRan has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with an F. However, the stock has a score of B on the value side, putting it in the second quintile for value investors.

Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Freeport-McMoRan has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

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Freeport-McMoRan Inc. (FCX) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

Not for distribution to U.S. news wire services or for dissemination in the United States

VANCOUVER, BC / ACCESS Newswire / August 22, 2025 / Patriot Resources Corp. (TSXV:MAGA.H) (the "Company") today announces changes to its Board of Directors and a change of Chief Executive Officer.

Mr. Jeremy Ross has resigned as CEO and Director of the Company and Mr. Ali Sodagar has resigned as director of the Company, effective August 20, 2025.

The Company has appointed Ms. Fiona Keating as CEO and director and Mr. Quentin Mai as a director, effective upon the resignations of Mr. Ross and Mr. Sodagar.

Fiona Keating, P.Eng., PMP, is a Professional Engineer and Project Management Professional who holds a Bachelor of Applied Sciences Degree with education in Civil and Mining Engineering. She has experience in both underground and open-pit operations having worked on site at properties with Falconbridge (XStrata), and Phelps Dodge (Freeport-McMoRan) as well as at head office with Placer Dome (Barrick Gold), and Teck Cominco (Teck Resources). Her experience spans commodity price analysis, production studies and reporting, contractor oversight, general mine operations, as well as survey, drilling, and blasting.

With over 25 years of experience in driving successful early-stage growth from mineral discovery through to production, Quentin Mai has a proven track record in the mining industry. He spent a decade with Corvus Gold, culminating in its acquisition by AngloGold Ashanti for CDN$570 million in 2022. Additionally, he played a key role in managing Business Development for International Tower Hill, steering it from inception to a peak valuation exceeding $800 million in market capitalization in 2010, and contributing to raising over $250 million in capital.

The Company would like to thank Mr. Ross and Mr. Sodagar for their contributions to the Company and wish them well in their future endeavors.

The appointments are subject to the approval of the TSX Venture Exchange.

Shares for Debt

The Company further announces that its board of directors has approved a shares for debt settlement whereby it proposes to convert C$429,975 of debt owing to certain directors, former directors and a former officer with respect to owing but unpaid fees into common shares of the Company (the "Shares") at a price of C$0.18 per Share (the "Debt Settlement").

The Shares issued pursuant to the Debt Settlement will be subject to a minimum hold period of four months and one day from the date of issuance.

As certain of those persons receiving Shares pursuant to the Debt Settlement are considered "insiders" by virtue of their being directors of the Company, the Debt Settlement is considered a "related party transaction" pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is relying on the formal valuation exemption in section 5.5(a) of MI 61-101 and upon the minority approval exemption in section 5.7(1)(a) of MI 61-101 on the basis that, at the time the Debt Settlement was agreed, neither the fair market value of the fair market value of the Debt Settlement, nor the fair market value of the consideration therefor, insofar as it involves related parties will exceed 25% of the Company's market capitalization as determined in accordance with MI 61-101.

The Debt Settlement is subject to the approval of the TSX Venture Exchange.

For further information, please contact:

Patriot Resources Corp.

Fiona KeatingCEOTelephone: 604-704-8708Email: fekeating@gmail.com

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

Cautionary Statement Regarding Forward Looking Information

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or the Company's future performance. The use of any of the words "could", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. Actual results and developments may differ materially from those contemplated by forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information. The statements made in this press release are made as of the date hereof. The Company disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities laws.

SOURCE: Patriot Resources Corp.

View the original press release on ACCESS Newswire

Sociedad Química y Minera de Chile S.A. (NYSE:SQM) came out with its second-quarter results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following this report. It looks like a pretty bad result, all things considered. Although revenues of US$1.0b were in line with analyst predictions, statutory earnings fell badly short, missing estimates by 39% to hit US$0.31 per share. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

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NYSE:SQM Earnings and Revenue Growth August 22nd 2025

After the latest results, the 14 analysts covering Sociedad Química y Minera de Chile are now predicting revenues of US$4.52b in 2025. If met, this would reflect a satisfactory 6.8% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to surge 46% to US$2.44. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$4.36b and earnings per share (EPS) of US$2.31 in 2025. It looks like there's been a modest increase in sentiment following the latest results, withthe analysts becoming a bit more optimistic in their predictions for both revenues and earnings.

See our latest analysis for Sociedad Química y Minera de Chile

Despite these upgrades,the analysts have not made any major changes to their price target of US$49.66, suggesting that the higher estimates are not likely to have a long term impact on what the stock is worth. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Sociedad Química y Minera de Chile at US$78.00 per share, while the most bearish prices it at US$36.50. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We can infer from the latest estimates that forecasts expect a continuation of Sociedad Química y Minera de Chile'shistorical trends, as the 14% annualised revenue growth to the end of 2025 is roughly in line with the 17% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 4.6% per year. So it's pretty clear that Sociedad Química y Minera de Chile is forecast to grow substantially faster than its industry.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Sociedad Química y Minera de Chile's earnings potential next year. Happily, they also upgraded their revenue estimates, and are forecasting them to grow faster than the wider industry. The consensus price target held steady at US$49.66, with the latest estimates not enough to have an impact on their price targets.

With that in mind, we wouldn't be too quick to come to a conclusion on Sociedad Química y Minera de Chile. Long-term earnings power is much more important than next year's profits. We have estimates – from multiple Sociedad Química y Minera de Chile analysts – going out to 2027, and you can see them free on our platform here.

That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Sociedad Química y Minera de Chile , and understanding them should be part of your investment process.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.