THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

VANCOUVER, BC / ACCESS Newswire / December 15, 2025 / Stillwater Critical Minerals Corp. (TSX.V:PGE)(OTCQB:PGEZF)(FSE:J0G) (the "Company" or "Stillwater") is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. ("Red Cloud"), as co-lead underwriter and sole bookrunner, pursuant to which Red Cloud and Research Capital Corporation (collectively with Red Cloud, the "Underwriters"), as co-lead underwriter, will purchase for resale 21,740,000 units of the Company (each, a "Unit") at a price of C$0.46 per Unit (the "Offering Price") on a "bought deal" basis in a private placement for gross proceeds of C$10,000,400 (the "Underwritten Offering").

Each Unit will consist of one common share of the Company (each, a "Common Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder thereof to purchase one Common Share (a "Warrant Share") at a price of C$0.64 at any time on or before that date which is 36 months following the Closing Date (as herein defined).

The Company will grant to the Underwriters an option, exercisable in full or in part up to 48 hours prior to the Closing Date, to purchase for resale up to an additional 4,348,000 Units at the Offering Price for additional gross proceeds of up to C$2,000,080 (the "Over-Allotment Option"). The Underwritten Offering and the securities issuable upon exercise of the Over-Allotment Option shall be collectively referred to as the "Offering".

The Company intends to use the net proceeds of the Offering for the exploration and advancement of the Company's flagship Stillwater West Ni-PGE-Cu-Co+Au project in the Stillwater mining district in Montana, U.S., as well as for general corporate purposes and working capital, as is more fully described in the Offering Document (as defined herein).

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 – Prospectus Exemptions ("NI 45-106"), the Units will be offered for sale to purchasers in certain of the provinces of Canada pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the "Listed Issuer Financing Exemption"). The Common Shares and the Warrant Shares underlying the Units are expected to be immediately freely tradeable in accordance with applicable Canadian securities legislation if sold to purchasers resident in Canada. The Units may also be sold in offshore jurisdictions and in the United States on a private placement basis pursuant to one or more exemptions from the registration requirements of the United States Securities Act of 1933, as amended(the "U.S. Securities Act"). All securities not issued pursuant to the Listed Issuer Financing Exemption will be subject to a hold period in accordance with applicable Canadian securities law, expiring four months and one day following the Closing Date.

There is an offering document (the "Offering Document") related to the Offering that can be accessed under the Company's profile at www.sedarplus.ca and on the Company's website at: www.criticalminerals.com. Prospective investors should read this Offering Document before making an investment decision.

The Offering is scheduled to close on or about December 30, 2025 or such other date as the Company and Red Cloud may agree (the "Closing Date"). Completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange (the "TSXV").

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities to be issued pursuant to the Offering have not been, and will not be, registered under the U.S. Securities Act or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons, absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws.

About Stillwater Critical Minerals Corp.

Stillwater Critical Minerals (TSX.V:PGE)(OTCQB:PGEZF)(FSE:J0G) is a mineral exploration and development company focused on its flagship Stillwater West Ni-PGE-Cu-Co + Au project in the iconic and famously productive Stillwater mining district in Montana, USA. With the addition of two renowned Bushveld and Platreef geologists to the team and strategic investments by Glencore plc, the Company is well positioned to advance the next phase of large-scale critical mineral supply from this world-class American district, building on past production of nickel, copper, and chromium, and the on-going production of platinum group, nickel, and other metals by neighboring Sibanye-Stillwater. An expanded NI 43-101 mineral resource estimate, released January 2023, positions Stillwater West with the largest nickel resource in an active U.S. mining district as part of a compelling suite of ten minerals now listed as critical in the USA.

Stillwater also holds a 49% interest in the high-grade Drayton-Black Lake-gold project adjacent to Nexgold

Mining's development-stage Goliath Gold Complex in northwest Ontario, currently under an earn-in agreement with Heritage Mining, and the Kluane PGE-Ni-Cu-Co critical minerals project on trend with Nickel Creek Platinum‘s Wellgreen deposit in Canada‘s Yukon Territory. The Company also holds the Duke Island Cu-Ni-PGE property in Alaska and maintains a back-in right on the high-grade past-producing Yankee-Dundee in BC, following its sale in 2013.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Michael Rowley, President, CEO & Director – Stillwater Critical Minerals

Email: info@criticalminerals.com Phone: (604) 357 4790

Web: http://criticalminerals.com Toll Free: (888) 432 0075

Forward-Looking Statements

This news release includes certain statements that may be deemed "forward-looking statements". In particular, this press release contains forward-looking information relating to, among other things, the Offering, the anticipated closing date of the Offering, the intended use of proceeds of the Offering, approval of the TSXV and the filing of the Offering Document. All statements in this release, other than statements of historical facts including, without limitation, statements regarding potential mineralization, historic production, estimation of mineral resources, the realization of mineral resource estimates, interpretation of prior exploration and potential exploration results, the timing and success of exploration activities generally, the timing and results of future resource estimates, permitting time lines, metal prices and currency exchange rates, availability of capital, government regulation of exploration operations, environmental risks, reclamation, title, and future plans and objectives of the company are forward-looking statements that involve various risks and uncertainties. Although Stillwater Critical Minerals believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the companies with securities regulators. Readers are cautioned that mineral resources that are not mineral reserves do not have demonstrated economic viability. Mineral exploration and development of mines is an inherently risky business. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. For more information on Stillwater Critical Minerals and the risks and challenges of their businesses, investors should review their annual filings that are available at www.sedarplus.ca.

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.

SOURCE: Stillwater Critical Minerals

View the original press release on ACCESS Newswire

TORONTO, Dec. 15, 2025 /CNW/ – Mirco Wojnarowicz, the CEO of Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) (the "Company" or "Rock Tech") is pleased to announce:

Rock Tech Lithium Inc. ("Rock Tech" or the "Company") welcomes the Province of Ontario's approval and launch of the CAD $500 million Critical Minerals Processing Fund ("CMPF"), a milestone initiative designed to accelerate the province's critical minerals processing capacity and strengthen Ontario's position in the global battery materials supply chain.

Rock Tech's proposed Lithium Conversion Facility (the "Converter") in Red Rock, Ontario directly aligns with the CMPF's mandate to support midstream critical minerals processing projects in the province. The Converter is designed to deliver domestic lithium conversion capacity for battery-grade products, reduce reliance on offshore processing, and anchor downstream investment in Ontario's electric vehicle and energy storage supply chain.

The CMPF represents a clear signal to global markets that Ontario is committed to scaling up processing capacity needed to support the energy transition. By enabling new critical mineral projects and midstream processing facilities, the fund will help catalyze investment, create jobs, and anchor long-term economic benefits across the province.

As a technology company advancing its Georgia Lake lithium mining project and a lithium conversion facility in Ontario, located only about 60 kilometers apart, Rock Tech sees the CMPF as an important building block in establishing a regional and integrated lithium battery supply chain. The planned design of the Converter in Red Rock is directly based on Rock Tech's fully permitted, shovel-ready converter in Guben, Germany, which was recently designated an EU Strategic Project under the European Critical Raw Materials Act (CRMA). This foundation gives the Converter a uniquely advanced and de-risked design — positioning it as one of the most technically mature lithium conversion projects in North America.

"We applaud the Government of Ontario for taking bold action to support critical minerals development," said Mirco Wojnarowicz, CEO of Rock Tech Lithium. "With the CMPF now approved, Ontario is sending a clear signal that it intends to lead in battery materials. Our Converter in Red Rock, built on the engineering and experience behind our EU CRMA Strategic Project in Germany, is exceptionally well-positioned to help deliver the processing capacity the province needs to compete globally."

Rock Tech has invested more than 350,000 engineering hours and CAD 65 million into the design of its lithium conversion facilities. The Company will continue to work closely with provincial partners, Indigenous communities, and industry stakeholders to support the development of an integrated, competitive, and resilient lithium supply chain in Ontario.

On behalf of the Management

Mirco WojnarowiczCEO, Rock Tech Lithium Inc.

ABOUT ROCK TECHRock Tech is enabling the battery age by making the battery industries in Europe and North America more independent and competitive. The Company's goal is to ensure the supply of high-quality, locally produced lithium – supporting a resilient, sustainable, and transparent value chain from mine to battery-grade material.

Rock Tech relies on responsible sourcing, state-of-the-art and proven technologies, and a clear focus on circular economy principles. The Company's lithium hydroxide converter projects in Guben, Germany (24,000 tonnes LHM per year) and Ontario, Canada (up to 36,000 tonnes LCE per year) form the foundation for a stable and regional supply to the battery and automotive industries. The Guben converter has been recognized as a strategic project under the EU Critical Raw Materials Act.

The raw materials for Rock Tech's converter projects are sourced exclusively from verifiably ESG-compliant suppliers. In Canada, Rock Tech relies, among other sources, on its wholly owned Georgia Lake Project, which ensures a stable and sustainable supply for the North American market and is being developed in close partnership with local First Nations communities. By integrating recycled materials, the company aims to close the local battery loop.

With its facilities, Rock Tech makes a central contribution to battery-grade material sovereignty and the achievement of climate targets. The company works in partnership with industry, policymakers, and community groups, and is committed to open communication and the highest environmental standards.

CAUTIONARY NOTE CONCERNING FORWARD-LOOKING INFORMATION

Certain statements contained in this news release constitute "forward-looking information" under applicable securities laws and are referred to herein as "forward-looking statements". All statements, other than statements of historical fact, which address events, results, outcomes or developments that the Company expects to occur are forward-looking statements. When used in this news release, words such as "expects", "anticipates", "plans", "predicts", "believes", "estimates", "intends", "targets", "projects", "forecasts", "may", "will", "should", "would", "could" or negative versions thereof and other similar expressions are intended to identify forward-looking statements. In particular, this news release contains forward-looking information pertaining to: the anticipated reduction in operating costs for the Guben Converter and the underlying assumptions supporting the updated OpEx model, including projected savings from transport and logistics, reagent procurement, fixed costs, leach residue reuse, and additional operational efficiencies; the implementation of a revised logistics concept and updated spodumene supply contract; the finalization of binding offtake agreements for leach residues; the expected annual production capacity of 24,000 tonnes of lithium hydroxide; the timing and outcome of the Company's review of capital expenditures and updated financial model; the Company's ability to secure project financing including the support and subsidies from government and EU; the anticipated construction timeline, commissioning, and operational start-up of the Guben Converter; and the Company's broader business strategy, including its role in Europe's battery supply chain and contribution to the energy transition. Forward-looking information is based on certain assumptions, estimates, expectations and opinions of the Company and, in certain cases, third party experts, that are believed by management of Rock Tech to be reasonable at the time they were made. Forward-looking information is derived utilizing numerous assumptions regarding, among other things:; the availability and terms of long-term energy supply agreements and reagent procurement contracts;; the Company's ability to secure sufficient financing on acceptable terms; the availability of skilled labor, equipment, and materials at projected costs; the stability of commodity prices, exchange rates, and general economic conditions; the absence of material disruptions to supply chains, construction schedules, or permitting processes; the accuracy and reliability of technical data, forecasts, and engineering studies. The foregoing list is not exhaustive of all assumptions which may have been used in developing the forward-looking information. While Rock Tech considers these assumptions to be reasonable based on information currently available, they may prove to be incorrect and should not be read as a guarantee of future performance or results. Forward-looking information is subject to known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied by such statements, including but not limited to: delays or failures in securing energy supply agreements, reagent contracts, or offtake arrangements; construction delays, cost overruns, or technical challenges in commissioning the Guben Converter; changes in market conditions, including lithium prices, demand for EV batteries, and availability of financing; regulatory risks, including delays in permitting or changes in applicable laws and regulations; operational risks, including supply chain disruptions, labor shortages, and equipment failures; geopolitical risks, inflationary pressures, and macroeconomic volatility; reliance on third-party contractors and suppliers for critical project components. Except as may be required by law, Rock Tech undertakes no obligation and expressly disclaims any responsibility, obligation or undertaking to update or to revise any forward-looking information, whether as a result of new information, future events or otherwise, to reflect any change in Rock Tech's expectations or any change in events, conditions or circumstances on which any such information is based. The forward-looking information contained herein is presented for the purposes of assisting readers in understanding Rock Tech's plans, objectives and goals and is not appropriate for any other purposes.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Cision

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More Opportunities for Growth of the Thor Silver Deposit

ESTES PARK, CO / ACCESS Newswire / December 15, 2025 / Taranis Resources Inc. ("Taranis" or the "Company") (TSX.V:TRO)(OTCQB:TNREF) is providing an update on its exploration activities at Thor. The Company is engaged in efforts to expand the Thor epithermal deposit beyond the boundaries of the published Mineral Resource. In two prior News Releases dated October 27, 2025 and November 25, 2025, respectively, the Company has summarized one new drill hole discovery 1.4 km east-southeast of the Thor deposit (Borr), and a new exploration target extending almost 2 km southeast of the known deposit under the Ferguson Rockslide.

This release summarizes 2025 exploration field work which demonstrates additional exploration targets west of the Thor deposit in a large elliptical valley called Horton, and additional findings at the Mountain Goat Creek Rockslide target located approximately 800m northwest of the existing Thor deposit. These new discoveries and targets give the impression that near-surface epithermal mineralization extends laterally a considerable distance from the five historical mines which comprise the established core of the Thor project and NI 43-101 Mineral Resource.

Horton Area – West of Thor Deposit (Gold and Donkey Pits)

After the discovery of numerous high-grade gold and silver float samples in the Horton Area (Taranis News release, dated November 26, 2023), Taranis completed a large soil sampling grid, geophysical surveys, and rock sampling over the area in 2024 to locate the source of soil anomalies and high-grade float samples found at surface. Since 2023, numerous other high-grade float samples have been catalogued and collected in this area. The high-grade material occurs as football-to-automobile sized chunks and is most commonly hosted in milky white quartz which litters the surface cover of the area. In 2025, further soil sampling and mapping of mineralized boulders was completed at Horton. Soil sampling returned values of up to 1.4 g/t gold in the soil, and was able to confirm prior soil sample anomalies identified in 2024. Uphill and north of this area, an area of outcropping quartz stockwork returned gold and silver values from outcrop of up to 0.617 g/t gold and 27 g/t silver.

Sample Number

Au (g/t)

Ag (g/t)

Sample Media

Feature Location

Location(UTM Zone 11N WGS84)

Donkey Pit

0.617

27

Outcrop – Quartz Stockwork located in old prospecting site

North of Horton on steep hillside

464475E 5616372N

The location of Donkey Pit is shown on the map of the Horton area that accompanies this News Release. A linear trend of ground VLF, EM-37 and Expert Geophysics airborne apparent conductivity electromagnetic anomalies strikes northwest through this area and potentially represents a new trend of mineralization west of the Thor deposit.

Gold Pit is an extremely high-grade prospect that lies on the east side of the Horton Valley, and lies at the transition from the Thor epithermal vein area to the Horton area. Some of the sampling results are discussed in prior News Releases (January 14, 2015 and November 14, 2017) and include channel samples of 26.6 g/t Au, 1,245.7 g/t Ag, 3.08% Pb, 4.32% Zn and 0.55% Cu over 1.53 m true thickness, and 52.4 g/t Au, 1,541.8 g/t Ag, 1.39% Pb and 0.08% Zn over 2.04 m true thickness. The Expert Geophysical magnetotelluric survey identified a circular (500m by 500m) conductive body that extends from near surface to 700m depth directly under Gold Pit. At a depth of 700m below the surface, the conductive feature merges onto the South Tusk conductivity feature under the Horton Area. This feature has never been tested with diamond drilling, and is now rated a high priority for further exploration.

Mountain Goat Creek Rockslide – Northwest of Thor Deposit (SIF North Boulder Field)

A newly discovered rockslide occurs at the north end of the Thor epithermal deposit and has been named the Mountain Goat Creek Rockslide. This is a steep, north-facing landform consisting of three separate rockslides (see the figure attached to this News Release). Interest in this area was initiated in 2016 after the discovery of gold-bearing float at surface that had no known source. With the discovery of the Thunder Zone in 2022 under a south-facing rockslide, drilling progressively moved up Thor's Ridge and eventually reached the top of the Ridge in 2023.

Taranis has never conducted any drilling north of Thor's Ridge. The gold-bearing boulder field is located about 1 km north of the top of Thor's Ridge and measures approximately 150 x 50m. Although the source of these gold-bearing boulders is not currently known, they clearly have origins under the Mountain Goat Creek Rockslide. All of the float samples are from quartz-carbonate vein material, and they were only analyzed for gold.

The following table summarizes 12 of 18 grab samples taken from the toe of the Mountain Goat Creek Rockslide. Samples 3241419 – 3241423 and 3241425 returned traces of gold, and are not shown.

Sample Number

Au (g/t)

Sample Media

Feature Location

Location

(UTM Zone 11N WGS84)

3241408

0.361

Float (Grab Sample)

Toe of Mtn. Goat Creek Rockslide

463627E 5618166N

3241409

0.034

Float (Grab Sample)

Toe of Mtn. Goat Creek Rockslide

463627E 5618168N

3241410

0.145

Float (Grab Sample)

Toe of Mtn. Goat Creek Rockslide

463632E 5618166N

3241411

0.640

Float (Grab Sample)

Toe of Mtn. Goat Creek Rockslide

463634E 5618167N

3241412

0.131

Float (Grab Sample)

Toe of Mtn. Goat Creek Rockslide

463623E 5618166N

3241413

0.028

Float (Grab Sample)

Toe of Mtn. Goat Creek Rockslide

463624E 5618169N

3241414

2.810

Float (Grab Sample)

Toe of Mtn. Goat Creek Rockslide

463625E 5618171N

3241415

0.110

Float (Grab Sample)

Toe of Mtn. Goat Creek Rockslide

463628E 5618175N

3241416

0.005

Float (Grab Sample)

Toe of Mtn. Goat Creek Rockslide

463630E 5618178N

3241417

0.015

Float (Grab Sample)

Toe of Mtn. Goat Creek Rockslide

463633E 5618178N

3241418

0.022

Float (Grab Sample)

Toe of Mtn. Goat Creek Rockslide

463630E 5618181N

3241424

0.394

Float (Grab Sample)

Toe of Mtn. Goat Creek Rockslide

463628E 5618178N

Comments

Taranis has documented quality exploration targets located north, south, west and east of the existing Thor deposit. All of these exploration targets are drill ready and permitted, and have potential to expand the existing Mineral Resource. The Horton Area has two defined exploration targets, one being located in an area where gold and silver has been found in outcrop (Donkey Pit) and the other related to a large circular conductivity anomaly that underlies high-grade outcropping mineralization in Gold Pit. The identification of a rockslide north of the Thunder Zone, where gold mineralization has been found at the toe of a north-verging rockslide, suggests that the Thor deposit extends northward over Thor's Ridge towards the Mountain Goat Creek area.

Qualified Person

Exploration activities at Thor were overseen by John Gardiner (P. Geo.), who is a Qualified Person under the meaning of Canadian National Instrument 43-101. John Gardiner is the principal of John J. Gardiner & Associates, LLC which operates in British Columbia under Firm Permit Number 1002256. Mr. Gardiner is the President and CEO of Taranis Resources Inc. and has reviewed and approved the comments contained within this News Release.

Quality Control and Laboratory Methods

All samples for the Thor project were securely delivered to Actlabs in Kamloops, British Columbia. Analytical work was completed both at the Kamloops, and Ancaster, Ontario locations. Actlabs is ISO 17025 accredited. Outcrop and float sampling is conducted in the field where representative samples are collected. Rock Samples are bagged and identified with a laboratory ticket, and the location of the samples is noted with a differential GPS unit. Samples were analyzed for 42 elements by 4-Acid Digestion / Inductively Coupled Plasma – Mass Spectrometry ("ICP-MS") and for gold by 30g Fire Assay / Atomic Absorption Spectrophotometry ("AAS")

Taranis currently has 102,421,487 shares issued and outstanding (119,972,613 shares on a fully-diluted basis).

TARANIS RESOURCES INC.Per: John J. Gardiner (P. Geo.), President and CEO

For further information contact:

John J. Gardiner681 Conifer LaneEstes Park, Colorado 80517Phone: (303) 716-5922Cell: (720) 209-3049johnjgardiner@earthlink.net

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

This News Release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of factors beyond its control, and actual results may differ materially from expected results.

SOURCE: Taranis Resources, Inc.

View the original press release on ACCESS Newswire

TORONTO, Dec. 12, 2025 /CNW/ – Rock Tech Lithium Inc. (TSX-V: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) (the "Company" or "Rock Tech") is pleased to announce that it has engaged the services of ICP Securities Inc. ("ICP") to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation.

The agreement between the Company and ICP was signed with a start date of December 11th, 2025, and is for four (4) months (the "Initial Term") and shall be automatically renewed for subsequent one (1) month terms (each such month, an "Additional Term") unless either party provides at least thirty (30) days written notice prior to the end of the Initial Term or an Additional Term, as applicable. ICP will be paid a cash monthly fee of C$7,500, plus applicable taxes from the Company's general working capital. There are no performance factors contained in the agreement and no stock options or other compensation in connection with the engagement.

ICP does not currently have any direct or indirect interest in the Company or its securities. ICP and its clients may acquire an interest in the securities of the Company in the future.

ICP is an arm's length party to the Company. ICP's market making activity will be primarily to correct temporary imbalances in the supply and demand of the Company's shares. ICP will be responsible for the costs it incurs in buying and selling the Company's shares, and no third party will be providing funds or securities for the market making activities.

ABOUT ICP SECURITIES INC.

ICP Securities Inc. is a Toronto-based CIRO dealer-member that specializes in automated market making and liquidity provision, as well as having a proprietary market making algorithm, ICP Premium™, that enhances liquidity and quote health. Established in 2023, with a focus on market structure, execution, and trading, ICP has leveraged its own proprietary technology to deliver high quality liquidity provision and execution services to a broad array of public issuers and institutional investors.

ABOUT ROCK TECH

Rock Tech is enabling the battery age by making the battery industries in Europe and North America more independent and competitive. The Company's goal is to ensure the supply of high-quality, locally produced lithium – supporting a resilient, sustainable, and transparent value chain from mine to battery-grade material.

Rock Tech relies on responsible sourcing, state-of-the-art and proven technologies, and a clear focus on circular economy principles. The Company's lithium hydroxide converter projects in Guben, Germany (24,000 tonnes LHM per year) and Ontario, Canada (up to 36,000 tonnes LCE per year) form the foundation for a stable and regional supply to the battery and automotive industries. The Guben converter has been recognized as a strategic project under the EU Critical Raw Materials Act.

The raw materials for Rock Tech's converter projects are sourced exclusively from verifiably ESG-compliant suppliers. In Canada, Rock Tech relies, among other sources, on its wholly owned Georgia Lake Project, which ensures a stable and sustainable supply for the North American market and is being developed in close partnership with local First Nations communities. By integrating recycled materials, the company aims to close the local battery loop.

With its facilities, Rock Tech makes a central contribution to battery-grade material sovereignty and the achievement of climate targets. The company works in partnership with industry, policymakers, and community groups, and is committed to open communication and the highest environmental standards.

CAUTIONARY NOTE CONCERNING FORWARD-LOOKING INFORMATION

Certain statements contained in this news release constitute "forward-looking information" under applicable securities laws and are referred to herein as "forward-looking statements". All statements, other than statements of historical fact, which address events, results, outcomes or developments that the Company expects to occur are forward-looking statements. When used in this news release, words such as "expects", "anticipates", "plans", "predicts", "believes", "estimates", "intends", "targets", "projects", "forecasts", "may", "will", "should", "would", "could" or negative versions thereof and other similar expressions are intended to identify forward-looking statements. In particular, this news release contains forward-looking information pertaining to: the partnership between the Company and ICP, the market making activities to be performed by ICP; the anticipated benefits of the market making arrangement, including the potential for improved liquidity and trading in the Company's shares; and the Company's broader business strategy, including its role in Europe's battery supply chain and contribution to the energy transition. Forward-looking statements by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results to differ materially from the forward-looking statements. Key risks and uncertainties include, but are not limited to: failure of ICP to provide effective market making services and the impact of such failure on the liquidity and trading of the Company's shares; changes in market conditions, trading volumes, or regulatory requirements; and the Company's ability to execute its business strategy and achieve its objectives. There may also be other factors that cause actual results to differ materially from the forward-looking statements, including the risks, uncertainties and other factors discussed in the Company's most recent management's discussion and analysis and annual information form filed with the applicable securities regulators. Forward-looking information is based on certain assumptions, estimates, expectations and opinions of the Company and, in certain cases, third party experts, that are believed by management of Rock Tech to be reasonable at the time they were made, including assumptions regarding: the ability of ICP to provide market making services as agreed; the Company's ability to advance its projects as planned; the accuracy of technical and economic analyses for the Company's projects; and the Company's ability to secure necessary permits, financing, and regulatory approvals. No assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, and the Company cautions the reader not to place undue reliance upon any such forward-looking statements. The Company does not intend, nor does it assume any obligation to update or revise any of the forward-looking statements, whether as a result of new information, changes in assumptions, future events or otherwise, except to the extent required by applicable law.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. 

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Vancouver, British Columbia–(Newsfile Corp. – December 10, 2025) – IMAGINE LITHIUM INC. (TSXV: ILI) (OTCQB: ARXRF) (the "Company" or "Imagine") is pleased to announce a strategic land acquisition in the prolific Georgia Lake Pegmatite Field (GLPF), increasing its overall prolific exploration area by 45% at its 100%-owned Jackpot Lithium Project, located near Thunder Bay, Ontario, Canada. The addition of the 'SPOD Lithium Option' of 8,449 ha brings the total land package held by Imagine to a total of 27,597 ha of prospective geology in the GLPF.

The addition of the 'SPOD Option Claims' creates a continuous land position between the NI 43-101 compliant Jackpot deposit and Rock Tech Lithium's Nama Creek deposit to the north, representing a strategic land acquisition that strengthens Imagine's exploration footprint moving forward (Figure 1).

Simone Suen, President of Imagine, stated: "We are pleased to announce the acquisition of a substantial land package for our Jackpot Project, consolidating significantly more prospective ground and positioning Imagine Lithium as the largest land holder in the Georgia Lake region. This expansion enhances synergies with Rock Tech Lithium's Nama Creek Project and strengthens Imagine's ability to advance our Mineral Resource inventory, currently at 3.1 Mt indicated and 5.3 Mt inferred (with grades of 0.85% and 0.91% Li2O, respectively). The outcome of the 2025 field season continue to refine our exploration model for the belt, underscoring the value of methodical exploration in identifying new deposits. Access to nearby infrastructure, ports, and a skilled workforce further supports the potential to bring Ontario's first lithium deposit into production."

Under the terms of the agreement, effective December 5, 2025, Imagine Lithium agrees to purchase 100% undivided right, title and interest in the North Nipigon Lithium Property from Spod Lithium Corp, hereby called the 'Spod Lithium Option' (Figure 1). Upon execution of the agreement, the 18 multi-cell mineral claims will be purchased for an aggregate cash payment of CAD$30,000. The claims are subject to a 2% net smelter royalty (NSR) which will be held by Jadeite Capital Ltd.

Figure 1. Jackpot Lithium Project map showing the Jackpot deposit, Nama Creek deposit and 'SPOD Lithium Option' boundary.

To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2962/277628_3940dd4004e64bec_001full.jpg

The addition of this strategic land package compliments future exploration plans and highlights the discovery potential for multiple open-pit, hard-rock lithium deposits in the Georgia Lake Pegmatite Field. The previously announced mineral resource estimate (see September 3, 2024 News Release) on the Jackpot Project outlines two conceptual pit shells – Jackpot and Casino Royale – both exhibiting good grade continuity and strong potential for resource expansion. The resources remain open along strike and to depth.

RESOURCE HIGHLIGHTS – NI 43-101 MINERAL RESOURCE ESTIMATE

  • Indicated Resource: 3.1 Mt grading 0.85% Li₂O (26,200 t contained Li₂O)
  • Inferred Resource: 5.3 Mt grading 0.91% Li₂O (49,500 t contained Li₂O)
    • Cut-off Grade: 0.30% Li₂O (pit-constrained)
    • Recovery: 81.5% Li₂O, based on SGS metallurgical testing
    • Bulk Density: 2.69 t/m³
    • Estimation Method: Inverse distance squared (ID²) on 2 × 2 × 2 m blocks
    • Effective Date: September 3, 2024; prepared by P&E Mining Consultants Inc.; technical report filed October 18, 2024.

METALLURGICAL TEST WORK

The early metallurgical results demonstrate that Jackpot mineralization can yield a high-grade spodumene concentrate suitable for the lithium battery supply chain.

  • Metallurgical testing was conducted by SGS Lakefield (2022–2023) on a 200 kg composite sample grading 1.72% Li₂O and 0.29% Fe₂O₃.
  • Heavy Liquid Separation (HLS) produced a 6.0% Li₂O spodumene concentrate with 81.5% Li₂O recovery, and a concentrate iron content of 0.76% Fe₂O₃, without magnetic separation.
  • Additional optimization through dense media separation (DMS) and flotation is expected to further enhance recovery and concentrate grade.
  • The Company adopted the 81.5% recovery figure within the MRE cut-off assumptions.

Grant of Options

Imagine further announces that it has granted 7,200,000 options to an officer and director of the company exercisable at $0.05 for a period of 5 years from the date of grant. The options have been granted in accordance with the Company's stock option plan.

Qualified Person

The technical content of this news release was reviewed and approved by Jason Arnold, P.Geo., an Independent Qualified Person as defined by the National Instrument 43-101.

About Imagine Lithium Inc.

Imagine is a junior mining exploration company focused on seeking and acquiring world-class mineral projects. The company holds the Jackpot lithium property located in the Georgia Lake area about 140 km NNE of Thunder Bay, Ontario, is approximately 12 km by road from the Trans-Canada Highway (Hwy 11), and is in proximity to sources of power, railroads, and ports. The Jackpot Property consists of 297 mineral claims covering 18,800 hectares. The Property contains NI 43-101 compliant Mineral Resources of 3.1 Mt grading 0.85% Li2O in the Indicated category and 5.3 Mt grading 0.91% Li2O in the Inferred category, as well as a number of other known pegmatite showings.

ON BEHALF OF THE BOARD

"Simone Sze Man Suen"Simone Sze Man Suen, President

FOR FURTHER INFORMATION, PLEASE CONTACT:

Telephone: +1-807-355-5405 Toll Free: 1-888-945-4770

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.

FORWARD-LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedarplus.ca).

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277628

Toronto, Ontario–(Newsfile Corp. – December 8, 2025) – Olive Resource Capital Inc. (TSXV: OC) ("Olive" or the "Company") is pleased to provide investors an update on its investments for the period ending November 30, 2025.

Table 1: Olive's Investment Portfolio

Name Ticker Sector Category (Audited)Value Dec 31, 2024 (Unaudited)Value Sep 30, 2025(1) (Unaudited)Value Nov 30, 2025(1)
Omai Gold Mines Corp.(2) OMG.v Precious Metals Public Equity $456,720 $3,379,050 $3,253,900
Black Sheep Ventures Inc. Private Real Estate Private Equity & Conv. Debenture $1,265,936 $1,265,936 $1,265,936
Sterling Metals Corp. (inc. Warrants) SAG.c Base Metals Public Equity $85,906 $1,625,864 $1,252,706
Arizona Sonoran Copper Co. ASCU Base Metals Public Equity $255,780 $581,400 $748,600
Troilus Gold Corporation (inc. Warrants) TLG Precious Metals Public Equity $190,800 $610,680 $738,840
Bravo Mining Corp. BRVO.v Precious Metals Public Equity $169,100 $477,500 $530,400
Aurion Resources Ltd. AU.v Precious Metals Public Equity $222,075 $458,280 $446,220
Sailfish Royalty Corp. FISH.v Precious Metals Public Equity $166,888 $435,402 $408,358
Aquitaine Metals Corp. Private Precious Metals Private Equity – $323,190 $324,536
Public Equity Liquid Investments and Working Capital (3) $1,417,143 $2,755,927 $2,473,384
Other Public Equity Fundamental Investments Incl. Warrants (4) $1,378,797 $1,691,263 $2,161,914
Other Private Equity, Loans, & Convertible Debenture Investments $809,979 $747,795 $929,548
Total Value $6,419,124 $14,352,286(5) $14,534,343(5)

 

  • For publicly listed investments traded on recognized exchanges, valuation is based on closing trading prices. For private equity investments, valuation is per the most recent financial statements. For Convertible Debentures, valuation is per the most recent financial statements, adjusted for interest accruals and convertibility value.
  • Derek Macpherson, Executive Chairman of Olive Resource Capital is a Director of this issuer.
  • Olive defines Liquid Investments as investments whose position can be liquidated in less than one day's average trading volume for that security. This measure also includes cash and cash equivalents; but does not include adjustments for working capital and liabilities.
  • Out of the Money Warrants are valued using Black Scholes with 35% volatility, and 3% interest rate. In the Money Warrants are valued at their intrinsic value.
  • The increase in value from December 31, 2024 to November 30, 2025 is primarily as a result of stock price appreciation of the investments.
  • Samuel Pelaez, the Company's President, CEO, CIO, and Director stated: "November was a strong month for the commodity complex. Gold and copper rose strongly, with the equities outperforming the commodity. In oil, despite negative sentiment for the commodity, the equities posted strong positive performance. With strong global liquidity continuing, and the weak seasonal Fall period coming to an end, at Olive we were net buyer of equities for the month. We are looking ahead to the first months of the new year, which are historically associated with strong performance for the commodity complex."

    Derek Macpherson, the Company's Executive Chairman stated: "With copper and gold rallying, Olive's portfolio rallied, erasing the small losses from October and moving Olive's investment performance into positive territory for Q4 2025 despite a challenging October. Olive is now up 126% on its investments in 2025."

    Normal Course Issuer Bid ("NCIB")

    As of the date of this release, the Company holds 1,000,000 common shares in treasury pending cancellation.

    As of the date of this release Olive Resource Capital Inc. has 106,144,709 common shares outstanding.

    About Olive Resource Capital Inc.:

    Olive is a resource-focused merchant bank and investment company with a portfolio of publicly listed and private securities. The Company's assets consist primarily of investments in natural resource companies in all stages of development.

    For further information, please contact:

    Derek Macpherson, Executive Chairman at derek@olive-resource.com or by phone at (416)294-6713 or Samuel Pelaez, President, CEO & CIO at sam@olive-resource.com or by phone at (202)677-8513. Olive's website is located at www.olive-resource.com.

    Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way approved nor disapproved the information contained herein.

    Cautionary Note Regarding Forward-Looking Statements: This press release contains "forward-looking information" within the meaning of applicable Canadian securities laws. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, identified by words or phrases such as "believes", "anticipates", "expects", "is expected", "scheduled", "estimates", "pending", "intends", "plans", "forecasts", "targets", or "hopes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "will", "should", "might", "will be taken", or "occur" and similar expressions) are not statements of historical fact and may be forward-looking statements.

    This news release includes forward-looking statements that are subject to risks and uncertainties. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause the actual results of Olive to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. All statements contained in this news release, other than statements of historical fact, are to be considered forward-looking, including, without limitation, statements concerning Olive's intended future disclosure practices. Although Olive believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to: past success or achievement does not guarantee future success; negative investment performance; downward market fluctuations; downward fluctuations in commodity prices and changes in the prices of commodities in general; uncertainties relating to the availability and costs of financing needed in the future; interest rate and exchange rate fluctuations; changes in economic and political conditions that could negatively affect certain commodity prices; and those risks set out in the Company's public documents filed on SEDAR+. Accordingly, readers should not place undue reliance on forward-looking information. Olive does not undertake to update any forward-looking information except in accordance with applicable securities laws.

    This commentary is provided for general informational purposes only and does not constitute financial, investment, tax, legal or accounting advice nor does it constitute an offer or solicitation to buy or sell any securities referred to. The information provided in this recording has been obtained from sources believed to be reliable and is believed to be accurate at the time of publishing but we do not represent that it is accurate or complete and it should not be relied upon as such.

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277259

    Modern analytical data to support upcoming interpretation, drill targeting and updated geological modelling

    VANCOUVER, BC / ACCESS Newswire / December 8, 2025 / Apex Critical Metals Corp. (CSE:APXC)(FSE:KL9)(OTCQB:APXCF) ("Apex" or the "Company"), a Canadian mineral exploration company focused on the identification and development of critical and strategic metals, is pleased to announce that it has completed its 2025 re-logging and re-sampling program of preserved historical drill core from the Rift Rare Earth Project, located near Elk Creek, Nebraska, USA.

    The program was designed to establish a modern analytical baseline for the Rift carbonatite system by applying today's advanced geochemical and geological methods to drill core originally drilled by Molycorp Inc. during the 1970s and 1980s. A substantial portion of this core was preserved through the Conservation and Survey Division, School of Natural Resources at the University of Nebraska-Lincoln, enabling a rare opportunity for modern re-evaluation (see Image 1 below).

    Image 1: Apex’s geological team evaluating historical drill core (left) and preserved core from EC-93 pictured (right).

    The 2025 program included:

    • Re-logging of prioritized Molycorp drillholes within Apex's Rift land position

    • Modern geological descriptions to verify lithologies, alteration, and mineralized intervals

    • Photography of drill core for future referencing

    • Selection and collection of samples for multi-element analysis

    • Submission of samples to Actlabs for Fusion ICP-MS, ICP-OES, and XRF analysis

    • Initial data review and modelling now underway, with assay results expected to be compiled and interpreted during Q1-2026

    Apex CEO, Sean Charland, stated: "Completing this program is an important milestone for Apex. Having access to the preserved Molycorp drill core is a unique advantage, and our 2025 re-logging and re-sampling initiative provides the first modern analytical foundation for understanding the scale and grade potential at Rift. This work allows us to accelerate our geological modelling, refine drill targeting, and build toward a more comprehensive evaluation of this significant rare earth and niobium system."

    The Rift Project covers a series of carbonatite and related intrusive rocks forming part of the broader Elk Creek Carbonatite Complex, one of North America's most prospective districts for rare earth elements ("REE") and niobium. Historical drilling by Molycorp identified multiple zones of REE- and niobium-bearing carbonatite within Apex's holdings; however, these historical results pre-date NI 43-101, are non-compliant, and are not being treated as current resources. Modern re-logging and assay data will allow Apex to improve geological and structural interpretations, validate and refine historical intervals, support 2026 drill targeting, and progress toward potential future resource modelling after the Company has completed its planned phased drilling during 2026.

    With the 2025 program now complete, the Company is compiling and interpreting newly generated analytical data, updating the geological model for the Rift carbonatite system, defining additional priority drill targets for the next phase of exploration, and continuing permitting and operational planning for drilling anticipated to commence in early 2026. A further update will be provided upon completion of data interpretation and integration into the Rift geological framework.

    Marketing Update

    The Company is also pleased to announce it has extended its investor relations agreement with Rumble Strip Media Inc. ("Rumble") to enhance its investor awareness. Pursuant to the agreement, Rumble will provide certain social media, marketing and consulting services to Apex. In consideration, Apex will pay CAD$1,000,000 to Rumble, with CAD$250,000 to be paid upfront. The extension commences December 5, 2025, for a three-month term ending March 5, 2025. The services to be provided by Rumble constitutes investor relations activities within the meaning of applicable securities laws and the policies of the Canadian Securities Exchange. Rumble and its principals are arm's length to the Company and, to the knowledge of the Company, Rumble does not own, control, or direct any securities of the Company.

    Stock Options

    The Company wishes to announce that it has granted (the "Grant") an aggregate of 75,000 incentive stock options (each, an "Option") to purchase up to 75,000 common shares of the Company (each, a "Share") to a consultant under its Equity Incentive Plan. The Options are exercisable for a period of four (4) years from the date of Grant, expiring on December 5, 2027, at a price of $2.50 per Share. Additionally, the Company announces that is has granted an aggregate of 25,000 restricted share units (each, a "RSU"). The Options and RSU's will vest six (6) months from the date of grant. All Options and the Shares underlying such Options are subject to a hold period of four months and one day from the date of issuance.

    Qualified Person

    The technical content of this news release has been reviewed and approved by Nathan Schmidt, P. Geo., Geologist for Dahrouge Geological Consulting Ltd. and a Qualified Person under NI 43-101 on standards of disclosure for mineral projects.

    The results discussed in this document are considered historical. An Apex Critical Metals Corp. qualified person has not performed sufficient work or data verification to validate these historical results in accordance with NI 43-101, and therefore results should not be relied upon until such time that the Company has carried out its own sampling, drilling and modern analysis.

    About Apex Critical Metals Corp. (CSE: APXC) (OTCQX: APXCF) (FWB: KL9)

    Apex Critical Metals Corp. is a Canadian exploration company focused on advancing rare earth element (REE) and niobium projects that support the growing demand for critical and strategic metals across the United States and Canada. The Company's flagship Rift Project, located within the highly prospective Elk Creek Carbonatite Complex in Nebraska, U.S.A., hosts extensive rare earth rights surrounding one of North America's most advanced niobium-REE deposits. Historical drilling across the complex has reported broad intervals of high-grade REE mineralization, including intercepts such as 155.5 m of 2.70% REO and 68.2 m of 3.32% REO.

    In Canada, Apex continues to advance its 100%-owned Cap Project, located 85 kilometres northeast of Prince George, British Columbia. The 2025 drill program confirmed a significant niobium discovery with 0.59% Nb₂O₅ over 36 metres, including 1.08% Nb₂O₅ over 10 metres, within a 1.8-kilometre-long niobium trend. The Cap Project continues to demonstrate strong potential for niobium mineralization within a large and previously unrecognized carbonatite system.

    With a growing portfolio of critical mineral projects in both Canada and the United States, Apex Critical Metals is strategically positioned to help strengthen domestic supply chains for the minerals essential to advanced technologies, clean energy, and national security. Apex is publicly listed in Canada on the Canadian Securities Exchange (CSE) under the symbol APXC and quoted on the OTCQX market in the United States under the symbol APXCF, and in Germany on the Borse Frankfurt under the symbol KL9 and/or WKN: A40CCQ. Find out more at www.apexcriticalmetals.com and to sign up for free news alerts please go to https://apexcriticalmetals.com/news/news-alerts/, or follow us on X (formerly Twitter), Facebook or LinkedIn.

    On Behalf of the Board of Directors

    APEX CRITICAL METALS CORP.,

    Sean CharlandChief Executive OfficerTel: 604.681.1568Email: info@apexcriticalmetals.com

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

    CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

    This news release may contain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this news release include (without limitation) statements with respect to anticipated assay results from remaining 2025 drillholes, statements regarding the Company's US-based prospective assets (more particularly described above), including the potential for additional acquisitions and the potential for exploration, and statements regarding the potential for future exploration and drilling to confirm the source of magnetic anomalies. Forward-looking statements are subject to various known and unknown risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. Risks that could change or prevent these events, activities or developments from coming to fruition include: the Company's properties are at an early stage of development and no current mineral resources or reserves have been identified by the Company thereof, that we may not be able to fully finance any additional exploration on the Company's properties; that even if we are able to raise capital, costs for exploration activities may increase such that we may not have sufficient funds to pay for such exploration or processing activities; the timing and content of any future work programs; geological interpretations based on drilling that may change with more detailed information; potential process methods and mineral recoveries assumptions based on limited test work and by comparison to what are considered analogous deposits that, with further test work, may not be comparable; testing of our process may not prove successful or samples derived from our properties may not yield positive results, and even if such tests are successful or initial sample results are positive, the economic and other outcomes may not be as expected; the anticipated market demand for REE and other minerals may not be as expected; the availability of labour and equipment to undertake future exploration work and testing activities; geopolitical risks which may result in market and economic instability. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements herein are made as of the date hereof, and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    SOURCE: Apex Critical Metals Corp.

    View the original press release on ACCESS Newswire

    /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

    OTTAWA, ON, Dec. 8, 2025 /CNW/ – Northern Shield Resources Inc. ("Northern Shield" or the "Company") (TSXV: NRN) is pleased to announce a strategic non-brokered private placement with Labrador Gold Corp. (TSXV: LAB) ("LabGold"), whereby LabGold will subscribe for 16,666,667 subscription receipts of the Company ("Subscription Receipts") at a price of $0.06 per Subscription Receipt for aggregate gross proceeds of $1,000,000 (the "Offering").

    "We are very pleased with the proposed investment partnership with Labrador Gold and are also proud that we will be their first investment as an investment issuer. Under the leadership of Mr. Roger Moss, LabGold has a successful track record in Newfoundland and Labrador by implementing a systematic exploration strategy that ultimately led to the buyout of their Kingsway project by NewFound Gold. Roger has recognized that traditional financings for early-stage greenfield projects, where the big discoveries are usually made, are disappearing and the proposed transition to a hybrid mining/investment issuer is timely and fits well with Northern Shield's innovative thinking.

    There is continuing, and increasing, interest in the potential for porphyry copper/gold systems in the Avalon Terrane in Newfoundland, as exemplified at the Mineral Resources Review Conference in St, John's in November where an update on the Root & Cellar Project was well received with the rocks on display attracting much attention. Northern Shield's recent exploration results at the Creston target is an indication that the porphyry potential is significant for the Property to host a large, well-preserved, epithermal gold and porphyry copper system. We are glad that this rare opportunity was recognized by Roger and his strong technical team.

    This funding is the cornerstone for the exploration program at Root & Cellar planned for the remainder of 2025 and into 2026, which will include geophysical surveys over the copper target and 5,000+ metres of drilling split between Creston copper and Conquest gold, and also follow up at the Braxton Bradley Zone, located 5 km north-east of Creston, which hosts gold-silver-tellurium mineralization, where soil sampling was recently completed and where copper-gold-silver mineralized boulders have been found. We look forward to the investment partnership with LabGold which will help us bring the property to the next level"

    – Ian Bliss, President and CEO, Northern Shield

    The aggregate gross proceeds of the Offering (the "Escrowed Funds") will be held in escrow pursuant to the terms of a subscription receipt escrow agreement to be entered into between the Company and LabGold, and the release of the Escrowed Funds will be conditional upon, among others, receipt of LabGold shareholder and regulatory approval with respect to LabGold's change of business (the "Escrow Release Conditions").

    Each Subscription Receipt will entitle LabGold to receive, without any further action or any additional consideration, and subject to adjustment, one (1) unit of the Company (a "Unit") upon satisfaction of the Escrow Release Conditions (the "Escrow Release Date"). Each Unit consists of one (1) common share of Northern Shield (a "Common Share") and one (1) common share purchase warrant (each a "Warrant"). Each Warrant entitles the holder to purchase one additional Common Share (a "Warrant Share") at a price of $0.10 per Warrant Share for a period of 36 months from the Escrow Release Date.

    As additional consideration for LabGold in respect of the Offering, for as long as LabGold retains at least a 10% equity interest in the Company, LabGold shall have the following rights: (i) a pre-emptive right to participate in future financings of Northern Shield to maintain its equity interest in the Company following the issuance of the Units to LabGold; and (ii) the right to appoint a technical advisor to help guide exploration activities carried out on the Company's properties. The Units will be subject to a voluntary lockup agreement prohibiting the trading of the Common Shares, Warrants, or Warrant Shares for a period of four months from the Escrow Release Date.

    If the Escrow Release Conditions are not satisfied or waived on or before the date that is 120 days following the closing date of the Offering, or if the Offering is terminated, the Subscription Receipts will be cancelled without any further action, and the Escrowed Funds and any interest earned thereon will be returned to LabGold, less an amount of $20,000 to be paid to Northern Shield as reimbursement for its reasonable expenses in relation to the Offering.

    Closing of the Offering is subject to certain customary conditions, including, without limitation, approval of the TSX Venture Exchange ("TSXV"), and all of the securities issued under the Offering will be subject to a four-month and one-day statutory hold period.

    In connection with the Offering, the Company will use the cash proceeds to continue the diamond drilling program at the Company's Root & Cellar Project and for general working capital purposes.

    The securities have not and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), or any applicable state securities laws and may not be offered or sold to, or for the account or benefit of, persons in the United States or "U.S. persons," as such term is defined in Regulation S promulgated under the U.S. Securities Act, absent registration or an exemption from such registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful.

    About Northern Shield Resources

    Northern Shield Resources Inc. is a Canadian-based company known as a leader in generating high-quality exploration targets that views greenfield exploration as an opportunity to find a Tier 1 asset, near surface, and at relatively low cost. We implement a model driven exploration approach to reduce the risk associated with early-stage projects for ourselves, our shareholders, and the environment. This approach led us to option the Root & Cellar Project from a Newfoundland prospector, who discovered the mineralization, and then its advancement to a large gold-silver-tellurium and copper porphyry system.

    Forward-Looking Information

    This news release contains forward-looking information and forward-looking statements within the meaning of applicable securities laws (collectively, "forward-looking information"). Such forward-looking information is provided to inform the Company's shareholders and potential investors about management's assessment of the Company's plans and operations relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Any such forward-looking information may be identified by words such as "anticipate", "proposed", "estimates", "would", "expects", "intends", "plans", "may", "will", and similar expressions, although not all forward-looking information contains these identifying words.

    More particularly and without limitation, the forward‐looking information in this news release includes (i) expectations regarding the Company's financing plans and receipt of TSXV approvals and the timing thereof; (ii) expectations regarding the Offering and the timing and closings thereof; (iii) expectations concerning the Company's plans and objectives in respect of the Offering's gross proceeds; (iv) expectations regarding satisfaction of the Escrow Release Conditions; and (v) expectations concerning the Company's business plans and operations. Forward-looking information is based on a number of factors and assumptions that have been used to develop such information, but which may prove to be incorrect and are inherently subject to significant business, economic and competitive uncertainties, and contingencies. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, undue reliance should not be placed on forward-looking information because the Company can give no assurance that such expectations will prove to be correct. The forward-looking information in this news release reflects the Company's current expectations, assumptions and/or beliefs based on information currently available to the Company. Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or expressly qualified by this cautionary statement.

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

    View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2025/08/c2148.html

    We came across a bullish thesis on FMC Corporation on DeepValue Capital’s Substack. In this article, we will summarize the bulls’ thesis on FMC. FMC Corporation's share was trading at $13.84 as of December 1st. FMC’s trailing and forward P/E were 30.22 and 5.92 respectively according to Yahoo Finance.

    hedgehog94/Shutterstock.com

    FMC Corporation (NYSE: FMC) is a global agricultural chemical company specializing in herbicides, fungicides, and insecticides, known for its strong research pipeline and deep intellectual property moat. Following a 75% stock decline from 2022 highs amid a destocking cycle and weaker pricing, the company now trades at historically low valuation levels, presenting a potential turnaround story. FMC’s destocking headwinds appear to be easing as product use on farms has surpassed distributor sales in recent quarters, signaling inventory normalization.

    Its innovation-led model—anchored by patented molecules such as Rynaxypyr® and Cyazypyr®—and new products like Fluindapyr, Isoflex™, and Dodhylex™ support a path toward renewed growth, especially as markets like Brazil and Latin America expand. The company is also divesting its low-margin India commercial business to reallocate capital toward higher-return opportunities while establishing a direct-to-grower sales model in Brazil. With biologicals growing over 20% annually and favorable industry tailwinds tied to global food demand, FMC is well-positioned for a cyclical rebound.

    Financially, FMC maintains a strong balance sheet with manageable maturities beginning only in 2029 and ample liquidity. Management aims to reduce leverage while sustaining a 7%+ dividend yield. Historical returns on capital have been robust, with a median ROIC near 17%. Risks remain tied to commodity cycles, competitive pressures, and execution of new initiatives, but the destocking recovery, new product launches, and balance sheet strength underpin the upside case. Based on management’s 2027 targets and normalized free cash flow assumptions, fair value estimates suggest potential appreciation toward $75–$80 per share—implying nearly 2.5x upside from current levels.

    Previously we covered a bullish thesis on Corteva, Inc. (CTVA) by Business Model Mastery in May 2025, which highlighted the company’s strong patent portfolio, digital ecosystem, and margin-rich biologicals. The company’s stock price has appreciated approximately by 7.66% since our coverage. This is because the thesis played out amid resilient IP-driven growth. The thesis still stands as agricultural innovation remains durable. DeepValue Capital shares a similar view but emphasizes FMC’s turnaround from destocking and innovation-led recovery.

    FMC Corporation is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 43 hedge fund portfolios held FMC at the end of the second quarter which was 38 in the previous quarter. 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: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy NOW

    Disclosure: None.

    Vancouver, British Columbia–(Newsfile Corp. – December 5, 2025) – Sego Resources Inc. (TSXV: SGZ) ("Sego" or "the Company") is pleased to announce that the drilling in the South Gold Zone has been completed. The drill holes are those recommended by SRK Consulting Canada, Figure 1.

    Alkalic Porphyry Copper-Gold mineralization that occurs at Miner Mountain encompasses near-surface, disseminated gold mineralization in the South Gold Zone and deeper porphyry structural controlled copper-gold mineralization in the Cuba Zone.

    The drill core is now being logged and sampled with first samples ready to ship to the lab.

    The South Gold Zone diamond drill holes are now being logged and sampled with first samples ready to ship to AGAT Laboratories Calgary, Alberta

    To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/1056/277056_image1.jpg

    Figure 1. Proposed drill holes (green) at the South Gold Zone, gold grade (Au) and intervals of diamond drill holes, the boundary of mineralization (red) and on a geological base map.

    To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/1056/277056_28b8a22df4ae9905_001full.jpg

    Copper-Gold Cuba Zone deep hole drilling is now underway. Figure 2

    Figure 2. North-northeast long section of the Cuba Zone mineralization; distance between horizontal lines is 150 m.

    To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/1056/277056_6f86bf5004aabbe3_001full.jpg

    J Paul Stevenson, CEO, Director

    For further information please contact: J. Paul Stevenson, CEO (604) 682-2933 ceo@segoresources.com

    About the Project

    Sego is 100% owner of the Miner Mountain Project, an alkalic copper-gold porphyry and gold exploration project located near Princeton, British Columbia. The property is 2,056 hectares in size and is 15 km north of the Copper Mountain Mine operated by Hudbay Minerals Inc. Sego has a Memorandum of Understanding with the Upper Similkameen Indian Band on whose Traditional Territory the Miner Mountain Project is situated. Sego has received an Award of Excellence for its reclamation work on the Miner Mountain Project.

    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. No regulatory authority has approved or disapproved the information contained in this news release.

    This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statement of historical facts that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects re forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, statements are not guarantees of future performance and actual results or developments may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements.

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277056

    Let's talk about the popular Sociedad Química y Minera de Chile S.A. (NYSE:SQM). The company's shares received a lot of attention from a substantial price increase on the NYSE over the last few months. The company is now trading at yearly-high levels following the recent surge in its share price. As a large-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. However, could the stock still be trading at a relatively cheap price? Let’s take a look at Sociedad Química y Minera de Chile’s outlook and value based on the most recent financial data to see if the opportunity still exists.

    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.

    What Is Sociedad Química y Minera de Chile Worth?

    The stock seems fairly valued at the moment according to our valuation model. It’s trading around 7.1% below our intrinsic value, which means if you buy Sociedad Química y Minera de Chile today, you’d be paying a reasonable price for it. And if you believe the company’s true value is $67.85, then there’s not much of an upside to gain from mispricing. Although, there may be an opportunity to buy in the future. This is because Sociedad Química y Minera de Chile’s beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company’s shares will likely fall by more than the rest of the market, providing a prime buying opportunity.

    View our latest analysis for Sociedad Química y Minera de Chile

    What kind of growth will Sociedad Química y Minera de Chile generate?NYSE:SQM Earnings and Revenue Growth December 4th 2025

    Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company's future expectations. With profit expected to more than double over the next couple of years, the future seems bright for Sociedad Química y Minera de Chile. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.

    What This Means For You

    Are you a shareholder? SQM’s optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value. However, there are also other important factors which we haven’t considered today, such as the track record of its management team. Have these factors changed since the last time you looked at the stock? Will you have enough confidence to invest in the company should the price drop below its fair value?

    Are you a potential investor? If you’ve been keeping an eye on SQM, now may not be the most advantageous time to buy, given it is trading around its fair value. However, the optimistic prospect is encouraging for the company, which means it’s worth diving deeper into other factors such as the strength of its balance sheet, in order to take advantage of the next price drop.

    If you'd like to know more about Sociedad Química y Minera de Chile as a business, it's important to be aware of any risks it's facing. Every company has risks, and we've spotted 2 warning signs for Sociedad Química y Minera de Chile (of which 1 doesn't sit too well with us!) you should know about.

    If you are no longer interested in Sociedad Química y Minera de Chile, you can use our free platform to see our list of over 50 other stocks with a high growth potential.

    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.

    It has been about a month since the last earnings report for Archer Daniels Midland (ADM). Shares have added about 6.2% in that time frame, outperforming the S&P 500.

    Will the recent positive trend continue leading up to its next earnings release, or is ADM due for a pullback? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent drivers for Archer Daniels Midland Company before we dive into how investors and analysts have reacted as of late.

    ADM Q3 Earnings Beat Estimates, Revenues Increase 2.2% Y/Y

    Archer Daniels Midland posted third-quarter 2025 results, wherein the top line fell short of the Zacks Consensus Estimate but increased year over year. Meanwhile, earnings surpassed the Zacks Consensus Estimate but declined from the same period last year.Adjusted earnings of 92 cents per share surpassed the Zacks Consensus Estimate of 89 cents. However, the figure decreased from adjusted earnings of $1.09 per share in the year-ago quarter. On a reported basis, Archer Daniels’ third-quarter earnings were 22 cents per share, up from 4 cents in the year-ago quarter.Revenues gained 2.2% year over year to $20.4 billion, but missed the consensus estimate of $20.7 billion. Segment-wise, revenues for Ag Services & Oilseeds increased 3.5% year over year to $15.6 billion, while Carbohydrate Solutions’ revenues decreased 5.9% year over year to $2.7 billion. Nutrition’s revenues rose 4.6% year over year to $1.92 billion. The Zacks Consensus Estimate for the segments’ revenues was pegged at $15.7 billion, $2.9 billion and $1.9 billion, respectively. Revenues from Other Business are flat at $109 million compared with the figure in the prior-year period.The gross profit decreased 7% year over year to $1.3 billion, while the gross margin stood at 6.2%. Selling, general and administrative expenses declined to $873 million from $905 million in the year-ago quarter.Archer Daniels reported adjusted segmental operating profit of $845 million, down 19% from the year-ago quarter. The company has a trailing four-quarter return on invested capital of 6.7% on an adjusted basis.

    ADM’s Segmental Operating Profit

    Adjusted operating profit for Ag Services & Oilseeds dropped 21% year over year to $379 million. The Ag Services subsegment’s operating profit rose 78%, driven by higher export activity in North America and improved results in South America. This quarter included $4 million in net positive mark-to-market (MTM) impacts, versus $50 million in net negative impacts a year earlier.The Crushing subsegment’s operating profit plunged 93% year over year on lower margins resulting from muted demand tied to the deferral of U.S. biofuel policy and international trade challenges. There were about $41 million of net positive mark-to-market timing impacts in the quarter against zero of net negative impacts in the year-ago quarter.Refined Products and Other operating profit was down 3% from the prior year, as biodiesel and refining margins were affected by the delayed biofuel policy, weighing on North American demand. The quarter included $8 million in net negative MTM impacts, versus $20 million in the prior-year period. Equity earnings from the company’s investment in Wilmar decreased by approximately 10% from the prior-year quarter.The Carbohydrate Solutions segment posted an operating profit of $336 million in the third quarter of 2025, reflecting a 26% decline from the year-ago period. Operating profit in the Starches & Sweeteners subsegment also fell 36% due to lower global S&S demand, which pressured both volumes and margins. The subsegment also continued to face higher corn costs in EMEA stemming from corn quality issues, further weighing on profitability.Global wheat milling performance remained relatively stable versus the prior-year quarter, though last year’s results had benefited from $47 million in insurance proceeds, amplifying the year-over-year comparison. Vantage Corn Processors posted a $46 million increase in operating profit, supported by strong export flows and elevated pricing amid lower industry inventory levels caused by plant downtime from maintenance programs.The Nutrition segment reported an operating profit of $130 million in the third quarter of 2025, marking a 24% increase from the same period last year. Operating profit in the Human Nutrition subsegment gained 12% year over year. Within this segment, Flavors saw profit growth, driven by higher margins, particularly in North America. The Health & Wellness category also contributed to the increase, benefiting from stronger biotics demand.Meanwhile, the Animal Nutrition subsegment posted an operating profit of $34 million, marking a 79% year-over-year upsurge, fueled by margin expansion from a strategic focus on higher-value product lines and continued portfolio streamlining and cost optimization initiatives.

    Archer Daniels’ Other Financials

    The company ended the quarter with cash and cash equivalents of $1.24 billion, long-term debt, including current maturities, of $7.6 billion, and shareholders’ equity of $22.5 billion. As of Sept. 30, 2025, ADM generated $5.77 billion in cash from operating activities. It paid out dividends of $743 million during the nine months of 2025. For 2025, based on performance over the first nine months of the year and current expectations regarding the timing of anticipated benefits from favorable biofuel policy developments and the evolution of global trade dynamics, the company has revised its full-year adjusted EPS guidance. Adjusted earnings are now expected to be in the range of $3.25 to $3.50 per share, compared to the previous guidance of approximately $4.00.

    How Have Estimates Been Moving Since Then?

    In the past month, investors have witnessed a downward trend in estimates revision.

    The consensus estimate has shifted -13.16% due to these changes.

    VGM Scores

    At this time, ADM has a great Growth Score of A, though it is lagging a lot on the Momentum Score front with a D. However, the stock was allocated a score of A on the value side, putting it in the top quintile for value investors.

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

    Outlook

    Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise ADM has a Zacks Rank #4 (Sell). We expect a below average return from the stock in the next few months.

    Performance of an Industry Player

    ADM belongs to the Zacks Agriculture – Operations industry. Another stock from the same industry, FMC (FMC), has gained 1.8% over the past month. More than a month has passed since the company reported results for the quarter ended September 2025.

    FMC reported revenues of $961.3 million in the last reported quarter, representing a year-over-year change of -9.8%. EPS of $0.89 for the same period compares with $0.69 a year ago.

    For the current quarter, FMC is expected to post earnings of $1.26 per share, indicating a change of -29.6% from the year-ago quarter. The Zacks Consensus Estimate has changed +2% over the last 30 days.

    The overall direction and magnitude of estimate revisions translate into a Zacks Rank #5 (Strong Sell) for FMC. Also, the stock has a VGM Score of D.

    Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

    Archer Daniels Midland Company (ADM) : Free Stock Analysis Report

    FMC Corporation (FMC) : Free Stock Analysis Report

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

    Zacks Investment Research

    TORONTO, Dec. 3, 2025 /CNW/ – Bravo Mining Corp. (TSXV: BRVO) (OTCQX: BRVMF), ("Bravo" or the "Company") announces that it has renewed its preliminary short form base shelf prospectus (the "Preliminary Shelf Prospectus") with the securities commissions in each of the provinces of Canada (other than Québec) in order to provide the Company with greater financial flexibility going forward but has not entered into any agreements or arrangements to authorize or offer any Securities (as defined below) at this time.

    When made final or effective, the final short form base shelf prospectus (the "Final Shelf Prospectus") would allow Bravo to undertake offerings of common shares, warrants, subscription receipts and units (collectively, the "Securities"), or any combination thereof, up to an aggregate total of CAD$300,000,000 from time to time during the 25-month period that the Final Shelf Prospectus remains effective. The Securities may be offered in amounts, at prices and on terms to be determined at the time of sale and, subject to applicable regulations, may include "at-the-market" transactions, public offerings or strategic investments. The specific terms of any offering of Securities, including the use of proceeds from any offering, will be set forth in one or more shelf prospectus supplement(s) to be filed with applicable securities regulators.

    In connection with the Preliminary Shelf Prospectus filing, the Company has filed an independent technical report titled "NI 43-101 Preliminary Economic Assessment, Luanga Project, Pará, Brazil" dated effective July 7, 2025, issued on August 20, 2025 and revised on November 28, 2025 (the "PEA Technical Report"), which report was prepared by Porfirio Cabaleiro Rodriguez (B.Sc Mining Engineering, FAIG), Bernardo Viana (BSc Geology, FAIG), Paulo Roberto Bergmann Moreira (B.Sc Mine Eng, FAusIMM) and Juliano Lima (B.Sc Geology Eng, MAIG) of GE21 Consultoria Mineral Ltda.

    The PEA Technical Report replaces the previous technical report with the same title, dated July 7, 2025, issued on August 20, 2025 and filed on SEDAR+ on August 21, 2025 following questions identified during an Ontario Securities Commission staff review in order to clarify that (a) the qualified persons responsible for the PEA Technical Report are Mr. Porfirio Cabaleiro Rodriguez, Mr. Bernardo Viana, Mr. Paulo Roberto Bergmann Moreira and Mr. Juliano Felix de Lima; and (b) Mr. Eduardo Dequech de Carvalho, who is a mining engineer and a MAusIMM, with 7 years of experience in mineral reserve estimation and mine planning, supported Mr. Porfirio Cabaleiro Rodriguez with the preparation of information regarding mining methods, infrastructure, market studies and contracts, and economic analysis.

    About Bravo Mining Corp.

    Bravo is a Canadian and Brazil-based mineral exploration and development company focused on advancing its PGM+Au+Ni Luanga Project, as well as our copper-gold exploration opportunities in the world-class Carajás Mineral Province, Para State, Brazil.

    Bravo is one of the most active explorers in Carajás. The team, comprising of local and international geologists and engineers, has a proven track record of PGM, nickel, and copper discoveries in the region and elsewhere. The individuals in the team have successfully taken a past iron oxide copper gold (IOCG) greenfield project from discovery to development and production in the Carajás.

    The Luanga Project is situated on mature freehold farming land and benefits from being located close to operating mines and a mining-experienced workforce, with excellent access and proximity to existing infrastructure, including road, rail, ports, and hydroelectric grid power. Bravo's current Environmental, Social and Governance activities include planting and donating more than 42,000 high-value trees in and around the project area in the past 30 months, while hiring personnel and contracting services locally.

    Forward-Looking Statements

    Certain statements ("forward-looking statements") in this news release contain forward-looking information concerning the Preliminary Shelf Prospectus and Final Shelf Prospectus filings, the Securities which may become issuable thereunder and the anticipated benefits thereof. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results to differ from those expressed or implied by the forward-looking statements. Such factors include, but are not limited to, continued capitalization and commercial viability; global economic conditions; competition; and delays in obtaining requisite regulatory and other approvals for the filing of the Final Shelf Prsopectus. Forward-looking statements are based on certain assumptions that management believes are reasonable at the time they are made. In making the forward-looking statements included in this news release, Bravo has applied several material assumptions, including, but not limited to, the assumption that Bravo will be able to raise additional capital as necessary, that the proposed exploration and development activities will proceed as planned, that market fundamentals will result in sustained demand and prices for platinum group metals, gold, copper and nickel and that all requisite regulatory approvals will be obtained in a timely manner. 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. Bravo expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities legislation.

    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 Press release.

    View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2025/03/c7123.html

    Toronto, Ontario–(Newsfile Corp. – December 3, 2025) – Minnova Corp. (TSXV: MCI) ("Minnova" or the "Company"), is pleased to announce the closing of its previously announced "best efforts" private placement (the "Offering") for aggregate gross proceeds of C$4,820,154 from the sale of (i) 12,900,000 units of the Company (each, a "Unit") at a price of C$0.20 per Unit (the "Unit Price"), and (ii) 9,739,800 flow-through units of the Company (each, a "FT Unit") at a price of C$0.23 per FT Unit. Red Cloud Securities Inc. ("Red Cloud") acted as sole agent and bookrunner under the Offering.

    Each Unit consists of one common share of the Company (a "Unit Share") and one common share purchase warrant (each, a "Warrant"). Each FT Unit consists of one common share of the Company (each, a "FT Share") and one Warrant each issued as a "flow-through share" within the meaning of subsection 66(15) of the Income Tax Act (Canada). Each Warrant entitles the holder to purchase one common share of the Company at a price of C$0.30 at any time on or before December 3, 2028.

    The Company intends to use the net proceeds from the Offering for the exploration and advancement of the Company's PL Gold Mine Project located in Manitoba as well as for working capital and general corporate purposes, as is more fully described in the Amended Offering Document (as herein defined).

    The gross proceeds from the sale of FT Shares will be used by the Company to incur eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" as both terms are defined in the Income Tax Act (Canada) (the "Qualifying Expenditures") related to the Company's PL Gold Mine Project on or before December 31, 2026. All Qualifying Expenditures will be renounced in favour of the purchasers of the FT Units effective December 31, 2025.

    In accordance with National Instrument 45-106 – Prospectus Exemptions ("NI 45-106"), the Units were sold to Canadian purchasers pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the "Listed Issuer Financing Exemption"). The securities issuable from the sale of the Units are immediately freely tradeable in accordance with applicable Canadian securities legislation for Units sold to purchasers resident in Canada.

    The FT Units were sold by way of the "accredited investor" and "minimum amount investment" exemptions under NI 45-106. All securities issuable from the sale of FT Units are subject to a hold period in accordance with applicable Canadian securities law, expiring four months and one day following the issue date, being April 4, 2026.

    As consideration for their services in the Offering, Red Cloud received aggregate cash fees of C$256,809.24 and 1,196,388 non-transferable common share purchase warrants (the "Broker Warrants"). Each Broker Warrant is exercisable into one common share of the Company (each, a "Broker Warrant Share") at the Unit Price at any time on or before December 3, 2028. The Broker Warrants and Broker Warrant Shares are subject to a hold period in accordance with applicable Canadian securities law, expiring four months and one day following the issue date, being April 4, 2026.

    There is an amended and restated offering document (the "Amended Offering Document") related to the Offering that can be accessed under the Company's profile at www.sedarplus.ca and on the Company's website at: www.minnovacorp.ca.

    The closing of the Offering remains subject to the final approval of the TSX Venture Exchange (the "TSXV").

    The securities to be offered pursuant to the Offering have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

    About Minnova Corp.

    Minnova Corp. is a near term gold producer focused on the restart and expansion of its 100%-owned PL Gold Mine in the prolific Flin Flon Greenstone Belt of Central Manitoba. The project is situated on a past-producing mine site and benefits from significant existing infrastructure, including a 1,000 tpd processing plant and valid underground mining permit (Environment Act License 1207E).

    A positive 2018 Feasibility Study, based on an underground development plan and a gold price of US$1,250 per ounce, outlined a robust 5-year mine life with an annual production rate of 46,493 ounces. Considering current high gold price Minnova is revising the mine development plan to prioritize lower-cost open pit mining methods for the initial years of production before transitioning to underground methods. The new mine plan leverages the full 1,000 tpd mill capacity and targets reduced operating costs compared to the previous underground-only model. The revised mine development plan is underway and will be the subject of a Preliminary Economic Assessment and Feasibility Study to be completed in 2026.

    The current global gold resource remains open to expansion, as does the reserve. The Mineral Resource Estimate will be revised in 2026, using current consensus gold price assumption and will incorporate all drilling conducted after the 2018 Feasibility Study, including the upcoming 15,000-meter drill program scheduled for 2025 and 2026.

    Minnova Corp.

    Gorden GlennPresident & Chief Executive Officer

    For further information, please contact Investor Relations: info@minnovacorp.caVisit our website at www.minnovacorp.ca

    Forward Looking Statements

    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. 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. Forward-looking statements herein includes, but is not limited to, statements that address activities, events or developments that Minnova expects or anticipates will or may occur in the future including statements regarding the intended use of proceeds of the Offering, the tax treatment of the FT Shares and the final approval of the Offering by the TSXV. 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 UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276798

    We can readily understand why investors are attracted to unprofitable companies. Indeed, Stillwater Critical Minerals (CVE:PGE) stock is up 214% in the last year, providing strong gains for shareholders. But while the successes are well known, investors should not ignore the very many unprofitable companies that simply burn through all their cash and collapse.

    Given its strong share price performance, we think it's worthwhile for Stillwater Critical Minerals shareholders to consider whether its cash burn is concerning. In this report, we will consider the company's annual negative free cash flow, henceforth referring to it as the 'cash burn'. The first step is to compare its cash burn with its cash reserves, to give us its 'cash runway'.

    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.

    Does Stillwater Critical Minerals Have A Long Cash Runway?

    A cash runway is defined as the length of time it would take a company to run out of money if it kept spending at its current rate of cash burn. When Stillwater Critical Minerals last reported its September 2025 balance sheet in December 2025, it had zero debt and cash worth CA$3.9m. Importantly, its cash burn was CA$6.2m over the trailing twelve months. Therefore, from September 2025 it had roughly 8 months of cash runway. That's quite a short cash runway, indicating the company must either reduce its annual cash burn or replenish its cash. The image below shows how its cash balance has been changing over the last few years.

    TSXV:PGE Debt to Equity History December 3rd 2025

    Check out our latest analysis for Stillwater Critical Minerals

    How Is Stillwater Critical Minerals' Cash Burn Changing Over Time?

    Stillwater Critical Minerals didn't record any revenue over the last year, indicating that it's an early stage company still developing its business. Nonetheless, we can still examine its cash burn trajectory as part of our assessment of its cash burn situation. With the cash burn rate up 27% in the last year, it seems that the company is ratcheting up investment in the business over time. However, the company's true cash runway will therefore be shorter than suggested above, if spending continues to increase. Admittedly, we're a bit cautious of Stillwater Critical Minerals due to its lack of significant operating revenues. We prefer most of the stocks on this list of stocks that analysts expect to grow.

    How Hard Would It Be For Stillwater Critical Minerals To Raise More Cash For Growth?

    Given its cash burn trajectory, Stillwater Critical Minerals shareholders should already be thinking about how easy it might be for it to raise further cash in the future. Issuing new shares, or taking on debt, are the most common ways for a listed company to raise more money for its business. Commonly, a business will sell new shares in itself to raise cash and drive growth. By looking at a company's cash burn relative to its market capitalisation, we gain insight on how much shareholders would be diluted if the company needed to raise enough cash to cover another year's cash burn.

    Stillwater Critical Minerals has a market capitalisation of CA$120m and burnt through CA$6.2m last year, which is 5.2% of the company's market value. Given that is a rather small percentage, it would probably be really easy for the company to fund another year's growth by issuing some new shares to investors, or even by taking out a loan.

    So, Should We Worry About Stillwater Critical Minerals' Cash Burn?

    On this analysis of Stillwater Critical Minerals' cash burn, we think its cash burn relative to its market cap was reassuring, while its cash runway has us a bit worried. Looking at the factors mentioned in this short report, we do think that its cash burn is a bit risky, and it does make us slightly nervous about the stock. Taking a deeper dive, we've spotted 5 warning signs for Stillwater Critical Minerals you should be aware of, and 2 of them are significant.

    Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies, and this list of stocks growth stocks (according to analyst forecasts)

    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.

    As the Australian market navigates through December, recent disruptions like the ASX announcements outage have highlighted some of the operational challenges facing investors, while fluctuations in sectors such as energy and materials reflect broader economic dynamics. In this environment, identifying promising small-cap stocks requires a keen eye for companies that can demonstrate resilience and growth potential amidst market volatility.

    Top 10 Undiscovered Gems With Strong Fundamentals In Australia

    Name

    Debt To Equity

    Revenue Growth

    Earnings Growth

    Health Rating

    Fiducian Group

    NA

    10.00%

    9.57%

    ★★★★★★

    Joyce

    NA

    9.93%

    17.54%

    ★★★★★★

    Hearts and Minds Investments

    NA

    56.27%

    59.19%

    ★★★★★★

    Spheria Emerging Companies

    NA

    -1.31%

    0.28%

    ★★★★★★

    Euroz Hartleys Group

    NA

    1.82%

    -25.32%

    ★★★★★★

    Focus Minerals

    NA

    75.35%

    51.34%

    ★★★★★★

    Energy World

    NA

    -47.50%

    -44.86%

    ★★★★★☆

    Zimplats Holdings

    5.44%

    -9.79%

    -42.03%

    ★★★★★☆

    Australian United Investment

    1.90%

    5.23%

    4.56%

    ★★★★☆☆

    Reef Casino Trust

    19.84%

    6.96%

    10.88%

    ★★★★☆☆

    Click here to see the full list of 57 stocks from our ASX Undiscovered Gems With Strong Fundamentals screener.

    We’ll examine a selection from our screener results.

    Cogstate

    Simply Wall St Value Rating: ★★★★★★

    Overview: Cogstate Limited is a neuroscience solutions company focused on developing, validating, and commercializing digital brain health assessments globally with a market cap of A$418.76 million.

    Operations: Cogstate generates revenue primarily from its Clinical Trials segment, which accounts for $50.58 million, while the Healthcare segment contributes $2.51 million.

    Cogstate, a neuroscience tech firm known for digital brain health assessments, is carving out growth through its Medidata partnership and AI-driven products. This collaboration is set to broaden Cogstate’s reach into new CNS indications and geographies, potentially boosting its contract pipeline. The company’s earnings grew 86% last year, surpassing the Healthcare Services industry’s 18.5%, with a P/E ratio of 27x below the industry average of 36.2x. Despite being debt-free now compared to a 16.4% debt-to-equity ratio five years ago, it faces challenges like regulatory hurdles and competitive pressures from larger digital health players.

    ASX:CGS Debt to Equity as at Dec 2025GenusPlus Group

    Simply Wall St Value Rating: ★★★★★★

    Overview: GenusPlus Group Ltd specializes in the installation, construction, and maintenance of power and communication systems in Australia with a market cap of A$1.15 billion.

    Operations: GenusPlus Group Ltd generates revenue primarily from three segments: Infrastructure (A$405.10 million), Energy & Engineering (A$224.06 million), and Services (A$122.11 million).

    GenusPlus Group, a nimble player in Australia’s energy sector, is poised for growth with its strategic focus on renewable energy and grid upgrades. The company boasts a robust pipeline of diverse projects, reducing geographic risk while venturing into high-margin areas like battery storage systems. Over the past year, earnings surged by 83.6%, outpacing the construction industry’s 6.5% growth rate. With more cash than total debt and positive free cash flow reaching A$69 million recently, GenusPlus seems financially sound. The recent addition of Tony Narvaez as a director brings valuable industry expertise to navigate future challenges and opportunities effectively.

    ASX:GNP Earnings and Revenue Growth as at Dec 2025Omni Bridgeway

    Simply Wall St Value Rating: ★★★★★☆

    Overview: Omni Bridgeway Limited, along with its subsidiaries, offers dispute and litigation finance services across multiple regions including Australia, the United States, Canada, Latin America, Asia, New Zealand, Europe, the Middle East, and Africa with a market capitalization of A$451.20 million.

    Operations: Omni Bridgeway generates revenue primarily from funding and providing services related to legal dispute resolution, amounting to A$87.77 million.

    Omni Bridgeway, a notable player in the financial litigation space, has recently turned profitable, boasting a debt to equity ratio reduction from 18.7% to 2.3% over five years. Its price-to-earnings ratio stands at an attractive 1.3x compared to the Australian market’s 22x, indicating potential value for investors. Despite earnings forecasted to decline by an average of 148% annually over the next three years, revenue is expected to grow by approximately 24%. The company enjoys high-quality non-cash earnings and more cash than total debt, suggesting financial stability amidst industry challenges.

    ASX:OBL Earnings and Revenue Growth as at Dec 2025Summing It All Up

    • Unlock our comprehensive list of 57 ASX Undiscovered Gems With Strong Fundamentals by clicking here.

    • Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St’s portfolio, where intuitive tools await to help optimize your investment outcomes.

    • Join a community of smart investors by using Simply Wall St. It’s free and delivers expert-level analysis on worldwide markets.

    Seeking Other Investments?

    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:CGS ASX:GNP and ASX:OBL.

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

    As the Australian market navigates a cautious landscape, influenced by mixed performances on Wall Street and concerns over recent economic indicators like the hotter-than-expected CPI read, investors are keeping a close eye on small-cap opportunities. In such an environment, identifying promising stocks often involves looking for companies with strong fundamentals and growth potential that can weather broader market uncertainties.

    Top 10 Undiscovered Gems With Strong Fundamentals In Australia

    Name Debt To Equity Revenue Growth Earnings Growth Health Rating
    Fiducian Group NA 10.00% 9.57% ★★★★★★
    Joyce NA 9.93% 17.54% ★★★★★★
    Hearts and Minds Investments NA 56.27% 59.19% ★★★★★★
    Spheria Emerging Companies NA -1.31% 0.28% ★★★★★★
    Euroz Hartleys Group NA 1.82% -25.32% ★★★★★★
    Djerriwarrh Investments 2.39% 8.18% 7.91% ★★★★★★
    Focus Minerals NA 75.35% 51.34% ★★★★★★
    Energy World NA -47.50% -44.86% ★★★★★☆
    Zimplats Holdings 5.44% -9.79% -42.03% ★★★★★☆
    Australian United Investment 1.90% 5.23% 4.56% ★★★★☆☆

    Click here to see the full list of 57 stocks from our ASX Undiscovered Gems With Strong Fundamentals screener.

    Let’s uncover some gems from our specialized screener.

    Australian United Investment

    Simply Wall St Value Rating: ★★★★☆☆

    Overview: Australian United Investment Company Limited is a publicly owned investment manager with a market cap of A$1.37 billion.

    Operations: The company generates revenue primarily from its investment segment, amounting to A$57 million. It has a market cap of approximately A$1.37 billion.

    Australian United Investment, a small player in the capital markets, showcases a solid financial footing with its debt to equity ratio dropping from 9.1% to 1.9% over five years. The company enjoys high-quality earnings and maintains satisfactory net debt levels at 1.5%. While earnings growth of 4.6% annually over the past five years is steady, it lags behind industry peers who posted a robust 12.7% last year. Free cash flow remains positive, and interest payments are comfortably covered by EBIT at 22.8 times, suggesting strong operational efficiency despite slower recent growth compared to the broader market.

    ASX:AUI Debt to Equity as at Nov 2025Tasmea

    Simply Wall St Value Rating: ★★★★★☆

    Overview: Tasmea Limited offers shutdown, maintenance, emergency breakdown, and capital upgrade services in Australia with a market capitalization of A$1.22 billion.

    Operations: Tasmea Limited generates revenue primarily from its Electrical Services (A$212.71 million), Civil Services (A$103.07 million), Mechanical Services (A$144.87 million), and Water & Fluid segments (A$87.06 million).

    Tasmea, a promising player in the Australian market, has seen its debt to equity ratio improve significantly from 110.9% to 70.8% over five years, indicating better financial health. Its earnings soared by 74.9% last year, outpacing the Construction industry’s growth of 6.5%, showcasing robust performance and potential for future expansion with expected annual earnings growth of 16.82%. Despite high net debt to equity at 59.8%, interest payments are well-covered by EBIT at a multiple of 10.5x, reflecting strong operational efficiency and financial resilience amidst recent strategic moves like acquisitions and equity offerings totaling A$70 million this year alone.

    ASX:TEA Debt to Equity as at Nov 2025Zimplats Holdings

    Simply Wall St Value Rating: ★★★★★☆

    Overview: Zimplats Holdings Limited is involved in the production and sales of platinum group and associated metals in Zimbabwe, with a market capitalization of approximately A$1.86 billion.

    Operations: Zimplats Holdings generates revenue primarily from the metals and mining sector, specifically gold and other precious metals, amounting to $826.59 million. The company’s financial performance is significantly influenced by its net profit margin trends over time.

    Zimplats Holdings, a player in the metals and mining sector, has seen its earnings skyrocket by 393% over the past year, outpacing industry growth of 10%. Despite this impressive performance, its earnings have decreased by 42% annually over the last five years. The company’s net debt to equity ratio stands at a satisfactory 0.01%, indicating prudent financial management. Furthermore, Zimplats’ interest payments are comfortably covered with an EBIT coverage of 12 times. However, free cash flow remains negative and capital expenditures have been significant at A$439 million recently. These factors paint a mixed picture for potential investors considering future prospects.

    ASX:ZIM Debt to Equity as at Nov 2025Make It Happen

    Seeking Other Investments?

    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:AUI ASX:TEA and ASX:ZIM.

    A bulk freighter was carrying more than a load of fluorspar when it pushed out of the St. Lawrence, Nfld., harbour in August, since it also signalled Canada Fluorspar Inc. had become North America’s only producer of a key mineral at a time when industries in Canada and the United States are scrambling for non-Chinese supply.

    Chief executive and chair Willem Jacobs said restarting the company’s open pit mine could produce enough ore and jobs to last 30 years.

    “It’s very seldom that you find industrial minerals with a mine life this long,” he said while on his way to the project site in southeast Newfoundland from South Africa this week. “The mineralogy is pretty consistent. There are other mines (worldwide) with higher grades, but they have other problems.”

    The only other fluorspar mine owner in North America is Ares Strategic Mining Inc., which is in the process of restarting its Sheep Mine in Utah. Most producers shut down years ago as buyers switched to importing the mineral used to make everything from aluminum to lithium-ion batteries.

    The project produces acid-grade fluorspar (acidspar), a high-purity form of the mineral. So far this year, Canada Fluorspar has processed and shipped about 8,500 tonnes to an unnamed, but well-known U.S. client.

    Acidspar is an essential material for technology, industrial and defence supply chains. Global supply is tight, with China accounting for about 80 per cent of production, but it has cut exports in the past year, prompting countries such as Canada and the United States to seek domestic supplies.

    Fluorspar was among 12 minerals added to the federal government’s list of critical minerals in this year’s budget, which also set aside $2 billion for a critical minerals sovereign fund to support Canadian projects. It provides equity investments, loan guarantees and offtake agreements to help develop domestic mining and processing capacity.

    Jacobs said he’s looking into the supports, but so far does not believe his company qualifies. Meanwhile, he’s trying to raise $100 million.

    “It will probably be a primary investor and a co-investor,” he said, adding he’d also like the government to be on board. “The reaction is slow, but I’m confident we can work something out. Government moves more slowly than the private sector, but that’s the correct approach because they don’t want to replace private money.”

    The St. Lawrence mine went into receivership in 2022, leaving a trail of unpaid bills. Jacobs bought the assets in 2023, some 30-plus years after the former Barrick Mining Corp. chief operating officer became interested in fluorspar back, reviewing global supplies in South Africa, China and elsewhere.

    In June that year, the court approved the $25‑million sale of the company’s assets to Fluorspar Holdings Pte. Ltd., a subsidiary of South African-based African Minerals Exploration & Development Funds Sicar SCA. Jacobs is now the majority owner.

    He said there are now about 270 people employed on the project, but there is significant work to be done before production can reach full scale.

    “We’re busy mining and there’s a lot of waste that has to be removed,” he said. “The previous owners mined themselves into a corner.”

    The old owners took shortcuts to get the best ore out quickly, leaving less valuable material that must be cleaned before proper mining can be resumed, Jacobs said, adding the mine’s geology is “world class.”

    Canada Fluorspar is spending about $4 million a month to get enough ore ready for its plant. The plan is to reach full production of about 180,000 tonnes of acidspar concentrate in 2027. He’s projecting production of more than 100,000 tonnes in 2026.

    The U.S. is expected to be the primary market for the company’s fluorspar given its proximity, he said. Other potential markets include Europe, India and Japan.

    Jacobs has more than 30 years of experience in global mining and industrial minerals. Before Barrick, he held leadership roles at Randgold Resources Ltd. and Imerys SA, and has led large-scale operations across Africa and the Middle East, overseeing complex projects involving exploration, mine development and operational restructuring.

    But his job now is to manage and revive the St. Lawrence mine, and he believes his vast experience and technical know-how are things the previous owner lacked.

    “Your on-site technical capabilities have to be very substantial. To process fluorspar, you need to get all of your recovery; otherwise, you’re not going to make money,” he said. “If you want to look at where things went wrong, it was the absolute lack of technical knowledge. It’s atrocious the technical decisions that were made.”

    Upgrades have been made so that all ships will be loaded at the site’s port rather than being trucked to another port. Jacobs said he hopes to add an underground mine in a few years.

    The fluorspar mine is hugely important for St. Lawrence since it once employed around 250 people. Jacobs hopes there will be jobs for 300.

    “I can tell you now it’s going to be the basis of a global industry,” he said. “First of all, it’s important for Newfoundland and this town. Ninety per cent of the employees come from the town and the Burin Peninsula.”

    As far as he’s concerned, there are only two industries that can turn countries around, and that’s mining and oil and gas.

    “They build hospitals, they built roads, they have enormous economic engines,” he said.

    • Email: arankin@postmedia.com

    Albemarle Corporation ALB remains committed to driving shareholder value by leveraging solid liquidity and healthy cash flows. At the end of the third quarter of 2025, ALB had liquidity of around $3.5 billion, including cash and cash equivalents of around $1.9 billion. Its operating cash flow was roughly $893.8 million for the first nine months of 2025, up 29% from the prior-year period. ALB expects free cash flow of $300-$400 million in 2025, driven by strong cash conversion, lower capital spending and productivity measures. Its ability to convert improving operating performance into free cash is likely to result in incremental returns to shareholders. The company remains focused on maintaining its dividend payout. It has raised its quarterly dividend for the 30th straight year and offers a dividend yield of 1.3% at the current stock price. Backed by healthy cash flows and sound financial health, ALB's dividend is perceived to be safe and reliable.Among its peers, Sociedad Quimica y Minera de Chile S.A. SQM exited the third quarter with strong liquidity, cash and cash equivalents being around $1.5 billion. Sociedad Quimica’s solid cash position supports its capital investment in growth projects and shareholder-friendly actions. Sociedad Quimica projects total capital expenditure of $2.7 billion for the 2025–2027 period, which includes the expansion of lithium carbonate and lithium hydroxide capacity in Chile, the expansion of the Mt. Holland project and investments to develop the Andover project, both in Australia. ICL Group Ltd.’s ICL cash resources totaled roughly $1.55 billion as of Sept. 30, 2025. ICL Group’s operating cash flow was $308 million in the third quarter and $742 million for the first nine months of this year. In terms of shareholder returns, ICL Group declared a quarterly dividend of roughly $62 million, equating to 50% of its third-quarter adjusted net income.

    ALB’s Price Performance, Valuation & Estimates

    Albemarle has gained 47.6% year to date compared with the Zacks Chemical – Diversified industry’s decline of 25.6%.

    Image Source: Zacks Investment Research

    ALB is currently trading at a forward price-to-sales ratio of 2.95, well above the industry. It carries a Value Score of D.

    Image Source: Zacks Investment Research

    The Zacks Consensus Estimate for ALB’s 2025 earnings implies a year-over-year rise of 48.3%. The EPS estimates for 2025 have been trending higher over the past 60 days.

    Image Source: Zacks Investment Research

    ALB stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

    Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

    Albemarle Corporation (ALB) : Free Stock Analysis Report

    Sociedad Quimica y Minera S.A. (SQM) : Free Stock Analysis Report

    ICL Group Ltd. (ICL) : Free Stock Analysis Report

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

    Zacks Investment Research

    A month has gone by since the last earnings report for FMC (FMC). Shares have lost about 10.2% 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 FMC 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 drivers.

    FMC’s Q3 Earnings Increase, Sales Decline on Lower Prices

    FMC reported a loss of $4.52 per share for third-quarter 2025. This compares unfavorably to earnings of 52 cents in the year-ago quarter.Barring one-time items, adjusted earnings per share were 89 cents, up from 69 cents reported a year ago.Revenues were $542 million in the quarter, down around 49% from the year-ago quarter’s levels. Excluding India, revenues were $961 million, down 10%.Third-quarter revenues decreased primarily due to one-time commercial actions taken in India to position the business for sale. Excluding that, third-quarter revenues still witnessed a decline of 10% from the prior-year quarter due to a 6% decrease in price from the decline linked to price reductions in specific "cost-plus" contracts with certain diamide partners, reflecting lower manufacturing costs and the other half stemmed from competitive pressure. The volumes in the core portfolio also decreased due to increased competition.

    Regional Sales Performance

    In North America, sales increased 4% year over year to $244 million in the quarter. Sales in North America increased as a result of price gains in branded products and higher volume, including Adastrio fungicide based on fluindapyr. It topped the consensus estimate of $225 million.

    Latin American sales saw an 8% year-over-year decrease to $463 million in the reported quarter. Sales in Latin America suffered from increased pressure from generics, leading to lower volume and price decline of branded products. It missed the consensus estimate of $516 million.In Asia, excluding India, revenues declined 47% from the previous year to $99 million. Sales declined due to lower pricing, the removal of India and reduced volumes. It missed the consensus estimate of $153 million.EMEA experienced an 11% year-over-year sales increase to $155 million in the reported quarter. The growth was fueled by significant volume increases, especially in the growth portfolio from branded Cyazypyr offerings. The successful launch of Isoflex in Great Britain also drove sales. It lagged the consensus estimate of $158 million.

    Financials

    The company had cash and cash equivalents of $497.7 million at the end of the quarter. Long-term debt was roughly $3.27 billion.

    Q4 Guidance

    FMC expects fourth-quarter revenues (excluding India) to range between $1.12 billion and $1.22 billion, implying a 4% decline at the midpoint compared to 2024. Adjusted EBITDA is forecasted between $265 million and $305 million, indicating a 16% decline at the midpoint. Adjusted earnings per share are projected to be $1.14 to $1.36, indicating a 30% year-over-year decrease at the midpoint.

    How Have Estimates Been Moving Since Then?

    Since the earnings release, investors have witnessed a downward trend in estimates review.

    The consensus estimate has shifted -27.57% due to these changes.

    VGM Scores

    At this time, FMC has a poor Growth Score of F, however its Momentum Score is doing a bit better with a D. Charting a somewhat similar path, the stock has a score of C on the value side, putting it in the middle 20% for value investors.

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

    Outlook

    Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise FMC has a Zacks Rank #5 (Strong Sell). We expect a below average return from the stock in the next few months.

    Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

    FMC Corporation (FMC) : Free Stock Analysis Report

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

    Zacks Investment Research

    As the U.S. stock market experiences a notable upswing, with major indexes like the S&P 500 and Nasdaq on track for their best week since June, investors are turning their attention to small-cap stocks, which often offer unique opportunities during periods of broader market optimism. In this environment, identifying small-cap companies with strong fundamentals and insider activity can be particularly appealing as these factors may indicate potential for growth amid favorable economic conditions.

    Top 10 Undervalued Small Caps With Insider Buying In The United States

    Name PE PS Discount to Fair Value Value Rating
    Merchants Bancorp 7.5x 2.5x 49.65% ★★★★★★
    Shore Bancshares 10.4x 2.8x 41.27% ★★★★★☆
    Business First Bancshares 10.2x 2.6x 49.56% ★★★★★☆
    OneSpan 8.0x 1.9x 44.37% ★★★★★☆
    First United 9.9x 3.0x 45.32% ★★★★★☆
    Peoples Bancorp 10.3x 1.9x 45.15% ★★★★★☆
    S&T Bancorp 11.3x 3.9x 37.94% ★★★★☆☆
    Farmland Partners 6.4x 7.9x -86.24% ★★★★☆☆
    CNB Financial 17.8x 3.4x 46.42% ★★★☆☆☆
    Omega Flex 17.0x 2.7x 7.78% ★★★☆☆☆

    Click here to see the full list of 77 stocks from our Undervalued US Small Caps With Insider Buying screener.

    We’re going to check out a few of the best picks from our screener tool.

    FMC

    Simply Wall St Value Rating: ★★★★★☆

    Overview: FMC is a global agricultural sciences company that provides innovative solutions for crop protection, with a market cap of approximately $13.50 billion.

    Operations: FMC’s revenue is primarily derived from its Innovative Solutions segment, with recent figures showing a gross profit margin of 38.15%. The company has experienced fluctuations in net income margin, which reached -13.80% in the latest period ending September 2025. Operating expenses and non-operating expenses have been significant cost components affecting profitability over time.

    PE: -3.5x

    FMC, a smaller player in the U.S. market, recently reported a challenging third quarter with sales dropping to US$542.2 million from last year’s US$1.07 billion and a net loss of US$569.3 million compared to prior profits. Despite these setbacks, insider confidence is evident as key figures have been purchasing shares throughout 2025, signaling potential optimism for future growth prospects amid expected earnings growth of 66% annually. However, funding remains risky due to reliance on external borrowing, and dividend reductions reflect ongoing financial adjustments.

    FMC Share price vs Value as at Nov 2025Herbalife

    Simply Wall St Value Rating: ★★★★★☆

    Overview: Herbalife is a global nutrition company that develops and sells dietary supplements, weight management products, and personal care items, with a market capitalization of $1.46 billion.

    Operations: Herbalife generates revenue across several key markets, including India and the United States, with significant contributions from other regions as well. The company experienced fluctuations in its gross profit margin, which was 50.51% in late 2014 and shifted to 45.28% by mid-2025. Operating expenses primarily consist of general and administrative costs, consistently forming a substantial part of the company’s expenditures over time.

    PE: 4.3x

    Herbalife, a company with a strong presence in the nutrition industry, is navigating challenges amidst its small cap status. Recent insider confidence was evident as they increased their shareholdings over the past quarter, signaling potential optimism about future prospects. Despite earnings forecasted to decline by 2.5% annually over three years and interest payments not well covered by earnings, Herbalife’s Liftoff product line continues to thrive in the growing US$41.4 billion energy drink market projected for 2033. The company’s recent expansion into new flavors and its investment of US$7 million in a new research facility highlight ongoing efforts to innovate and maintain quality standards. However, external borrowing remains their primary funding source, which carries higher risk compared to customer deposits.

    HLF Share price vs Value as at Nov 2025Sally Beauty Holdings

    Simply Wall St Value Rating: ★★★★★☆

    Overview: Sally Beauty Holdings operates as a specialty retailer and distributor of professional beauty supplies with two main segments, Sally Beauty Supply and Beauty Systems Group, and has a market capitalization of approximately $1.39 billion.

    Operations: SBS and BSG are the primary revenue streams, contributing to a total revenue of $3.7 billion. The gross profit margin shows a notable trend, reaching 51.62% by September 2025. Operating expenses remain significant, with general and administrative costs being a major component at $1.54 billion as of the latest period.

    PE: 8.2x

    Sally Beauty Holdings, a smaller company in the beauty sector, recently reported annual sales of US$3.70 billion, slightly down from last year. However, net income rose to US$195.88 million from US$153.41 million, indicating improved profitability with earnings per share increasing to US$1.95 from US$1.48. The company repurchased 1.68 million shares for $20.45 million between July and September 2025 as part of a long-term buyback program totaling 36.72 million shares since August 2017, reflecting insider confidence in its future prospects despite high debt levels and reliance on external borrowing for funding needs.

    SBH Share price vs Value as at Nov 2025Turning Ideas Into Actions

    Looking For Alternative Opportunities?

    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 FMC HLF and SBH.

    – Unique opportunity offers potential to accelerate mineralization models, drill targeting, scale & grade knowledge base

    VANCOUVER, BC / ACCESS Newswire / November 24, 2025 / Apex Critical Metals Corp. (CSE:APXC)(FSE:KL9)(OTCQX:APXCF) ("Apex" or the "Company"), a Canadian mineral exploration company focused on the identification and development of critical and strategic metals, is pleased to announce that it has commenced an extensive 2025 re-sampling and re-logging program of historical drill core from the Rift Rare Earth Project, located near Elk Creek, Nebraska, USA.

    The historical drill programs were completed during the 1970s and 1980s by Molycorp Inc., and a substantial portion of the drill core, and sample material have been preserved and are available for modern analysis.

    The Company has retained Dahrouge Geological Consulting Ltd. to oversee the program. Dahrouge previously completed similar verification and re-sampling work for Quantum Rare Earth Developments Corp. in 2010-2011, which supported the first modern NI 43-101 Technical Reports for the Elk Creek district. Apex's 2025 work will include re-logging of drillholes and the selection of samples for multi-element analysis. All samples will be analyzed by Actlabs using modern Fusion ICP-MS, ICP-OES and XRF. Initial results are expected during the first quarter of 2026.

    Apex CEO, Sean Charland, states: "We are grateful to the Conservation and Survey Division, School of Natural Resources, University of Nebraska-Lincoln for ensuring the preservation of the historical Molycorp material. Having access to this material is a tremendous resource to draw from and our 2025 re-logging and re-sampling program initiative at Rift will provide a modern analytical foundation for understanding the scale and grade potential of the system."

    The results of this work will support Apex's ongoing geological interpretation and modelling of the Rift carbonatite system, which is host to significant rare earth element ("REE") and niobium mineralization. The Rift Project covers a series of carbonatite and related intrusive rocks which form part of the broader Elk Creek district, a region known to contain high-grade REE and niobium mineralization at depth.

    Historical drilling by Molycorp identified multiple zones of REE- and niobium-bearing carbonatite within the boundaries of Apex's current holdings at Elk Creek though these results pre-date NI 43-101 and are therefore non-compliant with current reporting standards. Apex is not treating the historical results or estimates as current mineral resources or reserves.

    Qualified Person

    The technical content of this news release has been reviewed and approved by Nathan Schmidt, P. Geo., Geologist for Dahrouge Geological Consulting Ltd. and a Qualified Person under NI 43-101 on standards of disclosure for mineral projects.

    The results discussed in this document are considered historical. An Apex Critical Metals Corp. qualified person has not performed sufficient work or data verification to validate these historical results in accordance with NI 43-101, and therefore results should not be relied upon until such time that the Company has carried out its own sampling, drilling and modern analysis.

    About Apex Critical Metals Corp. (CSE: APXC) (OTCQX: APXCF) (FWB: KL9)

    Apex Critical Metals Corp. is a Canadian exploration company focused on advancing rare earth element (REE) and niobium projects that support the growing demand for critical and strategic metals across the United States and Canada. The Company's flagship Rift Project, located within the highly prospective Elk Creek Carbonatite Complex in Nebraska, U.S.A., hosts extensive rare earth rights surrounding one of North America's most advanced niobium-REE deposits. Historical drilling across the complex has reported broad intervals of high-grade REE mineralization, including intercepts such as 155.5 m of 2.70% REO and 68.2 m of 3.32% REO.

    In Canada, Apex continues to advance its 100%-owned Cap Project, located 85 kilometres northeast of Prince George, British Columbia. The 2025 drill program confirmed a significant niobium discovery with 0.59% Nb₂O₅ over 36 metres, including 1.08% Nb₂O₅ over 10 metres, within a 1.8-kilometre-long niobium trend. The Cap Project continues to demonstrate strong potential for niobium mineralization within a large and previously unrecognized carbonatite system.

    With a growing portfolio of critical mineral projects in both Canada and the United States, Apex Critical Metals is strategically positioned to help strengthen domestic supply chains for the minerals essential to advanced technologies, clean energy, and national security. Apex is publicly listed in Canada on the Canadian Securities Exchange (CSE) under the symbol APXC and quoted on the OTCQX market in the United States under the symbol APXCF, and in Germany on the Borse Frankfurt under the symbol KL9 and/or WKN: A40CCQ. Find out more at www.apexcriticalmetals.com and to sign up for free news alerts please go to https://apexcriticalmetals.com/news/news-alerts/, or follow us on X (formerly Twitter), Facebook or LinkedIn.

    On Behalf of the Board of Directors

    APEX CRITICAL METALS CORP.,

    Sean CharlandChief Executive OfficerTel: 604.681.1568Email: info@apexcriticalmetals.com

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

    CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

    This news release may contain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this news release include (without limitation) statements with respect to the planned re-logging and re-sampling of certain historical drill cores and when the Company expects to receive results from such activities, , the potential benefits of undertaking a re-analysis of the historical drill cores, and statements regarding the Company's Canadian and US-based prospective assets more particularly described above.. Forward-looking statements are subject to various known and unknown risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. Risks that could change or prevent these events, activities or developments from coming to fruition include: the Company's properties are at an early stage of development and no current mineral resources or reserves have been identified by the Company thereof, that we may not be able to fully finance any additional exploration on the Company's properties; that even if we are able to raise capital, costs for exploration activities may increase such that we may not have sufficient funds to pay for such exploration or processing activities; the timing and content of any future work programs; geological interpretations based on drilling that may change with more detailed information; potential process methods and mineral recoveries assumptions based on limited test work and by comparison to what are considered analogous deposits that, with further test work, may not be comparable; testing of our process may not prove successful or samples derived from our properties may not yield positive results, and even if such tests are successful or initial sample results are positive, the economic and other outcomes may not be as expected; the anticipated market demand for REE and other minerals may not be as expected; the availability of labour and equipment to undertake future exploration work and testing activities; geopolitical risks which may result in market and economic instability. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements herein are made as of the date hereof, and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    SOURCE: Apex Critical Metals Corp.

    View the original press release on ACCESS Newswire

    MILAN, September 09, 2025–(BUSINESS WIRE)–Nikkiso Clean Energy & Industrial Gases Group (Nikkiso CE&IG) has announced at the Gastech Conference today that it has launched a next-generation submerged ammonia pump designed to be the safest and most reliable in the industry.

    Ammonia is already a key component in fertilizers and increasingly being used as a clean hydrogen carrier. As demand for handling ammonia has also grown in sectors like power generation, chemical plants, shipping fleets and export terminals, Nikkiso CE&IG has responded with a first-of-its-kind solution designed to eliminate common maintenance burdens for operators thanks to its seal-less, maintenance-friendly, copper-free construction and integrated motor-pump system.

    The pump is capable of delivering more than 2,500m3 per hour and has an industry-leading maintenance record – specifically-designed parts mean the pump lasts significantly longer before any maintenance requirements, with a mean time between outages topping 16,000 hours.

    Emile Bado, President of Nikkiso CE&IG’s Pumps division, said: "Demand for ammonia across a range of applications is growing thanks to its importance as an alternative clean fuel, its role in agriculture and as a carrier for hydrogen. In response to customer demand, we are delighted to launch a pump which addresses the most common issues operators face.

    "We have a proud record of innovation at Nikkiso CE&IG, and the work that has gone into producing this pump is no different – as a result, it leads the industry in safety, reliability, maintenance and performance."

    The launch of the pump builds on a track record of expertise and innovation both at Nikkiso CE&IG and its parent company, Nikkiso Co, in serving the ammonia market across a range of applications. Nikkiso CE&IG has four decades of experience in building submersible motor pumps for ammonia service and recently secured approval in principle for a new ammonia fuel supply system, alongside its existing and proven range of purpose-built ambient and electric heat exchangers for ammonia. Nikkiso Co’s Industrial division has also built more than 7,000 canned motor pumps for use in ammonia handling, and plans to launch a liquid ammonia pump for thermal power generation next year.

    Notes to Editors

    Eric Sensat, Product Manager – Submerged Motor Pumps at Nikkiso CE&IG, will be presenting the new submerged ammonia pump at Nikkiso CE&IG’s booth (J14) at 10.30am and 1.30pm on Wednesday, September 10, 2025.

    About Nikkiso Clean Energy & Industrial Gases Group

    The Nikkiso Clean Energy & Industrial Gases Group is a leading provider of cryogenic equipment and solutions around the world, meeting the changing market demand for lower-carbon energy and industrial gases with innovative products and collaborative solutions. We fuel the future of the energy, transportation, marine, aerospace and industrial gas markets.

    The Group employs more than 1,800 people in 12 countries and is headed by Cryogenic Industries, Inc., which is a wholly owned subsidiary of Nikkiso Co., Ltd. (TSE: 6376).

    To learn more about Nikkiso CE&IG Group visit NikkisoCEIG.com.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20250908128086/en/

    Contacts

    Media Ross DavidsonDirector of External Communications+44 (0)7946 930741Ross.davidson@nikkisoceig.com pr@nikkisoceig.com

    BHP Group Limited

    MELBOURNE, Australia, Sept. 09, 2025 (GLOBE NEWSWIRE) — BHP Xplor, the nine-month accelerator program aimed at transforming the discovery of critical minerals, has officially opened applications for the 2026 cohort.

    Following the success of the 2023, 2024, and 2025 cohorts, BHP Xplor invites early-stage explorers to apply for its next intake. The program is looking for ambitious teams and individuals dedicated to uncovering new sources of critical minerals essential for a sustainable future.

    The BHP Xplor program is designed to accelerate participants' exploration opportunities while fostering long-term connections with BHP. Participants benefit from up to USD $500,000 in equity-free funding, expert mentorship, and access to BHP’s global network of suppliers and service providers.

    Tim O’Connor, BHP’s Group Exploration Officer, said: “Xplor has quickly become a recognised pathway for early-stage explorers who want to scale faster and think more boldly. The program provides not only capital, but access to the knowledge, networks, and technical depth that can fundamentally change the trajectory of a company. As the world’s demand for critical minerals intensifies, building strong partnerships between majors and juniors will be essential. Xplor is about more than accelerating exploration projects, it’s about shaping a new way of working together to unlock the resources needed for the future.”

    Additionally, the 2026 cohort will join BHP Xplor’s growing alumni network, now spanning 21 companies, to continue sharing insights and learnings as they progress on their journey.

    Elena Clarici, CEO of Electrum Discovery and current BHP Xplor participant, said: “Being part of BHP Xplor has been invaluable. The program has given us access to expertise and resources that have helped sharpen our strategy and move our projects forward more quickly. It has also opened doors to networks and opportunities that would have been much harder to access on our own. Xplor is already making a real difference in how we grow as a company.”

    For BHP, Xplor provides an opportunity to engage with a diverse pipeline of exploration projects across new geographies and geological concepts, supporting the company’s long-term growth ambitions.

    Applications for the BHP Xplor 2026 cohort are open from 8 September to 15 October 2025.

    For more information: https://www.bhp.com/xplor

    Georgina Gabelich: Media.relations@bhp.com

    Toronto, Ontario–(Newsfile Corp. – September 8, 2025) – Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") reports that a forest fire occurred last week in the vicinity of the Company's Nechalacho property, located at Thor Lake in the Northwest Territories, Canada. Avalon is working closely with local partners to monitor conditions and investigate the situation. The Company is coordinating with Vital Metals on situational updates. The Company will provide a market update if there is any material impact to timelines or costs once a full risk assessment has been conducted.

    "The safety of our people and communities is our first priority," said Scott Monteith, President and CEO. "We will provide further updates as our assessment advances and material information becomes available."

    About Avalon Advanced Materials Inc.

    Avalon Advanced Materials Inc. is a Canadian critical minerals company advancing the supply of materials essential for Canada's future. The Company is focused on developing strategic assets that support secure, domestic supply chains and long-term economic growth. Avalon is focused on vertically integrating the Ontario lithium supply chain through the development of Lake Superior Lithium Inc., Ontario's first midstream lithium hydroxide processing facility, located in Thunder Bay. This facility will serve as a vital link between northern Ontario's lithium resources and the growing EV battery manufacturing base in southern Ontario and North America. Through a joint venture with SCR-Sibelco NV, Avalon is advancing the Separation Rapids Lithium Project near Kenora, Ontario, as well as continuing exploration at its Snowbank lithium and Lilypad lithium-cesium deposits. The Company is also advancing the Nechalacho Rare Earths and Zirconium Project in the Northwest Territories. This deposit contains all light and heavy rare earth elements, as well as yttrium, zirconium, tantalum, and niobium-critical minerals used in advanced technologies across the communications, defense, clean tech, and energy sectors.

    For further information regarding Avalon Advanced Materials Inc., please visit www.avalonadvancedmaterials.com, email ir@avalonam.com, or call 416-364-4938.

    Cautionary Statement Regarding Forward-Looking Information

    This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "add" or "additional", "advancing", "anticipates" or "does not anticipate", "appears", "believes", "can be", "conceptual", "confidence", "continue", "convert" or "conversion", "deliver", "demonstrating", "estimates", "encouraging", "expand" or "expanding" or "expansion", "expect" or "expectations", "forecasts", "forward", "goal", "improves", "increase", "intends", "justification", "plans", "potential" or "potentially", "promise", "prospective", "prioritize", "reflects", "robust", "scheduled", "suggesting", "support", "top-tier", "updating", "upside", "will be" or "will consider", "work towards", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", or "will be taken", "occur", or "be achieved".

    Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the 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 risks associated with mineral exploration and development operations such as: environmental hazards and economic factors as they affect the cost and success of the Company's capital expenditures, the ability of the Company to obtain required permits and approvals, the ability of the Company to obtain financing, uncertainty in the estimation of mineral resources, uncertainty with respect to the ability to successfully construct and develop the Company's lithium processing facility, the price of lithium, no operating history, no operating revenue and negative cash flow, land title risk, the market price of the Company's securities, the economic feasibility of the Company's mineral resources and the Company's commercial viability, inflation and uncertain global economic conditions, uncertain geo-political shifts and risks, successful collaboration with indigenous communities, changes in technology and advancements in innovation may impact the development of the Company's technology innovation centre and its lithium hydroxide processing facility, future pandemics and other health crises, dependence on management and other highly skilled personnel, title to the Company's mineral properties, the ongoing war in Ukraine and Israel, extensive government and environmental regulation, reliance on artificial intelligence technology to influence mining operations, volatility in the financial markets, uninsured risks, climate change, threat of legal proceedings, as well as those risk factors discussed or referred to in the annual information form of the Company dated November 28, 2024 (the "AIF") under the heading "Description of the Business – Risk Factors". Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Although the Company believes that the assumptions and expectations reflected in such forward-looking information are reasonable, undue reliance should not be placed on forward-looking information because the Company can give no assurance that such expectations will prove to be correct. In addition to other factors and assumptions identified in the AIF, assumptions have been made regarding, among other things: management of certain of the Company's assets by other companies or joint venture partners, the Company's ability to carry on its exploration and development activities without undue delays or unbudgeted costs, the ability of the Company to obtain sufficient qualified personnel, equipment and services in a timely and cost effective manner, the ability of the Company to operate in a safe, efficient and effective manner, the ability of the Company to obtain all necessary financing on acceptable terms and when needed, the accuracy of the Company's resource estimates and geological, operational and price assumptions on which these are based and the continuance of the regulatory framework regarding environmental manners. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions that may have been used. 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 such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265472

    DENVER, CO / ACCESS Newswire / September 4, 2025 / Solitario Resources Corp. ("Solitario") (NYSE American:XPL)(TSX:SLR) is pleased to report CEO Chris Herald will provide a live presentation at the 27th Annual Global HC Wainwright conference on Tuesday, September 9, 2025, at 2:00 pm Eastern Time. In addition to a strategic overview of Solitario, Mr. Herald plans to give a more detailed overview of the company's drilling program at its Golden Crest gold project in South Dakota. Mr. Herald will be available for one-on-one investor meetings at the conference.

    For more information on the conference, please click HC Wainwright.

    About Solitario

    Solitario is a natural resource exploration company focused on high-quality Tier-1 gold and zinc projects. Solitario's 100%-owned Golden Crest properties in South Dakota constitute strategic land holdings along the western and southwestern extensions of the Homestake-Wharf mining district that has produced approximately 52 million ounces of gold. The project area is located in a safe jurisdiction with highly developed infrastructure, an unbroken 150-year record of continuous gold mining, a skilled mining workforce, and a history of high-grade, underground mineable gold deposits.

    The Company is traded on the NYSE American ("XPL") and on the Toronto Stock Exchange ("SLR"). In addition to its South Dakota property holdings, Solitario holds a 50% joint venture interest (Teck Resources 50%) in the high-grade Lik zinc deposit in Alaska and a 39% joint venture interest (Nexa Resources holds the remaining 61% interest) on the high-grade Florida Canyon zinc project in Peru. Solitario is carried to production through its joint venture arrangement with Nexa. Solitario's Management and Directors hold approximately 8.4% (excluding options) and Newmont Corporation owns 9.4% of the Company's 90.3 million shares outstanding. Solitario's cash balance and marketable securities stand at approximately US$8.0 million. Additional information about Solitario is available online at www.solitarioresources.com.

    For More Information Please Contact:

    Chris Herald, President & CEO: 303-534-1030; ext. 1

    SOURCE: Solitario Resources Corp.

    View the original press release on ACCESS Newswire

    The Australian market has shown resilience, with the index climbing back over 8,800 points amid positive sentiment from tech investors and robust consumer spending data. While financials and IT sectors lead the charge, energy lags behind; this dynamic environment presents an opportunity to explore promising small-cap stocks that may thrive under these conditions. Identifying a good stock often involves looking for companies with strong growth potential or unique advantages in their sector, especially as market sentiment shifts and economic indicators fluctuate.

    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%

    ★★★★★★

    Joyce

    NA

    9.93%

    17.54%

    ★★★★★★

    Spheria Emerging Companies

    NA

    -1.31%

    0.28%

    ★★★★★★

    Hearts and Minds Investments

    NA

    56.27%

    59.19%

    ★★★★★★

    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 54 stocks from our ASX Undiscovered Gems With Strong Fundamentals screener.

    Let’s uncover some gems from our specialized screener.

    Australian Ethical Investment

    Simply Wall St Value Rating: ★★★★★★

    Overview: Australian Ethical Investment Ltd is a publicly owned investment manager with a market cap of A$807.55 million, focusing on ethical and sustainable investment strategies.

    Operations: Australian Ethical Investment generates revenue primarily through its funds management segment, reporting A$119.38 million in revenue.

    Australian Ethical Investment, a notable player in the ethical investment space, has demonstrated impressive growth. Over the past year, earnings soared by 75%, significantly outpacing the Capital Markets industry average of 5.8%. The company reported net income of A$20.2 million for the fiscal year ending June 2025, up from A$11.53 million previously. With no debt on its books and positive free cash flow standing at A$24 million as of September 2024, it appears well-positioned financially. Despite a recent dividend increase to A$0.09 per share, potential risks include integration challenges and increased operating expenses impacting future margins.

    ASX:AEF Debt to Equity as at Sep 2025Helia Group

    Simply Wall St Value Rating: ★★★★★☆

    Overview: Helia Group Limited operates in the loan mortgage insurance industry primarily in Australia and has a market cap of A$1.56 billion.

    Operations: Helia Group Limited generates revenue of A$559.63 million from its loan mortgage insurance business in Australia.

    Helia Group, a notable player in the Australian financial landscape, faces headwinds with significant client losses and policy shifts. The exit of major clients like Commonwealth Bank signals potential revenue volatility, while the government’s Home Guarantee Scheme could limit premium growth. Despite these challenges, Helia’s earnings grew 19% last year, outpacing the industry’s -3%. However, its debt to equity ratio rose from 14% to 19% over five years. Recent executive changes include CFO Michael Cant stepping in as interim CEO. With a share price at A$5.93 against a target of A$3.87, market sentiment remains cautious amid forecasted revenue declines.

    ASX:HLI Debt to Equity as at Sep 2025Ricegrowers

    Simply Wall St Value Rating: ★★★★★☆

    Overview: Ricegrowers Limited is a rice food company with operations spanning Australia, New Zealand, the Pacific Islands, Europe, the Middle East, Africa, Asia, and North America; it has a market capitalization of approximately A$1.01 billion.

    Operations: Ricegrowers Limited generates revenue primarily from its International Rice segment, contributing A$860.96 million, and the Rice Pool segment with A$481.87 million. The Cop Rice and Riviana segments add A$250.64 million and A$231.14 million, respectively, while the Rice Food segment brings in A$132.53 million.

    Ricegrowers, a dynamic player in the food industry, is leveraging its position through strategic international expansions and product diversification. With earnings growing at 23% annually over five years and trading 47% below estimated fair value, the company seems undervalued. Its net debt to equity ratio of 31% is satisfactory, ensuring financial stability while covering interest payments effectively with a 6.8x EBIT coverage. Despite facing competition and operational hurdles like yield fluctuations and cost inflation, Ricegrowers’ focus on agritech investments aims to boost efficiency and quality. The stock’s current trading price of A$14.16 aligns closely with analysts’ target of A$14.00.

    ASX:SGLLV Earnings and Revenue Growth as at Sep 2025Where To Now?

    Contemplating Other Strategies?

    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:AEF ASX:HLI and ASX:SGLLV.

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

    Following the solid earnings report from Impala Platinum Holdings Limited (JSE:IMP), the market responded by bidding up the stock price. While the profit numbers were good, our analysis has found some concerning factors that shareholders should be aware of.

    Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.

    JSE:IMP Earnings and Revenue History September 4th 2025The Impact Of Unusual Items On Profit

    To properly understand Impala Platinum Holdings' profit results, we need to consider the R219m gain attributed to unusual items. While we like to see profit increases, we tend to be a little more cautious when unusual items have made a big contribution. We ran the numbers on most publicly listed companies worldwide, and it's very common for unusual items to be once-off in nature. And, after all, that's exactly what the accounting terminology implies. Assuming those unusual items don't show up again in the current year, we'd thus expect profit to be weaker next year (in the absence of business growth, that is).

    That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates.

    Our Take On Impala Platinum Holdings' Profit Performance

    We'd posit that Impala Platinum Holdings' statutory earnings aren't a clean read on ongoing productivity, due to the large unusual item. Therefore, it seems possible to us that Impala Platinum Holdings' true underlying earnings power is actually less than its statutory profit. The good news is that it earned a profit in the last twelve months, despite its previous loss. Of course, we've only just scratched the surface when it comes to analysing its earnings; one could also consider margins, forecast growth, and return on investment, among other factors. So while earnings quality is important, it's equally important to consider the risks facing Impala Platinum Holdings at this point in time. For example – Impala Platinum Holdings has 1 warning sign we think you should be aware of.

    Today we've zoomed in on a single data point to better understand the nature of Impala Platinum Holdings' profit. But there are plenty of other ways to inform your opinion of a company. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership.

    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.

    As the Canadian economy navigates a period of contraction, with GDP shrinking by 1.6% in the second quarter, market participants are closely watching for potential easing from the Bank of Canada. In this context, penny stocks—though often seen as relics from past market eras—remain relevant due to their affordability and growth potential, especially when backed by strong financials. For investors seeking opportunities in smaller or newer companies, these stocks can offer a unique combination of value and growth that larger firms may not always provide.

    Top 10 Penny Stocks In Canada

    Name

    Share Price

    Market Cap

    Financial Health Rating

    Westbridge Renewable Energy (TSXV:WEB)

    CA$2.20

    CA$55.63M

    ★★★★★★

    Canso Select Opportunities (TSXV:CSOC.A)

    CA$4.80

    CA$22.05M

    ★★★★★★

    Montero Mining and Exploration (TSXV:MON)

    CA$0.29

    CA$2.34M

    ★★★★★★

    CEMATRIX (TSX:CEMX)

    CA$0.295

    CA$45.81M

    ★★★★★★

    Thor Explorations (TSXV:THX)

    CA$1.20

    CA$765.09M

    ★★★★★★

    Automotive Finco (TSXV:AFCC.H)

    CA$1.01

    CA$20.02M

    ★★★★★★

    Amerigo Resources (TSX:ARG)

    CA$2.26

    CA$361.74M

    ★★★★★☆

    Pulse Seismic (TSX:PSD)

    CA$4.05

    CA$207.08M

    ★★★★★★

    Hemisphere Energy (TSXV:HME)

    CA$1.95

    CA$187.48M

    ★★★★★★

    Matachewan Consolidated Mines (TSXV:MCM.A)

    CA$0.455

    CA$5.35M

    ★★★★★★

    Click here to see the full list of 408 stocks from our TSX Penny Stocks screener.

    Below we spotlight a couple of our favorites from our exclusive screener.

    Pulse Seismic

    Simply Wall St Financial Health Rating: ★★★★★★

    Overview: Pulse Seismic Inc. acquires, markets, and licenses 2D and 3D seismic data for the energy sector in Canada, with a market cap of CA$207.08 million.

    Operations: The company generates revenue from its Oil Well Equipment & Services segment, amounting to CA$49.38 million.

    Market Cap: CA$207.08M

    Pulse Seismic Inc. has demonstrated significant financial growth, with earnings increasing by 75.4% over the past year, surpassing its five-year average of 33.3%. The company is debt-free and boasts a strong return on equity at 76.5%, highlighting operational efficiency. Its net profit margins have improved to 45.2%, reflecting high-quality earnings. Despite an unstable dividend history, recent announcements include a regular quarterly and special dividend totaling CA$11 million, signaling shareholder returns focus. Furthermore, Pulse’s management and board are experienced, contributing to its strategic stability in the volatile energy sector market landscape.

    TSX:PSD Financial Position Analysis as at Sep 2025Commerce Resources

    Simply Wall St Financial Health Rating: ★★★★★☆

    Overview: Commerce Resources Corp. focuses on acquiring, exploring, developing, and evaluating mineral resource properties in Canada with a market cap of CA$20.14 million.

    Operations: Commerce Resources Corp. does not report any specific revenue segments.

    Market Cap: CA$20.14M

    Commerce Resources Corp. is a pre-revenue company with a market cap of CA$20.14 million, focusing on mineral resource properties in Canada. The company has experienced leadership changes, appointing Nicholas Holthouse as CEO and Joel Ives as CFO to strengthen its strategic direction amidst ongoing losses, which increased to CA$1.17 million for the recent quarter compared to the previous year. Despite having no debt and relocating its head office to Montreal for better project development, Commerce faces challenges with short-term liabilities exceeding assets and limited cash runway, though it recently raised additional capital for operational needs.

    TSXV:CCE Financial Position Analysis as at Sep 2025Pivotree

    Simply Wall St Financial Health Rating: ★★★★★★

    Overview: Pivotree Inc. designs, integrates, deploys, and manages digital platforms in commerce, data management, and supply chain for retail and branded manufacturers worldwide, with a market cap of CA$47.53 million.

    Operations: Pivotree’s revenue is primarily derived from Professional Services, which account for CA$42.16 million, and Managed & IP Solutions (MIPS) & Legacy Managed Services (LMS), contributing CA$31.33 million.

    Market Cap: CA$47.53M

    Pivotree Inc., with a market cap of CA$47.53 million, showcases a mixed financial picture typical of many penny stocks. Despite being unprofitable, it maintains a strong cash runway exceeding three years and is debt-free, which provides some stability. The company’s revenue streams from Professional Services (CA$42.16 million) and Managed & IP Solutions (CA$31.33 million) are noteworthy, though recent earnings reports indicate declining sales but improved net income compared to the previous year. Additionally, Pivotree has initiated a share buyback program funded by its working capital to potentially enhance shareholder value amidst volatile market conditions.

    TSXV:PVT Revenue & Expenses Breakdown as at Sep 2025Make It Happen

    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 TSX:PSD TSXV:CCE and TSXV:PVT.

    This article was originally published by Simply Wall St.

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

    As the Australian market takes a breather following a year of record highs, investors are navigating a landscape marked by mixed sector performances and cautious sentiment. In this environment, identifying stocks with strong potential often involves looking beyond immediate market trends to find companies that demonstrate resilience and innovation, such as Carlton Investments and two other promising small-cap contenders.

    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%

    ★★★★★★

    Joyce

    NA

    9.93%

    17.54%

    ★★★★★★

    Spheria Emerging Companies

    NA

    -1.31%

    0.28%

    ★★★★★★

    Hearts and Minds Investments

    NA

    56.27%

    59.19%

    ★★★★★★

    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 53 stocks from our ASX Undiscovered Gems With Strong Fundamentals screener.

    Here we highlight a subset of our preferred stocks from the screener.

    Carlton Investments

    Simply Wall St Value Rating: ★★★★★☆

    Overview: Carlton Investments Limited is a publicly owned asset management holding company with a market capitalization of A$947.27 million.

    Operations: Carlton Investments generates revenue primarily from the acquisition and long-term holding of shares and units, amounting to A$41.60 million. The company’s net profit margin is a key financial metric to consider in evaluating its profitability.

    Carlton Investments, a smaller player in the Australian market, showcases a solid financial standing with earnings growing at 8.7% annually over the past five years. The company boasts high-quality earnings and minimal debt concerns, as its debt-to-equity ratio has improved from 0.03% to 0.02%. Recent announcements reveal steady revenue of A$41.6 million and net income of A$38.81 million for the year ending June 2025, with basic EPS slightly up at A$1.468 from last year’s A$1.465. Additionally, Carlton’s interest payments are well-covered by EBIT at an impressive coverage ratio of 3390x.

    ASX:CIN Debt to Equity as at Sep 2025GenusPlus Group

    Simply Wall St Value Rating: ★★★★★★

    Overview: GenusPlus Group Ltd specializes in the installation, construction, and maintenance of power and communication systems in Australia with a market capitalization of A$918.05 million.

    Operations: GenusPlus Group Ltd generates revenue through three primary segments: Services (A$122.11 million), Infrastructure (A$405.10 million), and Energy & Engineering (A$224.06 million). The Infrastructure segment contributes the largest portion to the company’s revenue stream.

    GenusPlus Group, a dynamic player in Australia’s power and communication systems sector, showcases promising growth potential through strategic acquisitions like CommTel. Recent financials reveal sales of A$751.27 million for the year ending June 2025, up from A$551.19 million previously, with net income climbing to A$35.37 million from A$19.26 million last year. Earnings per share improved to A$0.1975 from A$0.1084, indicating robust performance amidst expansion efforts and a focus on high-margin services integration. While challenges such as resource management and acquisition costs loom, analysts forecast continued revenue growth at 20% annually over the next few years.

    ASX:GNP Debt to Equity as at Sep 2025United Overseas Australia

    Simply Wall St Value Rating: ★★★★★☆

    Overview: United Overseas Australia Ltd, along with its subsidiaries, focuses on the development and resale of land and buildings across Malaysia, Singapore, Vietnam, and Australia with a market capitalization of A$1.07 billion.

    Operations: United Overseas Australia’s primary revenue stream is derived from land development and resale, generating A$438.18 million, while its investment segment contributes A$257.51 million.

    United Overseas Australia, a notable player in the real estate sector, showcases a P/E ratio of 10.5x, which is favorable compared to the broader Australian market’s 20x. The company has reported net income of A$44.61 million for the half-year ending June 2025, up from A$33.92 million previously, reflecting solid earnings growth of 1.7% annually over five years. Despite a debt-to-equity increase from 5.5% to 8.8%, UOS maintains more cash than its total debt and continues to generate positive free cash flow at A$99.63 million as of June 2025, indicating robust financial health and potential for future stability amidst industry challenges.

    ASX:UOS Earnings and Revenue Growth as at Sep 2025Seize The Opportunity

    Looking For Alternative Opportunities?

    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:CIN ASX:GNP and ASX:UOS.

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

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