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Apollo Silver Announces Upsize of Private Placement Offering

Apollo Silver Corp. (‘ Apollo Silver ‘ or the ‘ Company ‘) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce that due to strong investor demand from current shareholders, the Company has elected to increase the size of its previously announced non-brokered private placement offering and will now offer up to 7,437,680 (the ‘ Units ‘) of the Company at a price of $3.60 per Unit, for aggregate gross proceeds of up to $26,775,648 (the ‘ Upsized Offering ‘).

Each Unit issued pursuant to the Upsized Offering will consist of one common share (a ‘ Share ‘) in the capital of the Company and one common Share purchase warrant (a ‘ Warrant ‘). Each Warrant entitles the holder thereof to purchase one Share at an exercise price of $5.50 for 24 months from the closing date of the Offering. The Warrants will be subject to an acceleration provision, such that if at any time after the date that is four months and one day after the closing, the Company’s Shares trade on the TSX Venture Exchange (the ‘ TSXV ‘) at a closing price of $7.50 or greater per Share for a period of ten (10) consecutive trading days, the Company may accelerate the expiry of the Warrants by giving notice to the holders thereof and, in such case, the Warrant will expire on the thirtieth (30th) day after the date of such notice (the ‘ Acceleration Provision ‘)

All securities issued in connection with the Upsized Offering will be subject to a four-month hold period from the date of closing. Finder’s fees may be payable on some or all of the funds raised, in accordance with the policies of the TSXV. The Company intends on using the net proceeds from the Upsized Offering to continue advancing the Calico Silver Project in San Bernardino, California; to support community relations initiatives at Cinco de Mayo Silver Project in Chihuahua, Mexico; to cover ongoing property maintenance costs at both projects; and for general corporate purposes.

Closing of the Upsized Offering is subject to final regulatory approval including that of the TSXV.

Insider Participation

The Upsized Offering will include participation by certain insiders of the Company, which constitutes a ‘related party transaction’ under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101’). The issuance of securities to insiders will be exempt from the formal valuation requirement pursuant to section 5.5(b) of MI 61-101, as the Company’s shares are not listed on a specified market, and from the minority shareholder approval requirement pursuant to section 5.7(a) of MI 61-101, as the fair market value of the securities issued to related parties does not exceed 25% of the Company’s market capitalization.

The Shares 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 without registration under the U.S. Securities Act and all applicable state securities laws or compliance with the requirements of an applicable exemption therefrom. 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 Apollo Silver Corp.

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

Please visit www.apollosilver.com for further information.

ON BEHALF OF THE BOARD OF DIRECTORS

Ross McElroy
President and CEO

For further information, please contact:

Email: info@apollosilver.com

Telephone: +1 (604) 428-6128

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

Cautionary Statement Regarding ‘Forward-Looking’ Information

This news release includes ‘forward-looking statements’ and ‘forward-looking information’ within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, statements with respect to the expected timing for completion of the Upsized Offering; and the intended use of proceeds from the Offering. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’, ‘potential’, ‘target’, ‘budget’ and ‘intend’ and statements that an event or result ‘may’, ‘will’, ‘should’, ‘could’ or ‘might’ occur or be achieved and other similar expressions and includes the negatives thereof.

Forward-looking statements are based on the reasonable assumptions, estimates, analysis, and opinions of the management of the Company made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management of the Company believes to be relevant and reasonable in the circumstances at the date that such statements are made. Forward-looking information is based on reasonable assumptions that have been made by the Company as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may have caused actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: risks associated with mineral exploration and development; metal and mineral prices; availability of capital; accuracy of the Company’s projections and estimates; realization of mineral resource estimates, interest and exchange rates; competition; stock price fluctuations; availability of drilling equipment and access; actual results of current exploration activities; government regulation; political or economic developments; environmental risks; insurance risks; capital expenditures; operating or technical difficulties in connection with development activities; personnel relations; and changes in Project parameters as plans continue to be refined. Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the price of silver, gold and barite; the demand for silver, gold and barite; the ability to carry on exploration and development activities; the timely receipt of any required approvals; the ability to obtain qualified personnel, equipment and services in a timely and cost-efficient manner; the ability to operate in a safe, efficient and effective matter; and the regulatory framework regarding environmental matters, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information contained herein, except in accordance with applicable securities laws. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding the Company’s expected financial and operational performance and the Company’s plans and objectives and may not be appropriate for other purposes. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws .

News Provided by GlobeNewswire via QuoteMedia

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Editor’s Picks: Gold Price Sets Sights on US$3,900, Silver Breaks US$48

The gold price continued to move this week, approaching the US$3,900 per ounce level and setting a fresh all-time high on the back of a US government shutdown.

The closure came after Congress failed to reach an agreement on a spending bill ahead of the new American fiscal year, which began on Wednesday (October 1).

Democrats and Republicans are at odds as Democrats push for changes to the bill, including an extension to billions of dollars in Obamacare subsidies; meanwhile, President Donald Trump has threatened thousands of permanent layoffs, not just temporary furloughs.

This shutdown is the 15th since 1981, and according to Senate Majority Leader John Thune, it could continue on until next week as the two sides negotiate. The longest government shutdown happened between 2018 and 2019, during Trump’s first presidency, and lasted for 35 days.

Part of the reason market watchers see this shutdown as significant is that it will delay the release of the latest nonfarm payrolls report, which was set to come out on Friday (October 3).

Depending on how long the shutdown lasts, September consumer price index data, which is scheduled for publication on October 15, may also not be on time.

The US Federal Reserve is due to meet later this month, from October 28 to 29, and normally would use this and other data to help make its decision on interest rates. The central bank cut rates by 25 basis points at its September meeting, and CME Group’s (NASDAQ:CME) FedWatch tool currently shows strong expectations for another 25 basis point reduction at the next gathering.

Although gold took a breather after nearing US$3,900, it remains historically high, with many market watchers suggesting US$4,000 is in the cards in the near term.

In the longer term, some experts have even loftier expectations — for example, Adam Rozencwajg of Goehring & Rozenwajg sees a path to a five-figure gold price.

‘It’s not going to happen under normal circumstances — it’s not going to happen when everything’s going great. But by the end of this cycle, will we get there? I think we probably will,’ he said.

It’s also worth touching on silver, which pushed past the US$48 per ounce mark this week. Unlike gold, silver has not yet broken its all-time high during this bull run — it’s pushing up against uncharted territory, raising questions about how high it can go this time.

On that note, David Morgan of the Morgan Report shared several factors that would tell him the market is reaching a top. Here’s what he said:

‘You want to look at exchange-traded fund flows like the GDX, GDXJ, SIL and SILJ. At the same time, more important than almost anything is trading volume at the stock level. When mid-tier and smaller producers suddenly trade three, four or five times their normal daily volume, and prices are rising, that isn’t random. That’s retail money coming back into the market, and fund buying and probably institutions.

‘One more layer of confirmation is relative to performance. When the mining sector starts to outperform the S&P 500 (INDEXSP:.INX), which it has, and the Nasdaq (INDEXNASDAQ:.IXIC), which it has, it’s a telltale sign that the generalist money, not just the hard money crowd, is beginning to rotate in.’

Bullet briefing — CEO shakeup at Barrick, Newmont

Barrick Mining (TSX:ABX,NYSE:B) and Newmont (NYSE:NEM,ASX:NEM) both announced major executive changes this week, with the CEOs of both companies departing.

Barrick’s Mark Bristow unexpectedly stepped down from his position on Monday (September 29) after nearly seven years at the helm of the firn. His exit, which was effective immediately, comes after big changes at the firm, including a shift toward copper and an asset divestment program designed to hone the company’s focus on tier-one assets.

It also follows persistent issues in Mali, where Barrick lost control of its gold-mining complex and had 3 metric tons of the yellow metal seized by the government.

According to Reuters, Bristow’s handling of that ongoing situation was the final straw that prompted the company’s board to push for a change in leadership.

Newmont announced the retirement of Tom Palmer the same day. He had held the position since 2019, and will be succeeded by the company’s president and COO. Analysts note that Newmont had been signaling that a succession plan was in the works.

Similar to Barrick, the company has been in the midst of an extensive program geared at streamlining its portfolio. Newmont acquired Newcrest Mining in 2023, and in February 2024 announced a program to sell non-core assets. It completed the program in April of this year, but has continued to make portfolio adjustments, and to pursue other cost-saving measures.

Market watchers note that despite efforts to boost efficiency, Barrick and Newmont have both failed to match the performance of their peers during today’s bull market.

Year-on-year share price performance of major gold miners.

Chart via Google Finance.

With gold-mining companies conscious of not repeating missteps made during the precious metal’s last runup, investors will no doubt be keen to see how they perform under new management.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

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Top 5 Canadian Mining Stocks This Week: Prospector Metals Gains 356 Percent

The big news impacting markets this week is the shutdown of the US government.

While lawmakers were trying to find a funding solution, Democratic and Republican lawmakers were at loggerheads over maintaining funding for Medicaid programs. It marks the first time in seven years that the government has been shut down — the last time came during negotiations over the disputed US-Mexico border wall in December 2018.

President Donald Trump has resolved to use the closure to push through the firing of thousands of federal government employees and cut funding to projects promised by Democrats.

Additionally, the jobs report, scheduled for release on Friday (October 3), was delayed, causing greater uncertainty for analysts and investors who were trying to gauge the strength of the economy in September.

Despite the lack of official government data, payroll processor ADP reported a loss of 32,000 jobs in September. The decline represents a significant difference from the 45,000 jobs analysts had expected to be added.

Lawmakers aren’t scheduled to return to the negotiating tables until early next week.

For more on what’s moving markets this week, check out our top market news round-up.

Markets and commodities react

Canadian equity markets were in positive territory this week by the end of trading Friday.

The S&P/TSX Composite Index (INDEXTSI:OSPTX) continued its record breaking performance this week, gaining 2.33 percent on the week to close Friday at 30,471.68.

The S&P/TSX Venture Composite Index (INDEXTSI:JX) performed even better, ending the week up 4.38 percent to 964.04. The CSE Composite Index (CSE:CSECOMP) was up 3.3 percent on to close out the week at 180.03.

The gold price continued to climb this week, setting another new record, as it achieved an intraday high of US$3,893.82 per ounce on Thursday (October 2). It was still up 3.63 percent on the week at US$3,884.19 by Friday’s close.

The silver price saw more significant gains, rising 6.31 percent to set a year-to-date high of US$48.30 per ounce during trading on Friday before settling at US$47.95 per ounce by 4:00 p.m. EDT.

The silver price is trading at 14 year highs and has been closing in on records set in April of that year.

Copper had sizable gains this week as the fallout from the closure of Freeport’s Grasberg mine continued to ripple through the market. The copper price was up 7.13 percent this week to US$5.11 per pound.

The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) fell 2.12 percent to end Friday at 546.27.

Top Canadian mining stocks this week

How did mining stocks perform against this backdrop?

Take a look at this week’s five best-performing Canadian mining stocks below.

Stocks data for this article was retrieved at 4:00 p.m. EDT on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market caps greater than C$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered.

1. Prospector Metals (TSXV:PPP)

Weekly gain: 355.56 percent
Market cap: C$128.18 million
Share price: C$1.23

Prospector Metals is a gold explorer working to advance its flagship ML project in the Yukon, Canada.

The 10,869 hectare property, situated near Dawson City, is located within the Tintina Gold Belt, which is home to significant historic mining operations and current exploration and development projects.

Exploration at the site has led to the discovery of more than two dozen high-grade gold surface occurrences, including the Bueno target, which has delivered samples with grades of up to 156 grams per metric ton (g/t).

Shares of Prospector surged following the release of assay results on Wednesday (October 1). In its announcement, the company reported significant near-surface, high-grade assays, with one highlighted sample returning grades of 13.79 g/t gold over 44 meters, and another showing 21.93 g/t gold over 24.65 meters, including 288 g/t gold over 1 meter.

2. Sokoman Minerals (TSXV:SIC)

Weekly gain: 200 percent
Market cap: C$45.92 million
Share price: C$0.165

Sokoman Minerals bills itself as a discovery-oriented company with a portfolio of gold projects and one of the largest land positions in Newfoundland and Labrador, Canada. It also owns a 40 percent stake in the Killick lithium project, a 40/40/20 joint venture with Benton Resources (TSXV:BEX) and Piedmont Lithium (ASX:PLL).

Its primary focus is its flagship Moosehead gold project, located in Central Newfoundland. The project consists of 98 claims covering 2,450 hectares and hosts an orogenic Fosterville-style gold system, according to Sokoman. The company has defined seven zones with high-grade mineralization through over 130,000 meters of drilling.

Sokomon reported on September 12 that it planned to start diamond drilling at the site with a focus on testing the Eastern and Western Trend zones for depth extensions, as well as undiscovered parallel zones. Additionally, the company said on September 2 that it had expanded its land position at the Crippleback Lake gold-copper property to 13,000 hectares and planned to mobilize for induced-polarization surveys, sampling and mapping of the site.

The most recent news from the company came on Monday (September 29), when it announced that Denis Laviolette was appointed to the roles of director, executive chair and CEO. Laviolette joins the company with over two decades of experience in the mining industry, including roles in geology and production, and as an industry analyst.

The company also announced that Timothy Froude will be transitioning to the role of company president, having previously held both the president and CEO roles. Additionally, Gary Nassif, former senior vice president of Lode Gold Resources (TSXV:LOD,OTCQB:LODFF), was appointed as a director, and Greg Matheson, former COO of New Found Gold (TSXV:NFG,NYSEAMERICAN:NFGC), was named vice president of exploration.

3. Kesselrun Resources (TSXV:KES)

Weekly gain: 118.18 percent
Market cap: C$10.82 million
Share price: C$0.12

Kesselrun Resources is an explorer working to advance the Huronian gold project in Ontario, Canada.

The project is located in a region with significant exploration and mining assets, including Agnico Eagle Mines’ (TSX:AEM,NYSE:AEM) Hammond Reef project and New Gold’s (NYSE:NGD,TSX:NGD) Rainy River mine. Historic indicated resources at Huronian are 45,000 ounces of gold, with inferred quantities of 501,000 ounces or gold.

Shares of Kesselrun surged this week after Gold X2 Mining (TSXV:AUXX,OTCQB:GSHRF) announced on Wednesday that it had signed a definitive agreement to acquire Kesselrun. Gold X2 said the transaction will give it a 100 percent interest in the Huronian project, which is located adjacent to its own Moss gold project.

4. Royal Road Minerals (TSXV:RYR)

Weekly gain: 104.35 percent
Market cap: C$55.80 million
Share price: C$0.235

Royal Road is an exploration company working to advance its Güintar and Margaritas projects and the El Aleman mining concession in Colombia. The company acquired the adjacent Güintar and Margaritas properties, located near Medellin, from major miner AngloGold Ashanti (NYSE:AU,JSE:ANG) in 2019. Since that time, Royal Road has drilled a total of 13,700 meters across 45 drill holes at Güintar, while Margaritas remains untested.

Assays have produced a highlighted intersection of 1 g/t gold equivalent over 303.7 meters, which includes 2.1 g/t gold, 12.4 parts per million silver and 0.6 percent copper over 62 meters.

Shares of Royal Road gained this week alongside a pair of news releases. On Monday, the company announced that Rio2 (TSXV:RIO,OTCQX:RIOFF) has acquired approximately 15 percent of Royal Road’s issued and outstanding shares as part of a block trade; they were previously held by a single investor.

The other release came on Tuesday (September 30), when Royal Road reported that it has engaged with state and local authorities, as well as the local community, to restart work at Güintar and Margaritas.

5. StrikePoint Gold (TSXV:SKP)

Weekly gain: 103.85 percent
Market cap: C$12.06 million
Share price: C$0.265

StrikePoint Gold is an explorer with a focus on its Hercules gold project in Nevada, US.

The 100 square kilometer site, located within the Walker Lane Trend, hosts five drill-tested targets, with over 300 holes. The company acquired the property in August 2024 from Elevation Gold Mining for a total consideration of C$250,000, along with a 3 percent royalty on certain claims. On April 28, the company released results from its spring drilling program, with one highlighted assay returning values of 0.54 g/t gold and 4.62 g/t silver from 32.04 meters below surface; that includes an interval of 1.14 g/t gold and 10.53 g/t silver over 4.57 meters.

The most recent news from the project was announced on September 23, when StrikePoint said it had received drill permits for the Pony Meadows target. The company noted that it is permitted to mobilize up to three rigs, and will focus on a 2.6 kilometer structure that was revealed during surface exploration.

StrikePoint said it has two additional permits for the Sirens and Como Comet targets.

FAQs for Canadian mining stocks

What is the difference between the TSX and TSXV?

The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.

How many mining companies are listed on the TSX and TSXV?

As of May 2025, there were 1,565 companies listed on the TSXV, 910 of which were mining companies. Comparatively, the TSX was home to 1,899 companies, with 181 of those being mining companies.

Together, the TSX and TSXV host around 40 percent of the world’s public mining companies.

How much does it cost to list on the TSXV?

There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

How do you trade on the TSXV?

Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.

Article by Dean Belder; FAQs by Lauren Kelly.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Lauren Kelly, hold no direct investment interest in any company mentioned in this article.

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Stellar AfricaGold Inc Intersects Multiple Wide High-Grade Gold Zones including 13 meters of 6.12 g/t Au in First Drill Hole at Tichka Est; Drill Program Continues.

(TheNewswire)

Vancouver, British Columbia TheNewswire – October 2, 2025 – Stellar AfricaGold Inc. (TSX-V: SPX) (‘Stellar’ or the ‘Company’) is pleased to report significant assay results from its first drill hole at the Tichka Est G old P roject, part of the ongoing 1,500-meters summer diamond drill program at the Zone B gold discovery, an area of approximately one square kilometer within Stellar’s 82km 2 permit area in Morocco.

Highlights

  • First Drill Hole TCK-001 intersected13 meters of 6.12 g/t Au including 2 meters of 22.28 g/t Au , and
    • 16 meters of 1.98 g/t Au including 1 meter of 11.55 g/t Au
    • Mineralisation is mainly hosted in sub-horizontal diorite sills , confirming continuity of favorable lithology.
  • A total of 492.8 meters of diamond core drilled to date across three holes in Zone B. One drill rig currently operating, with drilling progress averaging approximately 10.5 meters of diamond core per day.

(Composite interval s include 0.1g/t Au cut-off & maximum internal dilution of 3m.)

Figure 1. High grade (22.28 g/t Au) mineralized section of Diorite sill 2

Table 1: Assay Highlights

Hole ID

Length (m)

Azimuth (°)

Dip (°)

From (m)

To (m)

Interval Length (m)

Gold (g/t)

TCK-001

201.9

65

-45

83

93

99

94

16

including 1

1.98

11.55

125

125

138

127

13

including 2

6.12

22.28

(Note : The down hole intersections are not a true thickness. The true thickness is not known.)

Click Image To View Full Size

Figure 2. A cross section of TCK-001 highlighting the two zones of gold mineralization

hosted within sub-horizontal diorite sills .

Click Image To View Full Size

Figure 3. A plan section showing location of TCK-001 drill hole (top of image) relative to the surface mechanical trenches and the previous RC drill campaign (center and lower of image).

Detail of Results

Diamond drill hole TCK-001 was designed to test the interpreted mineralized sub-horizontal diorite sills, which act as both lithological and structural controls to gold mineralization.

Two well-defined mineralized zones were intersected:

  • Within Diorite 1 between 83–99 meters: 16 m of 1.98 g/t Au , including 1 m of 11.55 g/t Au
  • Within Diorite 2 between 125–138 meters: 13 m of 6.12 g/t Au , including 2 m of 22.28 g/t Au
  • Within Diorite 3 the mineralization encountered in previous surface trenching of the third diorite zone was not encountered in drill hole TCK-001 consistent with the absence of veining or fracturing in the core.

These intersections support the geological model developed for Tichka Est Zone B and provide strong encouragement for expansion of the drilling program.

Operations Update

Diamond d rilling has now totaled 492.8 meters across three holes , with core from holes TCK-002 and TCK-003 confirming the presence of the sulphide-bearing sub-horizontal diorite sills previously encountered in hole TCK-001.

Drilling is progressing at an average rate of approximately 10.5 meters per day. Recently progress was temporarily hampered by fractured zones down hole requiring cementing to reduce water loss, on site water supply logistics, and weather-related impacts requiring repairs to roads and drill platforms. Despite these operational challenges, drilling continues steadily, with excellent core recoveries achieved.

Next Steps

  • Continue drilling the planned 1500-meters diamond drill program to test lateral continuity and down-dip extensions of sulphide-bearing sub-horizontal diorite sills, and
  • Update geological, structural, and alteration models with new data.
  • Continue reconnaissance exploration throughout the Tichka Est Gold Project 82 km permits area.

Management Commentary

‘Drill hole TCK-001 at Tichka Est has confirmed the presence of a very promising gold system,’ said J. François Lalonde, President and CEO of Stellar AfricaGold. ‘With mineralization now confirmed at depth, we are becoming increasing confident in the potential of the Tichka Est Gold Project and are excited to expand both our current drilling program to test continuity of mineralization and additional new targets as we advance the Zone B gold discovery. Additionally, our surface reconnaissance exploration of the numerous other areas of interest within the 82km 2 permit area of Tichka Est will continue.’

‘Alongside these exciting results, Stellar wishes to announce the relaunch of our Company newsletter . The revamped newsletter aims to keep stakeholders and shareholders informed with transparent, timely updates. Subscribe here to be the first to receive corporate updates, press releases, and third-party media coverage as it breaks.’

About the Tichka Est Zone B Gold Discovery

The identified Zone B structures are within an approximately 1 km2 area of the 82 km2 total area of the Tichka Est Gold Project. To date, Stellar has built an 8.5-kilometer mountain access road and conducted extensive mapping, sampling and trenching focussing on the regions in and around Zone B. Thus far three significant zones of gold mineralization have been discovered with much of the overall Tichka Est project area still unexplored or only superficially examined.

At the Zone B several programs of mechanical and hand trenches delivered a series of impressive assay results including trenches MT1 3.5 g/t gold over 155.7 meters 1 , MT2 1.52 g/t gold over 39.7 meters and 1.58 g/t Au over 8.6 meters 4 , MT3 1.27 g/t gold over 80 meters 4 , T7B 3.4 g/t gold over 20 meters 3 , T6B 3.4 g/t gold over 17 meters 3 , and T2B 4.56 g/t gold over 15 meters 2 . Zone B is the primary exploration target for 2025 although Stellar will continue reconnaissance exploration throughout the Tichka Est Gold Project permits area.

1 News Release October 4, 2022

2 News Release April 19, 2021

3 News Release October 25, 2021

4 News Release January 25, 2022

Technical Disclosure

The drilling campaign at Tichka Est is being conducted by two geologists from the African Bureau of Mining Consultants, under the supervision of Mr. Yassine Belkabir.

Diamond drilling was conducted using HQ diameter core. Core runs were retrieved every 3.0 m or less, with recovery measured and recorded for each run. Average recovery in reported intervals exceeded 99%. Core was oriented with a Reflex ACT III tool, photographed (wet and dry), and logged for lithology, alteration, mineralization, and structure.

Sampling intervals for assay were typically one metre in length, defined by geological boundaries. Core was cut with a diamond saw, half-core archived, and half-core submitted for analysis.

Sample preparation and assaying were performed by Afrilab in Marrakech , an ISO-certified laboratory independent of the Company. Samples were crushed to 70% passing 2 mm, split to 250 g, and pulverized to 85% passing 75 μm. Gold assays were performed using 50 g fire assay with an atomic absorption spectroscopy (AAS) finish . Over-limit assays (>5 g/t Au) were re-assayed with gravimetric finish.

QA/QC program consisted of 8 reference materials (standards) and 8 blanks inserted by geologists at regular intervals. In addition, Laboratory QA/QC protocols included internal blanks, standards, and duplicates, with performance reported to the exploration team for independent review. No material QA/QC issues were noted in the batches reported.

About Stellar AfricaGold Inc.

Stellar AfricaGold Inc. is a Canadian precious metal s exploration company focused on North and West Africa, with active programs in Morocco and Côte d’Ivoire. Stellar’s principal exploration projects are its advancing gold discovery at the Tichka Est Gold Project in Morocco, and its early-stage exploration Zuénoula Gold Project in Côte d’Ivoire.

The Company is listed on the TSX Venture Exchange ( TSX.V: SPX ) , the Tradegate Exchange ( TGAT: 6YP ) and the Frankfurt Stock Exchange ( FSX: 6YP ) .

The Company maintains its head office in Vancouver, BC and has a representative office in Casablanca, Morocco.

The technical content of this press release has been reviewed and approved by M. Yassine Belkabir, MScDIC, CEng, MIMMM, a Stellar director and a Qualified Person as defined in NI 43-101.

Stellar’s President and CEO J. François Lalonde can be contacted at +1 514-994-0654 or by email at lalondejf@stellarafricagold.com

Additional information is available on the Company’s website at www.stellarafricagold.com.

On Behalf of the Board

J. François Lalonde

J. François Lalonde

President & CEO

This news release contains ‘forward-looking statements’ within the meaning of applicable Canadian securities laws. Forward-looking statements are based on expectations, estimates and projections as at the date of this news release and are subject to known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied. Such risks and uncertainties include, but are not limited to, the Company not achieving the production milestones described herein, changes in business plans or commodity prices, failure to obtain regulatory approvals, and the risk factors described in the Company’s most recent Management’s Discussion and Analysis and Annual Information Form, which are available on SEDAR+ at www.sedarplus.ca . Forward-looking statements are not guarantees of future performance and should not be unduly relied upon. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking statements contained herein.

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.

Copyright (c) 2025 TheNewswire – All rights reserved.

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ACG Amends Terms of Gediktepe Royalty Agreement to Support Transition from Gold to Copper Production

ACG announces that the net smelter return royalty agreement dated 17 July 2019 (the ‘Royalty Agreement‘) originally entered into between Lidya Madencilik Sanayi ve Ticaret A.Ş. (which assigned its interest to ACG Holdco 1 Limited), Polimetal Madencilik Sanayi ve Ticaret A.Ş. (‘Polimetal‘) and Alacer Gold Madencilik A.Ş (which assigned its interest to EMX Royalty Corporation (‘EMX‘)) in respect of production at the Gediktepe mine was amended and restated (the ‘Amended Royalty Agreement‘) on 30 September 2025. The amendment is the result of a consensual agreement with EMX on terms that are mutually beneficial to all parties.

Under the terms of the Amended Royalty Agreement and related documents:

  • With effect from 1 January 2026, the terms of the oxide and sulphide royalties have been simplified, with the oxide royalty percentage being decreased from 10% to 2.25% and the sulphide royalty percentage being increased from 2% to 2.25% on all sulphide production.
  • Each of ACG and Polimetal has been released from its obligations to make certain milestone payments (the ‘Milestone Payments‘) linked to the commencement of sulphide commercial production at the Gediktepe mine (in an aggregate amount of US$ 6 million) to EMX in 2026.

The adjustment to the royalty terms will provide substantial benefits to the group as it forges ahead with the transition from oxide to sulphide production at the Gediktepe mine. In particular:

  • The amendments to the Royalty Agreement should result in a significant reduction in all in sustaining costs (AISC) on the remaining oxide ore produced at the Gediktepe mine from 2026.
  • The reduction in the high oxide royalty percentage and release of the obligation to make the Milestone Payments should considerably strengthen the group’s short term cash flows and enable it to increase its cash buffer in 2026 while the Gediktepe mine transition is completed.
  • The royalty percentage applicable to any future oxide production following a potential LOM extension at Gediktepe will decrease from 10% to 2.25%.

Patrick Henze, Chief Financial Officer of ACG said:

‘We are very pleased to have completed the process of amending our royalty arrangements with EMX and believe that the amended royalty terms leave us well positioned to navigate the transition from oxide to sulphide production in the near term. We are thankful to EMX for its constructive and collaborative approach during this process and look forward to continuing our mutually beneficial partnership.’

Inside information

The information contained within this announcement is considered by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No.596/2014 (as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018). On the publication of this announcement via a Regulatory Information Service, such information is now considered to be in the public domain.

Forward looking statements

This announcement may contain certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking statements‘). Forward-looking statements are identified by their use of terms and phrases such as ‘believe’, ‘targets’, ‘expects’, ‘aim’, ‘anticipate’, ‘project’, ‘would’, ‘could’, ‘envisage’, ‘estimate’, ‘intend’, ‘may’, ‘plan’, ‘will’ or the negative of those, variations or comparable expressions, including references to assumptions. The forward-looking statements in this announcement are based on current expectations and are subject to known and unknown risks and uncertainties that could cause actual results, performance and achievements to differ materially from any results, performance or achievements expressed or implied by such forward-looking statements. Factors that may cause actual results to differ materially from those expressed or implied by such forward looking statements. These forward-looking statements are based on numerous assumptions regarding the present and future business strategies of the Group and the environment in which it is and will operate in the future. All subsequent oral or written forward-looking statements attributed to the Company or any persons acting on its behalf are expressly qualified in their entirety by the cautionary statement above. Each forward-looking statement speaks only as of the date of this announcement. Except as required by applicable law, regulatory requirement, the UK Listing Rules and the Disclosure Guidance and Transparency Rules, neither the Company nor any other party intends to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

The person responsible for the release of this information on behalf of the Company is Artem Volynets, Chief Executive Officer.

For further information please contact:

Palatine

Communications Advisor

Conal Walsh / James Gilheany/ Kelsey Traynor/ Richard Seed

acg@palatine-media.com

Berenberg

Research Analysts

William Dalby +44 (0) 20 3753 3243

Richard Hatch +44 (0) 20 3753 3070

Cody Hayden +44 (0) 20 3753 3133

Joint Broker

Jennifer Lee / Natasha Ninkov

+44 (0) 20 3207 7800

Canaccord

Research Analysts

Tim Huff +44 (0) 20 7523 8374

Joint Broker

James Asensio / Charlie Hammond

+ 44 (0) 20 7523 80

About the Company

ACG Metals is a company with a vision to consolidate the copper industry through a series of roll-up acquisitions, with best-in-class ESG and carbon footprint characteristics.

In September 2024, ACG successfully completed the acquisition of the Gediktepe Mine which is expected to transition to primary copper and zinc production from 2026 and will target annual steady-state copper equivalent production of 20-25 kt. Gediktepe produced 55koz of AuEq in 2024.

ACG’s team has extensive M&A experience built through decades spent at blue-chip multinationals in the sector. The team brings a significant network as well as a commitment to ESG principles and strong corporate governance.

For more information about ACG, please visit: www.acgmetals.com

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Prismo Metals Announces Results of Shareholder Meeting and Security Based Compensation Grants

(TheNewswire)

Vancouver, British Columbia, October 2, 2025 TheNewswire – Prismo Metals Inc. (‘ Prismo ‘ or the ‘ Company ‘) (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to announce that all matters were approved at the Company’s annual general and special meeting of shareholders held on October 2, 2025 (the ‘ Meeting ‘).

At the Meeting, the Company’s shareholders elected a board of directors comprising Alain Lambert, Louis Doyle, Craig Gibson and Martin Dupuis, and approved the re-appointment of the Company’s current auditor, DeVisser Gray LLP. In addition, shareholders approved (a) the adoption of the new ‘rolling up to 20%’ long-term incentive plan (the ‘ Plan ‘) dated August 18, 2025; (b) the continuance of the Company from Canada into British Columbia under the Business C orporations Act (c) and a possible new corporate name as is determined by the directors of the Company.

The Company also announces that, pursuant to the Plan, it has granted a total of 850,000 stock options (the ‘ Options ‘) to certain directors and officers of the Company and 100,000 Options to a consultant of the Company. The Options are each exercisable to purchase one common share of the Company (a ‘ Common Share ‘) at an exercise price of $0.15 for a period of five years. The Options will vest over one year, with one-quarter of the Options vesting every three months.

The Company has also issued an aggregate of 725,000 restricted share units (the ‘ RSUs ‘) to certain directors and officers of the Company. Each RSU entitles the holder to be issued one Common Share on vesting. T he RSUs will vest over one year, with one-quarter of the RSUs vesting every three months.

About Prismo Metals Inc.

Prismo (CSE: PRIZ,OTC:PMOMF) is mining exploration company focused on advancing its Silver King, Ripsey and Hot Breccia projects in Arizona and its Palos Verdes silver project in Mexico.

Please follow @PrismoMetals on , , , Instagram , and

Prismo Metals Inc.

1100 – 1111 Melville St., Vancouver, British Columbia V6E 3V6

Phone: (416) 361-0737

Contact:

Alain Lambert, Chief Executive Officer alain.lambert@prismometals.com

Gordon Aldcorn, President gordon.aldcorn@prismometals.com

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

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

Copyright (c) 2025 TheNewswire – All rights reserved.

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Quimbaya Identifies Mineralized High-Sulfidation Porphyry System at Surface at Tahami

Surface work confirms Cu-Mo-Au mineralization, classic porphyry type style-alteration, and active gold workings, reinforcing district-scale upside at Quimbaya’s flagship project in Colombia.

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

Quimbaya Gold Inc. (CSE: QIM,OTC:QIMGF) (OTCQB: QIMGF) (FSE: K05) (‘Quimbaya’ or the ‘Company’) is pleased to report the identification of a large, multi-kilometer Cu-Mo-Au porphyry-style target at surface within its 100%-owned Tahami Center Project in Antioquia, Colombia. Located approximately 2.5 kilometers northeast of the Company’s active drill program at Tahami South, the target spans a 2.0 by 1.4-kilometer footprint and exhibits hallmark porphyry characteristics confirmed by surface mapping, mineralogy, and geochemical anomalies.

Importantly, multiple artisanal gold workings are active within the footprint, confirming near-surface gold mineralization and reinforcing the system’s potential as a preserved porphyry system with a vertically zoned epithermal overprint.

Key Highlights

  • Large Surface Footprint: 2.0 km x 1.4 km target with preliminary mapped porphyry-style alteration and veinlets.
  • High-Sulfidation Epithermal Overprint: Presence of a preserved lithocap with advanced argillic alteration (alunite-pyrophyllite-dickite-kaolinite) confirms a high-sulfidation system at surface. These environments are globally recognized for hosting high-grade gold zones and often occur above or adjacent to copper-gold-molybdenum porphyry systems, supporting the interpretation of a vertically zoned, mineralized system.
  • Complete Porphyry Signature: Potassic (biotite-magnetite), quartz-sericitic and advanced argillic zones confirmed by Terraspec analysis.
  • Veinlet Suite: Full porphyry veinlet sequence (A, M, EB, B, D) identified across multiple stations.
  • Surface Mineralization: Copper oxides, molybdenite, chalcocite, chalcopyrite and copper sulfates (chalcanthite, brochantite) observed in outcrops.
  • Preliminary Geochemistry: Preliminary rock channels with 2.10m @ 0.12% Cu, 301 ppm Mo, 0.10 g/t Au; stream sediments return up to 304.5 ppm Cu, 66 ppm Mo, 0.29 g/t Au, and gold in pan.
  • Strategic Location: Within the same corridor as Aris Mining’s Segovia operations and just 2.5 km from Quimbaya’s current drill pads.

Figure 1. District Location Map: Tahami South Project and Tahami Center Project.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11347/268861_e6b48ffd5468a922_001full.jpg

‘This kind of result doesn’t come as a surprise, it’s the outcome of years spent assembling a high-quality portfolio in a region we know well,’ said Alexandre P. Boivin, CEO of Quimbaya Gold.

‘What we’re seeing at surface, including artisanal mining within the footprint, is a direct reflection of the geological potential we believed was there from the beginning. The fact that it’s so close to where we’re actively drilling at Tahami South makes it a natural extension of our exploration work and a testament to the strength of the entire Quimbaya team.’

Contextual Significance

Colombia is globally recognized for its high-grade epithermal gold veins, particularly in the Segovia belt, but porphyry systems, especially those with Cu-Mo-Au potential, remain one of the country’s most underexplored geological domains. The scale, preservation, and surface expression of the mineralized system at Tahami suggest a rare geological setting with clear exploration potential. With one of the few consolidated land positions in the region, Quimbaya is well positioned to advance porphyry and high-sulfidation exploration in one of Colombia’s most productive gold districts.

Technical Overview

Surface mapping and geochemical sampling have delineated a porphyry type system consistent with preserved high-level mineralization.

  • Alteration Zonation:
    • Potassic Sodic: Biotite-magnetite ± Albite
    • Phyllic overprint: Quartz-sericite
    • Advanced argillic lithocap: Alunite-pyrophyllite-dickite-kaolinite, confirmed by Terraspec (Universidad Nacional de Colombia)
  • Veinlet Types:
    • A, M, EB, B, and D veinlets mapped, consistent with well-developed porphyry systems.
  • Mineralization Observations:
    • Chalcopyrite, chalcocite, molybdenite in outcrops
    • Secondary copper sulfates (chalcanthite, brochantite) at surface
    • Visible gold observed during stream sediment panning

Figure 2. Preliminary geochemistry: the first two prospects have been identified in the property related with high mineralisation of copper/molybdenite and epithermal gold veins.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11347/268861_e6b48ffd5468a922_002full.jpg

Table 1. Robusta Prospect underground channel rock sampling highlights

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11347/268861_e6b48ffd5468a922_003full.jpg

* Pending assay results for 54 meters of underground channel rock samples

Table 2. Stream sediments sampling highlights

Prospect Sample_id Type Au ppb Cu ppm Mo ppm
Robusta QG_000221 Stream Sediments 8.00 137.60 66.00
Robusta QG_000230 Stream Sediments 7.00 304.50 19.00
Robusta QG_000238 Stream Sediments 289.00 133.10 24.00
Bourbon QG_000236 Stream Sediments 123.00 157.80 27.00

 

* Pending multi-element assay results for 8 stream sediment samples

Figure 3. Porphyry Footprint outcrops with strong alteration zones, and porphyry type veinlets.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11347/268861_e6b48ffd5468a922_004full.jpg

‘Identifying a textbook porphyry system with visible copper and molybdenite at surface, and active gold extraction from epithermal veins strongly validates our district-scale model at Tahami,’ said Ricardo Sierra, VP Exploration of Quimbaya Gold. ‘The alteration zoning, veinlet architecture, and early geochemical signatures are highly consistent with porphyry copper systems globally.’

Figure 4. Porphyry Footprint outcrops with strong Advance Argillic alteration and quartz-sericitic alteration.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11347/268861_e6b48ffd5468a922_005full.jpg

Figure 5. Porphyry type veinlets stockwork and mineralisation. Chalcopyrite (Cpy), Chalcocite (Cc), Chalcanthite (Chal), Brochantite (Bro), Magnetite (Mt).

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11347/268861_e6b48ffd5468a922_006full.jpg

Sample preparation and analysis

Quimbaya Gold used SGS laboratory to prepare and assay samples collected on the Tahami Project. These include SGS Medellin and SGS Peru for preparation and analysis. SGS preparation and Fire Analysis in the SGS laboratory in Medellin Colombia, and SGS multielement analysis located in Peru.

Rock samples delivered to SGS were prepared in Medellin, samples were received and labelled, dry at 100°C +- 5°C, primary crushing in a jaw crusher to 95% passing 20 mesh, secondary crushing with roll mill ant slow revolution, cleaning with compressed air and quartz, with 85% passing 10 mesh, with every 10 sampled control and granulometry, riffle split coarse crushed sample in jones splitter, to extract 250 to 500 gr; Pulverization of samples is completed in a ring mill, with >95% passing 140 sieve and cleaning with clean sand. Samples were assayed for Fire Assay for Au in Medellin using FAA313 and FAG303 method, and multielement analysis in Peru using ICP40B0 method.

Stream sediments samples delivered to SGS were prepared in Medellin, samples were received and labelled, previously air drying (inhouse) and dry at 60°C +- 5°C, 100% passing -80 mesh; pulverization of samples is completed in a ring mill, with >95% passing -140 sieve and cleaning with clean sand. Samples were assayed for Fire Assay for Au in Medellin using FAA313, FAG303 and AAS12C method, and multielement analysis in Peru using ICP40B, in line with QA/QC best practices.

The insertion rate is acceptable for CRM’s, field duplicates and blanks. Quimbaya Gold procedures require 7 blanks, 3 duplicates and 3 CRM’s (OREAS 501d, OREAS 506) per 104 samples submitted for the current Batch_031, Batch_032 and Batch_035. To date Quimbaya Gold an insertion percentage of 12.5%, sufficient to judge the quality of sampling and assaying. The author reviewed QAQC and expresses satisfaction that they generally demonstrate a high degree of accuracy at the assaying SGS laboratory. Standard deviations were used as control gates for submitted CRM’s (3x and 2x).

Qualified Person

Quimbaya’s disclosure of technical and scientific information in this press release has been reviewed and approved by Ricardo Sierra (AusIMM), the Vice President Exploration for the company, who serves as a Qualified Person under the definition of National Instrument NI-43 101.

Regulatory Disclosure Update

Further to the Company’s news release dated September 22, 2025, Quimbaya Gold Inc. wishes to clarify and amend its previous disclosure regarding investor relations and promotional activity, in accordance with CSE Policy 7.3(1). The Company has entered into agreements with three independent third parties. CEO.CA Technologies Ltd. (1600 – 595 Burrard Street, Vancouver, BC V7X 1L3, Canada; info@ceo.ca; 1-800-665-5300) was retained to provide sponsored banner placements and digital awareness campaigns on www.ceo.ca for a term of three months beginning September 18, 2025, for a total cash consideration of C$15,000. TNM Media Group (The Northern Miner, 365 Bloor Street East, 16th Floor, Toronto, Ontario M4W 3L4, Canada; info@northernminer.com; 416-510-6789) was engaged to deliver sponsored content, banner advertising, and investor outreach across its digital platforms at www.northernminer.com, beginning September 20, 2025, for a four-month term and total compensation of C$20,000. Lastly, Spark Newswire Inc. (Suite 800, 885 West Georgia Street, Vancouver, British Columbia V6C 3H1, Canada; steve@sparknewswire.com; 647-800-1885) was contracted to amplify press releases and conduct promotional marketing through targeted financial media and digital channels, commencing September 18, 2025, for a period of four months and total compensation of US$75,000. Spark’s distribution platforms include www.sparknewswire.com, its affiliate www.spartantrading.com, and major newswire distribution services such as PR Newswire (www.newswire.ca), Cision (www.cision.ca), and GlobeNewswire (www.globenewswire.com). None of these service providers hold any securities or options in Quimbaya Gold Inc., and all engagements are conducted on a fully independent basis.

About Quimbaya

Quimbaya aims to discover gold resources through exploration and acquisition of mining properties in the prolific gold mining districts of Colombia. Managed by an experienced team in the mining sector, Quimbaya is focused on three projects in the regions of Segovia (Tahami Project), Puerto Berrio (Berrio Project), and Abejorral (Maitamac Project), all located in Antioquia Province, Colombia.

Contact Information

Alexandre P. Boivin, President and CEO apboivin@quimbayagold.com

Sebastian Wahl, VP Corporate Development swahl@quimbayagold.com

Quimbaya Gold Inc.
Follow on X @quimbayagoldinc
Follow on LinkedIn @quimbayagold
Follow on YouTube @quimbayagoldinc
Follow on Instagram @quimbayagoldinc
Follow on Facebook @quimbayagoldinc

Cautionary Statements

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268861

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Adam Rozencwajg: Gold’s Record Run Not Over Yet, Silver Still Looks Cheap

Adam Rozencwajg, managing partner at Goehring & Rozencwajg, discusses the factors driving gold’s current price run and why he thinks it will continue.

‘I think that this rally is sustained. I think that it’s going on until I see otherwise,’ he said.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

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Valeura Ranked No. 1 of Canada’s Top Growing Companies

Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (‘Valeura’ or the ‘Company’) has been ranked No. 1 on the Report on Business magazine’s 2025 ranking of Canada’s Top Growing Companies, as published on September 26, 2025.

Valeura achieved the top position among 400 candidate companies across all sectors, based on three-year revenue growth. The Company’s revenue increased from US$3 million in 2021 to US$689 million in 2024, representing a 20,064% increase. This recognition follows the Company’s No. 8 ranking in 2024, reflecting sustained momentum in value creation and operational execution.

Dr. Sean Guest, President and CEO commented:

‘We are honoured to receive this exceptional recognition from the Report on Business magazine. Achieving the No. 1 position among 400 companies across all industries validates our disciplined approach to creating value through growth.

Since launching our growth strategy in 2020, our team has demonstrated top tier operational and financial performance. At the same time, we have remained highly discerning in selecting which opportunities to pursue. Our revenue growth of 20,064% over three years underscores the fact that our strategy is working.

As we continue to actively pursue organic and inorganic opportunities to create value for all stakeholders, I extend my sincere gratitude to the many individuals who have supported our journey.’

About the Ranking

The Report on Business magazine is published by The Globe And Mail, widely regarded as Canada’s foremost news media company. Their annual editorial ranking of Canada’s Top Growing Companies measures businesses on three-year revenue growth. The complete 2025 ranking is listed here.

About the Company

Valeura is a Canadian public company engaged in the exploration, development and production of petroleum and natural gas in Thailand and in Türkiye. The Company is pursuing a growth-oriented strategy and intends to re-invest into its producing asset portfolio and to deploy resources toward further organic and inorganic growth in Southeast Asia. Valeura aspires toward value accretive growth for stakeholders while adhering to high standards of environmental, social and governance responsibility.

Additional information relating to Valeura is also available on SEDAR+ at www.sedarplus.ca.

For further information, please contact:

Valeura Energy Inc. (General Corporate Enquiries)
+65 6373 6940
Sean Guest, President and CEO
Yacine Ben-Meriem, CFO
Contact@valeuraenergy.com

Valeura Energy Inc. (Investor and Media Enquiries)
+1 403 975 6752 / +44 7392 940495
Robin James Martin, Vice President, Communications and Investor Relations
IR@valeuraenergy.com

This news release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction, including where such offer would be unlawful. This news release is not for distribution or release, directly or indirectly, in or into the United States, Ireland, the Republic of South Africa or Japan or any other jurisdiction in which its publication or distribution would be unlawful.

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

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Blackstone Minerals Investment Mankayan Project Update

Bezant (AIM: BZT), the copper-gold exploration and development company, has today filed a Form 605 – Notice of ceasing to be a substantial holder with ASX listed Blackstone Minerals Ltd (‘Blackstone‘). Bezant’s shareholding of Blackstone shares is now 80,574,880 Blackstone shares. Since the Company’s announcement on 17 September the Company has in the period 18 September to 1 October 2025 sold 53,425,120 Blackstone shares at an average price of AUD 7.021 cents ( approximately 3.45 pence) per share for gross proceeds of AUD 3.75M (approximately £1.84M).

Attached is a copy of the Form 605.

For further information, please contact:

Bezant Resources Plc

Colin Bird Executive Chairman

+44 (0) 20 3416 3695

Beaumont Cornish (Nominated Adviser)
Roland Cornish / Asia Szusciak


+44 (0) 20 7628 3396

Novum Securities Limited (Joint Broker)

Jon Belliss

+44 (0) 20 7399 9400

Shard Capital Partners LLP (Joint Broker)

Damon Heath

+44 (0) 20 7186 9952

or visit http://www.bezantresources.com

Beaumont Cornish Limited (‘Beaumont Cornish’) is the Company’s Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish’s responsibilities as the Company’s Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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