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Locksley Resources (LKY:AU) has announced Kerrie Matthews Appointed Managing Director & CEO

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Nickel prices were volatile in the first half of 2025, but fell flat in Q3 amid ongoing oversupply concerns.

The market has also faced considerable uncertainty as the US adjusts its trade and spending policies, with headwinds coming from the end of the electric vehicle (EV) tax credit and a grinding tariff dispute with China.

These potential weak spots in market demand have come alongside an oversupplied market, and despite a 35 percent reduction in Indonesia’s output quota, supply and demand remain out of balance.

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

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Dr. Mark Thornton, senior fellow at the Mises Institute, discusses the factors that have taken the gold price to all-time highs. In his view, the key driver is government actions like overspending, borrowing and money printing, none of which are likely to abate soon.

He also shares his bullish outlook for silver.

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

CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) (‘CoTec’ or the ‘Company’) is pleased to announce the purchase of its first commercial scale multi-gravity-separator (‘MGS’) from Salter Cyclone Limited (‘Salter’).

The MGS provides a highly effective ‘recovery and upgrading of mineral values’ contained in fine and ultra-fine particles. It is unique in enabling the production of high-grade concentrates at high recovery from low-grade tailings and middling streams which differentiates it from other gravity recovery technology which focuses on either recovery or grade. The MGS has historically proven itself on minerals such as tin, tungsten and chrome, however CoTec is aiming to use the technology to unlock value from tailings streams in other sectors such as iron and copper.

The MGS will be based at Corem’s testing laboratory in Québec Canada. Having the commercial scale unit based at Corem will allow CoTec to assess tailings retreatment opportunities in a compressed timeframe with test results coming from an internationally respected mineral processing organisation. The MGS machine will support the recently announced Lac Jeannine Feasibility Study with BBA, for the recovery of additional iron ore from our Iron Tailings reclamation Project in Québec, Canada Project ⁱ .

Julian Treger, CEO of CoTec commented : ‘The purchase of the MGS is another exciting step forward in achieving CoTec’s corporate strategy of applying technology to recover minerals from material classified as waste. Test work to date on Lac Jeannine’s -75µm iron tailings material has proven that high grade concentrates at economically viable recoveries are achievable, and the Feasibility Study will build on this work and expand into other minerals such as copper, lead and zinc. A commercial scale MGS based at Corem provides CoTec with the ability to move rapidly from lab scale testing to commercial scale data gathering for engineering design and economic valuation. This ability to assess opportunities in a compressed timeframe allows for efficient capital deployment and the ability to bring operations online far quicker than current industry standards. We continue to work closely with Salter as this exciting technology develops’.

MGS Technology

In February 2025, CoTec announced the signing of a binding long-term exclusivity and collaboration agreement with Salter for the application of its Multi-Gravity Separators (MGS) technology for the recovery of iron ore and manganese from both primary mining and tailings material ⁱⁱ . Salter’s MGS technology was originally developed in the 1980s by Richard Mozley and has been in operation for many years applied to the recovery of valuable metal minerals (tin, chromium, copper, zinc etc.). Its application to bulk commodities such as iron and manganese has been limited. As part of the collaboration CoTec and Salter will actively collaborate on an asset-by-asset basis to apply the technology to identified assets.

About CoTec Holdings Corp .

CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) is redefining the future of resource extraction and recycling. Focused on rare earth magnets and strategic materials, CoTec integrates breakthrough technologies with strategic assets to unlock secure, sustainable, and low-cost supply chains.

CoTec’s mission is clear: accelerate the energy transition while strengthening strategic critical mineral supply chains for the countries we operate in. By investing in and deploying disruptive technologies, the Company delivers capital-efficient, scalable solutions that transform marginal assets, tailings, waste streams, and recycled products into high-value critical minerals.

From its HyProMag USA magnet recycling joint venture in Texas, to iron tailings reprocessing in Québec, to next-generation copper and iron solutions backed by global majors, CoTec is building a diversified portfolio with long-term growth, rapid cash flow potential, and high barriers to entry. The result is a game-changing platform at the intersection of technology, sustainability, and strategic materials.

For more information, please visit www.cotec.ca.

For further information, please contact:

Braam Jonker – (604) 992-5600

Forward-Looking Information Cautionary Statement

Statements in this press release regarding the Company and its investments which are not historical facts are ‘forward-looking statements’ which involve risks and uncertainties, including statements relating to the timing, scope, and completion of the Lac Jeannine Feasibility Study, the potential future value of the Lac Jeannine Project (‘Project’), the maiden resource estimate, the bulk sample extraction, potential benefits from the MGS machine for the Project and other potential projects, the option exercise, as well as management’s expectations with respect to the Lac Jeannine investment and other current and potential future investments of CoTec, and the benefits to the Company which may be implied from such statements.

Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements due to known and unknown risks and uncertainties affecting the Company, including but not limited to: resource and reserve risks; environmental risks and costs; permitting and regulatory risks; labor costs and shortages; uncertain supply and price fluctuations in materials; increases in energy costs; labor disputes and work stoppages; equipment leasing and availability; heavy equipment demand and availability; contractor and subcontractor performance; worksite safety issues; project delays and cost overruns; extreme weather events; and social, transport, or geopolitical disruptions.

For further details regarding risks and uncertainties facing the Company, please refer to ‘Risk Factors’ in the Company’s filing statement dated April 6, 2022, a copy of which may be found under the Company’s profile on SEDAR+ (www.sedarplus.ca’ target=’_blank’ rel=’noopener noreferrer’>www.sedarplus.ca’ target=’_blank’ rel=’noopener noreferrer’>www.sedarplus.ca’ target=’_blank’ rel=’noopener noreferrer’>www.sedarplus.ca). The Company assumes no obligation to update forward-looking statements in this press release except as required by law. Readers should not place undue reliance on the forward-looking statements and information contained in this news release and are encouraged to read the Company’s continuous disclosure documents available on SEDAR+ (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 news release.

ⁱ https://www.cotec.ca/news/cotec-commissions-bba-to-lead-feasibility-study-for-the-lac-jeannine-iron-tailings-recovery-project

ⁱⁱ https://www.cotec.ca/news/cotec-announces-exclusivity-and-collaboration-agreement-with-salter-cyclones-for-the-use-of-its-multi-gravity-technology-for-the-recovery-ultra-fine-iron-and-manganese/

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Click here to connect with CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) to receive an Investor Presentation

Atlas Metals (LON: AMG), the natural resources and energy company, is pleased to announce the appointment of Strand Hanson Limited (‘Strand Hanson‘) as Financial Adviser and Sponsor in connection with the proposed acquisition of Universal Pozzolanic Silica Alumina Ltd (‘UPSA‘) (the ‘Transaction‘).

The Transaction constitutes a reverse takeover pursuant to the listing rules of the Financial Conduct Authority (‘FCA‘) and the appointment of Strand Hanson, an independent, advisory-led, modern merchant bank, regarded as a leading mining advisory team, also supports Atlas Metals in this reverse takeover and move from the equity shares (transition) category to the equity shares (commercial companies) category of the Official List of the FCA and its re-admission to trading on the main market for listed securities of London Stock Exchange plc.

Chris Chadwick, Atlas Metals CEO commented:

‘The appointment of Strand Hanson underscores the quality and strategic importance of this transaction for Atlas Metals and the broader London market. Further updates on the progress of the Transaction can be expected in due course.’

Background on UPSA

UPSA is a private company incorporated in England and Wales, formed in May 2023, with core teams in both Australia and the UK. UPSA has the rights to a substantial pozzolanic silica alumina sand resource (‘PSA‘) located in the Yammacoona Sand Quarry (also known as the Warialda Quarry) approximately 12 kilometres south of Warialda, New South Wales, Australia, both as extracted and as off-take, for a period of 99 years from June 2023, having acquired those rights from Claystone International Pty Ltd (‘Claystone International‘), an Australian proprietary company owned by Mr William Clift. UPSA intends to market that resource worldwide. The initial development application was granted to Mr William Clift (both he and Claystone International being shareholders of UPSA) on 15 April 1988, providing consent for extractive industry activities on Lots 5, 6 and 7 in DP 264346 of the Yammacoona Sand Quarry. UPSA and Claystone International will seek further development consent (under the State Significant Development legislation) in respect of Lots 5, 6, 7 and 8 to increase production dramatically from the current 35,000 tonnes annual extraction limit.

UPSA’s Product

The use of pozzolanic volcanic ash as a super-binding additive in concrete-mixing process has been known for over two millennia, as evidenced by countless Roman structures that still stand today.

In a world increasingly committed to reduction of carbon emissions, the construction industry is actively seeking solutions to make the built environment more sustainable. ‘Greening concrete’ and the decarbonisation of concrete has emerged as a major goal.

Concrete manufacturing is estimated to contribute up to 8% of global annual CO₂ emissions. UPSA’s PSA resource replaces approximately 40% of cement concrete production leading to significant carbon emissions savings. This enables governments and developers to construct strong, durable structures, deploying PSA, designed to last for centuries rather than decades, with the additional benefit of carbon credits once accredited and verified by a designated agency. UPSA will market its PSA resource to clients for sustainably constructing, designing, building, and operating projects to minimise environmental impacts while maximising long-term structural benefits.

For further information, please contact:

Important Notice

Neither the content of the Company’s website nor any website accessible by hyperlinks on the Company’s website is incorporated in, or forms part of, this announcement.

This announcement contains statements that are, or may be deemed to be, ‘forward-looking statements’. These forward-looking statements can be identified by the use of words such as ‘will’, ‘expect’, ‘could’, ‘believe’, ‘intend’, ‘should’ and words of similar meaning. All statements other than statements of historical facts included in this announcement, including those regarding the Company’s strategy, plans and objectives and the anticipated Transaction are forward-looking statements. These statements are not fact and readers are cautioned not to place undue reliance on such statements. Forward-looking statements involve a number of known and unknown risks, uncertainties and other factors, many of which are difficult to predict and generally beyond the control of the Company and so may not occur. These forward-looking statements speak only as of the date of this announcement. Atlas Metals expressly disclaims any obligation or undertaking to update or revise any forward-looking statement (except to the extent legally required).

Strand Hanson Limited (‘Strand Hanson‘), which is authorised and regulated in the United Kingdom by the FCA, is acting exclusively for the Company as Sponsor and no one else in connection with the Transaction and it will not regard any other person as a client in relation to the Transaction and will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for providing advice in relation to the Transaction or any other transaction, matter, or arrangement referred to in this announcement.

This announcement has been issued by, and is the sole responsibility of, the Company. No representation or warranty, express or implied, is or will be made as to, or in relation to, and no responsibility or liability is or will be accepted by Strand Hanson or by any of its affiliates, partners, directors, officers, employees, advisers or agents as to or in relation to, the accuracy or completeness of this announcement or any other written or oral information made available to or publicly available to any interested party or its advisers, and any liability therefore is expressly disclaimed.

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80 Mile PLC (’80M’ or the ‘Company’), the AIM, FSE, and OTC listed exploration and development company, is proud to announce a series of major commercial developments at its Ferrandina biofuels facility in southern Italy, (‘Ferrandina’) underscoring the strong and growing demand for sustainable aviation fuel (‘SAF’), hydrotreated vegetable oil (‘HVO’), and biodiesel across Europe.

80M Assumes 100% Ownership of Hydrogen Valley:

The Company and Hydrogen Valley (‘HV’) have agreed to revised terms (‘Revised Terms’) to the acquisition agreement announced 19^th December 2024 (https://80mile.com/regulatory-news/75603) governing the Ferrandina ownership structure. Under the new arrangement, 80 Mile will increase its interest in HV to 100%. Further details to the Revised Terms are noted below.

New MOUs:

Strategic MOU with Fortune 500 Energy Company:

In a landmark step, the Company’s 100%-owned Greenswitch Srl (‘Greenswitch’) has signed a Memorandum of Understanding (‘MOU’) with one of the World’s largest integrated energy companies (the ‘Group’), a publicly listed business ranked in the top 10% of the Fortune 500. This entity is a globally recognised, vertically integrated, leader in refining, petrochemicals and logistics.

Under the terms of the MOU, the Group will supply up to 80,000 tonnes per annum (‘tpa’) of renewable feedstocks to the Ferrandina plant beginning 1 November 2025. These will include Palm Oil Methyl Ester (‘POME’), both crude and refined, as well as Repurposed Used Cooking Oil (‘RUCO’), delivered to the port of Taranto, approximately 70 kilometres (‘km’) from the facility.

This guaranteed supply strengthens Ferrandina’s commercial model, ensuring reliable input for the production of biodiesel and SAF while positioning Greenswitch as a cornerstone in Europe’s transition to low-carbon energy.

Tolling MOU with Ludoil Energia – 50% of Plant Capacity Secured:

Greenswitch has signed an MOU with Ludoil Energia S.r.l. (‘Ludoil’), based in Civitavecchia, Italy.

• The agreement sets the framework for a biodiesel tolling arrangement, under which Ludoil will provide feedstock and HV will generate revenue solely from processing.
• No upfront feedstock purchases are required, eliminating working capital risk.
• The tolling structure is estimated to generate approximately €8 million net profit per year for HV. The other 50% of the capacity is estimated to be double that for total of €24 million net (assuming full production)
• The MOU provides for:
  • Plant restart planned for December 2025 with full production in January 2026
  • Annual quantities: 80,000 tpa of biodiesel in the short term, and 40,000 tpa of SAF longer term

With 80,000 tpa already secured under this tolling framework, Ludoil alone covers 50% of the Ferrandina plant’s permitted 150,000 tpa capacity, giving the Company clear revenue visibility and validating the site’s strategic importance.

MOU with JEnergy S.p.A

Hydrogen Valley has also signed an MOU with JEnergy S.p.A (‘JEnergy’), headquartered in Rome, Italy.

• Short-term framework for the supply of biodiesel and bioliquids
• Longer-term discussions on SAF and HVO supply
• Supply schedule:
  • Start of biodiesel supply: January 2026
  • SAF/HVO supply: 2027 onwards
• Annual agreed quantities: 10,000 tpa of biodiesel, additional bioliquids, and longer-term cooperation on SAF and HVO

Previously Announced MOUs:

NACATA Commodities

80M signed an MOU with NACATA Commodities as announced on 30 July 2025 (‘NACATA’), a leading renewable energy distributor, covering:

• Up to 120,000 tpa of feedstock supply
• Offtake of resulting products: 40,000 tpa of esterified bioliquid and 80,000 tpa of biodiesel
• Initial term: 5 years

Tecnoparco Valbasento

Greenswitch has also signed an MOU with Tecnoparco Valbasento (‘Tecnoparco’) for the procurement of up to 40,000 tpa of biofuel from Greenswitch, for use in its cogeneration units.

The agreement would shorten Tecnoparco’s supply chain, reduce shipping costs, and improve sustainability credentials by moving away from palm oil imports. The initial 40,000 tpa could increase if Tecnoparco’s affiliate industrial operators are included.

Table 1: Offtake & Tolling Agreements

80 Mile 100% ownership of Hydrogen Valley Revised Terms

In consideration, for the move to 100% 80M has paid Greendome €100,000 and will issue 220,000,000 new ordinary shares in the Company (‘New Ordinary Shares) to Greendome Holdings Inc (‘Greendome’) and assume additional deferred payments to the original vendor.. If the value of these New Ordinary Shares triple before June 30th, 2026, then no further payments will be due to Greendome and the transaction under this Agreement shall be considered completed. These shares are locked in until June 2026. Otherwise the following will be payable;

1. an amount equal to €750,000.00 (seven hundred, fifty thousand), in cash by wire transfer of immediately available funds on Greendome Bank Account to be made not later than the 30 June 2027;
2. an amount equal to €750,000.00 (seven hundred, fifty thousand) to be satisfied by the allotment of a number of New Ordinary Shares in 80M equal to the 30 day VWAP
3. an amount equal to €1,500,000.00 (one million, five hundred thousand), to be satisfied 50% in cash by wire transfer of immediately available funds into Greendome’s bank account to be made no later than the 31 March 2028 and 50% by the allotment of the corresponding number of 80M Shares (the ‘Third Shares’).

As part of the transaction, an additional 10 million New Ordinary Shares will be issued to Hydrogen Valley. In conjunction with the acquisition, Mr Mark Frascongna, current Managing Director of HV, will join 80 Mile as Chief Executive Officer of Italian operations in a non-board role. HV will become the 100% owned subsidiary of 80M.

Hydrogen Valley Limited is incorporated in England & Wales and owns 100% of Greenswitch S.r.l. Hydrogen Valley which reported a profit after tax of £1,899,205 for the year ended to 30 June 2025.

Admission and Total Voting Rights

Application will be made to AIM for the 230,000,000 New Ordinary Shares to be issued pursuant to the acquisition of Hydrogen Valley , which will rank pari passu with existing Ordinary Shares, to be admitted to trading on AIM and it is expected that Admission will become effective and dealing will commence on or before 14^th November 2025

In accordance with the Disclosure Guidance and Transparency Rules, the Company hereby notifies the market that immediately following Admission, its issued and outstanding share capital will consist of 4,557,127,203 Ordinary Shares. Shareholders may use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority’s Disclosure and Transparency Rules.

Eric Sondergaard, Managing Director of 80 Mile, added:

‘These agreements mark a step change for the Ferrandina facility. Between Ludoil, JEnergy, NACATA, Tecnoparco, and now one of the world’s largest integrated energy companies, we have clear evidence of the significant industry interest in SAF and HVO development. Importantly, the tolling arrangement with Ludoil already secures 50% of the plant’s total capacity, ensuring stable revenues while minimising working capital exposure.

‘The calibre of counterparties now engaged with Ferrandina underlines its strategic importance within Europe’s renewable fuels supply chain. By partnering with recognised leaders across the Italian and global energy landscape, we are establishing Ferrandina as a key processing hub for biodiesel today and laying the foundation for long-term growth in SAF and HVO. With industry demand accelerating, Ferrandina is uniquely positioned to support Europe’s energy-transition goals.’

About Greenswitch S.r.l

Greenswitch S.r.l. is a trailblazer in the renewable energy sector, dedicated to producing high-quality biofuels that meet global energy needs while prioritising environmental stewardship. The Ferrandina plant is a state-of-the-art facility driving the transition to a sustainable, low-carbon economy. For a high resolution flyover of the facility please follow this link, https://youtu.be/xkXV2LYqJ4c

For further information please visit http://www.80mile.com or contact:

About 80 Mile Plc:

80 Mile Plc, listed on the London AIM market under the ticker 80M, Frankfurt Stock Exchange, and the U.S. OTC Market under the ticker BLLYF, is an exploration and development company focused on high-grade critical metals in Tier 1 jurisdictions. With multiple projects in Greenland, as well as a developing industrial gas and biofuels business in Italy, 80 Mile offers both portfolio and commodity diversification focused on base metals, precious metals, and industrial gas while expanding into sustainable fuels and clean energy solutions in Tier 1 jurisdictions. 80 Mile’s strategy is centred on advancing key projects while creating value through partnerships and strategic acquisitions.

80 Mile’s acquisition of White Flame Energy and the Jameson licenses in East Greenland has positioned the Company in one of the world’s most compelling undrilled hydrocarbon basins. Under its agreement with March GL, drilling of two fully funded wells is set to commence, with Pelican Acquisition Corporation’s merger with Greenland Exploration valuing 80 Mile’s retained 30% interest in Jameson at approximately US$92 million. This acquisition and partnership significantly expand 80 Mile’s exposure to the energy sector while advancing its strategy of developing both conventional and sustainable energy opportunities.

The Disko-Nuussuaq nickel-copper-cobalt-PGE project in Greenland is a primary focus for 80 Mile, 100% owned by 80 Mile PLC. Seven priority targets exhibiting spatial characteristics indicative of potential deposits on a scale comparable to renowned mining operations such as Norilsk, Voisey’s Bay, and Jinchuan, will be advanced by the Company.

The Dundas Ilmenite Project, 80 Mile’s most advanced asset in northwest Greenland, is fully with a JORC-compliant Mineral Resource of 117 Mt at 6.1% ilmenite and an offshore Exploration Target of up to 530 Mt. Dundas is poised to become a major supplier of high-quality ilmenite. Recent discoveries of hard rock titanium mineralisation, with bedrock samples showing nearly double the ilmenite content of previous estimates, further enhance the project’s world-class potential. 80 Mile owns 100% of the Dundas Ilmenite Project under its subsidiary Dundas Titanium A/S in Greenland.

80 Mile PLC has executed an asset purchase agreement with Amaroq Minerals Ltd. (AIM, TSXV, NASDAQ Iceland: AMRQ) to divest its 100% interest in the Kangerluarsuk zinc-lead-silver project in Greenland. Under the terms of the agreement, 80 Mile will receive US$500,000 in Amaroq shares upon completion, with a further US$1,500,000 payable in cash or shares upon the discovery of an economic deposit, defined by a JORC or NI 43-101 compliant resource that supports development.

Forward-Looking Statements

This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements, including with respect to the initial public offering, are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. No assurance can be given that the initial public offering will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as described in the offering prospectus. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

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